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Bloomberg Wall Street Week - August 16th, 2024

Wall Street Week

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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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