Hot Reads: Bitcoin Crosses $30K for First Time Since June 2022

Bitcoin Rallies Past $30K for First Time Since June 2022 (Bloomberg)   
The world’s largest digital asset gains about 80% year to date, partly due to lower liquidity.  

Influencers Help Drive Taiwan ETF Assets to Record Highs (Financial Times)  
Nearly half of young people were investing in the funds last year, survey shows.  

Here’s Where Market Timing Works (Institutional Investor)  
Factor timing has its champions and skeptics, so academics set out to find an answer to the practice.   

US GDP Growth Nowcast Edges Higher for Upcoming 2Q Report (The Capital Spectator)  
Recession forecasts for the U.S. continue to swirl, but the risk still looks low.   

Index Investing & The Informational Efficiency of Stock Prices (Alpha Architect)  
More index investing leads to less information about individual index stocks, paper says.  

Unwisely Concentrated (Indexology)  
Concentrating equity positions raises the probability of underperformance. 

Why Investors Shouldn’t Forget About EM Debt (Institutional Investor)  
Managers see opportunities in Brazil and elsewhere.