U.K. Consumer Spending Drives 1% 3Q GDP Growth
Consumer spending and exports propelled the U.K. economy to its fastest growth since 2007 in the third quarter as the Olympics and a post-Jubilee rebound saw household expenditure rise the most in more than two years.
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The ETF Explosion
07:38 - It took Exchange Traded Funds 18 years to reach $1 trillion in assets, but only four to reach $2 trillion. And with assets expected to double again in a couple years alongside a never-ended stream of new products hitting the market, how can an investor make the most of this innovative new tool set? Cantor Fitzgerald's Reginald M. Browne, Ritholtz Wealth Management's Joshua M. Brown and OppenheimerFunds' Sharon French discuss at the Bloomberg Markets Most Influential summit in New York. (Source: Bloomberg)