Another quarter, another meeting in which the Federal Open Market Committee decided interest rates should stay near zero just a little bit longer.
In light of the turmoil that shook up the markets beginning in late August, and growing worries about the economy in China and across the developing world, the FOMC decision surprised nearly no one — save perhaps Wharton professor Jeremy Seigel, who predicted otherwise in a CNBC interview earlier that week.
Meanwhile, advisor Douglas Boneparth chats about financial sexiness, Bloomberg ETF analyst Eric Balchunas knows what America really runs on, and someone at CNN thinks "Is the pope a Catholic?" is a question to be taken literally.
12B-1 fees are ~$12 billion/year, U.S. box-office receipts are $10B and NBA revs are $7B. H/t @abnormalreturns http://t.co/vReCIvHgEE
— Irrelevant Investor (@michaelbatnick) September 29, 2015
Q2: This tweet will def. come back to haunt me, but I think I am one of the most financially sexy people around. Hey, you asked. #MCChat
— Douglas A. Boneparth (@dougboneparth) September 25, 2015
@ReformedBroker @lopezlinette pearl jam is to bankers what lynard skynard is to auto mechanics. What they sing when drunk
— Chris Arnade (@Chris_arnade) September 25, 2015
America doesn't run on Dunkin', it runs on drugs. This ETF's 420% return proves it. My latest… http://t.co/RDThnMzwKy via @business $PJP
— Eric Balchunas (@EricBalchunas) September 23, 2015
CNN reporter just explained that while Pope Francis isn't making any appearances tonight out of respect for Yom Kippur, he is not Jewish.
— Jonah Freedman (@jonahfreedman) September 22, 2015
"We want to see the next generation succeed…we're just secretly hoping they're not as successful as us." – Baby Boomers
— Ben Carlson (@awealthofcs) September 7, 2015
It's remarkable how much you have to learn in order to find out how little you need to know.
— Jason Zweig (@jasonzweigwsj) September 14, 2015
On The Fed's Much-Anticipated Non-Decision:
The hold music for the Fed Livestream sounds very very dovish.
— Justin Wolfers (@JustinWolfers) September 17, 2015
Wot no rate hike? pic.twitter.com/9yCVBUF43H
— Katie Martin (@katie_martin_fx) September 17, 2015
YELLEN: CAN'T GIVE YOU A RECIPE FOR EXACTLY WHAT WE WANT TO SEE. We are waiting for Goldman to give us the recipe
— zerohedge (@zerohedge) September 17, 2015
fool me once, shame on you. fool me repeatedly at every meeting for the last 3 years, shame on me. #fomc #nevereverhiking
— Eight Circles (@8circlescapital) September 17, 2015
The last time the #FederalReserve raised rates, you couldn't tweet about it. Last @federalreserve hike: 6/29/06. @Twitter launched: 7/15/06
— jodi gralnick (@jodigralnick) September 17, 2015
You can't prove a negative, but boy can you Tweet about a non-event. #FOMC
— Maria Aspan (@mariaaspan) September 17, 2015
— Check out Best Finance Tweets of the Month: August 2015 on ThinkAdvisor.
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