With ETFs around thematic bets bleeding billions so far this year, niche asset managers have had to make some tough choices.
This week's CPI data could add to the risk.
Wall Street firm plans to launch new strategies focused on the region.
The rest of the year may see a stream rather than a tidal wave.
The growth of the strategy, helmed by multi-decade industry veteran and “king” of high-yield muni bonds, reflects a market-wide hunger.
Skeptics betting against the popular meme stock were hit with massive paper losses as the company’s share price roughly tripled this month.
Headline stats may show cooling but underlying data is key.
Rally or rout could be ahead this week.
Some companies that have yet to be profitable could risk insolvency.
Higher-for-longer rates impact bet, but money managers remain upbeat.