ETFs

In yesterday's newsletter I claimed that we are now in a financial crisis. That's because, for me, yesterday was the first day during the present market turmoil that felt like the Great Financial Crisis. And sure enough, the Dow Jones…

As I note today how the upcoming Uber IPO tells us that equity investors are still quite bullish, I also realize that this particular bull market is unique in its absence of volatility. There have been a few hiccups a long the way,…

With the US treasury yield curve flattening to almost 60 basis points between 2 and 10-year maturities, we need to ask where are the vulnerabilities in the market if this spate of good news ends. I believe we should look at high yield,…

Amidst the swirl of concerns about not-so-latent inflation pressures adding helium beneath the entire commodities complex, a development in the gold ETF GLD that has been underway and largely unnoticed caught my attention. Take a look at…