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Utility stocks tanked hard starting in mid-November on worries about rising interest rates, which can be bad for supposed “bond proxies” like utes. The broad Utilities Select Sector SPDR Fund (
The market has experienced a meaningful rotation in recent months thanks to a combination of accelerating economic growth, corporate tax cuts and rising interest rates. The Standard & Poor’s 500-stock...
The exchange-traded fund industry sure isn’t running out of ideas. More than 270 new ETFs were launched in 2017, bringing the number of U.S. listings to more than 2,100.
Don’t expect the...
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