The Fed is still tweaking its balance sheet unwind

In a process begun in October 2017, the bank is decreasing the size of its bond portfolio, which grew to more than $ 4.5 trillion as part of an effort to drive down mortgage rates and lift economic growth.
Economy

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New Balance Decks out the 574 in Swarovski Crystals

Sneaker purveyor New Balance has teamed up with Swarovski crystals to deck out one of its classic models, the NB1 574. Arriving just in time for the holiday season, the limited edition sneaker is featured in four different colorways of “Rosé,” “Peacock,” Black, and Grey. The Swarovski crystals can be found on the updated “N” logo, while premium leather and suede make up other components of the shoe such as the liner, base collar, and tongue. Each sneaker comes with an extra pair of laces to compliment the crystal color along with a special platinum lace jewel, shoe bag, and bespoke box.

These special 574s are exclusively available over NB1 customization platform in the US, Europe, China, Canada, Japan and NewBalance.com for $ 300 USD per pair.

For more sneaker news, Nike officially introduces the 2018 Doernbecher Freestyle Collection.

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WATCH: World News 11/04/18: Many Highly-contested Races Will Determine the Balance of Power in the House and Senate

Hero used a broom to fight gunman during Tallahassee yoga class killing; Family reunites after nearly a century and an ocean apart
ABC News: World News Tonight

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China says must balance stable growth and risk prevention

China must balance the need for stable growth while managing risks and maintain a prudent and neutral monetary policy, the State Council, the country’s cabinet, said on Sunday following a meeting of top economic and financial policymakers.


Reuters: Business News

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Disruption makes startup investors balance caution against fear of missing out

A new study finds that fear of missing out motivates investors to give money early to startups with a disruptive vision. However, those backers are reluctant to invest too much in unproven ideas that might not take off. In other words, disruptive startups are more likely to raise money, but they receive smaller amounts than less-threatening ventures.
Consumer Behavior News — ScienceDaily

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