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.
Quick QE Exit Unlikely, but Do Get a Bond Haircut: PIMCO, Loomis Sayles
"A bond and equity investor can choose to play with historically high risk to principal or quit the game and earn nothing,” says PIMCO's Bill Gross.
Niall Ferguson: 4 Reasons America Is Falling Apart
Niall Ferguson, a conservative Harvard professor equally at home in the sweep of civilization as the history of finance, explained to an audience of investment professionals how it is that much of the world is growing while the U.S. is slowing.
Currency Manager Merk on Cyprus and Why PIMCO’s El-Erian Is Wrong
Merk doesn’t buy the PIMCO chief's argument that time will heal the crisis.
In Reversal, Gundlach Bullish on Treasuries
The famed money manager has reversed his once-bearish stance on government debt.
Britain Flirts With Triple-Dip Recession Scenario
Triple dip? No, it’s not a fancy ice cream cone, but the situation Britain found itself facing in late January. The tight purse strings of a failed austerity program in the U.K. have caused the British economy to flirt with a triple-dip recession.
Roubini: Sequester Could Mean Another Downgrade
Perma-pessimist Nouriel Roubini says that despite efforts to downplay the effects of the coming automatic spending cuts, the impact will be significant.
BRIC Inventor O’Neill Checks Out Early From Goldman Sachs
O'Neill, who coined the term 'BRIC' to describe the emerging-markets juggernaut of Brazil, Russia, India and China, surprised the asset management world with his early retirement.
Sallie Krawcheck: Top 10 Reasons It’s Bad to Pay Bankers in Stock
Krawcheck says it’s time for large banks’ boards to come up with new payment strategies for executives, such as bonds, “which are fundamentally risk-discouraging.”