Many thought the SEC was a long way from approving any cryptocurrency ETFs, but there are signs the regulator has put the issue back on the table and a fund might be closer to reality than previously thought, says Christian Magoon, Amplify ETFs CEO.
Redemptions from Brazil Equity Funds hit a 36-week high despite more optimistic projections for economic growth, the central bank’s easing bias and rising commodity prices.
Fears that the current crop of earnings may be as good as it gets and that higher bond yields will sap demand for equities, all weighed on investor sentiment.
With the mid-terms coming, it may be prudent to prune your client’s exposure to historically volatile stocks, and these ETFs make it easy. Here’s what CFRA suggests.