The economy has come roaring back following the Covid-19 pandemic, with consumers rushing to buy cars, appliances, home goods and so on. Overall, U.S. retail sales are up double digits compared to 2019 levels. This has led to shortages, particularly as the pandemic caused bottlenecks in global supply chains. And as if that double-whammy wasn’t…

Exchange-traded funds (ETFs) have recently seen tremendous growth as an asset class. The first U.S. ETF, the SPDR S&P 500 ETF Trust (NYSE:SPY), was launched in 1993. The fund tracks the returns of the S&P 500 index, and assets under management total nearly $396 billion. According to the NYSE’s second-quarter report, metrics suggest that as…