Its FOMC day — perhaps the first one in a long time where the outcome is not preordained. Until 2pm, some reads to keep you informed and entertained:
• A simple way to beat the market with stock splits (MarketWatch)
• The Fed can takes its time, if it wants to (FT Alphaville) see also 5 Things to Watch at This Week’s Fed Meeting (WSJ)
• Big Returns, Big Volatility (Irrelevant Investor)
• Asness: Hedge Funds Oughta Hedge (AQR)
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