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Interestingly, though, we saw retail investors being net redeemers of equity funds at negative $4.9 billion, while authorized participants were net purchasers of equity ETFs at plus $9.4 billion. So once again it was a tale of two cities.

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    Who said, “Hope is the power of being cheerful in circumstances that we know to be desperate.”
    A C.S. Lewis
    B Christopher Reeve
    C Desmond Tutu
    D G.K. Chesterton