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JPMorgan Chase Report: Canadian ETF Inflows Hit Four-Year High Last Week as Investors Misjudged U.S.-Canada Trade Talks Outlook
A report released late Monday by JPMorgan Chase (JPMorgan) indicated that Canadian exchange-traded funds (ETFs) recorded their strongest inflows in four years last week. The report, led by the bank's derivatives analyst Bram Kaplan, found this phenomenon "perplexing" given the escalating trade dispute between the U.S. and Canada, suggesting that investors misjudged the atmosphere of the U.S.-Canada trade negotiations.
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