Dmytro Kharkov

Eric Balchunas: Invesco monopoly on Nasdaq index ends after 27 years

Eric Balchunas: Invesco monopoly on Nasdaq index ends after 27 years
Invesco monopoly on Nasdaq index ends

Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, highlights that Invesco's 27-year monopoly on the Nasdaq index comes to an end today.

Balchunas references a report by a journalist on the development.

Balchunas has previously questioned the reliability of market predictions, citing Grantham's past inaccurate bitcoin forecasts in a recent analysis here. He also reported on Schwab's partnership with CBOE to launch new financial prediction markets featuring binary bets on S&P 500 targets here. These topics reflect Balchunas's ongoing coverage of shifts in financial products and market strategies.

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