3 Trades for QE’s End: The U.S. Growth Engine
The U.S. has emerged as the world’s economic juggernaut, which leads to a number of implications about where to invest client assets.
Ritholtz: The Easy-Money Stock Market Is Over
There's a palpable tension in the equity markets, Barry Ritholtz writes. So what is happening beneath the surface?
S&P 500 Pares Biggest Loss Since 2011; Bonds Trim Rally
Jittery markets go through wild ride but recover at close. S&P lost 3% but ended day down 0.8%.
U.S. Stocks Fluctuate With Treasuries on Fed Comments; Oil Drops
U.S. stocks fell as the Fed said valuations for smaller companies in social media and biotech appear “substantially stretched.”
China’s Economy ‘Not Going Over a Cliff,’ JPMorgan Says
Its GDP growth is slowing to 7.5% from a 10-year average of 9.9%, according to a JPMorgan portfolio manager.
Fed Says Economy Has Picked Up as It Trims Bond Buying Further
The Federal Reserve said the economy is gaining momentum as consumers spend more, and said it would continue to trim the pace of bond purchases.
New Hire Roundup: BrightScope Names Riggio Its First Chief Revenue Officer
Also, Pacific Life announced changes in its sales organization, and Edmond Markel joined Hennion & Walsh.
Fed Changes Interest Rate Policy, Linking to Wider Data Range
The Fed gave itself room to keep interest rates low by dropping a linkage between the benchmark interest rate and a specific level of unemployment.
Fed Links Rate Outlook to Range of Data; Drops 6.5% Jobless Threshold
FOMC said ‘highly accommodative stance of monetary policy remains appropriate’ before its first meeting led by Janet Yellen.
Yellen: Fed May Pause Tapering if Weakness Persists; Can’t Regulate Bitcoin
Yellen told Congress that the Fed would assess whether the “unseasonably” cold weather has caused the recent uptick in “soft data.”