In four of the last five times a similar level of “retail capitulation” occurred, the S&P 500 Index rose more than average in the subsequent one-, three-, and six-month periods.
More than 30 new ETFs debuted in May, an uptick from the 22 new launches in April.
Main themes discussed at WealthStack, Inside ETFs and the main stage of the conference.
These funds took in the most money over the past 30 days.
Franklin Templeton will initially pay $925 million in shares and cash to acquire Putnam from Great-West Lifeco Inc.
Clients rarely have well-defined ideas about what they want their portfolios to look like. That’s why they seek out advisors in the first place.
She built her reputation on picking tech trends. Now she is having to defend bailing out of Nvidia.
