Fewer traders have bearish outlook heading into 2014
According to data captured in Charles Schwab’s most recent Trading Services Sentiment Survey, only 10% of traders say they have a bearish outlook for the next three to six months.
SEC may target exchange-traded notes next in push to simplify
A regulatory push to make complex securities easier to understand could change how banks disclose risks for exchange-traded notes for the first time since they began trading in 2006.
Dollar rises to five-year high against yen
The dollar strengthened to a five year high against the yen on optimism U.S. economic growth will outperform Japan’s next year.
Most analysis—I believe correctly—targeted the September meeting as the start of the taper. But in between there were two extremely poor unemployment reports. Just after we had a government shutdown and a threat of default on our debt.
