- George Soros digs in on his call for a hard landing for China. The push back follows a line of thinking about the Chinese economy being different. We're talking about a country that is very good at denying or ignoring the obvious.
- Never underestimate the ability of ETF providers to uncover new niches of market exposure. The Amplify Online Retail ETF (IBUY) carves a corner out of existing consumer discretionary ETFs to give investors access to companies generating at least 70% of revenues from online and virtual sales. The debut product from Amplify Investments and ETF veteran Christian Magoon.
- Reasons to be wary of forecasts from gurus, even if the guru is DoubleLine's Jeffrey Gundlach. Accountability would collapse the forecasting game.
- Uber's smooth ease of use could get a little awkward if drivers start asking for tips. As drivers rate passengers, they could start rating non-tippers.
Investment Insights: The Blogblog
Jeff Benjamin breaks down the game for advisers and clients.
George Soros can't stop hating on the Chinese economy
Plus: Amplify ETF zeroes in on online retail, calling out Gundlach's forecasts, and get ready to start tipping your Uber driver
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China could be considered a developed market in five to seven years , according to Jeff Kleintop, chief global investment strategist, Charles Schwab.
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