Grantham: ‘Next Bust Will Be Unlike Any Other’ Thanks to Fed
Jeremy Grantham, co-founder of GMO, called out the Fed for interfering with the economic recovery.
Lord Abbett’s Ezrati: Economy Not as Grim as It Appears
The market strategist said that “while there is very little good news to talk about in a historical sense,” the problems faced by the world economy were priced-in already and those problems were unlikely to escalate.
PIMCO’s El-Erian: ‘Bumpy and Volatile’ Week Ahead
Plunging European markets and a loss of control by the European Central Bank over the sovereign bond market in the euro zone foretell a difficult post-Labor Day market in the U.S., said PIMCO's Mohamed El-Erian in a commentary on Monday.