Hot Reads: ETF Industry Eyes AI Over Crypto as Next Big Thing
Plus, why Cathie Wood can’t fight the Fed.
Cathie Wood Can’t Fight the Fed (Financial Times)
ARK Innovation’s dependence on interest rate forecasts undermines stock-picking reputation.
AI Intrigues ETF Managers as Both Investment and Tool (Bloomberg)
Artificial intelligence replacing crypto as the next big thing.
Odds of Going Past Default Date 25%: JPMorgan (Financial Advisor)
And those odds are getting worse, according to the asset manager.
Tech Stocks Are Back (A Wealth of Common Sense)
Plus, Japan and Germany are making new decade highs.
‘The Story Is All About Gold’ (CNBC)
Flows into specific commodity-based ETFs accrue despite an uncertain global backdrop.
What Did Stocks Do the Last Time the US Nearly Defaulted? (Kiplinger)
Equities tumbled last time the government came this close to defaulting on debt obligations.
What Is ETF Liquidity? (Advisor Perspectives)
How liquidity gives ETF investors the upper hand compared with other assets.
Why Young Boomers Have So Little Wealth at Retirement Age (ThinkAdvisor)
New analysis shows the Great Recession continues to dog a generation of American workers.
