Tuesday, October 4, 2016

More Evidence That All Things Financial Eventually Lead to Monty Python

October 4, 2016
Barron's: Increasing Interest In Bond EFTs Could Keep Costs Down

Investors poured $95 billion into fixed income ETFS in the first eight months of this year, up from the $87 billion for all of 2015, according to research from iShares provider BlackRock (BLK).

Exchange Traded Fund (ETF)? Electronic Funds Transfer (EFT)? Terrestrial juvenile phase of a newt (eft)? Hey, it's all good!

She turned me into a newt [eft]. I got better [past the headline].

Idiom: little things please little minds?

Guilty as charged. I find much amusement in the little things.

I actually feel sorry for people who need bigger and bigger things to amuse them. That's especially true, in our debt-ridden society, if they need to borrow more and more money to pay for those bigger and bigger things. Go figure.


Unknown said...

The etf giveth and the etf taketh away.

Stagflationary Mark said...

Eft me! Rise of the Newt!