In this note, we explore the under-representation of certain sectors in the S&P 500 and why we believe it is important to diversify sector exposure given the disproportionate weights in the makeup of today’s S&P 500 index – leading us to our market of stocks vs. stock market comparison. We explain our investment philosophy and…
A highly regarded polling firm released new data today confirming what the stock market has been saying since the US presidential election: Americans are very optimistic on their economic futures. The poll, released by IBD/Tipp, who have the best track record predicting recent presidential elections, reported today that their Economic Optimism Index rose to 54.8%…
Last week the WisdomTree Australia Debt ETF (AUNZ) lost 88% of its assets in one day. Franklin/Templeton, the $21 billion manager of mutual and other investment funds decided to liquidate its entire position in AUNZ, leaving a paltry $19 million left in the ETF.