Teenagers ages 13 to 17 will be able to trade U.S.-listed stocks, Fidelity mutual funds and most exchange-traded funds, with no account fees or commissions.
In this week's fund news, OSAM's direct index platform Canvas adds four defensive and dividend-growth models, Cboe files to list Fidelity Bitcoin ETF, and ETF Managers Group lists a new cannabis ETF with U.S. exposure.
The risk taking that marked the beginning of the year in the stock market may not have gone away, but rather turned its attention for the time being to a more lucrative venue.
Robust growth thanks to further economic reopening, record government stimulus and increased consumption from post-pandemic demand may lead to inflation, which historically has been a tailwind for value stocks.
The Fed’s rock-bottom interest rates and massive bond buying might lead to asset price bubbles, and excessive risk-taking and leverage that could come back to haunt the economy.
The Fed’s rock-bottom interest rates and massive bond buying might lead to asset price bubbles, and excessive risk-taking and leverage that could come back to haunt the economy.