Concern over Syria and the tapering of the Federal Reserve’s stimulus snapped a seven-session success streak for the S&P 500. “It shouldn’t be too surprising to see a modest pullback after the strong moves we’ve seen so far this month,” Ryan Larson, the Chicago-based head of U.S. equity trading at RBC Global Asset Management (U.S.) Inc., said. “With data light over the next several sessions, potential headlines regarding Syria and the much anticipated FOMC meeting next week will garner much of the attention.”
“It's easier to prepare than to predict.” -- Hank Brock
I gave my first talk about the 9/11 terrorist attacks yesterday at the New York City chapter of the American Association of Individual Investors (AAII). I moved to New York only a week before the 9/11 attacks in 2001 to become the new president of the Foundation for Economic Education (FEE) and witnessed firsthand the collapse of the Twin Towers. My first job as FEE president was to decide whether we
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