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Traders Yawn After Fed's "Great Unwind"

Traders Yawn After Fed's "Great Unwind"

One day after the much anticipated Fed announcement in which Yellen unveiled the "Great Unwinding" of a decade of aggressive stimulus, it has been a mostly quiet session as the Fed's intentions had been widely telegraphed (besides the December rate hike which now appears assured), despite a spate of other central bank announcements, most notably out of Japan and Norway, both of which kept policy unchanged as expected.

"Racist" UCLA Professor Claims "Excessive Immigration" Is Hurting American Citizens

"Racist" UCLA Professor Claims "Excessive Immigration" Is Hurting American Citizens

Authored by Toni Airaksinen via CampusReform.org,

University of California, Los Angeles research professor recently slammed the impact of “excessive immigration” on the labor market in a message to the campus community.

Benjamin Zuckerman, professor of Astronomy and president of Californians for Population Stabilization, argued in an essay for The Daily Bruin that immigration, both legal and illegal, has a negative impact on native-born Americans.

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