Marc Faber, S&P’s Stovall See Stocks Taking Dive After Fed Surprise
"Total collapse, but from a higher diving board," or "springboard" to a stock rebound? It depends on who you ask.
Top Portfolio Products: WisdomTree Launches Small-Cap Dividend Growth Fund
BondDesk, S&P Capital IQ team on odd-lot fixed income pricing service; Direxion announces splits on nine ETFs.
Taper Tantrum: Markets Recoil, Advisors Scramble on Fed News
Whether it’s stocks, bonds, emerging markets or ETFs, investors want financial advisors to tell them how to protect their portfolios.
Top Portfolio Products: ProShares Offers Hedged High-Yield Bond ETF
Smarsh and NASDAQ OMX announce partnership; S&P Capital IQ adds to its ETF research lineup.
Concidence? Big ETF News Accompanies Big ETF Conference
The week has brought launches of ETPs on the Singapore dollar, BDCs and infrastructure, along with Schwab’s commission-free platform.
ETF Assets Reach Record $191 Billion
ETF flows reached $191 billion in 2012, Morningstar’s Michael Rawson reported.
Wall St. Ignores Noise, Sees Bullish 2013 for Stocks
Wall Street believes that the world’s central banks will do their best in 2013 to force reluctant investors to move their money out of bonds and into stocks.
Vanguard Switching Indexes
To cut costs for investors, Vanguard plans to transition 22 funds, many of which have an ETF share class, to new indexes starting in 2013, the fund giant said in early October.
Finance Sector’s Q3 Growth Seen Leaving Others in Dust
Early reports for the finance sector’s third-quarter 2012 performance indicate that it is on track to best all other sectors, at overall profits of 11.8%, in what looks to be an otherwise lackluster earnings season.
Vanguard to Switch Indexes on 22 Funds
The new benchmarks, to take effect in 2013, will impact more than $530 billion in client assets.