Hot Reads: Wood Says Nvidia Shares ‘Priced Ahead of the Curve’

Plus, Asness says stocks may get ‘scary’ if recession hits.

Cathie Wood Can’t Stomach Nvidia’s Soaring Shares (Fortune) 

“They’re priced ahead of the curve,” says the ARK Invest CEO. 

Cliff Asness: Stocks a ‘Scary Place’ If US Enters Recession (Financial Advisor) 

Stocks and bonds sending opposite signals about whether inflation will abate on its own. 

Will AI Risks Lead Humanity to ‘Extinction’? (NBC) 

Others say worries about hypothetical harms are overhyped. 

Did We Dodge a Recession? (The Hill) 

Ten consecutive interest rate hikes failed to generate a noticeable slowdown in U.S. economic activity. 

Rise of Tech Giants Exposes Index Distortions Problem (Financial Times) 

Investors should check wither passive investment vehicles deliver the diversification they want. 

HKEX Aims to Move Away From Fax Machines by Automating ETF Platform (Bloomberg) 

ETF issuers, exchange officials met with portal companies. 

Is the Era of Large Cap Growth Stocks Over? (Institutional Investor) 

Apple, Microsoft dominance in S&P 500 mimics IBM, AT&T reign in late '70s, Bernstein says. 

JPMorgan Builds Unit for World’s Richest Families (Bloomberg) 

“23 Wall” focuses on 700 families worth more than $4.5 trillion. 

Is Choice a Blessing or a Curse for Active Fund Returns? (The Evidence Based Investor) 

What looks like a positive advantage is the very thing that hampers active fund returns.