Even as the global economy recovers, today’s markets remain characterized by stubbornly low yields. As a result, advisors must cast a wider net to meet their clients’ income needs. Short-term REITs can play a valuable role in meeting those needs, and also act as a powerful diversifier for clients’ income streams. In the upcoming webcast, [...] Read more at ETFtrends.com.
The International Monetary Fund has urged the U.S. Federal Reserve to taper faster as inflationary pressures continue to rise, reports CNBC. While the Fed was already considering faster tapering, the introduction of Omicron, the latest COVID variant that appears to be highly contagious, and the growth of several inflationary pressures, such as a big jobs report [...] Read more at ETFtrends.com.
In trading on Friday, shares of the WisdomTree Yield Enhanced U.S. Aggregate Bond Fund ETF (Symbol: AGGY) crossed above their 200 day moving average of $52.03, changing hands as high as $52.20 per share. WisdomTree Yield Enhanced U.S. Aggregate Bond Fund shares are currently t
After languishing this year, disruptive growth stocks could regain momentum in 2022, making exchange traded funds like the Goldman Sachs Future Tech Leaders Equity ETF (GTEK) relevant considerations in the new year. GTEK debuted in mid-September. Since then, disruptive growth strategies struggled amid fears of Federal Reserve tightening and, more recently, the emergence of the Omicron [...] Read more at ETFtrends.com.
In trading on Friday, shares of the SCHZ ETF (Symbol: SCHZ) crossed above their 200 day moving average of $54.40, changing hands as high as $54.45 per share. SCHZ shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of SCHZ sha
The fintech space looked promising heading into 2021, but despite its recent descent, it presents investors with an opportune buy-the-dip play. Digital payments were a hot commodity during the height of the pandemic in 2020, but a risk-on sentiment gaining steam in 2021 may have changed that tune. Investors were expecting that contact-less payments would [...] Read more at ETFtrends.com.
In trading on Friday, shares of the FLCO ETF (Symbol: FLCO) crossed above their 200 day moving average of $26.01, changing hands as high as $26.07 per share. FLCO shares are currently trading up about 0.8% on the day. The chart below shows the one year performance of FLCO sha
In trading on Friday, shares of the UITB ETF (Symbol: UITB) crossed above their 200 day moving average of $53.52, changing hands as high as $53.60 per share. UITB shares are currently trading up about 0.5% on the day. The chart below shows the one year performance of UITB sha
In trading on Friday, shares of the BLOK ETF (Symbol: BLOK) crossed below their 200 day moving average of $50.35, changing hands as low as $49.03 per share. BLOK shares are currently trading off about 6.8% on the day. The chart below shows the one year performance of BLOK sha
The Cboe Volatility Index and VIX-related exchange traded funds were in full swing as fear and uncertainty fueled wild market swings this week. Among the best-performing non-leveraged ETFs of Friday, the iPath Series B S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) increased 10.5% and the ProShares VIX Short-Term Futures ETF (NYSEArca: VIXY) advanced 10.4%. [...] Read more at ETFtrends.com.
In trading on Friday, shares of the iShares Core Total USD Bond Market ETF (Symbol: IUSB) crossed above their 200 day moving average of $53.27, changing hands as high as $53.33 per share. iShares Core Total USD Bond Market shares are currently trading up about 0.4% on the day.
The Invesco Golden Dragon China ETF is seeing unusually high volume in afternoon trading Friday, with over 226,000 shares traded versus three month average volume of about 65,000. Shares of PGJ were down about 9% on the day.
Eight CEOs from major crypto firms have been called to testify before the U.S. House Financial Services Committee on December 8, reports Reuters. Cryptocurrency and the crypto space have long been looked down upon by regulators and members of Congress as a space of extreme volatility and a haven for illicit transactions. This marks the first [...] Read more at ETFtrends.com.
Gold prices have been in retreat since the Fed indicated that rate hikes might come faster than anticipated. The retreat comes after a short rally for the precious metal following news that the Omicron variant could be resistant to vaccines, according to Moderna’s CEO Stéphane Bancel, who indicated that it could take months to develop [...] Read more at ETFtrends.com.
By Jamie Viceconte, CIO and Chief Marketing Officer, FolioBeyond You may be more exposed to higher interest rates than you think, and here is a potential way to fix it. Many investors hold fixed income securities in their portfolios. After all, the much-maligned “60/40” rule still defines a standard for both retail and institutional portfolios, [...] Read more at ETFtrends.com.
A top Federal Reserve official just warned that if Omicron turns out to be more virulent than the previous COVID Delta variant, already sky-high inflation could be sent even higher. Loretta Mester, president of the Cleveland Federal Reserve, has said that a new, more contagious strain could exacerbate supply chain issues that were just starting [...] Read more at ETFtrends.com.
The Labor Department announced that in November, only 210,000 jobs were added on an expectation of 573,000, reports the Wall Street Journal. It further exacerbates the gap between the demand for workers and the number of people that are finding jobs, driving inflationary pressures higher. The unemployment rate remains low, at 4.2% in November, down [...] Read more at ETFtrends.com.
More data and science are needed to get a better picture of how the Omicron variant of the coronavirus will affect people, businesses, and financial markets over the medium-term, but stocks felt some near-term impact earlier this week and last week. The bad news is that there were declines. The good news is that some [...] Read more at ETFtrends.com.
In trading on Friday, shares of the iShares Russell Mid-Cap Growth ETF (Symbol: IWP) crossed below their 200 day moving average of $111.27, changing hands as low as $111.01 per share. iShares Russell Mid-Cap Growth shares are currently trading down about 2.1% on the day. The