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When FOMO is warranted


When FOMO is warranted
  
If you were born after 1985, please skip this first paragraph.
The term FOMO is an acronym that stands for the ‘fear of missing out’. Originally coined by Patrick J. McGinnis in 2004, it is largely used by the highly connected Generation Y, the millennials. This ‘fear’ is spurred on by the fact that many of us are inundated with updates about our social circle’s activities, to the point that some individuals feel like they are ‘missing’ out if they are not actively participating in conversations or activities around them. The term is generally regarded with a negative connotation, sometimes contributing to a person’s indecisiveness or overcommitting to obligations. ....

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Bloomberg: 5 things to start your day | MrTopStep.com LLC


Vaccine U-Turn
The debate over the safety of AstraZeneca s vaccine appears to be edging toward its end. The European Medicines Agency is set to deliver its verdict on Thursday but yesterday reiterated its view that the benefits of the shot outweigh the risks, while raising worries that trust in vaccines may be impacted by the suspensions some European countries put in place. France and Italy s leaders both signaled potential U-turns on the issue, hinting they are willing to allow the shot again based on the regulator s final view. France is also considering weekend lockdown restrictions in Paris to contain the virus. ....

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Now, a FOMO-branded fund for all investors worried about missing out


No shortage of risks
This ETF was pretty inevitable given the market we are in and features one of the longest risks sections I ve seen in a prospectus in a long time, said Eric Balchunas, ETF analyst for Bloomberg Intelligence. But it may simply have too much going on to have a breakout.
If it comes to market, FOMO will be the latest in a series of ETFs appealing to the runaway risk appetite sweeping across assets. The VanEck Vectors Social Sentiment exchange-traded fund, which aims to buy the stocks most loved by investors online, had one of the strongest debuts on record last week after it was promoted by Barstool Sports Inc. founder Dave Portnoy. ....

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