From Bloomberg: $47 billion has gone to exchange-traded funds that track everything from stocks to bonds to commodities since Sept

From Bloomberg: $47 billion has gone to exchange-traded funds that track everything from stocks to bonds to commodities since Sept. 1, according to data compiled by Bloomberg. That followed about $18 billion pulled in August, $40 billion added in July and $11 billion pulled in June, making it the most volatile period on record for flows. Almost $7 billion went to ETFs on Oct. 17 alone, as Congress passed legislation to avoid a default. Resolution of the budget impasse sends an all-clear signal that will spur another round of deposits, according to David Kelly, the chief global strategist at JPMorgan Funds in New York, which oversees about $400 billion in long-term assets. The pattern we'd seen with flows for much of 2013 is going to resume now that things have settled down, Kelly said by phone Oct. 17. It's a realization that the markets have been able to survive Washington. (VIEW LINK)