The Trump administration is weighing equity stakes in US defense giants like Lockheed Martin, Boeing, and Palantir to deepen government control over national security industries.
Commerce Secretary Howard Lutnick pointed to Lockheed, which derives most of its revenue from federal contracts, noting such firms “are basically an arm of the US government.”
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Commerce Secretary Howard Lutnick pointed to Lockheed, which derives most of its revenue from federal contracts, noting such firms “are basically an arm of the US government.”
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This is historic:
The number of ETFs has surpassed the number of individual stocks for the first time in history.
There are now over 4,300 ETFs, roughly 100 more than the 4,200 US-listed companies.
The number of ETFs has doubled over the last 8 years.
Year-to-date, 640 ETFs have been launched, on track for an annual record.
As a result, ETFs account for ~25% of the total universe of investment vehicles, including mutual funds, closed-end funds, and unit investment trusts.
New investment products are skyrocketing in popularity.
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The number of ETFs has surpassed the number of individual stocks for the first time in history.
There are now over 4,300 ETFs, roughly 100 more than the 4,200 US-listed companies.
The number of ETFs has doubled over the last 8 years.
Year-to-date, 640 ETFs have been launched, on track for an annual record.
As a result, ETFs account for ~25% of the total universe of investment vehicles, including mutual funds, closed-end funds, and unit investment trusts.
New investment products are skyrocketing in popularity.
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NEW - Chinese University of Texas research student, Yunhai Li, charged for espionage, theft of trade secrets
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BREAKING - Wisconsin Judge Hannah Dugan, who helped an illegal alien escape from ICE in her courtroom, has lost an attempt to throw out the federal government’s case against her setting the stage for a trial
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ChatGPT ‘coached’ teen as he prepared suicide and even praised the noose knot: ‘Yeah, that’s not bad at all’
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Is PPI inflation set to rise further?
The Philly Fed Prices Paid Index jumped 8 points in August, to 66.8, the highest since May 2022.
This index measures changes in the prices that manufacturers pay for raw materials and supplies.
The metric has been in a strong upward trend over the last 12 months.
Historically, Philly Fed prices paid have led PPI finished consumer goods prices, one of the main components of PPI.
This now signals a further increase in PPI inflation over the next several months all as rate cuts are coming.
Producer-level inflation pressures are building.
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The Philly Fed Prices Paid Index jumped 8 points in August, to 66.8, the highest since May 2022.
This index measures changes in the prices that manufacturers pay for raw materials and supplies.
The metric has been in a strong upward trend over the last 12 months.
Historically, Philly Fed prices paid have led PPI finished consumer goods prices, one of the main components of PPI.
This now signals a further increase in PPI inflation over the next several months all as rate cuts are coming.
Producer-level inflation pressures are building.
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