Hot Reads: Is ARK Flagship a QQQ Replacement?
Plus, a look at U.S. investors’ shift toward international equity.
Wood Says ‘ARKK’ Is the ‘New Nasdaq’ (Bloomberg)
The ARK founder says her flagship fund now gives investors better exposure to long-term innovation than most of the market’s most popular growth stock benchmarks.
US Investors Dump Domestic Equity for Overseas Funds (Financial Times)
The turnround is a sharp reversal from 2022 when flows to U.S.-focused vehicles were three times the $100 billion attracted by foreign-focused ones.
Goldman Sachs CIO: It’s Time to Ditch Cash for Fixed Income (Institutional Investor)
Holding on to cash means missing out on returns, says Ashish Shah.
Treasury Market Predicts Fed Rate Hikes Are Done (The Capital Spectator)
The bond markets aren’t buying what the Fed is peddling, one economist notes.
Should You Protect Your Portfolio Against US Debt Default? (A Wealth of Common Sense)
For a number of reasons, the debt ceiling is mostly political theater rather than something investors should be too concerned about.
Why Did Similar Strategies Perform So Differently in 2022? (The Evidence-Based Investor)
There are a number of relevant factors, from risk characteristics to bond duration, that come into play.
ETFs With the Worst Returns Over the Past 5 Years (WealthManagement.com)
You might be surprised by at least some of the 20 ETFs that made the list.
