The market has gone up to the 3000s again, and everyone is getting wary of inverted yield curve, China talks and interest rates. The US manufacturing index showed a contracting economy, but the service sector was up so it is showing economic activity. Consumer spending is also very high, and the US consumers are doing well.

Amazon and other e-commerce makes it so easy for everyone to spend, so it's no wonder consumer purchases are up. He expects the consumer spending to continue.

The TSX hit a high today, but it only regained to the high in April. He isn't selling any growth ETFs, but he's always had covered calls in his portfolio. When there is a surge, you want to switch covered calls to normal equities. Markets are looking to top out so he wants to get advantage of that right now.

You're buying something where big box retailers are dropping like flies and property valuation is very high. Right now, it's an odd space to be in. The retail space makes him cautious.

The banks have always done well and have a great track record. Likes this in particular because there is US exposure. The only problem is that the MER is too high at 66 basis points.

This is their low volatility ETFs. The ZLU.U pays distributions in US dollars. He would stick with a US index rather than an all market one, but it depends on what type of investor you are.

It had too much weight in Europe and it was doing nothing. Switched out of it a few weeks ago. It's a good product but it's not working in this market.

If interest rates goes back, then you can get really hurt. If you want long-term, you can have some short duration bonds. ZST is a short term bond. He wouldn't buy it right now.

He doesn't want a cap on it on something volatile. Gold has been recently volatile recently so he doesn't want a cap on it.

He doesn't follow this that much. The yield isn't great at 2.9%. However, you have look at the yield to maturity since the quoted yield is just an indicator.

Well diversified, low cost ETF. However, every time he's bought it, something happens and he sells it. He's not in Europe right now because of all it's problems.

It's quite popular with good yield. It's not just Canadian but also US utilities. The price has been driven up. A good choice for conservative investors.

Extremely small ETF with fairly high fees. There are better ETFs with banks, so wouldn't buy this one, especially since it's around 100 basis points for the fees.

A good choice, especially because it's pretty good. How much exposure you want really depends. The US still remains the best performing market. He would allocate around 5-10%.

Likes it since it is low volatility. The yield isn't particularly good right now, and it's a little expensive since people are looking for low volatile names. He has some for his clients.