Weekly Highlights 15 Dec: Passive investing to push US ETF asset over $50 trillion by 2030?

#1 BOA predict ETF asset to surge to $50t by 2030 The current size of the US ETF assets stands at $4.3 trillion, of which more than $3 trillion are invested in index-tracking ETF, i.e. passive investing. If the market continues to grow at its current rate, the US ETF asset is expected to hit … Continue reading Weekly Highlights 15 Dec: Passive investing to push US ETF asset over $50 trillion by 2030?

Weekly Highlights 3 Nov: US Federal Reserve slashes rate again – 3rd time’s a charm?

#1 More 'fun' times ahead?  US Federal Reserve slashes the lending rate from the current range of 1.75% - 2% to, 1.50% - 1.75%. It is the third time this year that the Federal Reserve slashes the rate. Coupled with the strong October jobs data, the US markets break new highs. https://www.cnbc.com/2019/10/30/when-the-fed-cuts-rate-three-times-and-pauses-history-shows-it-works-out-great-for-stocks.html https://www.cnbc.com/2019/11/01/dow-futures-open-nonfarm-payrolls.html   #2 … Continue reading Weekly Highlights 3 Nov: US Federal Reserve slashes rate again – 3rd time’s a charm?

Weekly Highlights 27 Oct: US Government overspend! No surprise!

#1 The US government overspend once again!  To be honest, not really a big surprise. When you have a President that is hell-bent on making sure that the economy is on the upward trajectory to ensure that he gets re-elected, no expenses are spared I guess. Despite having a wider tax base and an economy … Continue reading Weekly Highlights 27 Oct: US Government overspend! No surprise!