Marketplace for Wednesday March 19, 2014
Qunatitative easing is on its way out, interest rates are still basically zero. The only thing the Fed has left is words -- specifically, a thing called “Forward Guidance”. Also: News media are going to extreme lengths to cover the mystery of Flight 370 – or at least, get a slice of the audience pie. Extreme lengths – like doing stories like this one. Finally: The U.S.’s current account deficit is at its lowest point in 14 years.