The idea of commodity indexing has been mostly discredited, but it's interesting that only commodity indexing was discredited, not all indexing. And so people began to invest in commodity index swaps, swap agreements that gave exposure to a broad basket of commodity prices. Equities have been considered an asset class for decades, and index funds have been around for a lot longer than commodity index swaps. The stock market has entered Bizarro World, and nobody really knows why, but they suspect that this is all somehow related to indexing, which, as a strategy, has attracted trillions of dollars in assets under management. As you can imagine, there was as much hate and discontent about commodity index swaps back then as there is about exchange-traded funds today.
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It Hasn'tPresident Donald Trump has voiced pride over the stock market gains in the United States, but his math for those gains is quite a bit off. So when I say that the stock market is at an all-time high, we've picked up in market value almost $4 trillion since November 8th, which was the election. His speech suggests the market value for the S&P 500 is now about $22.4 trillion, up roughly 22% since the elections. President Trump Claimed the Stock Market Has Added $4 Trillion in Value Since His Election. For example, the S&P Developed Markets BMI looks at developed markets, including those in the U.K., France, and Germany—which were actually effected to an extent by Trump's election.
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collected by :Jack Luxor
as declared in
It Hasn'tPresident Donald Trump has voiced pride over the stock market gains in the United States, but his math for those gains is quite a bit off. So when I say that the stock market is at an all-time high, we've picked up in market value almost $4 trillion since November 8th, which was the election. His speech suggests the market value for the S&P 500 is now about $22.4 trillion, up roughly 22% since the elections. President Trump Claimed the Stock Market Has Added $4 Trillion in Value Since His Election. For example, the S&P Developed Markets BMI looks at developed markets, including those in the U.K., France, and Germany—which were actually effected to an extent by Trump's election.
read more visit us Markets
collected by :Jack Luxor
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