Markets & the Economy: Markets Quiet Rally
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So far the needed cooling off of the AI hardware theme is being absorbed by fitful churn rather than an urgent rush out of stocks. But now is this market too out of balance?
Baird in the News: Rich Lee, Baird’s Head of Program Trading and Execution Strategy was recently featured in Pensions & Investments…and joined ETF Prime Podcast both discusses Fast tracked IPOs, Prediction markets, etc…
X: https://x.com/rwbaird/status/2058294400753566129
https://etfprime.com/fast-tracked-ipos-prediction-markets-preferred-securities/
Add it to the ETF Line Up
New Launches: (week ending 5/29/26) a few highlights…
- OSSL~ Defiance Daily Target 2x Long OSS ETF
- FITZ~ Fitz-Gerald Must Have Portfolio ETF
- ADDS~ Hedgeye Index Adds ETF
- VBNB~ VanEck BNB ETF; 1st spot fund designed to provide spot exposure to the price movements of BNB, the native asset of one of the world’s largest blockchain ecosystems
New Filings:
Roundhill with a filing for a Neocloud ETF~ NCLD; focuses on GPU- as- a- Service to power AI and Machine learning workloads
Defiance filing for a China Robotics ETF
ETF Check Up:
NASA a mini DRAM situation? Instant blockbuster… It came into a 5yr old category and passed everyone in AUM in just 2 months
Tech sector ETFs have taken in $23B while every other sector has basically gotten nothing since February…
There have been 141 ETFs launched in May in a mere 20 business days that’s 7/day…Here’s the Top 20 by assets of the new batch
