
What I'm reading this morning:
- Liz Ann Sonders: "The lack of a rate hike was not the big surprise, but the still-dovish accompanying statement was." (Charles Schwab)
- Larry McDonald represents the "Fed is Trapped" camp today (Forbes)
- Greggy on the S&P 500's failed move (Dragonfly Capital)
- It's official: The US government is regulating Bitcoin as a commodity (Bloomberg)
- Investors seeking to emulate the Yale model forget about the fact that university endowments don't pay taxes (ETF.com)
- BAC's Brian Moynihan: “Let me assure you, if the revenue environment weakens or interest-rate structures don’t move up and the economy slows down, we’ll have to take out more costs” (Wall Street Journal)
- Noah Smith: The story behind the emerging market meltdown (Bloomberg View)
- Global X Guru ETF lands a coveted five-star Morningstar rating (ETF Trends)
- The color trend of the season and how to wear it (GQ)
- Ritholtz Wealth Management Celebrates Second Anniversary with a Reward for its Clients (PR Newswire)