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Wall St treads water as Boeing, Facebook weigh; Fed meeting on tap
Ryan Nauman, VP, Product and Market Strategist at Informa Financial Intelligence was quoted in Reuters discussing investors reaction to the Fed, the news around Boeing, as well as Facebook, with Shreyashi Sanyal.
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“For portfolio investors, [portfolio flows] data from… EPFR… have a powerful appeal. According to one strategist, 'it is almost a crutch – they want to know the data, just because this is their business.'” –Source: Flows have powerful appeal, even as picture of the past, Financial Times
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