Gold Hits 6 Year High, ETF Investors Yawn

Stocks and bonds have received a big boost following last week’s Fed meeting—the S&P 500 hit a record high, while the Barclays Aggregate Index reached its loftiest level ever on Thursday—but they aren’t the only assets delighting in the Federal Reserve’s recent dovish shift. Gold also zoomed higher, juicing returns for gold-related ETFs. The $33 billion SPDR Gold Trust (GLD) is now up 8.8% year to date, with all of those gains coming just this month. Gold prices, which broke through $1,400/oz for the first time in six years last…

Could Looming Supply Cuts Be Driving Bitcoin?

Bitcoin succeeded in retaking the $10,000 barrier late last week, only to go on past $11,000 within 24 hours. The notorious cryptocurrency, known in some spaces as digital gold, crossed the $11,000 mark on Monday to hit a 15-month high amid the hype over social media giant Facebook and its latest cryptocurrency offering. Overall, Bitcoin is up 170 percent for the year to help erase memories of its precipitous crash last year after reaching $20,000 in late 2017. One analyst explained how the ‘halvening” or supply cuts, could be linked to…

Geopolitics & Fixed Income ETFs

​Joyce Choi is director of fixed income product strategy at BlackRock and a panelist at this week’s Inside ETFs Canada conference in Montreal. ETF.com caught up with Choi ahead of the conference to get her take on the latest developments in the fixed income markets. [Note: This interview took place on Monday, June 17.]     ETF.com:  Tell us a little bit about what you’ll be discussing on your panel.   Joyce Choi: Our panel is titled “Fixed Income: Why Uncertainty Is the Worst Thing for Investors.”To be honest, I’m not sure if…

Healthcare Stocks: Invest in Business, Not Science

By Vinay Thapar via Iris.xyz. Healthcare stocks served as powerful painkillers during last year’s market declines. Yet the sector offers much more than just downside protection for investors who focus on business potential and resist the urge to predict scientific breakthroughs. While the MSCI World Index fell by 8.7% last year, healthcare stocks advanced by […] The post Healthcare Stocks: Invest in Business, Not Science appeared first on ETF Trends. Source links

ETF Of The Week: Tale Of 2 Bond Funds

All month, investors were busy rejiggering their portfolios in advance of Wednesday’s meeting of the Federal Reserve. Market observers widely expected that, at the meeting, the Fed would leave its benchmark interest rate unchanged, while setting the scene for a possible rate cut in July (which is exactly what it did). As a result, the iShares 1-3 Year Treasury Bond ETF (SHY) saw a staggering $2.2 billion of net outflows, while the iShares Short Treasury Bond ETF (SHV) has brought in new assets of $4.0 billion over the same time…