There are more than 70 times as many stock market indexes as there are actual stocks, many created by selective backtests and used by asset managers to market new funds, with minimal disclosures or oversight.
U.S. equity funds extended their longest run of inflows since 2013 as investors continue to pull money from most other developed markets.
China equity funds pulled in over $1 billion last week, the fifth time they’ve had that mark so far this year. Meanwhile, investors are pulling money from other emerging market funds.
ETFs that offer meaningful exposure to the industrials sector—particularly air freight and logistics—are primed to do well in the second half of 2018, according to a CFRA analysis.
Informa’s chief macro strategist weighs in on what’s to come.
An inverted yield curve has preceded each of the last five recessions.
In a bear market, the reduced influence of defensive sectors could cause outsized weakness.