OpenAI launched SearchGPT, a generative AI search tool that provides up-to-date information, cites sources, and allows publishers to manage their appearances in results, aiming to improve online search experiences.
Microsoft’s Bing Generative Search will feature an extensive AI information box, altering the homepage layout. Concerns include misinformation and potential reduction in clickthrough rates. Release details are pending.
This article outlines building a streaming agentic chatbot using Burr, FastAPI, and React. It emphasises the importance of streaming for enhanced interactivity and user experience.
Jersey City pension fund plans to invest in Bitcoin ETFs, updating SEC paperwork, following Wisconsin’s similar move. Mayor Fulop endorses blockchain technology, noting increasing interest in crypto investments.
China’s central bank reduced lending rates unexpectedly, injecting liquidity into the market. This aims to counteract deflationary pressures and support a struggling economy amid declining stock market performance.
Domestic food prices rise despite falling global prices due to currency depreciation, debt distress, reliance on global markets, and uneven price transmission, especially in lower-income countries.
In H1 2024, U.S. ETF flows surged, focusing on core, complex, and active strategies. Spot Bitcoin ETFs attracted significant interest, marking a shift towards higher-cost investments and active management.
Investors are shifting to small caps, with over $6 billion inflows into the Russell 2000 ETF in July 2024, despite caution from experts about long-term prospects compared to larger firms.
Emerging market debt presents growth potential amidst volatility. Larger economies like Brazil and India show improved fundamentals, with low default rates expected. Opportunities exist in liquid and illiquid strategies.
Financial planners advise baby boomers to ensure financial stability before gifting wealth. They suggest conducting a “stress test” on portfolios to assess sustainability for long-term care and potential market downturns.
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---title: "Daily Curation (26.07.2024): SearchGPT Launch, Bitcoin ETFs, China's Economic Moves, and Rising Small Cap Investments"page-layout: fulltitle-block-banner: truedate: 07-27-2024categories: [ai,coding,crypto,economics,etf,fundamental,personal-dvpt]tags: [search, ai, bitcoin, etf, lending, inflation, food, markets, investments, volatility]image: /pictures/article-in-newspaper.jpg---::: {layout-ncol=2}:::{#first-column}In today's curation, we explore a range of important financial and technological developments that may impact various sectors. Key topics include:- Launch of OpenAI's SearchGPT for enhanced search experiences- Microsoft Bing's Generative Search and its layout changes- Building a streaming agentic chatbot with Burr and FastAPI- Jersey City's pension fund's investment in Bitcoin ETFs- China's central bank's unexpected lending rate cuts- Rising domestic food prices amid falling global rates- Surge in U.S. ETF flows and interest in spot Bitcoin ETFs- Shift towards small caps with significant inflows into Russell 2000 ETF- Opportunities in emerging market debt amid volatility- Financial planning advice for baby boomers on wealth giftingPlease see the table below for more details on each topic.::::::{#second-column}::::::# AI and Gen-AI| Title | Summary ||-----|-----------|| [AI Search Revolution: OpenAI's SearchGPT Combines Conversational AI with Real-Time Web Info for Smarter Results (The Drum, 2024-07-25)](https://www.thedrum.com/news/2024/07/25/openai-releases-prototype-searchgpt-generative-ai-powered-search-tool) | OpenAI launched SearchGPT, a generative AI search tool that provides up-to-date information, cites sources, and allows publishers to manage their appearances in results, aiming to improve online search experiences. || [Bing's New AI-Powered Search Will Transform Your Online Experience and Upend Traditional Search Results (theverge, 2024-07-25)](https://lifehacker.com/tech/bing-ai-search) | Microsoft's Bing Generative Search will feature an extensive AI information box, altering the homepage layout. Concerns include misinformation and potential reduction in clickthrough rates. Release details are pending. |# Coding| Title | Summary ||-----|-----------|| [Create a Dynamic Chatbot with Streaming Text Using Burr, FastAPI, and React: A Beginner's Guide to Streaming AI (Towards Data Science, 2024-07-25)](https://towardsdatascience.com/how-to-build-a-streaming-agent-with-burr-fastapi-and-react-e2459ef527a8?source=rss----7f60cf5620c9---4) | This article outlines building a streaming agentic chatbot using Burr, FastAPI, and React. It emphasises the importance of streaming for enhanced interactivity and user experience. |# Crypto News and Analysis| Title | Summary ||-----|-----------|| [Pension Investments Evolve: Jersey City Fund Ventures into Bitcoin ETFs, Paving Way for Traditional Finance Integration (Bitcoinist, 2024-07-25)](https://coinspectator.com/newsbtc/2024/07/26/in-the-works-jersey-city-mayors-plan-to-introduce-bitcoin-etfs-into-pension-funds/) | Jersey City pension fund plans to invest in Bitcoin ETFs, updating SEC paperwork, following Wisconsin's similar move. Mayor Fulop endorses blockchain technology, noting increasing interest in crypto investments. |# Economics| Title | Summary ||-----|-----------|| [China Injects Cash Amid Economic Concerns: Central Bank's Surprise Rate Cuts to Boost Growth and Confidence (Reuters Econ World, 2024-07-25)](https://www.reuters.com/world/china/china-central-bank-surprises-by-lending-again-lower-rates-2024-07-25/) | China's central bank reduced lending rates unexpectedly, injecting liquidity into the market. This aims to counteract deflationary pressures and support a struggling economy amid declining stock market performance. || [Why Your Grocery Bill Keeps Rising Even as Global Food Prices Drop: A Deeper Look at Inflation Triggers (Real-World Economics Review, 2024-07-25)](https://rwer.wordpress.com/2024/07/25/why-do-domestic-food-prices-keep-going-up-when-global-prices-fall/) | Domestic food prices rise despite falling global prices due to currency depreciation, debt distress, reliance on global markets, and uneven price transmission, especially in lower-income countries. |# ETFs and Index Investing| Title | Summary ||-----|-----------|| [Navigating the Shifting Landscape: Why Investors Are Flocking to Active Management and Bitcoin ETFs in 2024 (ETF Trends, 2024-07-25)](https://www.etftrends.com/u-s-etf-flows-investors-getting-polarized/) | In H1 2024, U.S. ETF flows surged, focusing on core, complex, and active strategies. Spot Bitcoin ETFs attracted significant interest, marking a shift towards higher-cost investments and active management. || [Why Billions Are Flowing into Small-Cap ETFs as Big Tech Falters: What Investors Might Be Missing (Benzinga, 2024-07-25)](https://www.benzinga.com/markets/equities/24/07/39970069/investors-go-all-in-on-small-caps-pour-over-6-billion-into-russell-2000-etf-this-month-they-will) | Investors are shifting to small caps, with over $6 billion inflows into the Russell 2000 ETF in July 2024, despite caution from experts about long-term prospects compared to larger firms. |# Fundamental Investing| Title | Summary ||-----|-----------|| [Unlocking Profitable Opportunities in Emerging Market Debt Despite Global Volatility and Geopolitical Tensions (Institutional Investor, 2024-07-26)](https://www.institutionalinvestor.com/article/2djkjeoxdz13ar7w9kkxs/innovation/opportunities-in-emerging-markets-amidst-volatility) | Emerging market debt presents growth potential amidst volatility. Larger economies like Brazil and India show improved fundamentals, with low default rates expected. Opportunities exist in liquid and illiquid strategies. |# Personal Development| Title | Summary ||-----|-----------|| [Smart Wealth Transfers: Ensure Personal Financial Stability Before Helping Kids with Early Gifting (Business Insider, 2024-07-25)](https://www.businessinsider.com/boomers-who-want-pass-down-wealth-pass-stress-test-advisor-2024-7) | Financial planners advise baby boomers to ensure financial stability before gifting wealth. They suggest conducting a "stress test" on portfolios to assess sustainability for long-term care and potential market downturns. |
