The Great Rotation That Wasn't.. here's the % of ETF flows historically captured by US vs Int'l.. a slight uptick but still below long term avg and nowhere near the post GFC or the curr hedged craze despite EFA's best returns in a while. Investors simply didn't buy the "Sell America" narrative pushed on them by columnists and economists. IMO this may be *the* story of the year (altho still 5wks to go)