Japanese Official: No Plan To Buy ETFs

The Japanese foreign minister said on Tuesday that government leaders have no plans to prop-up their ailing economy by using purchases of exchange-traded funds as a stimulus.

You can read the evolving story, as reported by Reuters, here. 

 

ETFs, Index Mutual Funds Advance

In this recap of 2008 by Sam Mamudi of MarketWatch.com,  the money flow into exchange-traded funds and index mutual funds last year is contrasted with heavy redemptions in actively managed mutual funds. 

You can read the story, which also appears in the sister Wall Street Journal, here.  

 

Catching A Falling Knife

The Wall Street Journal takes a look at value investing and talks to market strategists about the plusses and minuses of such a tack. 

You can read the story here.

 

A Broad Approach To ETFs

Here's a general primer for novice investors on the advantages of exchange-traded funds by MarketWatch's

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I’m writing this from a hotel room in Santa Monica in California. I’m on holiday here with my lovely wife Lynn and our two equally gorgeous daughters, Eilish and Maddie, and am about to embark on an RV trip across America to Orlando in Florida.

Lynn will attend a conference on digital scrapbooking at Disneyland in Orlando in a fortnight if we make it. I’ll tell her story about how she came to be a digital design exporter (earning a lot more than me…) in this blog at a later date.  Suffice to say, this trip will more than pay for itself in US dollar earnings.

I’ll try to blog about the trip and what I learn from an economic and business point of view as often as I can. It should turn out a lot easier to do than in New Zealand. Free cable broadband or WiFi access

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NYSE Gets Approval To Charge More Fees

The Wall Street Journal is reporting that regulators have approved the NYSE Arca's long-standing request to charge more for "noncore" data. 

As explained by reporter Judith Burns, such noncore data include "information such as orders to buy and sell shares at different prices." Core data is defined as information that show "recent trading activity and the best-available current prices," according to the article. 

You can read the story here. 

 

Investors Walk From Mutual Funds Into ETFs

The latest report by TrimTabs Investment Research shows that more than $12 billion flowed out of stock mutual funds in the week ended Dec. 3, according to CNNMoney.com. That reversed the previous week's $10.4 billion inflow into stock mutual funds.

Note at the very bottom of the story that stock ETFs had an inflow of $920 million

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U.S. stocks yesterday (Monday) staged their biggest rally since the Great Depression – with the Dow Jones Industrial Average soaring an all-time record 936 points – on a Federal Reserve-led push to flood the ailing global financial system with dollars and on a U.S. government plan to buy stakes in banks.

U.S. stocks yesterday (Monday) staged their biggest rally since the Great Depression – with the Dow Jones Industrial Average soaring an all-time record 936 points – on a Federal Reserve-led push to flood the ailing global financial system with dollars and on a U.S. government plan to buy stakes in banks. The rally was sparked by commitments from the major financial nations to cooperate in getting the credit markets functioning again, and by news that U.S. officials were putting the finishing touches on Washington’s version of a rescue plan under which the U.S. Treasury Department will invest an estimated $125 billion in nine major U.S. banks, and another $125 billion in smaller financial institutions, Bloomberg News reported early this morning (Tuesday). The White House announced that U.S. President George W. Bush would meet at 7:30 a.m. EDT today with members ...

Back in the summer of 2005, I was really excited about the potential of a new wireless technology called WiMax and the prospects of graphics card maker ATI Technologies, which was about to launch its next generation of products to compete against rival Nvidia (NVDA).