The big news today is that the blog has a new banner, which is taken from the day last summer when I rang the closing bell at the Nasdaq to celebrate the publication of the book.
Also, on Monday, I will be speaking again with Meghna Pant, the principal correspondent at ABC News for Indian network UTVi about the stock market, General Motors and ETFs.
Meghna Pant, the principal correspondent at ABC News for Indian network UTVi asks me what to expect in the stock market before year-end, whether the U.S. car industry is out of the woods, will the Madoff scandal affect funds, and why are people flocking to ETFs. Click the link. If I’m not the top video, scroll down until you see my headshot.
With 200 million viewers, my Indian book sales should go through the roof. LOL. Funny, I’m now in the mood for some Lamb Vindaloo.
Posted in Business, ETFs, Exchanges, New York, Stock Market, stocks, Video, Wall Street
Tagged ABC News, auto industry, Bernard Madoff, General Motors, India, Meghna Pant, mutual funds, UTVi
For all my loyal fans in India and the sub-continent, I will be on Indian business channel UTVi on Monday, Dec. 22. I’ll be speaking about the stock market and ETFs at 11 a.m. ET from the floor of the New York Stock Exchange. UTVi has an audience of 200 million, maybe one of those viewers is actually reading this.
IndexUniverse writes about the arbitrage mechanism breaking down among bond ETFs. This has caused many bond ETFs to “trade at substantial discounts and premiums to NAV, much like closed-end funds.” The result is a a situation where no-load mutual funds and low-expense funds are more attractive than ETFs.
