The Feed

The news was kind of bad this week again (retail sales slumped), but the market advanced again to a new all-time high for the S&P 500 and the Russell 2000. Interestingly, the NASDAQ-100 and the Technology sector did not. Last week, I discussed how AI investment management can make us all rich. A Look at the Market The S&P 500 has returned 14.5% with dividends included, and the price is up 13.9% for SPDR S&P 500 ETF (SPY) in 2026 so far. This leaves the market on track to post

The ETF market has gotten massive. What is an ETF? It stands for Exchange-Traded Fund, which was invented in Canada in 1990 and introduced in the U.S. in 1993 with the launch by State Street Global Advisors of the SPDR® S&P 500® ETF (SPY), which represented the overall market as measured by the Standard & Poors 500, a popular large-cap index. Now, there are so many ETFs, and they have expanded their scope beyond broad markets to very narrow ones. They have moved beyond just s