- If you can believe it, Fed Chair Janet Yellen is still teasing the markets with the idea of rate hike this year. Yeah, right. Fool me once, shame on you. Fool me again and again and again, shame on me.
- State pension funds are starting to learn the hard math of hedge funds. More expensive managers equals worse performance. This isn't the first time the issue has come up
- The best investment strategy for an environment that has the Fed standing with both feet on interest rates turns out to be the same strategy you've been employing all along. Just because markets are poorly positioned for a rate hike doesn't necessarily mean the markets are poorly positioned for a non-rate hike
- Don't let Oktoberfest pass you by without sampling some of the fine brews you can only get this time of year. 15 awesome beers
Investment Insights: The Blogblog
Jeff Benjamin breaks down the game for advisers and clients.
The Fed tosses out another teaser that rates could still be hiked this year
Plus: Pension funds discover the impact of high fees, if the Fed won't budge don't change a thing in that portfolio, and head into the weekend with a beer-drinking to-do list
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