Gundlach: Even Odds of 3rd Rate Hike; Trump Being ‘Rope-a-Doped’
For some market players, it makes sense to move to cash, the DoubleLine executive says, reiterating the bumps he sees ahead.
Is Fed Rate Hike Imminent?
All eyes are on Washington as Janet Yellen and her colleagues gather to discuss interest rates and the economy.
US Has Until at Least September to Lift Debt Cap, Analysts Say
Treasury Secretary Mnuchin said Friday the government has “backup plans” if Congress doesn’t raise the cap before lawmakers leave for August recess,
Trump Administration to Call for Modest Changes to Banking Rules
But it's still expected to target the Consumer Financial Protection Bureau and Volcker Rule.
SIFMA Economic Panel Trims Outook for Growth, Inflation
The panel now expects GDP will grow 2.1% this year while inflation rises 1.8%.
Prophets of Doom With Too Much Gloom
Bill Gross and Paul Singer may be right that another crash is coming, but their prognostication sounds more like wishful thinking than objective analysis.
Puerto Rico Strikes Deal With Development Bank's Bondholders
The governor's office says creditors of the insolvent government development bank have agreed to accept losses in exchange for new securities.
The Emergence of Impact Debt
A new kind of impact investment could encourage the risk-averse capital that’s been sitting on the sidelines to finally get in the game.
Fiduciary Rule Readiness Check: June 9 Effective Date
With the DOL fiduciary rule applicability date now here, it is crucial that advisors understand what that actually means.
What’s Keeping These 4 Fixed Income Managers Up at Night
According to Schroders’ fixed income team, unraveling QE is one major concern.