, Columnist
The Worst-Case Scenario for Passive Investing (Part II)
The rise of indexing and ETFs could be doing more damage than you think.
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On Monday, I introduced the idea that the rise of indexing and ETFs, known collectively as passive investing, is damaging the market and the economy, and I started spinning out the worst-case scenario should it continue to advance, including a riskier stock market and widening income inequality. But there are other areas to worry about as well.
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