Hot Reads: Sector ETFs Face Tech Reclassification Risk
Plus, a possible crypto crackdown in India.
Compiled by ETF.com Staff
Sector ETFs Face Tech Reclassification Risk (Financial Times)
A revamp of GICS could shift several major constituents.
India Reportedly Plans Crypto Payments Ban (Coindesk)
The country would still allow cryptocurrencies to trade as assets.
Biden May Reveal Fed Chair Pick Over Weekend (Politico)
Biden’s “about four days” comment stirred speculation of a weekend announcement, but a White House official said an announcement will come before Thanksgiving.
Another Day, Another Elon Musk Tesla Sale (MarketWatch)
The Tesla CEO has sold $8.8 billion in stock over the past seven days.
Growth In Sustainable Indices Proves Sustainable (CFA Institute)
The number of ESG indices around the world jumped 43% year-over-year.
Valuation Doesn’t Matter (The Reformed Broker)
“Expensive” stocks have outperformed “cheap” stocks over the last several years.
How To Invest Your Money When Inflation Is High (Of Dollars & Data)
Surprisingly, gold is likely not the best solution.
