The Fed’s QE sleight of hand: Please ignore that $4.5T balance sheet
Breakfast with Benjamin - The Federal Reserve's QE sleight of hand, cheap oil's winners and losers, Schwab bringing advisers premium Morningstar access, and more.
- The Fed’s dirty little secret: Tapering might end this month, but there’s no end in sight for quantitative easing. Pretending the U.S. economy is getting stronger doesn’t make it so. A $4.48 trillion balance sheet takes on a life of its own
- Doing the global math on cheap oil. A mark in the win column for the world economy, but a closer look highlights some sore spots out there, including the U.S. shale boom.Enjoy it while it lasts
- Schwab’s licensing agreement with Morningstar offers advisers and individual investors backdoor access to some premium-level research. Sweetening the pot for custodying assets at Schwab
- Just when you thought the Ebola media hype was winding down, a doctor tests positive for the virus in New York. Brace yourself for another wave of analysis, fear, and misinformation, all before the first commercial break. Ebola hysteria, the Big Apple way
- In terms of retirement savings goals, $1 million is still a pretty good target. But, as always, the devil is in the details. Here’s how you would have done if you retired in 2004
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