What ETF Investors Can Learn from the May 6 Flash Crash

If you had any doubt that today’s markets aren’t what they used to be, it should be gone after last Thursday. U.S. stocks were already having a bad day thanks to riots in Greece, elections in the U.K., freezing credit markets in Europe and a growing oil spill in the Gulf of Mexico. Within a matter of minutes that afternoon, even some blue-chip stocks went from bad to worse to catastrophic. Then, just as quickly, they came back! What in the world happened? And what does it mean for you as an exchange traded fund (ETF) investor? Today I’ll try to give you some answers … ETFs Caught…