There will be no more taper tantrums, as the Federal Reserve’s monthly bond purchases at long last came to an end, just in time for Halloween (and at least one person on Twiter celebrated appropriately).
Meanwhile, economists Googled themselves, Josh Brown gave a warning to retail investors, and financial techie Joel Bruckenstein contemplated two really big things: the mobile device market and Schwab.
On General Economic Topics:
I’m paying precisely zero attention to the midterm elections and I can’t imagine it mattering.
— Downtown Josh Brown (@ReformedBroker) October 31, 2014
25% market share… of RIAs? RT @FinTechie: Schwab Advisor Services has over $1 trillion in assets. 25% market Share
— MichaelKitces (@MichaelKitces) October 27, 2014
— Joel Bruckenstein (@FinTechie) October 7, 2014
I hope everyone starts calling the fight for market share in the #roboadvisor space, “The Robo Wars”
— Anna Narem (@AnnaNarem) October 30, 2014
Bloomberg: Consumer Confidence Rose to 7-Yr High in Oct What happens in horror movie right before guy w/chainsaw appears.
— Andy Martin (@Dollarlogic) October 28, 2014