Why tapering can’t be stopped
Breakfast with Benjamin: Fed tapering, Apple's dismal results, an emerging markets opportunity, and why even the Winklevoss twins are distancing themselves from Bitcoin.
- Sorry folks, but all of this market volatility is not going to persuade the Fed to slow down its tapering strategy. Nothing will deter Fed from tapering this week
- Apple got hammered in after-hours trading when sales of iPhones fell far short of expectations. Apple iPhone Sales, Outlook Come Up Short
- Emerging markets have had a difficult time of late, but maybe that makes this the perfect time for targeted ETFs. Emerging markets’ big slump may open doors to targeted EM ETFs
- From Bloomberg, the plot thickens at Pimco, where Bill Gross plans to diversify. Gross vows to diversify: Pimco to launch 19 active ETFs
- And, as if you needed another reason to be skeptical about Bitcoin, the CEO of one of its exchanges was arrested. (And even the Winklevoss twins are distancing themselves from him.) CEO of Bitcoin Exchange Arrested
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