Elon Musk poised for influential White House advisory role amid record ETF inflows

Elon Musk's influence is expected to change as he takes on a significant advisory role within the White House. This shift comes after Donald Trump's electoral victory.

The dynamics between Musk and government policy are likely to be reshaped, especially as he continues to lead Tesla and X.

In the financial markets, exchange-traded funds (ETFs) have experienced a surge in inflows. This surge has surpassed previous full-year totals by the end of October, indicating growing investor confidence and a shift in market strategies.

Additionally, the struggling UK utility Thames Water is currently the subject of intense competition among bondholders vying to extend loans to the company. This situation highlights the ongoing challenges within the utility sector and the interest from hedge funds in navigating these financial waters.

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