Are ETFs causing a bubble?
ETFs have become hugely popular recently as they can offer portfolio diversification at a very low fee. However Michael Burry, as portrayed in the “The Big Short” and who predicted the subprime mortgage crisis thinks there is a bubble brewing in passive investing with ETFs. In this article we discuss the impacts of ETFS on the stock markets. What is an ETF? It is a fund which usually holds multiple stocks and tracks an asset class or an index traded …