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The $6.3T Money-Market Industry Just Got Its First ETF

Wealth Management

MMKT is the first to follow the so-called Rule 2a-7—a provision of a 1940s Securities and Exchange Commission law that governs money-market funds.

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A Few Comments on Q2 GDP and Investment

Calculated Risk

The decrease in real GDP reflected decreases in private inventory investment, residential fixed investment, federal government spending, state and local government spending, and nonresidential fixed investment that were partly offset by increases in exports and personal consumption expenditures (PCE).

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BEA: Real GDP increased at 2.9% Annualized Rate in Q4

Calculated Risk

The increase in real GDP reflected increases in private inventory investment, consumer spending, federal government spending, state and local government spending, and nonresidential fixed investment that were partly offset by decreases in residential fixed investment and exports. In the third quarter, real GDP increased 3.2

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BEA: Real GDP increased at 1.6% Annualized Rate in Q1

Calculated Risk

The increase in real GDP primarily reflected increases in consumer spending, residential fixed investment, nonresidential fixed investment, and state and local government spending that were partly offset by a decrease in private inventory investment. In the fourth quarter of 2023, real GDP increased 3.4 Imports accelerated.

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BEA: Real GDP increased at 3.3% Annualized Rate in Q4

Calculated Risk

The increase in real GDP reflected increases in consumer spending, exports, state and local government spending, nonresidential fixed investment, federal government spending, private inventory investment, and residential fixed investment (table 2). Within federal government spending, the increase was led by nondefense spending.

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10 Weekend Reads

The Big Picture

The idea of quantum entanglement came at a time when the world’s greatest minds debated if the world’s tiniest particles are governed by chance. Culture industries increasingly use our data to sell us their products. It’s time to use their data to study them. Public Books ). This astronaut trains by flying fighter jets. Big Think ).

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A Few Comments on Q4 GDP and Investment

Calculated Risk

The increase in real GDP reflected increases in private inventory investment , consumer spending, federal government spending, state and local government spending, and nonresidential fixed investment that were partly offset by decreases in residential fixed investment and exports. In the third quarter, real GDP increased 3.2