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In many respects, the index fund boom is turning BlackRock, Vanguard and State Street into something resembling low-cost public utilities with a quasi-monopolistic position.

The political atmosphere following the presidential elections in France, reflects the political trends of Western Europe. The rise of Emmanuel Macron and Marine Le Pen signify the fall of mainstream parties and the rise of the extremes. Macron ardently supports the EU, while Le Pen

After way too long, the trophy is once again painted blue. Chelsea’s Premier League title triumph seems to be a fitting response to the critics who wrote them off earlier this season.