Markets & the Economy: Re-Assessing the Rebound
This content does not reflect any recommendations of Baird.
For the record, weight of the evidence now suggests the Fed should focus more on growth risks, less on surface inflation effects from tariffs, opening a path to ease…Is there more room for markets to run or are the gains fully baked in?
Add it to the ETF Line Up
New Launches: (week ending 5/8) a few highlights…
- QUSA~ VistaShares Target 15 USA Quality Income ETF
- HOOY~ YieldMax HOOD Option Income Strategy ETF
New Filings: Defiance, BattleShares
3 VIX ETFs filed; 1 each to hedge against volatility spikes, gain during low vol periods, gain during high vol periods
- Defiance Enhanced Long Vol ETF
- Defiance Enhanced Short Vol ETF
- Defiance Vol Carry Hedged ETF
BattleShares filed 4 ETFs pitting Bitcoin against Ether and Gold long/shorting one against the other…
ETF Check Up: Flow down, Gold vs Bitcoin
ETF Buzz…
US Exceptionalism is alive & well, at least in the ETF flows…
- Since Liberation Day, US investors have strongly preferred US focused ETFs while Europe & China focused have seen outflows; Broad Intl doing well though
BlackRock’s IBIT tops GLD in 2025 inflows
- IBIT has pulled in $6.9B YTD, surpassing GLD’s $6.5B despite gold's surge
- IBIT now ranks 6th in US ETF inflows