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U.S. equities got off to a sour note this week as the federal government shutdown and looming debt ceiling concerns weighed heavily on the markets. After the CBOE’s volatility index spiked 4.8% on Monday, stocks got a slight reprieve after the White House announced that Janet Yellen–a staunch proponent of easy-money policies–would be nominated as the next Federal Reserve Chairman. On Wednesday, markets turned higher after signs of lawmakers coming closer to a deal helped ease tensions; House Republicans unveiled a six-week debt-ceiling increase, which would act as a temporary fix to the nation’s looming debt deadline. Meanwhile, bellwether Alcoa kicked off the third quarter earnings season, reporting earnings that exceeded analysts’ expectations .



Below, we highlight seven insightful articles circulating around the financial space this week:

  1. Who we owe – foreign holders of U.S. Treasuries visualized (CNN Money)
  2. How rail is reshaping our energy system (Open Markets)
  3. Don’t expect any surprises this earnings season (Dr. Ed’s Blog)
  4. Wall Street’s forecasters have a lousy track record (Above The Market)
  5. 5-year anniversary of the synthetic economy (William Blair)
  6. Living in a low return world (Abnormal Returns)
  7. A closer look at the next Fed Chairman (Institutional Investor)
Follow me on Twitter @DPylypczak.

Disclosure: No positions at time of writing.

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