Look At The 5-Year Record For Money Panicking Out Of This Key Sector

from King World News

Ahead of Wednesday’s Fed decision, look at the 5-year record for money panicking out of this key sector.

From Jason Goepfert at SentimenTrader: “Traders have pulled money from financials. The primary ETF for the sector, XLF, has lost more than $1.2 billion over the past week, the most since the volatility surrounding “Brexit” and the 3rd-largest outflow since the bull market began in 2009 (see 5-year chart below).

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