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Sports Betting, ETF Redemption, ‘Bips’

Barron's Streetwise

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The Point System in Financial Media

Troy from Vancouver, Canada. He asks about the point system used in financial media that he finds totally confusing. Next week, the Fed might raise rates by 25 basis points. Why don't they just say a quarter percent? I'm wondering if it's like gambling in a casino where they make you use points and tokens so you forget you were playing with real money.

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