The Feed

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

I have been very bearish on stocks for a long time. Too long! Does that make me wrong? Right, but early? I think too early, but I don't...

Gold is up a lot in 2025, and I expect it to decline.

Rates are falling, but they are rising too! Today, the FOMC is likely to leave short-term Fed Funds unchanged.