US equities advanced further yesterday, led by the Magnificent Seven stocks, with the S&P 500 and the Nasdaq Composite posting fresh record highs. Meanwhile, France’s 10-year yield premium widened to levels not seen since June, as the country’s budget impasse risks plunging France’s government into its second political crisis in six months. Manuel Villegas, Next Generation Research, talks about why exchange-traded funds have been a quiet disruptor of the asset management industry.

00:00 Introduction by Helen Freer (Investment Writing)

00:28 Markets wrap-up by Jonti Warris (Investment Writing)

06:18 Future of Finance: Manuel Villegas (Next Generation Research)

10:54 Closing remarks by Helen Freer (Investment Writing)

Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

Resilient US markets versus Europe’s political quagmire