Though the Dow Jones Industrial Average pierced the 16000 mark earlier this week, investors turned their attention to the Fed once again as the latest FOMC minutes were released. In the minutes, policy makers “generally expected that the data would prove consistent with the committee’s outlook for ongoing improvement in labor market conditions and would thus warrant trimming the pace of purchases in coming months.” In other economic news, existing home sales declined 3.2%, falling more than the expected 2.6%, and the Philadelphia Federal Reserve’s manufacturing activity index for November tumbled to 6.5 from October’s 19.8 recording [see The Fed Effect: How Monetary Policy Impacts Your ETFs]. Below, we highlight seven insightful articles circulating around the financial space this week: Reasons to be bullish (Humble Student of the Markets) Goldman Sach’s 10 big market themes for 2014 (Business Insider) The future of the ETF industry (The Street) 5 years of QE and the [...] Click here to read the original article on ETFdb.com. Related Posts: Battle Of The Hedge Fund Clones: GURU Vs. ALFA AdvisorShares Launches Long/Short Hedge Fund ETF (QEH) Global X Debuts “Guru ETF” (GURU) 101 ETF Lessons Every Financial Advisor Should Learn ETF Insider: New Highs & Lows September 21st Edition
Though the Dow Jones Industrial Average pierced the 16000 mark earlier this week, investors turned their attention to the Fed once again as the latest FOMC minutes were released. In the minutes, policy makers “generally expected that the data would prove consistent with the committee’s outlook for ongoing improvement in labor market conditions and would thus warrant trimming the pace of purchases in coming months.” In other economic news, existing home sales declined 3.2%, falling more than the expected 2.6%, and the Philadelphia Federal Reserve’s manufacturing activity index for November tumbled to 6.5 from October’s 19.8 recording [see The Fed Effect: How Monetary Policy Impacts Your ETFs]. Below, we highlight seven insightful articles circulating around the financial space this week: Reasons to be bullish (Humble Student of the Markets) Goldman Sach’s 10 big market themes for 2014 (Business Insider) The future of the ETF industry (The Street) 5 years of QE and the [...]
Click here to read the original article on ETFdb.com.
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