ETF Trends: U.S. Stock ETFs Rally as Earnings, Consumer Data Maintain Risk-On Attitude

In the News | January 16, 2020 | By Sierra Investment Management

U.S. markets and stock ETFs rallied Thursday as strong corporate earnings and an improving global trade outlook helped fuel the risk-on sentiment.

“Over the past year, the uncertainty and the concern over what was going on between the U.S. and China was driving headlines that were absolutely coming into the markets,” Terri Spath, chief investment officer at Sierra Investment Management, told the WSJ. “The fact that there’s productive motions forward, and that is now confirmed, is certainly taking away that risk that was weighing on the market.”

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Sierra Investment Management