“What goes up must come down.” So, supposedly, said Isaac Newton. It turns out what applies to physics also applies to financial markets.
So what went up? Well, about a month ago, we puzzled over the steepening contango in the Comex (CMX) gold...
(Bloomberg) -- Fidelity Investments, one of the largest U.S. mutual fund companies, is expanding its exchange-trade funds business by introducing its first so-called smart beta offerings...
(Bloomberg) -- New York Life Insurance Co.’s MainStay Investments hired Ken Bossen to help build the exchange-traded fund operation that seeks to mimic hedge fund strategies...
(Bloomberg) -- The first reboot of S&P 500 Index group weights in almost two decades has arrived, shaking up stock portfolios and conjuring an industry out of real estate investment trusts that will infuse at least one lightweight ETF...
