Investors gobbled up risk assets in August
Plus: The Fed's new spin, Wall Street women dish out career advice, and how to spend away a summer
- Investors showed a voracious appetite for risk in August. Last month’s net flows into U.S.-listed ETFs topped $28 billion.
- The Fed’s next big idea: Renaming zero interest rates as moderately low. That should do the trick. A genuine conundrum for the FOMC.
- Take some career advice from successful Wall Street women. Asking yourself: “Why not me? Why can’t I be the person in charge of this or that?”
- Spending the summer spending instead of saving. What was learned versus what was lost. Summer’s over. Time to get back to reality.
Learn more about reprints and licensing for this article.