Private credit boom behind new ETF designed for retail investors

Private credit boom behind new ETF designed for retail investors

It’s a partnership designed to give retail investors more access to a rapidly expanding asset class: Private credit. Simplify Asset Management and VettaFi launched the actively managed Simplify VettaFi Private Credit Strategy ETF (PCR) on Wednesday. “The role of private credit in the portfolio is something that has historically only been available to very high-net…

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Schwarzenegger directs a band in a beer tent at Munich’s Oktoberfest

Schwarzenegger directs a band in a beer tent at Munich’s Oktoberfest

BERLIN — BERLIN (AP) — Arnold Schwarzenegger took up the baton at Munich’s Oktoberfest. The former Republican governor of California spontaneously conducted a live music band and the singing crowd in a beer tent on Friday night — and clearly enjoyed himself. Afterward, the Austrian-born star of “The Terminator,” “Total Recall” and “True Lies” took…

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Death cross stocks

Death cross stocks

Several publicly traded companies’ stocks are on the verge of forming a technical pattern that signals trouble ahead. A “death cross” is a pattern that appears on a chart as a stock’s short-term moving average, typically measured over 50 days, breaks below its long-term moving average, usually taken over 200 days. The technical indicator is…

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