While the world is trying to turn over a new leaf by focusing on combating climate change and cutting carbon emissions, coal prices have surged to their highest level in a decade. Due to a shortfall in natural gas, rising electricity usage, and low rain in China, the world is experiencing a resurgence in demand [...] Read more at ETFtrends.com.
As the Federal Reserve lifts Covid-19 dividend and share buyback restrictions on the financial sector, dividend-related exchange traded funds could benefit from the increased capital distributions ahead. After its annual stress test on Thursday, the Fed found that all 23 of the tested banks appeared to have “strong capital levels” and would be able to [...] Read more at ETFtrends.com.
There is exciting news this week for space fans and investors interested in the space domain. Elon Musk’s SpaceX is “shooting for July” to launch the first orbital spaceflight of its Starship rocket, according to comments from SpaceX president Gwynne Shotwell on Friday. “I’m hoping we make it, but we all know that this is [...] Read more at ETFtrends.com.
Nike (NYSE: NKE) surged Friday to a record high after a stellar full-year outlook, lifting consumer discretionary sector-related exchange traded funds. On Friday, the iShares U.S. Consumer Goods ETF (IYK) rose 1.1%, and Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) gained 0.6%. Meanwhile, Nike shares jumped 15.0% on Friday. NKE makes up 5.4% of IYK’s [...] Read more at ETFtrends.com.
Value stocks and related exchange traded funds rose Friday as U.S. markets pushed toward their best week since March on renewed confidence in the economic expansion. The equity markets have strengthened since the Federal Reserve signaled it would raise interest rates sooner than previously projected. Investors attributed the rebound to data pointing to an acceleration [...] Read more at ETFtrends.com.
The Ethereum Foundation, which leads development of ether, the biggest crypto asset after Bitcoin, announced in May that it would be changing its underlying infrastructure to reduce carbon emissions. The environmental impact of cryptocurrencies, especially Bitcoin, is a major concern cited by crypto critics. But even crypto fans like Elon Musk have expressed concerns about [...] Read more at ETFtrends.com.
We believe return enhancements and diversification are the main reasons investors seek out alternative assets and investment strategies We believe traditional asset classes exposure through conventional asset allocation methods do not offer exposure to alternative risk premia Our research suggests there are diversification benefits from macro investing due to utilizing more flexible investment mandates to [...] Read more at ETFtrends.com.
The effects of global climate change on the environment are becoming more and more pronounced, and clean energy emerges as a viable alternative to traditional sources of energy and thus a mechanism for damage control.
Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a weekly basis in this report, updating the report every Friday, along with an accompanying podcast and chart book. Every quarter, the Federal Reserve publishes the Financial Accounts of the U.S., previously referred to as [...] Read more at ETFtrends.com.
Of the “known known” risks in financial markets today, we view tightening monetary policy as one of the top concerns, if not the top concern. Recently, inflation-related fears have catapulted to the top of investors’ minds, but tightening monetary policy, which is the primary tool to fight inflation, is the real risk for asset prices. [...] Read more at ETFtrends.com.
By Bob Smith, President & CIO Earlier this week, I spoke at the Barron’s Institutional Summit about how the ESG investing landscape is changing and what’s driving momentum for ESG adoption among our institutional clients, which includes public retirement plans, defined contribution plans, non-profit organizations, and insurance companies. As I see it, the three key [...] Read more at ETFtrends.com.
Wall Street cheered President Joe Biden’s announcement of the White House striking an infrastructure deal with a bipartisan group of senators. Notably, the S&P 500 index climbed about 0.6% to a record closing high of 4,266.49 on Jun 24, fully recovering the losses a
The iShares Russell 3000 ETF is seeing unusually high volume in afternoon trading Friday, with over 298,000 shares traded versus three month average volume of about 116,000. Shares of IWV were up about 0.3% on the day.
With the energy sector ranking as the best-performing group in the S&P 500 this year, some of the more unique exchange traded funds tracking the sector are really delivering for investors. That includes the VanEck Vectors Unconventional Oil & Gas ETF (FRAK). FRAK, which tracks the MVIS Global Unconventional Oil & Gas Index, is higher [...] Read more at ETFtrends.com.
They’ve still got some work to do against their value rivals, but growth stocks are perking up. That benefits a slew of exchange traded funds, including the famed ARK Innovation ETF (NYSEArca: ARKK). On the back of a 1.42% gain on June 24, ARKK turned slightly positive on a year-to-date basis. That’s impressive considering just [...] Read more at ETFtrends.com.
In trading on Friday, the Invesco Solar ETF is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of Sunworks, up about 10.4% and shares of Jinkosolar Holding, up about 9.5% on the day.
While the United States has begun to gradually reopen the country and infection rates have fallen, the pandemic fallout for small businesses has remained immense. The entertainment industry has been hit especially hard, with businesses like movie theaters and concert venues forced to close. The North Park Theatre in Buffalo, New York, a local landmark [...] Read more at ETFtrends.com.
The U.S. stock market is booming this year with major bourses skyrocketing to new peaks. With millions of Americans now fully vaccinated and pandemic restrictions being rolled back, the U.S. economy is strongly recovering from the pandemic lows.The economy expanded 6.4% a
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares iBoxx $ High Yield Corporate Bond ETF, where 14,700,000 units were destroyed, or a 6.2% decrease week over week.