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A 'casino' economy: What you need to know on Wall Street right now

Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. To sign up, scroll to the bottom of this page and click "Get updates in your inbox," or click here. Legendary bond investor Bill Gross released his monthly outlook for October on Tuesday and again compared the world's central banks to a dangerous game — this time blackjack. He called the world's largest central banks "martingale gamblers without a purse," referring to the strategy in which a gambler in a casino will eventually win if he or she continually increases the size of his or her bets with each loss, unless he or she goes completely broke first.
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