Another Fed meeting has come and gone, and again we are left with another rate hike-less meeting. While the Fed did say that another hike before the end of the year is likely, they have also been saying that for months now, so who knows what to believe anymore. As I stated yesterday, unless you’re a day trader, these Fed decisions shouldn’t greatly impact your investing strategy anyway.
Here’s what I’ve been reading this morning:
‘Do Institutional Consultants Add Value Picking Money Managers?’ – Ben Carlson – A Wealth Of Common Sense
‘Wise Beta’ – Phil Huber – BPs and Pieces
‘European Bank Stocks Struggling to Gain Traction’ – Dana Lyons – See It Market
‘Utilities vs. Financials: A Rising Rates Story’ – Jeremy Schwartz – Wisdom Tree
‘6 MLB Managers Who Are On The Hot Seat As The Season Ends’ – Ken Rosenthal – FOX Sports