Does anyone think history is repeating itself far too often in the past couple of weeks? Another announcement from “The Bernank” alters the markets, Congress is once again bickering over the budget, and the media is speculating how it will affect GPD and quarterly returns. In managed futures space, the only noticeable move was in Wheat quietly moving up 6% this week (past performance is not necessarily indicative of future results). Outside of the markets, some members of the Attain team had the pleasure of attending the Alternative Investments Conference here in Chicago (our coverage here), and we called out the malaise of managed futures in our most recent newsletter for its current drawdown period (past performance is not necessarily indicative of future results). We even got a response from one of our readers, with a nice chart. Happy Friday, and enjoy some weekend reads.

• CFTC Said to Plan October Votes on Client Funds and Speculation – (Bloomberg)
• The Journey of ‘Taper’ From Old English to the Fed – (The Wall Street Journal)
• Don’t feel bad, the pros can’t managers either – (The Reformed Broker)
• Commodity Trading Advisors, puzzled by Fed, head for third year of losses – (Reuters)
• Federal Debt Held by the Public under CBO’s Long Term Budget Scenarios – (Zerohedge)

Just for Fun:

• Yearbook Photos of Wall Streeters – (Business Insider)
• Breaking Bad Dead or Alive Pick ‘Em Sheet – (Twitter)
• The Privilege Tournament – (Gawker)