Links: 2013-11-06

Markets
How Frothy Is the Nasdaq? - WSJ.com
"The Nasdaq Composite Index is up 38% since last November. "
Bubbles, Bubbles Everywhere | The Big Picture
 
Federal Reserve
Fed’s Rosengren: Aggressive Policy Needed for Some Time to Come - Real Time Economics - WSJ
Fed Forward Guidance Proves Effective, NY Fed Research Says - Real Time Economics - WSJ
Fed’s Williams: Jobs Growth a Key Question for Bond-Buying Program - Real Time Economics - WSJ
Fed could be about to make a major policy change
"According to an analysis from Jan Hatzius, chief economist at Goldman Sachs, the two Fed papers actually would imply an earlier reduction of QE than planned—perhaps as soon as December—while the zero-bound interest rates could remain in place until 2017 and kept below normal into "the early 2020...


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