Hot Reads: White House Considers Massive Oil Reserve Release
Plus, the Fed's favored inflation rate hits a 40-year high.
Compiled by ETF.com Staff
US Weighs Largest Draw From Emergency Oil Reserve (Reuters)
Reports say the White House may release up to 180 million barrels over the next several months.
PCE Inflation Rises To 5.4% Year-Over-Year (CNBC)
It’s the highest since 1983.
China ETF Investors Endure ‘Dark’ Month As Macro Factors Take Over (Financial Times)
The growth story is being overshadowed.
Many Fund Managers Aren’t Offering Their Best Active Strategies in ETFs. Here’s Why. (Barron’s)
The fee war is keeping some of the best-performing strategies solely to mutual funds.
SEC Deals A Big Blow To SPACs (Institutional Investor)
New proposed rules could seriously curb one of 2020’s biggest finance trends.