
Eric Balchunas
@EricBalchunas • 572,061 subscribers
Senior ETF Analyst for @Bloomberg. Dad. Rutgers grad. Gen X-er. Author of "The Institutional ETF Toolbox" & "The Bogle Effect.” Co-host of Trillions & ETF IQ.
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"We process $4 quadrillion of settlements a year. There's no blockchain that can handle that.. so we're working with Canton, Stellar, a few others..." - Nadine Chakar, Head of DTCC Digital Assets on Trillions re their massive project to tokenize Wall Street w/ Isabelle Lee
Eric Balchunas149,444 Aufrufe • vor 20 Tagen

"This is like the Keith Richards of rallies. He’s smoking, drinking & partying but he's still alive and a lot healthier than ppl 30yrs younger”- Sam G Huszczo, CFA, CFP on ETF IQ re why ppl should be grateful, enjoy the bull mkt vs worrying non-stop (feat me agreeing 100%) w/ Katie Greifeld
Eric Balchunas76,998 Aufrufe • vor 15 Tagen

DEBATE: Leverage ETFs make up of 13% ETF trading but 1% of aum so a) not that big and b) being used as directed. On flip, their volume up 10x in 5yrs and 2x stock long/short ratio is 19x mostly chip/tech so could exacerbate selloff.. me, Todd Sohn, James Seyffart debate on Trillions
Eric Balchunas24,767 Aufrufe • vor 12 Tagen

"I don't want to see ETFs going back to the mutual fund dark ages where nobody knows what the fees are. It should be clear, transparent.. and not use the customer as negotiating tool." - Perth Tolle on Fidelity's (and Schwab) move to charge ETF issuers for shelf space and how that could stifle innovation and trigger the return of dreaded 12b-1 fee for ETFs w/ Katie Greifeld Scarlet Fu
Eric Balchunas72,456 Aufrufe • vor 1 Monat

“The US economy is not that rate sensitive except one thing: housing. And we have a housing problem.. my view being you gotta get that mortgage rate down.. and you’ll actually reduce inflation” - Rick Rieder on ETF IQ last year when I asked him why cut rates if everything fine.
Eric Balchunas159,246 Aufrufe • vor 6 Monaten

“We’re headed for what is going to be a very algorithmically crowded trade” - Dave Nadig on ETF IQ on why Nasdaq changing rules to add SpaceX only 15 days after IPO is gonna have unintended consequences. Good discussion/debate incl re $RONB on show Monday:
Eric Balchunas56,570 Aufrufe • vor 3 Monaten

"It was the best first day of trading for any of our ETFs.. We had to start with bitcoin (ETF), but this is just the first of a long road map of new products both on the asset mgt side and wealth biz" - Any Oldenburg head of Digital Assets at Morgan Stanley on Bloomberg TV today re $MSBT
Eric Balchunas51,928 Aufrufe • vor 3 Monaten

I asked Matt Hougan on ETF IQ today about my one (slight) worry re Bitcoin which is are OGs still into it(bc clearly the ETFs and MSTR are), or are they cashing out bc they don’t like that it’s mainstream a la how kids left Facebook when their parents joined? His answer:
Eric Balchunas43,511 Aufrufe • vor 5 Monaten

“Fed independence I’ve always thought was somewhat of a myth. The governors are appointed by the President on a rolling basis so you get this slow takeover of the Fed with your chosen people. So the Fed independence disappears reasonable quickly during any Presidential term. The result is the Fed has always been political.” - Rob Arnott on ETF IQ today Bloomberg TV Scarlet Fu
Eric Balchunas24,372 Aufrufe • vor 6 Monaten
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