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Passive Funds To Surpass Active By 2022

With December’s numbers are still pending, November was a blow out month for passive fund inflows in stocks, and as Bloomberg recently reported, after a blistering start to the year for fixed income funds (thanks to the March crash which spooked retail from stocks and into bonds, if only briefly) equity ETFs overtook their fixed-income…

Social Security Is A Mess: There Are 6 Million Active Accounts Of People Aged 112+

By Tyler Durden Our friends at Open The Books continue to expose government waste – and fraud – and in their latest investigation, they have shone the spotlight on one of the largest wastes in the US government: the Social Security Administration. What they have uncovered is that Social Security admitted to $8 billion in…

Sun Ejects Biggest Solar Flare In Years Ahead Of Active Cycle  

On Sunday, SpaceWeather said the sun’s solar explosion was measured as an M4.4-category eruption, which produced a shortwave radio blackout over some parts of Earth and a bright coronal mass ejection (CME).  “Remarkably, the flare was even bigger than it seemed. The blast site is located just behind the sun’s southeastern limb, so the explosion was…