Hot Reads: Consumer Inflation Rises Again

Plus, Gensler doubles down on his support of bitcoin futures ETFs.

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Consumer Inflation Rises Again (MarketWatch)

The Personal Consumption Expenditure Index, a key Fed indicator, climbed 0.4% in August.

 

Gensler Reiterates Support For Bitcoin Futures ETFs (Business Insider)

The SEC chair repeated his stance at a Financial Times conference.

 

ESG Reporting Standards On Horizon, Strategists Say (FA Magazine)

However, international cooperation is necessary to develop international ESG standards.

 

Oil Falls Ahead Of Key OPEC+ Meeting (Yahoo Finance)

The world is facing an energy crunch, and pressure is on to release supply.

 

How To Co-Invest Better (Institutional Investor)

Some tips from BlackRock’s alternatives head.

 

The Broken Clock (Of Dollars & Data)

Investment gurus predict market crashes all the time, but pay attention to how often they get it right.

 

DeFi App Compound Accidentally Gives $90M To Users (CNBC)

The app’s founder is threatening to report users to the IRS who don’t return the funds.

 

Have Retail Investors Changed Markets? (ETF Stream)

One researcher argues that retail traders are “tourists” and enter when the market’s hot.

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