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The Aftermath of Another Banking Mess, This Time in Europe
UBS recently acquired its troubled neighbor, Credit Suisse, creating a Swiss megabank. How it all went down led to an avalanche of headlines, with a few interesting angles for investors in things such as exchange-traded notes and CoCo bonds. On this epis
The Situation With Midsize Banks
In barely a week, three banks a lot of people had never heard ofSilvergate, Silicon Valley and Signaturesuddenly became toast. The US government found itself playing backstop to prevent an escalation as whipsawed investors hoped the worst was over.But
This ETF Is Betting Against Jim Cramer’s Picks
Jim Cramerthe host of Mad Money on CNBCmakes a lot of investing calls. Its part of his shtick. Andas you can easily divine from social media, not all of them pan out. The new Inverse Cramer Tracker ETF (SJIM), which might be one of the most entertaini
Exchanging Exchanges at Exchange
The Exchange ETF Conference was recently held in Miami Beach with more than 1,000 people in attendance. While the gatheringwas as popular as ever and networkingin full bloom, the vibe was a little more subduedlikely a reflection the recent bear market.
Are ETFs Killing Future Stock Market Returns?
The rise of index funds, exchange-traded funds and passive investing in recent years has been nothing short of momentous, as investors across the US and around the world learnto rely on slow-and-steady returns. But theres been rising concernover the po
The ETF Story 6: The Revolution
SPY wasnt just a hit product, it was an inspiration for an entire industry to take off. But it didnt happen overnight. It took about 10 years for the ETF structure to be utilized for other asset classes and strategies, which today seem normal but at the
The ETF Story 5: The Sleeper
SPDR S&P 500, or SPY, is the worlds largest ETF today with about $240 billion in assets, but it wasnt much to look at when it debuted in 1993. Some days it was on volume life support, trading as little as 18,000 shares; there was even talk of pull
The ETF Story 4: The Competition
Just as Steve Jobs and Steve Wozniak werent the only two geeks in a garage working on a computer in the 1970s, the AMEX wasnt the only exchange looking to get a market basket instrument listed. The late 1980s saw multiple attempts to create something li
The ETF Story 3: The Approval
When the SPDR S&P 500 Trust (SPY) was submitted to the SEC in 1988, George Michaels "Faith" was the No. 1 song and Magic Johnson led the Lakers to another NBA Championship. By the time SPY finally launched in 1993, Nirvana had ushered in the grunge e
The ETF Story 2: The Report
Government reports are known more for curing insomnia than providing inspiration for revolutionary products. The October 1987 Market Break Report might be an exception. A paragraph deep in the SEC's 800-page white paper happened to outline a “product” for