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

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

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?

About Author

Brett

Hi, I’m Brett Owens – and I’m a financial junkie. My “problem” started incollege, when I got a little dose of the stock market – man, was I hooked…in no time, I was reading the Wall Street Journal religously.

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