Proof: ETFs a Self-Fulfilling Prophecy – Herb Greenberg

Posted By on October 14, 2011

Great piece by Herb Greenberg on the negative impact of ETFs.

From the “markets-are-broken” department: Whenever we talk about the impact of exchange traded funds (ETFs) on the market, the one missing link is quantitative evidence that ETFs (especially the levered ones) are rapidly becoming the monster they weren’t created to be.

Read at Proof: ETFs a Self-Fulfilling Prophecy – CNBC.


Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
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