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10min chapter
Bloomberg Wall Street Week - August 16th, 2024
Wall Street Week
Public Infrastructure vs. Private Manufacturing
This chapter examines the contrast between genuine public infrastructure, like highways, and government-subsidized projects for private firms, such as semiconductor production. It underscores the necessity of government involvement in public goods while championing private sector innovation in competitive markets. The discussion also spans the evolution of bond ETFs, detailing their transformative impact on trading practices and liquidity in the fixed income market.
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