(Bloomberg Gadfly) -- Wall Street's passive aggression may be going too far.
This week a team of stock market strategists at Bank of America released a report suggesting investors may no longer be safe from index and ETFs. The report, titled "The ETF-ization of the S&P 500, Part 1" (part two is not out yet), argued that passive investing is already making the market less efficient and that it might soon make investing in stocks generally even riskier.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access