THE BATTLE between the world’s two largest exchange-traded funds has reached a pivotal moment. On February 18th VOO, an ETF tracking the S&P 500 that is managed by Vanguard, a giant passive-investing firm, took the crown as the world’s largest. Days later SPY, an ETF managed by State Street Global Advisors, another giant, reclaimed it. Both funds boast assets of over $620bn.
In The Constitution of Liberty, Friedrich Hayek argued that “mere legality in all government action” does not suffice as a...
A story that was briefly the lead item in the Financial Times, Catastrophe bond sales hit record as insurers offload...
QUESTION: Martin, in general I agree that Digital ID are a bad idea, if we thought identity theft was an issue,...
ASIA: The major Asian stock markets had mixed day today: • NIKKEI 225 decreased 110.06 points or -0.28% to 39,459.62...
Groceries are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | AFP | Getty...
There have been numerous developments in Texas politics since my post last month on the MAGA vs RINO US Senate...
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