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As interest in ETF investing has surged in recent years, issuers have rushed to expand their product lines into every corner of the investable universe. The first generation of ETF products consisted mostly of equity funds designed to track well-known benchmarks, and while the vast majority of ETF assets remains in these “plain vanilla” funds, innovation in the industry has brought countless asset classes and investment strategies within the reach of all levels of investors. After initially using ETFs alongside stocks and mutual funds, many investors have now embraced all-ETF portfolios, utilizing a range products to accomplish investment objectives. ETFdb Pro members can access our line of all-ETF model portfolios, including both long-term buy-and-hold allocations and shorter-term themed strategies (if you’re not an ETFdb Pro member yet, sign up for a free trial or read more here). [click to continue…]

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India reported surprisingly strong GDP growth for the third quarter, posting 7.9% growth in the July through September period. These numbers surprised both analysts and government officials: the growth was higher than even the most bullish analyst forecast, and the Reserve Bank of India said that it will likely revise upward future forecasts. According to HSBC estimates, GDP grew at an astounding 13.9% rate from the previous quarter, with the gains largely coming from advances in the agricultural sector, high consumer demand, and government stimulus measures. These trends suggest that the Indian economy is humming along and that the government will soon begin to unwind stimulus measures and raise interest rates. [click to continue…]

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