Summary
Ian Bezek makes a distinction between floundering national banks and community banks, whose performance tracks a growing economy.
CFA Institute: How do you stack up as an investor when pitted against an algorithm?Thought for The Day: The city of Stockton, Calif., is piloting a universal basic income-type program. Is this the future for a robot-idled workforce? National vs. Community Banks “That’s an 11% difference for two banking ETFs [national vs. community banks]. That’s a shocking amount of divergence for two ETFs within the same sector since March. As you can see, they were tracking almost identically until then, […]
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