Bill Gross on Bernanke

The Federal Reserve has done a "masterful" job of keeping global markets relatively quiet, which for investors means stocks and bonds are unlikely to change much in the coming months, Bill Gross, Pimco’s co-chief investment officer, told CNBC Wednesday.

“What the Fed (learn more) has done, rather masterfully, in terms of asset markets, is to suppress volatility".

Confidence Falls Most Among High-Income Consumers

The Conference Board‘s consumer confidence index dropped to 39.8 in October, a level more commonly seen during recessions than recoveries that are more than two years old.

Economists had expected the index to rise slightly.

All American Investor

Small Investors Flee Stock Market

From -- In Striking Shift, Small Investors Flee Stock Market.

Renewed economic uncertainty is testing Americans’ generation-long love affair with the stock market.

Investors withdrew a staggering $33.12 billion from domestic stock market mutual funds in the first seven months of this year, according to the Investment Company Institute, the mutual fund industry trade group. Now many are choosing investments they deem safer, like bonds.