What just happened?
What a world: after four years of teasing, it’s finally Infrastructure Week!
And after months of preparations — inflation scares, ETF positioning, sector rotations — the market largely yawned through the White House’s proposal.
MarketWatch and ETF Wrap will, of course, continue to track all the developments with the spending package, and keep you updated on the best ideas on how to play it all (here’s a Wednesday round-up of ETF suggestions.)
In the meantime, please enjoy a very special edition of ETF Wrap. The cover art is the only April Fool’s Day joke, we promise. What could be more serious than our big reveal: the winner of our First Annual Totally Unofficial Completely Unserious ETF Idea Contest?
The FATUCUEIC was both fun and educational. As our judge, VIA Investment Advisory President Amrita Nandakumar, put it: “It was very interesting to review the entries and see firsthand which themes are currently resonating with people. The winning entry is a particular reminder that investors ultimately aren’t seeking investment products, they are seeking investment solutions.”
Thanks for reading — and we hope you enjoy reading about the contest winner as much as we did writing about it.