Newsclips
Vanguard Fires The Latest Shot In The ETF Fee War
July 3, 2018
ETF fees continue lower as competition for investors' money heats up.
ETF fees continue lower as competition for investors' money heats up.
The value of a few technology companies is increasing at the expense of legacy businesses.
Today's topics include the fed funds rate, Italian debt, the yuan and crude oil production.
The Fed will increase the monthly total of proceeds withheld from reinvestment to $24 billion this month. August will mark the end of reliable monthly reinvestment as purchases become a quarterly event.
Sentiment remains ultra-rosy in the U.S., but slowing economic growth in the Eurozone, rising trade policy uncertainty, and deteriorating Google search trends suggest a moderation is coming.
A look at stock and bond total returns through June 2018
Today's topics include a big drop in GDPNow, Powell following the data, the BoE's mixed messages, world currency reserves, stock buybacks and IPOs.
Less than 50% of the world's economies are producing above-average economic data changes, raising the prospect of risk-off conditions. Long-end U.S. Treasuries remain favorable, while emerging markets and commodities continue to stumble.
Supply disruptions and escalating rhetoric about sanctions on Iran have sent crude oil prices soaring, but the reaction among other financial markets has defied expectations.
With less than a month to go until the advanced release of Q2 2018 GDP, the Federal Reserve Banks of Atlanta and New York are projecting vastly different growth rates for the U.S. economy.