• Worried About Narrow Markets? You Shouldn't Be

    1 month ago - By ETF Daily News

    From BlackRock : Richard Turnill explains why today's relatively concentrated equity market leadership isn't as worrisome as many perceive.
    The nearly decade-long bull run in global stock market is stoking anxiety about its ability to carry on. One concern : narrow breadth-a fragile state when a small group of stocks is contributing to the bulk of market returns. We see such worries as being overblown. Today's strong equity performance, especially in the U.S., is broad-based and fueled by healthy fundamentals and solid earnings momentum, in our view.
    Take a look at the price return of the...
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