The etf industry, big numbers are par for the course. Our analyst Eric Balchunas is used to big numbers. Eric this is no exception. This is the end of the year, the last show, so normally go over weekly. You today numbers are big. 324 billion. That is the second biggest year of etf flows ever. 7 organic growth. Lets look at the top leaderboard of the year. Bti broad market. 31 , that is the best return for the s p since 1997, even though it did not feel like that. Usmv was a shocker. Interesting for smart data. By one basisee point, enough to win this internal the battle. That is the hangover from 2018 and rates falling. Take a look at the Asset Classes. January to october, equities not that big. 40 of their flows in the past two months. Fixed income, look at that drop off. Gold as well. Look at their growth this year. A little below average but 18 look at their growth this year. Fixed, way above last year. Lets look at the leaderboard in terms of the issuers who won and lost. For the
It is time for the global exchange, where we bring you todays market moving news from around the world. Joining us on the phone from hong kong is karen leigh, from plus guytuart wallace, johnson, and bloombergs dani burger, and here in new york, bloombergs michael mckee. And hong kong, thousands marched through the citys financial district after demonstrations turned violent lester day violent yesterday. Karen leigh has the latest. They firedce saying more than 1400 rounds of tear gas at protesters yesterday, the 70th anniversary of communist party rule in china. People here came out to protest on that day. To give you an example of how big a number that is, that is more than half of the total number of tear gas rounds that have been fired over almost four months of protests. So a pretty big usage by the lease. We saw a lot of violence here yesterday. We saw a definite escalation when a protester was shot by live ammunition for the first time, something people here have been worried ab
Sri lanka has raised its key Interest Rate of the First Time Since july to bolster the rupee. That lending and deposit rates were increased by 25 basis points. Sri lanka is struggling to balance growth and record inflation amid the worst drought in 40 years. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Turning now to the markets. Afternoon trading getting underway and hong kong and china. The hang seng down. 1 . Shenzhen and shanghai both down slightly. Caroline im caroline hyde. This is Bloomberg Technology. Coming up, googles advertising crisis goes global. Big brands in the u. S. Join the u. K. In the backlash over terrorism. Fitbit turns 10, the ceo reflects on the early hypergrowth and the recent troubles facing the company in its turnaround efforts. The senate votes to nullify fcc broadband privacy rules. What that means for internet giants and your data. Googles advertising crisis goes global. It beg
72 . Investors regain postbrexit composure, Federal Reserve strikes an optimistic tone. Will the fed hike in 2016 . We speak to the ceos of Anglo American. They are coming up over the next hour. Caroline german sports good maker is raising its forecast. We have a flurry of earnings. Adidas coming out saying 2016 net continued operations will be up 35 to 39 . Well ahead of the 25 growth seen previously. Upping their forecast, secondquarter sales;ow sales uparter group 21 on ethics adjusted basis. This is an upgrade from the secondbiggest sports maker in the world as nike is clearly been making inroads into china. Well see how much we can see a turnaround in adidas. Lets have a look at how the futures market is spiking itself up for the market opened. Pretty lackluster after the Federal Reserve yesterday, we are seeing the futures market flat at the moment. This is your assets. This is the futures market currently, flat. A little bit of profit taking after the Federal Reserve seems to be
That sounds ominous. This could send u. S. Stocks plummeting. We look at the statement made on Bloomberg Television by a bank of america strategist. Vortex of negative headlines . Is julie hyman at the center of this . Julie . Not yet, but she said it is coming. Maybe in june. The sentiment is so negative. Even as stocks go higher. It is not surprising you are hearing about the vortex of negative headlines to come or people are betting on increasing volatility. Certainly, a lot of investors are expect being it. Expecting it. We saw a rebound that was yesterday, but is picking up. We have a gain of 152 points. It is a broadbased rally. The financials are leading the gains we are seeing. You can see what we look at is mostly green, except a subsector within technology. , along withining all of the main groups of the s p 500 are higher. Oil prices, we see energy higher. Energy, oil prices, as been bouncing around. And while ago. P there were not specific headlines that seemed to be spurri