Bradley Krom

Head of U.S. Research @WisdomtreeETFs. A companion of bon vivants. R/T probably endorsements.

[Bradley Krom @BradleyKrom]

@negative_IRR The Grill. Go early to grab a cocktail at the bar. Like most MFG spots, wine pricing is tough.

[Jeremy Schwartz @JeremyDSchwartz]

60/40: Reports of my Death Are Exaggerated?

A stat thread🧵 :

60% S&P 500 Index/40% Bloomberg U.S. Aggregate Index (Agg) Calendar Year Returns, 1976–July 8, 2022

[Bradley Krom @BradleyKrom]

@Viticultur_ist @EconomPic @JeremyDSchwartz @FiSurgi You can: https://t.co/71zBAgwBGk
Only downside is it's outside of the normal brokerage ecosystem & you can't sell for 45 days after purchase.

[Bradley Krom @BradleyKrom]

@EconomPic @Viticultur_ist @JeremyDSchwartz @FiSurgi Definitely. Bill yields gotta reflect the timing / odds of a rate hike over the next 90 days. Pre-2008, there were a ton of interesting plays between bills, repo, ED & FF futures. Millenium, Exodus Point, etc. still doing it.

[Bradley Krom @BradleyKrom]

@EconomPic @Viticultur_ist @JeremyDSchwartz @FiSurgi That's why we like it. No credit risk + potential to reset to higher yields every week (not qtrly) from the 90 day bill auctions. Why lock in 90 day bill yields today if the Fed needs to hike 50bp at a future meeting?

[Jeremy Schwartz @JeremyDSchwartz]

A quick thread on the latest U.S. government actions taken to ban investments in China companies financing China’s military.

[Jeremy Schwartz @JeremyDSchwartz]

The delayed initial public offering for Ant Financial is causing modest risk-off sentiment for China tech exposures. But does it change Ant Financial’s long-term business outlook? A thread on why we’d look past this delay.

[Jeremy Schwartz @JeremyDSchwartz]

Quick thread on Buffett's $6 billion purchase of Japan's five SogoShosha, general trading companies, from our Japan strategist--Jesper Koll. Apart from the usual reasons for Buffett to invest — cheap valuations, great cash flow- some added considerations.

[Ryan Krystopowicz, CFA @ryankETFmodels]

I love this article about post-March/April market volatility and investor perception around their advisors. 5 stats caught my radar...

https://t.co/Lq7J0pfAvJ

[Bradley Krom @BradleyKrom]

@wjruss84 @JayJacobsCFA @lady__bost @alphaarchitect @TorieHappe @joylerepsyd @courtranstrom @DebbieDenverCO @Perth_Tolle @drewzaro @danielcrosby @billsweet Last year was incredible, but can’t make it happen this year. We’ll be rooting for ya!

[Jeremy Schwartz @JeremyDSchwartz]

Milestone Alert! Big day for flows into $NTSX last week taking AUM to >$215M. What’s driving interest? Performance. [A thread coming]

[Bradley Krom @BradleyKrom]

@fed_speak @RussellBissett Thanks for organizing!

[Bradley Krom @BradleyKrom]

@MstarETFUS @jvogs02 @Matt_Hougan @DaveNadig @tpsarofagis @alphaarchitect @SonyaDreizler Retail transaction charges, but rates only increasing for selling.

[Bradley Krom @BradleyKrom]

@jvogs02 @MstarETFUS @Matt_Hougan @DaveNadig @tpsarofagis @alphaarchitect @SonyaDreizler Very curious what the rationale is for not doing the same thing for MF in the U.S. (table from Credit Suisse)

[Bradley Krom @BradleyKrom]

@EconomPic Actually, ETF buyers could purchase the ETF (same assets) at a 5% discount vs. mutual fund investors at the close.

[Bradley Krom @BradleyKrom]

@PlamenDobrev @BlakeFox7 @EconguyRosie Yes, but not until later in the day post shale bailout rumors. Bigger players benefit, no way it’s saves everyone.

[Bradley Krom @BradleyKrom]

@BlakeFox7 @EconguyRosie Exactly. No bounce in energy stocks despite higher S&P.

[Steven Strogatz @stevenstrogatz]

Sad but true