What can go wrong? With exchange-traded funds and notes, particularly leveraged ones, the mechanics aren’t as straightforward as they seem. Yet there is little excuse for not knowing what you are getting your clients into.
Below is an email I received from Morningstar. So, let's see. The stock market has climbed back to its 2007 highs last week and yet investors, retail investors, continue to yank money out of stock funds. Amazing...
