|Day's Range||45.32 - 45.85|
|52 Week Range||9.75 - 47.69|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.48%|
The recent underperformance of real estate investment trusts (REITs) and utilities relative to the S&P 500 is a warning sign for bonds, write Strategas Research Partners' technical analysts Chris Verrone and Todd Sohn on Wednesday. While charts of the performance of both sectors show roughly flat returns this year, when they are plotted relative to the S&P 500, they are at new multi-year lows.
Mortgage real estate investment trust exchange-traded funds were Tuesday's biggest flops. The iShares Mortgage Real Estate Capped ETF (REM) and the VanEck Vectors Mortgage REIT Income ETF (MORT) declined ...
Jeffrey Gundlach, Chief Executive Officer and Chief Investment Officer of DoubleLine Capital, recommends investors sell the U.S. stock market and buy emerging markets. Gundlach is speaking about Max Beckmann, Friedrich Nietzsche, and I think active vs. passive investing. Towards the end of his talk, he finally got to his recommendation: Go long iShares MSCI Emerging Markets ETF (EEM), short the SPDR S&P 500 ETF (SPY), and lever it up one time.