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When Federal Reserve chairwoman Janet Yellen gives evidence to the Senate Banking Committee on Tuesday, she has an opportunity to speak above the heads of the financial markets to Congress and the American people. There is pressure in the Senate to bring the Fed under Congressional “audit”, something that almost … Read entire story.
Source: Gavyn Davies
To further summarize the volatile week we just had, below is a look at the recent performance of various asset classes using our key ETF matrix, which covers US equity strategies and sectors, currencies, country ETFs, commodities, and fixed income. As shown, declines of 3-5{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} were seen across the board …
It’s back to the future as the Dow Jones Industrial Average and the S&P 500 hit new all-time highs today–and soon the Nasdaq Composite may be joining them, as the tech-heavy index closed above 5,000 for the first time since the dot-com boom. Reuters The Dow Jones Industrial …
I enjoy reading articles by Scott Burns (also here) because he sometimes offers a unique perspective on things. He recently released the 2015 Annual Letter for his asset management company AssetBuilder. The whole thing is a good read, but here are two items of note: Keep in mind the effect of …