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Monday, January 7, 2013

Jaffe Writes Fundsters' 2013 Horoscope

News summary by MFWire's editors

Reading the tea leaves for 2013, MarketWatch columnist Chuck Jaffe has made eight predictions for 2013.

They include:

  • A massive move by some big names into ETFs.

  • Active mutual funds being converted into ETFs.

  • New ETFs igniting a price war.

  • Renewed talk about 10-year returns.

  • Approval for the next-generation money fund.

  • A complete shrug over changes in tax rates.

  • A derivative blowup.

  • Investors in long-term bond funds discovering their safe haven provides neither security nor sanctuary.

    Read Jaffe's arguments for these predictions here

    Edited by: Tommy Fernandez


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