Investors like to know what they’re getting when they make an investment: fees are this much, or the fund will hold that type of security. Transparency is often the key to investors’ hearts (and success), which is one reason ETFs have been so triumphant.
A recent CNBC article highlighted, yet again, that owning debt from the developing world denominated in local currency remains the darling of many investors.
Last Wednesday, the Federal Reserve capitulated to market expectations and announced ‘Operation Twist.’ Now, let’s take it to the lab.
Ben Bernanke has reiterated on multiple occasions that the Federal Reserve continues to have tools to re-energize the flailing economic recovery.
Reading Paul Baiocchi’s blog, I was shocked to see the SPIVA scorecard results.
Investors are pouring money into ETFs that, at best, will earn nothing. There are other options.
Last Friday, it happened – “The Downgrade.” There’s only one problem. It doesn’t really matter.
On China and Switzerland
Last week, Paul Amery wrote a eulogy for bond ETFs. But Paul’s missing the forest for the trees.