Hot Reads: European Value ETFs Take Big Outflows

Plus, the October jobs report beat the estimate.

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European Value ETFs Suffer Record Redemptions As Optimism Fades (Financial Times)

Almost 4 billion euros were withdrawn in the third quarter on the other side of the Atlantic.

 

The October Jobs Report (U.S. Bureau of Labor Statistics)

The 531,000 jobs that were added beat the median estimate of 420,000.

 

Kroger Says Bitcoin Cash Press Release Is Fake (Reuters)

The grocery giant said it isn’t sure how the press release made its way onto its investor relations page.

 

Jeremy Grantham: Stocks In ‘Magnificent Bubble’ (Yahoo Finance)

The index fund investing pioneer says the bubble is even larger than that of 1929.

 

Asset Managers Face Obstacles On The Road To Net Zero (Institutional Investor)

The lack of high quality data is partially to blame.

 

Work From Home Will Transform US Economy (FA Magazine)

The teleshock, or the rise in telecommuting, received a major impetus from the pandemic, when so many Americans were forced to work from home.

 

A Precious Investment Lesson From JRR Tolkien (Evidence-Based Investor)

How the endowment effect can hurt your returns.

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