ETFs, major supporter of U.S. stock market, stop buying the dip

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There is no more mistletoe hanging above the markets.

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'The Dip' being Pelosi. Its really hard to believe people with 401Ks voted for Democrats. Simply f*cking amazing.

I guess there'll be not much of a Santa Claus Rally this year.

The Dip ? LOL 😆 it’s tanking wake up !

MARKET MANIPULATION by those who want to hurt TRUMP. They also hurt YOU.

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BlackRock just pulled in record cash for a $1.9 trillion businessThe world's largest asset manager attracted $25.3 billion in net flows into its iShares ETFs last moth, beating a previous record. They also handle the TSP which is the 401k program for federal govt workers.
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BlackRock earnings dip is more than a blipLarry Fink’s manager of $6 trln of assets saw revenue and profit fall in the last quarter from a year earlier. December’s stock rout predictably hit fees, but the shift to cheap ETFs from actively managed funds also accelerated. That’s likely to continue even if markets recover.
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