Moving to T+1 settlement is likely to make the cost of operating and owning ETFs rise.
ETF investors born from about 1981 to 1996 have 45% of their portfolios in fixed income, according to a study by Schwab.
The economist also said that he hopes the Fed keeps its benchmark interest rate unchanged the rest of the year.
He hopes the Fed keeps rates unchanged in its next two meetings.
Defiance ETFs is launching a fund today that sells Nasdaq 100 ultra short-dated options as part of its strategy.
The co-founder of GMO says the most pressing issue is climate change.
The way to make money in the next couple of decades is going to be in equities, he said.
What started as a rally mostly driven by a handful of technology megacaps has morphed into a cross-sector surge.
U.S. companies added the most jobs in over a year in June, shocking investment markets.
ESG-like ETFs are now masquerading as "thematic" ETFs, according to some ETF analysts.