etfguru

Riding ETF Popularity: Buy ETF and ETN Providers

Dumb. They need to double assets under management to break even. While the ETF industry is growing WSDT has net redemptions. If the stock market doubles in the next year they will break even, maybe.

News Flash: Major Market Turns Aren't Announced In Advance

God,
The G19 are the 19 big banks who can borrow from the Fed.

News Flash: Major Market Turns Aren't Announced In Advance

I'm bullish on XLF. The Group of 19 now have unlimited resources, they will buy and buy until exuberance returns. They will do the Fed's work of monetizing smaller failed banks through aquisitions. In their hands, all assets go back to face value. Equity holders of a failed bank will loose close to everything, but XLF will go back to 40.