Hot Reads: Pimco Saw the Most ETF Outflows in 2022

Pimco Ranks as 2022's Biggest Loser in $6.5T ETF Market (Bloomberg)
Nearly $3.6 billion of outflows is the largest among U.S. issuers.

JPMorgan’s Cembelest Predicts Pause to Fed Hiking in Spring (Institutional Investor)
The strategist argues that a major growth slowdown is ahead for Europe and the U.S. as monetary and fiscal policies shift and globalization declines.

Ex-Fed Chief Greenspan: Recession Likely (Financial Magazine)
The former Fed chair says a recession is the "most likely outcome" as the central bank tightens monetary policy to curb inflation.

More War Means More Inflation (Jackson Hole Economics)
The future will be stagflationary, and the only question is how bad it will be.

Why Wall Street Is Bearish on 2023 (The Reformed Broker)
Plus, where are the dot-com bubble stocks now?

Tesla Has Biggest 1-Day Drop In Over 2 Years (Yahoo Finance)
The company's stock is starting 2023 where it left off in 2022: lacking juice.

Is Gen X Sitting on a Pile of Wealth? (ThinkAdvisor)
And millennials are set to leverage greater educational achievement to raise the wealth bar even further.

China ESG Reckoning Looms for Investors (Financial Times)
Sustainability rules and standards common in Western jurisdictions are at odds with realities in China.