Searching for value can be a profitable strategy, but patience is usually required, sometimes in industrial-level doses. Consider today’s update of The Capital Spectator’s semi-regular deep-value fishing expedition, as seen through an ETF lens. While there’s no shortage of battered funds to contemplate, that was true in previous updates and the deepest shades of red reflect a list that’s not all that different from recent rankings.

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Winners and losers in 2nd Democratic debate: Politico
Leaders at G20 meeting confront conflicts over free trade, democracy: AP
What to expect from the upcoming Trump-Xi meeting: CNBC
Trump, in lighthearted exchange, tells Putin: Don’t meddle in election: BBC
Trump says ‘very big’ trade deals are pending with Japan and India: WSJ
US pending homes sales rebounded in May, but 1yr trend still negative: MW
US Q1 GDP growth is unrevised at +3.1% in government’s update: Reuters
US jobless claims rose to a 7-week high last week: MW