Fed Officials Saw Waning Gains From Bond Buying, Minutes Show – Bloomberg 01-08-14

Salient to Investors: A majority of FOMC participants in December judged that the marginal efficacy of purchases was likely declining as purchases continue and worried about the marginal cost of additional asset purchases arising from risks to financial stability, citing the potential for excessive risk-taking in the financial sector. Michael

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Boomers as Retail Clerks Shows Why Greenspan Saw Low Growth Era – Bloomberg 12-18-13

Salient to Investors: Expanding populations fueled global prosperity with both workers and consumers but global aging threatens to cause chronically weak economic growth, a more volatile international economy and the risk of a new financial crisis triggered by innovative investments dubbed “death derivatives.” Rob Arnott at Research Affiliates said our

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