Ten stocks, 37% of your index
Europe just built a single price feed for your ETFs, Mexico quietly out-exported its own car industry, and a head-start calculation worth EUR 421,000. This week's letter.
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€617 a month in Germany, €0 in Spain
Who pays when an exchange gets hacked, an airline runs short or the ECB loses its boss - plus a chart of what a free bank account really runs on.
How much of your world ETF is one bet on AI?
Open the factsheet of the MSCI World index, the benchmark that several "world" ETFs track, and read the top of the list. Nvidia is 5.81%, Apple 5.41% and Microsoft 4.00%. Together those three companies are 15.2% of an index that holds 1,249 companies
Mass Effect, a $20bn loan, 400 layoffs
A broker that sponsors Ferrari prints its own loss rate. Plus where housing eats 40% of income across Europe, and what the dollar did to your US stocks.
Why your concert ticket costs what it costs (and who really keeps the money)
In August 2024, Oasis put their reunion tour on sale and the internet turned into a waiting room. Fans who had seen standing tickets advertised at £148.50 reached the front of the online queue and were asked for £355.20 for the same patch of floor, according to NPR&