ETF Trends publisher Tom Lydon appeared on CNBC’s Closing Bell on Monday to talk about the $120 billion in year-to-date inflows into ETFs, including global exchange traded products adding $62.9 billion in February, the best February flows on record and record year-to-date pace.
IVV recently crossed over to $100 billion AUM, becoming only the second ETF to have over $100 billion in assets, behind SPDR S&P 500 ETF Trust (SPY) $237 billion.
Lydon talked about enthusiasm for U.S. equities – the Trump-induced stock market rally.
However, he noted growing caution on Trump’s ability to enact these pro-growth policies in a timely fashion.
Examples include the replacement for the Affordable Care Act, Obamacare, which is stumbling in a Republican-controlled Congress.
Any setbacks may indicate Trump’s future ability to pass other initiatives, like tax cuts.