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The risky lure of passive investment proxies

The most commonly cited reasons for the surge of interest in passive investing products are fee savings and skepticism about the ability of active funds to outperform. Most likely, these two factors explain a dominant part of the record flow into an ever-widening range of these investments, including mutual funds and ETFs. But they may not be the only reasons. ...

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The bitcoin is still sucking up all the crypto oxygen

With all this love for bitcoin, spare a thought for the little guy. Despite a plethora of new coins coming online in the past year, and the emergence of ethereum as an alternative cryptocurrency, bitcoin is still sucking up most of the oxygen. Without a doubt, the new coins’ sponsors owe a debt of gratitude to bitcoin for blazing a ...

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A failed census would harm America

Enshrined in the Constitution, the census is among the federal government’s most fundamental responsibilities. It is also one the government is perilously close to flunking, unless Congress and the administration act now. The decennial census is arguably the most important data set the government produces. It determines how many representatives each state sends to Washington, who sends them there, and ...

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