Eric Balchunas: Investors keep adding money to TLT despite further declines

Eric Balchunas: Investors keep adding money to TLT despite further declines
Investors increase TLT positions as price drops

Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, observes that money keeps flowing into TLT even as its value declines. He compares the allure of TLT's falling price to the appeal of a bowl of ice cream, suggesting that each additional drop increases investor temptation. However, he cautions that historical patterns indicate it may be wiser to avoid this kind of temptation.

Balchunas has previously covered major shifts in the ETF landscape. He reported that Northern Trust would convert $33 billion from mutual funds to ETFs, doubling its ETF assets in a recent update. He also noted upcoming changes to the S&P 500, with additions including Bloom Energy, Illumina, and Everpure in an earlier report.

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