ETFs
Weekly Stock Market Review: Index ETFs at Risk from Broader Rally
The long-awaited broadening of the great stock market rally would be welcome news for many active managers and macro bulls. But for investors who have spent billions of dollars on index-tracking instruments year after year, it could be painful along the way.
Take Thursday. After a fresh wave of bets on an interest rate cut by Federal Reserve Chairman Jerome Powell, the stock market was buffeted by a rotation out of stocks into risk.