Read more here bloomberg.com/news/articles/…

.Lu Wang and I cover the latest passive investing paper to fight about by Marco Sammon + John Shim 💥: Ok, it's actually pretty nuanced. TL;DR: Who's been selling shares to indexers? It's the listed firms themselves bloomberg.com/news/articles/…

Highly interesting chart... Odds of recession by asset class. Look at that divergence. via Lu Wang Denitsa Tsekova

Leveraged ETFs have hit a record $117 billion of AUM and they may be exerting their biggest ever influence on the broader marketplace right before the market close. w/ Lu Wang bloomberg.com/news/articles/…

Speculation is rampant the Fed is about to take decisive monetary action. Spirits flared anew in tech stocks, crypto and junk bonds. NDX saw its biggest weekly rally this year after a massive plunge last week Lu Wang bloomberg.com/news/articles/…

The ever-resilient US economy is once again causing havoc for Wall Street worrywarts, who have sounded the recession alarm all year. Via Isabelle Lee, Lu Wang bloomberg.com/news/articles/…

spx above 5,800 back in jan., highest wall street strategists' forecast: 5,200 a rally few saw coming

Chinese stocks rebounded from their worst week since late July and Bitcoin hit a two-week high. Get expert insights on what’s moving Bloomberg Markets in the new Markets Daily newsletter bloomberg.com/news/newslette… via Bloomberg Markets Lu Wang

You know who's not chasing stocks here? Insiders. Corporate executives among S&P 500 firms have some of the least open market purchases in 13 years.

📥 Sign up for the Markets Daily newsletter, exclusively for Bloomberg subscribers. Get expert insight on the forces moving markets right now — and what will move them next — every week day morning: trib.al/VV4zqhr

Here's nice piece on the "perfect record" from Hotchkis via Lu Wang Think about laying down these returns, and yet crickets from investors? bloomberg.com/news/articles/…

While you’re buying gifts for grandma, companies are splurging on their own stocks. That’s right: It’s stock buyback season. Sarah Holder David Gura and Lu Wang explain the practice and why it’s so popular. trib.al/FcaybR7

The near-$5 trillion hedge fund industry is having one of the toughest years in decades in convincing fee-conscious investors to fork out cash for new market players bloomberg.com/news/articles/… via Lu Wang Bloomberg Markets #HedgeFunds

Only a year after having their size clipped in the Nasdaq 100 because they got too big, the world’s largest technology companies may face another pruning this week bloomberg.com/news/articles/… via Bloomberg Markets

Portable alpha is back in favor among big money managers. This diversified strategy that seeks to juice returns via leverage sees a surge of use in asset allocation-- 22% in 2024 vs 10% in 23, per Barclays. Lu Wang & I broke it down👇 bloomberg.com/news/articles/… via Bloomberg Markets

BlackRock, Fidelity and Invesco have all filed to launch managed futures ETFs lately Will they one day challenge the $340b world of CTAs? by me and Lu Wang today: bloomberg.com/news/articles/…

Wall Street broker-dealers are currently pushing back on a new margin rule for zero-day options. Lu Wang and Katherine Doherty of Bloomberg cover this recent development: bloomberg.com/news/articles/…

Investors are increasingly embracing automated ETF trading despite extreme volatility. Tradeweb saw a record 82% of all trades executed via automation last month -- a potential turning point in the space Lu Wang bloomberg.com/news/articles/…

For anyone on Wall Street still clinging to a time-honored macro-investing playbook, Trump 2.0 has been a source of endless punishment bloomberg.com/news/articles/… with Denitsa Tsekova

Credit portfolio trading is booming -- closing in on ETFs. The two feed off each other, says Barclays: “Take ETFs out of the picture, and portfolio trading wouldn’t exist.” Caleb Mutua Lu Wang bloomberg.com/news/articles/…