BREAKING: Global equity ETFs posted a record +$145 billion in inflows last week. The US represented 54% of the total, or +$78 billion, the 2nd-largest weekly inflow on record. This was led by the S&P 500 ETF, VOO, which saw +$59 billion in inflows. Global long-only equity funds attracted a record +$46 billion. As a result, global equity ETFs are on track for a record +$1.4 trillion in total inflows, +$200 billion more than last year. This marks at least the 11th consecutive week of positive inflows. Investors are piling into global equities at a record pace.(The Kobeissi Letter)