
Asset Allocation
Passive ETFs Turn Out to Be Pretty Active
They’re often used or even constructed to be anything but index-hugging funds, a study says.
Designed to fly high during slumps, a bunch of them have disappointed, big time.
Record leverage, at 46.6% of GDP, leaves companies vulnerable, says economist Lonski.
PitchBook: Lower corporate tax rates and immediate write-offs will juice profits.