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Estimate of the Working day
“Human inertia is a far more impressive drive than gravity, and regular cap-weighted indices and index cash are entrenched as the standard. There’s a reason why equivalent-weighting — the New Coke of index cash — hasn’t taken off possibly.”
Chart of the Working day
America’s most important financial institutions, besides for JP Morgan Chase ($JPM) trade all over book worth. (chart by means of @ycharts)
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Resource url
Thursday links: human inertia