Moody’s Investors Service gave its token credit downgrade to a dozen global banks (IXG) including five of the six largest U.S. banks—and financial stocks responded by shooting higher. What’s going on?
One of the driving forces behind the exploding number of new exchange-traded products (ETPs) is the exploding number of new indexes. And since the bulk of the $1.1 trillion ETP marketplace is still linked to products with underlying indexes, advisors better know their indexes. Do you go with a traditional...