A growing number of asset managers see a prolonged downturn spurring the next big cash injection for the $4.5 trillion ETF industry.
Expectations for 2020 suggest that even more firms are expected to go up for sale and be purchased by aggregator firms with larger cash flows.
The U.S. housing-market crash a dozen years ago is evidently ancient history for many mortgage lenders.
As 2020 gets under way, the closely watched spreads between long- and short-term Treasury securities still don’t look completely healthy.