El-Erian Opens Up on PIMCO Departure, Gross
Meanwhile, Bill Gross is "desperately trying" to bring the focus back to business, an expert says.
Banker Deaths Worry Industry as Coroners Probe
London coroners are preparing to investigate two apparent suicides as unexpected deaths around the world have raised concerns about mental health in the finance industry.
Roubini: Fear of Bond Market Rout Is Overblown
The normally gloomy Nouriel Roubini sees a good year ahead, particularly in stocks, but he warns of huge risks lurking thereafter.
Independent Scotland Would Seek to Keep Pound; London Says No
A vote for independence from the U.K. in Scotland scheduled for September could pave the way for a new currency.
PIMCO’s Gross: Fed Playing a ‘Dangerous Game’
Bill Gross explains PIMCO’s outperformance through an approach that doesn’t fight the Fed, but rather deflects its easy-money approach through a retreat from risk.
Strong U.K. GDP Reinvigorates Interest Rate Debate
Will the Bank of England raise interest rates sooner rather than later?
Gold Gets Blamed for Record Commodity ETP Outflows
A sharp decline in the price of gold and large outflows from gold ETPs caused commodity ETP assets to drop to their lowest level since Q2 2010, says ETF Securities.
Upbeat Jobs Report Signals Quicker QE Tapering
With jobs growth averaging 200,000 a month this year, BlackRock’s Rieder, LPL’s Canally and more predict Fed tapering could begin as early as September.
Why Axel Merk Owns Gold
Because the road to hell — a road stretching from the Fed to the Eurozone to the U.K. to Japan — is paved with good intentions, he says.
Fed’s Fisher Tempers ‘Taper Tantrum’ Talk
The Dallas Fed president employed his usual folksy metaphors to describe investor behavior, comparing them to wild pigs.