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The Wall Street Journal
Treading Lightly In World Markets With ETFs - http://online.wsj.com/video...
Although bullish about stocks in the shorter-term, Alan Zafran of Luminous Capital sees longer-term concerns ranging from European debt to China's lumpy growth facing portfolio managers and advisers. As a result, he's now favoring exchange-traded funds focused on dividends and high-quality municipal as well as corporate bonds.