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Why Some ETFs Led the Markets Down Last Week
Of all the scary things that happened last Monday when the Dow Jones Industrial Average fell more than 1,000 points, nothing was scarier than what happened with exchange-traded funds (ETFs).
They crashed and exacerbated the market sell-off. They're not all a bad risk, and there are some we like to recommend that are quite safe - even essential - during a market reversal.
Investors need to understand exactly what it is they're holding. But this opens a can of worms Wall Street would rather leave shut tight, because there's a danger to investors from some of these.
Of all the scary things that happened last Monday when the Dow Jones Industrial Average fell more than 1,000 points, nothing was scarier than what happened with exchange-traded funds (ETFs).
They crashed and exacerbated the market sell-off. They're not all a bad risk, and there are some we like to recommend that are quite safe - even essential - during a market reversal.
Investors need to understand exactly what it is they're holding. But this opens a can of worms Wall Street would rather leave shut tight, because there's a danger to investors from some of these.