The tweet was deleted by the author.
But we saved everything 🙂.
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.