Hot Reads: Indexing’s Power As Dow Turns 125
Plus, Michael Burry places puts against Tesla, ARK funds.
Compiled by ETF.com Staff
Indexes Becoming Increasingly Powerful (ETF Edge)
The rise of indexing and the growing influence of those who control what goes into indices as the Dow turns 125.
Michael Burry Bets Against Tesla, ARK (Business Insider)
The inspiration for “The Big Short” revealed put options on two of the biggest names in tech.
Cerulli: Direct Indexing To Outpace ETFs, Mutual Funds (ThinkAdvisor)
The firm predicts an annual growth rate of 11.4% for direct indexing for the next five years.
China Extends Tech Crackdown (Reuters)
Beijing is adding more rules to how firms use data, a move likely to hurt U.S.-listed Chinese companies.
Inflation Will Fall, But Not Far Enough (CFA Institute)
How much of the transitory inflation will stay as the pandemic waxes and wanes?
US Retail Sales Drop 1.1% (Bloomberg)
Economists predicted a median 0.3% drop.
S&P 500 Doubles From Its Pandemic Bottom (CNBC)
And it did so in 354 trading days, making it the fastest bull market doubling since WWII.
Fee Pressure Is Real, At Least With These Investors (Institutional Investor)
What new research says about equity investors and the price tag.
