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Week’s Best: Asset Manager Anticipates ‘Big, Fat’ Correction
Week’s Best: Asset Manager Anticipates ‘Big, Fat’ Correction · Barrons.com

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John Davi has spent his entire career analyzing and investing in exchange-traded funds, and after stints at Merrill Lynch and Morgan Stanley, he’s running his own asset-management shop catering to registered investment advisory firms. Charles Schwab has opened round-the-clock weekday trading to all clients after a limited pilot program launched last year. A Schwab executive explains the move as a response to the always-on flow of market-moving news, which makes it increasingly important for retail investors to make trades when volatility spikes.