A NOTE FROM BOB
If bitcoin is digital gold, why isn't gold like a physical bitcoin? Join us Monday on ETF Edge when one of the world's great gold authorities make the case for owning the precious metals: George Milling Stanley, Chief Gold Strategist at State Street Global Advisors who oversees the SPDR Gold Shares (GLD), the world's largest gold ETF, and Will Rhind, Founder & CEO of GraniteShares which oversees the GraniteShares Gold Shares (BAR). ETFEdge.cnbc.com at 1 PM ET!
This is it for Van Eck's spot bitcoin ETF. The SEC has until November 14th to give a thumbs up or thumbs down on the Van Eck Bitcoin Trust. Don't bet on it. SEC will likely deny it.
It's not just travel and other reopening stocks that have been rallying...investors are buying bonds of beaten-up higher risk companies. The iShares U.S. Fallen Angels USD Bond ETF (FALN) and the VanEck Fallen Angel High Yield Bond ETF (ANGL) have seen major inflows recently. Both own debt from companies that have been stripped of investment-grade status.
New record for ETFs! Now $7 trillion in assets under management. Record inflows this year, most into plain vanilla index funds.
Last week we had Ben Johnson from Morningstar on ETF Edge to talk about the latest dismal performance of active management. Todd noted this week that the median stock in the S&P 500 has lagged the performance in the broader index this year, "In case you were wondering why money keeps flowing from active equity mutual funds to index based ETFs." Indeed. For more analysis and actionable insights, catch me live on Mondays at 1 PM ET on ETF Edge. |
KEY STORIES
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Over 100 S&P stocks just hit new highs, but these two could have more room to run, trader says | |||||
Two retail stocks have supportive technical setups for a continued rally, says MKM Partners' JC O'Hara. | |||||
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Tough times for income investors: Even with payouts at a record, dividend yields are measly | |||||
Dividends are back, as companies step up the payments they make to shareholders. Be aware: Payouts are at record highs, but yields are down. | |||||
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'Their own worst enemies': Why active managers struggle to outperform, according to Morningstar | |||||
Active managers often fail to beat their benchmarks long term because they overcharge on fees, says Morningstar's Ben Johnson. | |||||
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IN CASE YOU MISSED IT
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