Insights

ETF Deathwatch

Not too long ago, someone sent me an advertisement for an exchange-traded fund (ETF) that tracks the global airline industry.  The ticker for the ETF is very cute: JETS. Personally, I think an index that tracks the airlines industry is nuts.  Although it can’t be attributed to anyone specifically, it’s been said that the airline industry, in its entire history, has never made any money. I don’t have the data… Read More