The "Right Stuff" for Global ETF Investors?
Few people feel nostalgia for the pop band, New Kids On The Block. However their seminal 1990 track, "Step By Step," does have a certain catchy appeal. The repeated refrain, "step by step," seemed to sumun up the growing optimism in the late 1980s. Fast-forward twenty years and these lighter pop melodies have now been replaced with more creative and cynical sounds. That said, this doesn't mean we can't look to the New Kids for insight into ETFs.
Actually, the exchange-traded fund industry has loosely tracked a similar path ...
Stepping Toward Macro Volatility