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2 items- NEWSETF Winners And Losers: Small-Cap Fund Flows - Banking ETF Gains Over $400 Million While QQQE Loses Over $350 MillionWe performed a screening of small-cap ETFs - defined as having Assets Under Management (AUM) between $400 million and $2 billion - to determine what funds had the largest change in net assets on the week, according to data from etfdb.com. Only non-leveraged funds were considered. Winners Invesco KBW Bank ETF (NYSE:KBWB) KBWB gained $411.89 million in net assets over the trailing week. The Invesco KBW Bank ETF offers investors exposure to the US banking system. The fund is spread amongst large, medium, and small cap companies, mixing blue chip with smaller regional banks. KBWB has $1.95 billion in AUM and an expense ratio of 0.35%. The fund has holdings in 26 companies, with the 10 larg
- NEWS3 Signs A Recession Is Coming: Just 1 Is Left Before Bank Of America Sounds The AlarmBank of America published a playbook Tuesday on how to spot recessionary bear markets and which assets perform best during downturns. The BofA research team named the following three major signs predicting a market crisis by analyzing the previous 150 recession events since 1800 and 16 S&P 500 bear markets during economic downturns: 1) Steepening of the Treasury yield curve. 2) Stringent lending conditions by banks. 3) Fed forced to cut interest rates. Only the third requirement has yet to occur. Contrary to popular belief, recessionary bear markets generally cause a 25% further decline in stocks following the Fed's first rate cut, according to BofA. Bank of America Equity & Quant St