After a record-setting October gave investors hope that 2011 would finish on a strong note, the first couple weeks of November have effectively taken any wind out of those sails. The culprit–surprise, surprise–has been the cash-strapped PIIGS economies of Europe, with Italy now grabbing the spotlight as a serious credit risk and a grave threat not only to Europe but to global financial markets.
And just like that, it appears as if we are heading to dismal end to a generally dismal year for many investors. The asset classes that had powered big recoveries in 2009 and 2010, such as commodities and emerging markets, have largely fallen flat this year. Most major benchmarks are in the red year-to-date, and it’s probably a safe bet that many investors have lost money this year. [click to continue…]
Adam Patti is the Chief Executive Officer and Founder of IndexIQ, a New York-based ETF issuer behind several of the most innovative ETF products to hit the market in recent years including several hedge fund replication ETFs. A few weeks ago, we spoke with Adam Patti to get his thoughts on the current real estate market, [...]
With a weak consumer economy and a lack of job creation, concerns are once again beginning to return to the housing industry. For the 10 City Case-Shiller index, prices are down year-over-year in non seasonally adjusted terms for the most recent reading, leading to a dreaded double dip for many markets around the country. However, [...]
Tuesday was yet another roller coaster ride for markets as equities rose modestly to start the day, fell immediately following the FOMC statement, only to surge higher to close out the volatile session with multi-percentage point gains. The Dow finished the day higher by 430 points, a nearly 4% gain, while the S&P 500 and [...]
IndexIQ, the issuer perhaps best known for its hedge fund replication ETFs, rolled out the latest addition to its growing suite of small cap lineup today: the IQ U.S. Real Estate Small Cap ETF (ROOF). The new product will be the first to offer exposure exclusively to small cap U.S. REITs, seeking to replicate the [...]
U.S. equity markets kicked off the week on a mixed note as a few companies gave their earnings reports and other traders focused in on the dynamic commodity market for guidance. The Dow and the S&P 500 both finished the day down by 0.2% while the tech-heavy Nasdaq managed to gain on the session, posting [...]
U.S. equity markets rose broadly in Friday trading as strong economic data helped to boost equities across the board. The Dow rose by 57 points in the session while the S&P 500 and the Nasdaq rose more modestly gaining 0.4% and 0.2%, respectively. These gains came largely thanks to dovish Fed comments that suggested that [...]
To say that the current investment landscape is complex would be quite the understatement. Recent weeks have seen environmental, humanitarian, and economic crises break out in Japan, with the aftershocks rippling throughout the global economy. Moving across the globe, the Libyan Crisis has dominated headlines for quite some time now, as a series of revolutions [...]
Another rough start to trading on Thursday gave way to solid gains in the afternoon session as some key earnings reports helped to boost investor sentiment. The Dow managed to finish the day ahead by just four points while the S&P 500 posted gains of 0.2% and the Nasdaq led the way on the upside [...]
Charles Schwab announced the latest addition to its ETF lineup today, launching the Schwab U.S. REIT ETF (SCHH) and Schwab U.S. Mid-Cap ETF (SCHM). The real estate fund will seek to replicate the performance of the Dow Jones U.S. Select REIT Index, the same index to which the SPDR Dow Jones REIT ETF (RWR) is [...]
The first 29 days of November were relatively quiet from a product development perspective, with only a handful of new exchange-traded products hitting the market. But that all changed on the final day of the month, when iPath debuted a new breed of leveraged ETNs and newcomer VelocityShares rolled out six products linked to VIX-related [...]
