'Pockets Of Resilience': Goldman's ETF Guru Reflects On Nasdaq's Worst July In 22 Years

We've spilled lots of ink on the ETF complex, and the choppiness of the market has only brought more attention to the space.

July is the worst July for the NDX since 2004, and, as Goldman's ETF's guru, Chris Lucas, notes, many of the cross-currents within the top-line indicators of the industry have tapped the brakes (AUM in particular).