الخميس, 13 تموز/يوليو 2023 06:15

ETF industry rockin

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Um, you might want to duck for cover.   Why? Well, because of the explosive growth experienced by the ETF industry, according to zacks.com.

 Against the backdrop of a burgeoning stock market, it’s gathering mucho assets. The fact that investors sunk about $200.6 billion in new assets into U.S.-listed ETFs in the first half of the year, didn’t exactly hurt.  

Pacing the field was U.S. fixed income ETFs with inflows of $86.7 billion, according to etf.com. Nipping at its heels was $52.9 billion in U.S. equity ETFs and $48.5 billion in international equity ETFs.

Meantime, almost assuredly considerably more on the money than many weather prognosticators, the macro outlook for core fixed income is thumbs up, according to sageadvisory.com. Over approaching quarters, attractive yield carry is tag teaming with peaking rates skews returns to the upside. Fed timing aside, market and dot plots each have rates much lower over the oncoming year or two. What’s more, yield carry looks as good as it has in 15 years.

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