SCARLETT: WELCOME TO ETF IQ WE HAVE SOME BIG ECONOMIC DATA POINTS TO GET THROUGH. KATIE: LET'S GET TO THE BIGGEST STORIES RIGHT NOW. 19 TRILLION DOLLAR GLOBAL ETF INDUSTRY AND IS THE LAST FULL TRADING WEEK FOR THE YEAR WITH STOCKS WIPING OUT THEIR GAINS ON THE SESSION AS PEOPLE PREPARE FOR THAT DELAYED U.S. JOBS REPORT.SCARLETT: BLACKROCK'S JEFFREY ROSENBERG WILL HAVE HIS EYES ON THAT. KATIE: PLUS IN A MOMENT WE WILL SPEAK WITH SOMEONE FROM RBC CAPITAL MARKETS ABOUT THE VIEWS INSIDE AND OUTSIDE THE UNITED S ...

We're tracking ETF net inflows for the year that are now over 1.35% trillion year to date. We're also tracking the moves above and below the 30-day moving averages for the popular index funds, the SPY and the Triple Q's. Top inflows this week into the DGRW ETF.That's the Wisdom Tree US Quality Dividend Growth Fund. That was followed by the VTI, the Vanguard Total Stock Market Index, and the IWD, the Eyesshares Russell 1000 Value ETF. This week, I spoke with Tom Stout, ARC Investment Management President and ...

Core Insights - The article emphasizes the importance of creating engaging and educational financial content that resonates with everyday investors [1] Group 1: Content Creation - The company specializes in producing written content across various formats, including articles, blogs, emails, and social media, aimed at financial advisors and investment firms [1] - There is a focus on thematic investing, market events, and client education, with an aim to make financial data accessible and relevant [1] - The use of empirical data and charts is highlighted as a method to create evidence-based narratives that effectively communicate financial concepts [1] Group 2: Market Analysis - The company expresses enthusiasm for analyzing stock market sectors, ETFs, economic data, and broad market conditions [1] - Macro drivers of asset classes such as stocks, bonds, commodities, currencies, and cryptocurrencies are identified as key areas of interest [1] - The content produced is designed to be "snackable," catering to various audiences while maintaining educational value [1]

Core Insights - The cannabis investment sector has seen significant growth since the legalization of adult-use cannabis in Colorado, with 420 Investor being a key player in providing resources and insights for investors [1][2]. Group 1: Company Overview - 420 Investor was launched in 2013 and has transitioned its services to Seeking Alpha, continuing to offer extensive coverage of cannabis stocks through model portfolios, videos, and written materials [1]. - Alan Brochstein, CFA, is a prominent figure in the cannabis investment space, having founded AB Analytical Services in 2007 and managing New Cannabis Ventures since 2015, focusing on providing financial information relevant to the cannabis industry [2]. Group 2: Investment Features - The investing group 420 Investor closely monitors 20 cannabis stocks, providing timely investment news, earnings report previews, and post-report analyses [2]. - Additional features of the group include a model portfolio, 10 weekly videos with chart analysis, three weekly summary pieces, a monthly newsletter, and a chat function for investor inquiries [2].

Market Sentiment - Investors are feeling anxious as they approach the holiday season, indicated by the Cboe Volatility Index (VIX) remaining in the mid-20s range, which historically correlates with weaker future S&P 500 returns [1] Investment Analysis - The current volatility levels suggest a cautious outlook for the market, as historical data shows that periods of elevated VIX often precede lower returns for equities [1] Economic Indicators - The mid-20s VIX level is considered a dubious range, highlighting potential instability in the market as investors prepare for year-end trading [1]

Group 1 - The Dow Jones Industrial Average is considered too small a sample size to effectively gauge the overall performance of the stock market on any given day [1]

Group 1 - The Nasdaq 100 has historically outperformed the S&P 500, particularly due to stronger gains in the tech sector, with QQQ NAV increasing by 8.94% in Q3 2025 compared to the S&P 500's 8.12% [1] - There is a discussion on whether to invest in the tech-heavy Invesco QQQ Trust (QQQ) or the broader Vanguard Total Stock Market Index ETF (VTI) [2] - The QQQ is likely to have more AI hype priced into it compared to the S&P 500 or broader market indices, which could lead to higher returns if mega-cap tech companies successfully capitalize on AI investments [3] Group 2 - Traditional companies outside of tech are increasingly integrating AI into their operations, potentially benefiting from multiple expansions if their AI strategies yield significant gains [4] - The QQQ currently has a price-to-earnings (P/E) multiple of approximately 34.6, which is about 30% higher than the VTI's P/E of 28, indicating a premium for tech exposure [5] - The elevated P/E ratio of QQQ may lead to greater volatility and potential losses if investor sentiment shifts away from tech and AI investments, especially if unexpected advancements in AI emerge [6]

Core Insights - Vanguard ETFs are highlighted as a strong option for investors seeking a "set and forget" investment strategy [1] Group 1 - Vanguard ETFs provide a simple and effective investment solution for long-term investors [1]

Core Viewpoint - Investing in ETFs provides an accessible way for individuals at various life stages to build a reliable investment portfolio [1] Group 1 - ETFs are suitable for both novice traders and those approaching retirement, indicating their versatility in catering to different investment needs [1]

Group 1 - The article emphasizes the importance of comparing investments to benchmarks to assess their performance effectively [1] - It suggests that a good financial choice should outperform index investments, which are accessible to all investors [1] Group 2 - The article does not provide specific company or industry insights, focusing instead on general investment principles [2]