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Independent macro research firm The Kobeissi Letter said retail inflows into semiconductor ETFs have fallen to about 1 std dev below the past 12‑month average, after dipping to roughly 2 std dev below in mid‑June. The metric remains well under peaks

2026-09-08

Independent macro research firm The Kobeissi Letter said retail inflows into semiconductor ETFs have fallen to about 1 std dev below the past 12‑month average, after dipping to roughly 2 std dev below in mid‑June. The metric remains well under peaks in Nov 2025 and Mar 2026, when retail inflows reached about +3 std dev. Retail buying of individual semiconductor names last month dropped to more than 2 std dev below the historical norm. Retail purchases of semiconductor stocks and ETFs are marked lower than before the June–July selloff. AI-driven trading remains highly dynamic.

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The Finnish Border Guard Agency: Finland has built approximately 200 kilometers of fencing along its border with Russia.

The Finnish Border Guard Agency: Finland has built approximately 200 kilometers of fencing along its border with Russia.
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