Investing in Various Purpose ETFs Gains Popularity and Momentum
Investors piled a record $900 billion into ETFs this year — nearly double what they invested in all of 2020. Why is this happening?
Investors piled a record $900 billion into ETFs this year — nearly double what they invested in all of 2020. Why is this happening?
Massive flows into ETFs reveal where investors think the most money is to be made. They're looking for low-cost ways to stay in the broad market as it continues its multiyear march higher. But they're also looking to play it safe a bit, too, by scooping up some of the assets that haven't rallied as much.
The record-setting year of the ETF keeps getting stronger. U.S.-listed ETFs gathered $900 billion of new money with two weeks of trading left in the year, continuing to obliterate the prior record of $504 billion set in 2020.
Fed Minutes Scared Investors
Minutes from the Fed's December meeting released on Wednesday, January 5, showed that officials had discussed tapering the U.S. central bank’s asset holdings amid surging omicron infections setting new daily records as well as raising interest rates sooner than expected to fight inflation.
Turkey’s Lira Finished Worst Year in Two Decades under Erdogan
Turkey’s lira – by far the worst performer in emerging markets in 2021, as well as in the last few years – shed 44% of its value against the dollar over the year and 19% in the last week alone.
U.S. holiday retail sales rise 8.5% as online shopping booms – Mastercard
U.S. retail sales rose 8.5% during this year's holiday shopping season from Nov. 1 to Dec. 24, powered by soaring e-commerce sales, a report by Mastercard Inc said on Sunday.
