Hot Reads: Don’t Be Fooled by That January Rally

Plus, a cashlike fixed income ETF just pulled in $2.5 billion.

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Reviewed by: Heather Bell
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Edited by: Heather Bell

Don’t Fall for the January Rally (Institutional Investor) 
The recent stock market recovery has been driven by speculation rather than improving fundamentals, argues Richard Bernstein Advisors. 

 

Cash-Like ETF (SHV) Absorbs $2.5B in Biggest Haul Since 2020 (Bloomberg) 
Turbulent equity markets and lofty bond yields have cash back in high demand. 

 

REIT ETF Moving Opposite Its Long Term Fundamentals (SeekingAlpha) 
VNQ soared in January as Treasury yields dropped, and then fell while Treasury yields rose.  

 

High Beta & Small Value Maintain 2023 Lead for Equity Factors (The Capital Spectator) 
High dividend yield (VYM) and low volatility (USMV) have joined momentum as year-to-date losers in recent weeks. 

 

How the Different Factors Performed in 2022 (The Evidence Based Investor) 
One of the most salient features of 2022 factor index performance was the reversal of several multiyear trends. 

 

Time for a Different Drink? (Jackson Hole Economics) 
It might be worth looking beyond the Fed and paying attention to what’s going on elsewhere, like China.  

 

How Long Does It Take to Double Your Money? (Of Dollars & Data) 
The traditional advice says to use the rule of 72. 

Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and resides in the Denver area with her two dogs.