Wednesday, January 3, 2024

Wednesday, January 3, 2024

Update: 2024-01-05
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In the latest episode of the John Lothian Newsletter Daily Update Podcast:




  1. TMX Group has successfully completed its acquisition of VettaFi, a prominent U.S.-based company specializing in indexing, digital distribution, analytics, and thought leadership.




  2. Harvard's President Claudine Gay has resigned following her controversial testimony before Congress and allegations of plagiarism, marking the shortest tenure for a Harvard president. The Wall Street Journal explores the university's path forward in a story titled "Claudine Gay Is Out as President. Where Does Harvard Go From Here?"




  3. Bill Ackman, a vocal critic of Claudine Gay, responded to her departure with a 4,000-word post claiming that "DEI is racist," as reported by the New York Post.




  4. The ETF sector is witnessing increased competition, particularly with the anticipation of bitcoin ETF approvals. The Financial Times discusses the battle for market share between BlackRock and Vanguard in the U.S. ETF market.




  5. The FT's Unhedged Podcast explores the role of AI in making economic predictions and whether it can compete with human forecasts.




  6. X (formerly known as Twitter) has reinstated headlines in posts when users share links, reversing a previous change made by owner Elon Musk.




The episode also includes updates on sustainability in capital markets, insights into crypto options trading volume, and Cboe's index performance in 2023.

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Wednesday, January 3, 2024

Wednesday, January 3, 2024

John Lothian