Value and small-cap ETFs give investors a chance to test the Fama-French theory. Blind adherence to the theory might not be producing the best results.
The price of platinum dropped this month amid prospects for higher U.S. interest rates and speculation that demand will slip for the metal used in auto pollution-control devices.
Investors are recoiling from riskier assets amid a mix of deteriorating credit fundamentals for retailers and energy companies and higher interest rates from the Federal Reserve, which will make it harder to refinance debt.