Markets & the Economy: Fog of War…
This content does not reflect on any recommendations of Baird.
Déjà vu is a trick of the mind, right?
Circumstances not exactly the same, but last year at the end of Q1 the SP500 was sliding from an early year peak as investors debated how much disruption was priced in (then tariffs, now Iran/oil). Off 4.27% then 4.37% now...
Add it to the ETF Line Up
New Launches: (week ending 4/3/26) a few highlights…
- NASA~ Tema Space Innovators ETF
- EHCC~ Global X Ethereum Covered Call ETF
New Filings:
New filing for T-Strive Digital Credit ETF which will hold the preferred securities of DATs; T-Strive is a new issuer too, joint production by Tuttle and Strive
Texas Stock Exchange gets commitment for its 1st primary ETF listing…
- PWRX~ Westwood Salient Enhanced Power and Infrastructure ETF; set to launch on TXSE in September
ETF Check Up:
ETF Buzz...

Seeing an uptick in ETF closures as issuers trim fat and get rid of spaghetti that didn’t stick…
- The avg age of a liquidated ETF this year is 1yr 9mo, about half of what it was last year and way less than the 4yrs 7mo in 2024~ does this point to a possible consolidation phase in the industry?

USO traded $158B worth of share in March...here’s what that looks like compared to every other month in its 20yr history

SPYM is now the #1 YTD in flows…it’s been ages since anything other than the Mighty VOO was in the top spot….
