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Ray Dalio, founder of Bridgewater Associates, joins Yahoo Finance editor-in-chief Andy Serwer to discuss his new book, "Principles," his assessment of Janet Yellen's performance as Federal Reserve Chair, and the trajectory of current monetary policy.
The Fed's monetary policy announcement should address the path of interest rates, the plan to unwind the balance sheet, and expectations for the economy.
According to the report from Markit Economics, the August US Services PMI (purchasing managers’ index) report showed a strong improvement in the US (SPY) (QQQ) (VFINX) business climate.
The Nasdaq and related ETFs have been among the better performers in U.S. markets in 2017 as investors shifted to growth stocks in an ongoing bull market rally. The PowerShares QQQ (NasdaqGM: QQQ), which ...