“This year, 88% of advisors indicated that they currently use or recommend ETFs with clients, compared with 70% for mutual funds. 45% of advisors said they plan to increase their usage of ETFs over the next year, compared with just 19% for mutual funds” https://wealthmanagement.com/mutual-funds/slow-demise-mutual-funds…
Bank of Canada Governor Stephen Poloz is no fan of Modern Monetary Theory: MMT “is offering us a free lunch, and most of us know there is no such thing…it has been tried many times in the past, and the record is not pretty.”
Lookout. Strongest negative correlation between gold & yields ever! Completely unsustainable. The Fed’s printing machine is officially on. Gold probably at early stages of a bull market & yields likely bottomed. It’s all fun and games until monetary policy comes at a cost
This again. China agreeing to make $50 billion in U.S. agricultural purchases in 2020. The RECORD value for annual U.S. ag product exports to China was in 2012 at just under $26 billion. Compare commodity prices then and now. For reference, 2017 was $19.5 billion.
