The End of the Tech Boom May Be Upon Us

So far this year, just one tech company has gone public in the U.S. Many would-be IPO candidates are happy to stay private, where it’s been easy (until recently) to collect big sums from investors at rich valuations. But that’s starting to change and Bloomberg Gadfly’s Shira Ovide is worried that the current IPO desert could spell trouble for tech.…

What is an ETF?

There are now over 6,000 ETFs on 60 exchanges and ETFs exist for everything from corporate bonds to gold bars to oil futures. Like the USB port or a gas pump, ETFs have basically standardized the entire universe of investing so that everything under the sun now trades like shares of Apple. But what, exactly is an ETF and why have they become so popular? Bloomberg explains in this short video.…