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As the SPAC Market Matures, Consider This Active ETF

As the SPAC Market Matures, Consider This Active ETF
etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.

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BofA: the Delta Covid Variant Could Make American Shoppers Lock Down Again

BofA: the Delta Covid Variant Could Make American Shoppers Lock Down Again
businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.

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Wall Street Week Ahead: US small caps waver as reflation trade wobbles

Wall Street Week Ahead: US small caps waver as reflation trade wobbles SECTIONS Last Updated: Jul 17, 2021, 10:03 AM IST Share Synopsis The Russell 2000 index, which tracks smaller companies, has underperformed the S&P 500 in each of the last four months. Investors pulled nearly $108 million out the iShares Russell 2000 index exchange traded fund during the week that ended July 14, the third straight week of outflows that combined to total nearly $965 million and represent the ETF s longest losing streak since April. AP Overall, the Russell 2000 should post a 50% growth in earnings over the 2021 fiscal year, compared with a 44% earnings growth in the large-cap S&P 500, according to Jefferies.

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The Wealthy Were Fleeing for Low-Tax States Long Before the Pandemic

Cliff Hawkins/Getty Images Low-tax states, especially Florida, are getting wealthier as a result. BofA says tax migration is far from a settled area but evidence of it is adding up. Tax-induced migration was a key part of the narrative of 2020, but the story actually began long before that. Lower-tax states are continuing to get richer thanks to a steady influx of new residents from higher-tax states, per a recent Bank of America Research note, which looked at recently released IRS data for tax returns from 2019, reflecting 2018 earnings. The data showed that net gains in adjusted gross income (AGI) for lower-tax states were higher than those in higher-tax states: the latter saw $111 billion in AGI in 2018, while the former saw nearly $145 billion. The net AGI gain of lower-tax states also increased from 2017 to 2018 by $2 billion, to $34 billion, the team led by Ian Rogow wrote.

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Most Millennials Homeowners Regret Buying Their Home, Survey Finds

Millennials are having buyer's remorse for financial reasons, citing hidden homeownership costs and overpaying for a house as reason for their regret.

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