Join ProShares Global Investment Strategist Simeon Hyman and his team for a look at why so many covered call ETFs fall behind when stocks rise, and how newer approaches aim to strike a better balance between income and long-term equity potential.
Across April and May, the bond giant’s positions in 5- to 10-year Treasuries and mortgages were getting hammered. First, after President Donald Trump’s punitive “Liberation Day” tariffs, and then amid the burst of “Sell America” calls that followed.
The passage of new US stablecoin legislation has intensified Wall Street debate over the tokens' potential to significantly boost the dollar and become a multi-trillion-dollar source of demand for short-dated Treasuries.
While volatility around holidays makes the single week's number choppy, this trend supports the view that actual job losses remain limited, allaying concerns about a rapid deterioration of the labor market. The overall low-fire, low-hire market, however, has made it difficult for out-of-work Americans to find new employment.
Vanguard, a major global asset manager, is planning to significantly expand its US offshore wealth services, primarily by tripling its team in Miami and growing in other US cities like Houston and California. This strategic move aims to cater to wealthy Latin Americans who increasingly seek to move their assets abroad, often preferring the US for its stability.
Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc.
The traditional 60/40 portfolio (60% equities, 40% bonds) has long been a standard for investors. Its limitations, especially during "lost decades," suggest the need for a fresh perspective.
As investors enter the distribution phase of their financial lives, the priorities of portfolio construction shift dramatically. Liquidity becomes essential, diversification grows more important, and the ability to meet income needs – sometimes by tapping into principal – must be balanced against risk and market volatility.
Thanks to AI-generated power demand, the utilities sector is losing its traditional defensive role. Is this a permanent move, or will utilities ultimately regain their place?
The ETF pulse report features key investment themes we’re seeing across equities and fixed income, how to play them through ETFs, and ETF industry trends.
November’s markets were choppy but ultimately flat as investors weighed AI valuations, falling Treasury yields, and expected Fed rate cuts. This commentary breaks down what truly drove the month’s volatility and what the latest labor and policy signals mean heading into 2026.
A fundamental lack of available metal, driven by years of demand outpacing supply, is fueling a major rally in silver prices, which have climbed over 99% this year.
The year 2025 has been a "baffling" year for markets, with surprising outcomes like gold and silver surging while stocks rose despite global conflicts, proving that "macro is hard."
Equity markets reached new record highs over the past month, reigniting debate over whether we’re in bubble territory. Heightened U.S. equity valuations and concentrated market leadership fuel this concern — but context matters. Markets rarely move in straight lines, and short-term pullbacks, while uncomfortable, are a normal part of the cycle.
The widespread issue of "Boomerang Parenting" is posing a serious financial threat to Gen X's retirement plans, as they spend an average of $1,384 a month supporting their adult children. Caught between this generosity and their own lagging retirement savings (median balance of only $40k–$50k), Gen X is running out of time to course-correct.
The UK and Japan are responding to investor demand to boost short-term borrowing, a shift in strategy that offers governments lower interest payments but exposes them to potentially costly rates swings at the time of debt rollovers.
The US SEC has issued warning letters effectively blocking the launch of several high-octane ETFs designed to deliver three and five times the daily returns of stocks and cryptos. The regulator is concerned that these leveraged funds—which sought to exceed the current 2x leverage limit—have risk exposures that may violate SEC limits relative to their assets.
I am always concerned when partners have disagreements and there is talk about “winning,” which infers those who do not get their way are losers. This is a set-up from the beginning that chips away at collaboration, because one person is trying to show the others that they are right.
In Charles MacKay’s 1841 book Extraordinary Popular Delusions and the Madness of Crowds, he highlights how mass human behavior can lead to irrationality: “They go mad in herds while they only recover their senses slowly, one by one.”
AI’s buildout is dominated by a handful of companies that are spending on a scale so large, it has macro impact. The challenge for investors is reconciling whether AI will generate revenues of the same order of magnitude as the huge capital spending plans.
A mid-month bout of volatility focused primarily on the AI tech giants gave way to a broader rally in November’s final days amidst renewed expectations the US Federal Reserve (Fed) will cut interest rates in the coming weeks.
High-quality stocks have underperformed sharply across markets in 2025. For instance, in U.S. small caps, companies with negative earnings have outperformed profitable ones by about 20% since Liberation Day, while the Russell 2000’s rally has favored high-volatility, unprofitable names.
Indexed ETFs can provide an easy, cost-effective alternative for fixed income exposure that draws from myriad sources. However, investors could be missing out on the advantages associated with active management. Given the current macro environment, it’s almost a necessity.
Municipal housing bonds are presented as a critical dual solution to America's deepening affordable housing crisis, especially as federal support diminishes. These tax-exempt bonds significantly lower financing costs for developers, making affordable units viable while offering investors compelling tax-exempt income and social impact.
November ended with modest index gains masking a deeper rotation beneath the surface, as markets wrestled with December Fed cut odds, AI fatigue, and how to position portfolios into year end.
As we put the finishing touches on Outlook 2026, here are several other key factors that will drive markets in 2026 that investors will want to keep in mind.
While US investors focus on growth, international markets may remain the best places to find value opportunities in 2026, says Franklin Mutual Series.
The reopening of the US government and the release of delayed economic data did little to calm markets. The long-awaited September jobs report finally arrived last week, showing job gains of 119,000, surpassing expectations but accompanied by downward revisions to previous months and a rise in the unemployment rate.
Clark Allen, Head of Product at Horizon, discusses the firm’s ETF entrance earlier this year and how its model portfolio business shapes product development. Mike Hagopian, Institutional Portfolio Manager at Fidelity, highlights the firm’s actively managed Enhanced ETF lineup, which aims to deliver outperformance and offer a thoughtful alternative to traditional passive investing.
Let me introduce you to an approach I call the "Book of Life" methodology, a research-based strategy that transforms how new advisors build both their knowledge and their networks.
Financial wellbeing is not simply about income or net worth. Nor is it about happiness. It’s about a person’s ability to function financially with security, agency, and sustainability. Emotional enjoyment doesn’t override that, and wealth doesn’t guarantee it.
Boeing Co. expects to generate cash on an annual basis in 2026, marking a significant turnaround in the planemaker’s finances as it prepares to boost monthly production rates and pushes ahead with certification for the much-delayed 777X jetliner.
The decision to attend college was a no-brainer during the second half of the 20th century. It almost assured higher earnings and job security. Tuition wasn’t even very expensive. None of this is true now.
If there’s one thing Democrats and Republicans have agreed on in recent years, it’s to ignore the rapidly deteriorating finances of Social Security and keep its unsustainable benefits intact. The longer they dither, the worse the problem will get.
State Street Investment Management (SSIM) has been the investment advisor for the Select Sector SPDR ETFs since 1998. It will now take over the distribution and marketing for these funds. The move brings 11 ETFs in-house under the SSIM umbrella to unify its product offerings and enhance the investor experience.
US Federal Reserve officials would rather “stick to their knitting” than confront the complex forces that are reshaping the economy. Unless the next Fed chair shakes the institution out of its complacency, continued policy-induced volatility and intensifying political attacks are all but guaranteed.
No matter how long you delay taking Social Security, it likely won’t cover all your living expenses. But that doesn't mean you should take it early.
History shows that the starting points of technological revolutions are not invariably followed by large stock market selloffs. The historical precedent we draw from Carlota Perez's 2002 book, "Technological Revolutions and Financial Capital," coupled with the macrohistory.net data, provides some guidance.
The Benetton family’s holding company Edizione is setting up an alternative investment firm with about €3 billion ($3.5 billion) in assets under management as it seeks to grow its private markets.
Goldman Sachs Group Inc. will pay $2 billion to buy Innovator Capital Management, a deal that combines the bank with an issuer of a relatively new type of exchange-traded fund that has caught the attention and ire of some on Wall Street.
In today’s markets, mentioning the “B-word” will get you thrown into the “permabear” camp, and everyone immediately assumes you mean the end of the world: death, disaster, and destruction. Yes, bear markets have terrible short-term impacts, but they also allow the system to reset for healthier growth in the future.
While outright defaults in the private credit sector remain low, analysts are increasingly concerned about the deteriorating outlook for repayment problems. When factoring in "selective defaults"—like borrowers adding interest to the loan (PIK loans) or extending maturities—the true default rate climbs to a significantly higher 4.6%.
U.S. stocks, as measured by the S&P 500 Index, are on pace for 14% growth in earnings for Q3 2025. This marks the fourth consecutive quarter of double-digit growth and comes in well ahead of analysts’ Sept. 30 estimates of 7%.
Following a rocky start to the year, the municipal bond market has shown strong performance in Q3 2025, outperforming broader bond indexes due to factors like easing oversupply and growing demand.
Nvidia's strong earnings initially squashed AI bubble fears but a deep dive into its financials, revealing high customer concentration, triggered a major tech sell-off.
As investors start to take sides in the AI race, Sam Altman’s buddies are getting burned.
The Federal Reserve's balance sheet has significantly shrunk from its peak of nearly $9 trillion in 2022, shifting the reserve environment from "abundant" to "ample." While some advocate for further reduction, arguing it would increase market volatility and allow for lower rates, this move would necessitate a major operational change in how the Fed conducts monetary policy and would not dramatically lower short-term rates.
Kostas Bintas, the high-profile head of metals at Mercuria Energy Group Ltd., has renewed his bullish prediction for copper prices as he warned that a rush to ship metal to the US risks draining the rest of the world’s inventories.
Despite the "America First" focus of the current administration, international markets, particularly emerging markets (EM), have outperformed domestic financial markets. This surprising trend is highlighted by the strong performance of EM debt and equities, driven primarily by U.S. dollar weakness and corresponding monetary easing by EM central banks.
This month, the global investment community is celebrating the 25th anniversary of the world’s first fixed income ETFs, the iShares Core Canadian Short Term Bond Index ETF (XSB) and the iShares Core Canadian Universe Bond Index ETF (XBB).
