The Contrary Investing Report
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The Casino That is Wall Street Hits a New Milestone – ETF Assets Top $1 Trillion (!) Mark

by Brett on January 1, 2011

Las Vegas may still be hurting, but the Wall Street Casino is as lively as ever.

US ETF and ETP assets have just topped the $1 trillion mark – impressive because c’mon, let’s face it – ETFs are a pure speculative vehicle, nothing more and nothing less.

And because ETFs are created due to investor demand, the “hot” ETF areas can be interesting contrary signals:

The success of US ETFs and ETPs has been largely due to interest in North American and emerging market equities, with diminishing focus on fixed income and commodities. (Source: IFA Online)

Perhaps it’s time to take a short position in North American and emerging markets?

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