Investors are on standby for historic Fed decision
Markets are relatively flat as investors wait for key decisions from the Federal Reserve. Yahoo Finance’s Alexis Christoforous, Jared Blikre, Rick Newman, Jen Rogers, and Michelle Girard of NatWest Markets discuss the big stories of the day.
Today’s topics:
Investors brace for Fed’s unwinding of $4.5 trillion portfolio
How will the Fed’s move impact bull market?
Hurricane Maria pummels Puerto Rico
General Mills crushed on earnings and sales miss
Bed Bath and Beyond misses estimates, cuts outlook
FedEx lowers guidance, cites cyber attack and Harvey
American Outdoor Brands jump on Trump plan
Trump used campaign & RNC funds to pay for lawyers: RPT
Amazon is developing ‘smart glasses’: FT
Amazon accidentally sends baby registry gift notices to people not expecting
TWITTER POLL:
Should a president be allowed to use campaign funds to pay for legal expenses?
-Yes
-No
-I’d do it pro-bono