US Exceptionalism Is the Only Game in Town

Published on February 4, 2025

The dollar and US stocks have benefitted tremendously from recent global portfolio inflows. As of June 2023, the latest data available, foreigners owned a record 17% of US equities.

Continue reading on website
Other news

Job Openings Drop More Than Expected in December

February 4, 2025
The latest Job Openings and Labor Turnover Survey (JOLTS) report showed that job openings fell more than expected in December, while hiring and quits edged higher. Vacancies declined to 7.600 million, down from November's upwardly revised 8.156 million. The December figure came in below the expected 8.010 million and marked the second-lowest level of job openings since January 2021.

The Impact of Vanguard’s ETF Fee Cuts Will Vary by Category

February 4, 2025
In some areas, Vanguard does not have the largest ETFs and could use the fee cuts to gain market share.