Domestic Risk-Taking Is Back in Vogue
NEW YORK (ETF Expert) --The S&P 500 has not merely been resilient in its six consecutive weeks of gains, it has been unstoppable in its 8.3% unrealized run-up.
Granted, nearly everyone expects a period of mild selling activity (a.k.a. "a breather"). Indeed, history certainly suggests that unbridled enthusiasm usually gets a reality check or three. The most popular bugbears? Think in terms of the automatic spending cuts to defense, a free-falling yen and Spain's rocky road in 2013. In fact, iShares MSCI Spain is struggling at its 50-day support.
I've been asked many times whether I
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Domestic Risk-Taking Is Back in Vogue,
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