Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: The first ETF was launched in 1993. You would think by now we would have moved beyond the idea that this not-so-new structure is going to somehow implode the markets. Remember 2000-2001? What about 2008-2009? Neither had anything to do with ETFs. Both Cliff Asness and Josh Brown take issue with this argument: Regards, Ted https://abnormalreturns.com/2018/11/12/bear-markets-are-instrument-agnostic/
