CitiWide Change Bank Is Back: Emerging Markets ETF Edition

I'm not sure how many times I'm going to have to go over this, but what I am sure of is that I'll go over it as many times as someone else keeps pushing a patently absurd idea. There's a myth floating around out there that says ETFs can be more liquid than the underlying assets. That's absurd. Ask Howard Marks. Or Carl Icahn. Two people who everyone will happily cite as authorities on anything whatsoever to do with capital markets as long as that "anything whatsoever" isn't ETFs, in which case

Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today for as little as $7/month

View subscription options

Or try one month for FREE with a trial plan

Already have an account? log in

One thought on “CitiWide Change Bank Is Back: Emerging Markets ETF Edition”

Once at the Cleveland Produce Market years ago a West Virginian independent trucker was disappointed to discover his load of watermelons from Texas would only bring $1 a melon and he had paid $1.25. He sincere declaration loudly proclaimed “I got another truck and me and the boys will haul twice this much up here next week”.