1) The China Rate-Cut Surprise The market woke up Friday to a surprise interest rate cut from the People’s Bank of China, and stocks all around the globe welcomed the move with bullish open arms. The move was the first by Chinese policymakers in two years, and that sent Chinese stocks and ETFs soaring. Europe also now is hinting at implementing some stimulus via bond buying, and those hints have international stocks climbing. So, how well are stocks doing right now? What about bonds, gold, oil, agricultural commodities and other asset classes? Find out how it all shook out in today’s premier podcast segment. 2) Weekly ETF Strategy Session: Municipal Bond Funds Are you an income investor looking for high yield and low taxes? Then you need to look at exchange-traded funds that hold municipal bonds. There now are multiple ETFs holding high-yield, tax-free municipal bonds, and these ETFs can be used by income investors to deliver strong share price appreciation and big dividend income.
