Ritholtz's Reads: Five Fed Meetings That Shaped Markets

Barry Ritholtz is a Bloomberg View columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He blogs at the Big Picture and is the author of “Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.”
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Well, Fed day is finally here, and quite frankly, I find the whole will-it-or-won't-it reminiscent of a bad rom-com. Instead, try some of our fresh-brewed, full-bodied morning train reads: 

• Failure of the BRICS reveals the folly of snazzy acronyms (Telegraph

• The Commoditization of Markets -- Part 2 (Forbessee also Too Many Maybes (Irrelevant Investor

• Not All Interest Rates Are Created Equal (A Wealth of Common Sense

• Five Fed Meetings That Shaped the Markets (MoneyBeatsee also How the Fed’s Most Important Message Became Enshrined in Dots (Bloomberg

• 4.4 Million U.S. Properties Remain in Negative Equity (World Property Journal

• The proper response to a sovereign downgrade by a major credit rater is: “Who cares?” (Bloomberg View

• Ride-Hailing Startups Discuss Global Taxi Alliance Against Uber (Buzzfeed

• Why drug prices remain insanely high (Marketwatch

• Jeb Is Not the Bush You Think He Is: More ruthless, more conservative, and possibly more appealing to Latinos than Marco Rubio (New York magazinesee also How To Evaluate The Economic Records Of Governors Who Want To Be President (FiveThirtyEight

• Why the Arctic’s Big Mosquito Problem Is Getting a Lot Worse (National Geographic

• The TV commercials of my childhood were very, very wrong about me (The Week)  

Low Interest Rates Have Forced Asset Managers to Waive Billions of Dollars in Fees

 Source: WSJ

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

To contact the author of this story:
Barry L Ritholtz at britholtz3@bloomberg.net

To contact the editor responsible for this story:
James Greiff at jgreiff@bloomberg.net