ETF Wrap: Have a heart, and Bezos in an ETF MarketWatch 2/5/2021
What just happened?
Welcome to the first ETF Wrap in months that doesn’t have existential dread as its guiding principle.
There was plenty of news, of course Jeff Bezos stepped down to spend more time with his money, New Yorkers got hit with snow and demanded everyone else hear about every single flake, and Italy is going to do “whatever it takes” by summoning “Super Mario” to lead it out of political and economic crisis.
But that was all refreshingly normal 2019ish, you might say.
That allows us a little space to reflect back on the market moves of the week. Redditors were in charge, once again, with silver funds among the biggest gainers and GameStop plays among the biggest losers. But there were some intriguing inflows into international funds as well (see below.)
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OTTAWA While medical experts and Health Canada agree that rapid testing plays an important role in the fight against COVID-19, self-administered rapid tests have yet to see approval and clinical rapid testing is lagging behind. To date, Health Canada has approved several rapid testing methods which are typically used detect COVID-19 antigens but only for use by a healthcare professional for point-of-care testing. To date, not a single self-administered rapid test has been approved. âHealth Canada has authorized the sale and importation of COVID-19 tests only for use by health care professionals or trained operators,â Health Canada wrote on its website. âHowever, we are open to reviewing all testing solutions. This includes approaches that use self-testing kits, to enable individuals with or without symptoms to assess and monitor their own infection status.â