Here are the big trends to watch at the Exchange ETF conference this week

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Here are the big trends to watch at the Exchange ETF conference this week
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This is what everyone is talking about at the Exchange ETF conference in Miami Beach and what it means for the market.

I'm at the ETF Exchange Conference in Miami Beach, where 2,000 registered investment advisors and ETF providers have descended on the city for the industry's largest gathering. Despite a disastrous year for stocks and bonds in 2022, exchange traded funds saw inflows of roughly $600 billion, while mutual funds continued to see outflows. ETFs are now a $6.8 trillion business and rising every year.

Given everything else going on in the markets, I think investors will be perfectly content scooping-up 4%, 5%, 6%+ with relatively minimal risk." Formerly hot sectors with muted enthusiasm ETFs are a giant popularity contest: You can see the flows and tell what's hot and what's not. Among the formerly hot sectors with less enthusiasm: ESG ETFs. The environmental, social and governance space has become heavily politicized.

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