Gloom overshadows Wall Street, but some economists still see a September rate hike
Breakfast with Benjamin: Despite the mood on Wall Street getting downright gloomy, some economists still think the Fed will raise interest rates next month.
- The mood on Wall Street is getting downright gloomy. The worst declines since 2011. Meanwhile, there are some economists who still believe the Fed will be able to raise interest rates next month.
- The SEC has jumped on the pay-ratio bandwagon. Now what? ‘A chink of light in a cloudy subject’
- Better brace your clients for a new way to pay for healthcare expenses, because Obamacare’s dreaded Cadillac Tax might signal the end of flexible spending accounts. If you like your flexible spending account, you might not be able to keep it
- Marijuana tourism keeps on truckin’. No significant investment angles yet, but that has to come eventually, right? Compelling reasons to visit Colorado, Washington, Oregon, Alaska, and the District of Columbia
- In the category of Hillary fading into the background: The fledgling Joe Biden presidential run has already drawn the support of at least one hedge fund. Could be a blessing, or could be a curse. ‘I would raise money for him and I would give it to him personally’
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