

Nice turnout at ETFs in Depth Asia which is in Tokyo this year. ETF market growing here just like everywhere else but BoJ still owns 80% of the ETFs. They have vanilla but now looking at buffers, spot crypto and private co-spiked ETFs, similar to US. Big dif tho bt US and rest of world is fee-based advisors/RIAs. Most still in bank/broker/MF commission system like US 40yrs ago (= high fees, MF stickiness).

The Social Security Administration is tasked with helping new parents set up Trump accounts for babies and will be adding info about the accounts on the SS cards issued. Further evidence that these things are going to replace Social Security (which is running out of reserves) before long..Latest from @nypost which has done great job covering this




