THE WisdomTree BLOG
The stock market peaked in September, but the exodus out of ETFs and into mutual funds that some active managers are hoping for may not materialize. Jeff Weniger talks about the effects of market volatility on different investment vehicles.
Until recently, the FAANG stocks have been unstoppable, like the antagonist in the classic 1984 movie The Karate Kid. Is it time for Daniel-san to crane kick the FAANG stocks?
There was little surprise in the Bank of Canada’s October 24 decision to raise its overnight interest rate a quarter point to 1.75%. Interestingly, though, the stop-start hiking program by BoC governor Stephen Poloz reinforces what we have been saying for some time: even with this tepid pace of interest rate increases, Canada is still Number Two on the “hawkishness” rankings of developed central banks.
Barring a comeuppance in the capital markets, 2018 looks ready to continue setting ETF industry records. WisdomTree has been fortunate to have participated in this growth, with assets under management 169% higher in September from the same time last yearTweets:
With NAFTA seemingly resolved, it is time for the market to move off the tired “global trade war” theme. We suggest “global trade peace,” because there looks to be more evidence of that than the former.