Friday markets brace for three big reports

Three potentially market-moving reports are out this morning: Employment, personal income and outlays, and consumer sentiment. Consensus expects higher unemployment The majority of economists surveyed by the WSJ believe the Fed will wait until next year to start dialing back its quantitative easing program. Bernanke's legacy to Yellen The European Central Bank's unexpected rate cut is putting a damper on the euro, the year's best-performing major currency. Euro bulls crack Meanwhile, Bitcoin busts overnight move, spiking 17% to $305. One chart tells it all On the flip side, not everyone is buying into the crytocurrency hype. ”Bitcoin is a joke” Like the Affordable Care Act itself, the bloom is off the rose of the once-popular Obamacare ETF (IHF). Up 28.7% YTD, down almost 3% since Oct. 17 With 2013 winding down, all those tax hikes on the rich are starting create big headaches for planners. Tax rates exceeding 50% for some high earners Most Millennials desperately need good financial advice, which they probably are not getting from their parents. Mom and Dad were never taught financial literacy