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Hello and welcome to my Nuzzel newsletter! stevenhgn (Relentless)
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Index Funds Are the New Kings of Wall Street
Wall Street Journal – Dawn Lim – Sep 18, 2019, 2:30 AM

Money managers that mimic the stock market just became the new titans of the fund-management world. Funds that track broad U.S. equity indexes hit $4.27 trillion in assets as of Aug. 31, according to research firm Morningstar Inc., giving them more…

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The Simple Strategy Fueling the Growth of Bill Gates's Fortune
Bloomberg – Tom Metcalf – Sep 16, 2019, 9:00 PM

Bill Gates is still in wealth-creation mode. “We're not, you know, in some defensive posture where we're mostly in cash, or anything like that,” the Microsoft Corp. founder said in an interview with Bloomberg Television. “The…

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Overnight U.S. Funding Rate at 2.8%, Retracing From Tuesday Peak
Bloomberg – Alex Harris – Sep 18, 2019, 4:56 AM

The U.S. money-market interest rate remained elevated for a third straight day, after rising to a record Tuesday. The rate on overnight general collateral repurchase agreements, or repos, was at 2.8% early Wednesday, based on ICAP pricing. On…

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Nancy Pelosi talks trade deals, health care, antitrust probes and more in interview with Jim Cramer
CNBC – Sep 17, 2019, 4:48 PM
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Vietnam Becomes a Victim of Its Own Success in Trade War
Bloomberg – Michelle Jamrisko – Sep 17, 2019, 2:00 PM

Follow Bloomberg on LINE messenger for all the business news and analysis you need. Vietnam is finding it's hard to win a trade war even when businesses are trying to hand you victories. The Southeast Asian growth engine has a young and growing…

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