Morningstar Moments: 3 Things You May Have Missed
Our analysts tweet about Pride Month, the growing power of index funds, and the corporate business tax rate.
Here are the major market moments our analysts have been talking about.
1) 50 Must-Know Statistics about Income and Wealth for LGBTQ People
In honor of Pride Month, Christine Benz compiled a list of statistics that shine a light on the challenges the LGBTQ community faces when it comes to finances, home ownership, retirement savings, and more. Take a closer look at the numbers.
2) Beware the Big 3
Altogether, Vanguard, BlackRock, and State Street hold 43% of the fund industry's U.S. equity assets. With great power comes great responsibility--and a lot of shareholder votes. John Rekenthaler raises his concerns.
3) The Latest on the Corporate Business Tax
Although some reports have stated the infrastructure package could be receiving a major makeover, we think the end result will look like Biden's original proposal. And yes, that includes the tax increase.
Stay in the loop with @MorningstarInc and our analysts: Christine Benz, director of personal finance: @christine_benz Ben Johnson, director of global ETF research: @MstarETFUS Aron Szapiro, head of policy research: @AronSzapiro