January 18, 2021
As the coronavirus pandemic continues to impede everyday life, the pet industry and sector-related exchange traded fund have thrived.
The
ProShares Pet Care ETF (PAWZ), the first ETF to capture the growth in the pet care industry, increased 11.7% over the past month, advanced 18.8% over the past three months, and jumped 63.8% in the past year.
According to Euromonitor data, the global pet-care business expanded by 7%, and is expected to enjoy an annual growth rate of about 6% through 2025, the Wall Street Journal reports.
The steady outlook is based on the calculations that the coronavirus pandemic likely increased the size of the pet population in key markets, so more pet owners will continue to support the pet-care business. The numbers may have been even higher if not for supply constraints like empty shelters before the pandemic and breeder difficulty in meeting demand, which has caused a spike in prices.
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18 January 2021 – Euronext today announced that Delphine d’Amarzit has been appointed by the Supervisory Board of Euronext N.V. as CEO of Euronext Paris and member of the Managing Board of Euronext N.V., subject to regulatory and shareholder approvals, starting from 15 March 2021. Delphine d’Amarzit joins from Orange Bank where, as Deputy CEO, she was responsible for the oversight of the Operations, Credit, Finance, Risk and Compliance functions. Delphine d’Amarzit holds an extensive knowledge of European and French capital markets, notably having held senior positions within the French Treasury Department for several years with responsibilities for capital markets development, European financial regulation, and corporate financing. From 2007 to 2009, she was also in charge of financial and economic affairs at the office of the Prime Minister where she participated in the definition of the public response to the financial crisis, rescue package and recovery plans and
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Industrial stocks like 3M could be big beneficiaries when the U.S. economy finally reopens. Angus Mordant/Bloomberg
Concerns about the state of the U.S. economy finally caught up to industrial stocks but the sector still looks like it could be one of the big beneficiaries when the U.S. economy finally reopens.
It was a bad week for industrial stocks. The
Industrial Select Sector SPDR exchange-traded fund (ticker: XLI) fell 0.9% this past week despite strong industrial production data on Friday, which showed a rise of 1.6%. But industrials really haven’t been the “It” sector for quite a while now. After surging 20% from Oct. 28 through Nov. 24, the Industrial ETF has been trading virtually sideways, dipping 0.5% through Friday’s close.
Investing in Gaming Stocks - A complete guide January 15, 2021 08:30 UTC Reading time: 20 minutes
The video game industry is a huge and fast-growing market that seems to have a lot of potential to grow. The new video game devices, combined with the progress of the existing ones, are paving the way for the gaming industry to new heights in terms of market value in the coming years. That is why this industry is attracting serious interest from a large number of investors. If you’re one of them, then you’re in the right place.
In this article, you are going to find out:
Silver ETFs Fall on Strengthening Dollar, Biden Stimulus Release January 15, 2021
Gold and silver futures prices fell on Friday, prompted partly by a strengthening U.S. dollar index and dipping crude oil prices.
While gold fell 1.35% to roughly $1825 per ounce, silver was hit especially hard, dropping over $1 an ounce to breach $25, hitting a low of $24.61 an ounce. The move dragged silver ETFs lower as well, with the
In addition to the rallying dollar, President-Elect Joe Biden’s stimulus plan was revealed, driving stock markets globally lower on Friday, as it appears markets internalize higher personal and corporate taxes under the Biden administration.