Much has been written in this publication’s pages about “ETF-mania” and the rise of passive investing. In fact, devoted readers need not look farther than last week’s Pull It Together (Part II) EVA to read a quick synopsis of Evergreen’s belief that the passive fad is sure to end poorly.
The US has been a terrific place to invest since 2009. In fact, looking at one of the charts we presented in last week’s Infographic EVA, the S&P 500 has outperformed MSCI Asia Pacific by 101%, MSCI Europe by 107%, and MSCI Emerging Markets by 132% during that timeframe.
Much has been written in this publication’s pages about a forthcoming correction to the aging bull market. Last month, we wrote briefly about the first visible signs of chink in the armor when, on May 17th, the Dow Jones and S&P retracted -1.8% over reports that President Trump tampered with a federal investigation.
The theme of this week’s EVA revolves around the topic of peak oil demand. Much has been written and debated about this recently – especially considering energy’s dismal start to 2017 and Trump’s recent decision to withdraw from the Paris Agreement.
To Invest, or Not to Invest, that is the Question. The Wall Street Journal recently ran an article debating whether the Social Security trust fund should be allowed to invest in stocks. The piece juxtaposes two opposing views; one side arguing ‘Yes’ and the other ‘No’.