Markets brace for the Fed’s big talk about normalization
Plus: Individual investors zig as professionals zag, hedging the U.S. market by going global, Citigroup in the spotlight, and futbol mania
- Bracing for a Yellen-focussed week ahead. Fed chair is slated for two days of testimony to chart a path toward normalization, whatever that is. Testing the health of the U.S. economy
- Like clockwork, individual investors charge into the equity markets just as the professionals start to retreat. ‘Stocks will pause or set back a little’
- A simple and smart way to hedge some risk of the pricey U.S. equity market: Go global. And don’t forget about the emerging markets
- Citigroup is the stock to watch today with earnings coming in the wake of a $7 billion fine and settlement related to shoddy mortgage practices. $2.5B in consumer relief, and the government takes $4.5B for its trouble
- Bizarre World Cup moments, which is probably a redundant statement. Futbol via Twitter
Learn more about reprints and licensing for this article.