Good Idea, Bad Investment?

The bet that many investors made last year that the U.S. financial sector was heading higher seemed to have a lot going for it. The shares of banks and insurers were trading at “cheap” levels relative to earnings and book values. The Federal Reserve was...

ETFs: Riskier than Advertised?

For anyone who has been paying attention, it’s no surprise to learn that the exchange-traded fund industry has seen phenomenal growth, in the U.S. and elsewhere. According to data provider ETFGI, U.S. and global ETFs outstanding have increased by 970% and 740%,...