Markets & the Economy: No Panic…Yet?
This content does not reflect any recommendations of Baird.
A geopolitical jolt cracks the calm of a ‘grind-and-rise’ market. Just a minor shakeout to refresh the rally?
Or a more erratic change in tone ahead of some key July tests on trade, the budget bill & the Fed into a less friendly seasonal backdrop?
Add it to the ETF Line Up
New Launches: (week ending 6/20) a few highlights…
- BLOX~ Nicholas Crypto Income ETF (BLOX brings Equity, Crypto & Options Exposure)
- GXIG~ Global X Investment Grade Corporate Bond ETF
- WTIP~ WisdomTree Inflation Plus Fund
- EMOP~ AB Emerging Markets Opportunities ETF
New Filings: Solana, Crypto, Global X
Coinshares jumps into the Solana spot ETF race~ believe we are up to 8 filings now in total across issuers
Trump’s Truth Social filed for a dual Bitcoin and Ether ETF
Global X filed for a US 500 ETF
ETF Check Up: Flow Show
ETF Buzz…
Despite the threat of war, ETFs took in $68b in the past 5 days….
- That’s $11b a day (about 3x avg)
- All of the Top 10 are Equity ETFs with the exception of IBIT
- At $523B, ETFs on pace to break last year’s record
