Outside the Box: Your love of index funds is terrible for our economy [MarketWatch]
Franklin Resources, Inc. (BEN)
Last franklin resources, inc. earnings: 4/30 08:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.franklinresources.com/investor-relations/investor-relations/default.aspx
Company Research
Source: MarketWatch
Opinion: Your love of index funds is terrible for our economy Vanguard’s John Bogle didn’t know it at the time, but when he created the first index fund in 1975 he unleashed a monster. Stock index funds have grown so popular that they now command $4.6 trillion in assets. That might seem like a good thing. After all, index funds have “democratized” investing and simplified the process for the average person. But the truth is that index funds have gotten so big that they now pose a major risk to our economy — and even to capitalism itself. Here are three reasons why. The popularity of indexing has increased the risk of irrational bull runs and sharp declines. On the upside, there are fewer active managers to “sell at the top” and keep runaway bull markets from getting irrational. That sets up markets for eventual big selloffs. Here’s the other risk to the downside. With so much money in index funds (Bogle puts it at 17% of U.S. stock-market value), active managers now have far less cash
Show less
Read more
Impact Snapshot
Event Time:
BEN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BEN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BEN alerts
High impacting Franklin Resources, Inc. news events
Weekly update
A roundup of the hottest topics
BEN
News
- How to Boost Your Portfolio with Top Finance Stocks Set to Beat Earnings [Yahoo! Finance]Yahoo! Finance
- A Story About The Drongo, The Meerkat And Debt Markets [Seeking Alpha]Seeking Alpha
- ClearBridge Large Cap Value Strategy Q1 2024 Portfolio Manager Commentary [Seeking Alpha]Seeking Alpha
- Franklin's (BEN) March AUM Benefits From Upbeat Markets [Yahoo! Finance]Yahoo! Finance
- Franklin Templeton Opens the Market [Yahoo! Finance]Yahoo! Finance
BEN
Earnings
- 1/29/24 - Beat
BEN
Sec Filings
- 4/5/24 - Form N-MFP2
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- BEN's page on the SEC website