Investment Managers Optimistic About U.S. Economy and Profit Growth
A Northern Trust survey found that investment managers see growth ahead even as the Fed slows quantitative easing.
PIMCO’s Gross: Fear Not, Bond Investors!
After a losing 2013, Bill Gross lays out a bond strategy he says will produce 3% to 4% returns this year.
Most Fed Officials Backed Tapering of QE
They saw an improving job market coupled with diminishing economic benefits to further bond buying, FOMC meeting minutes show.
House Committee Promises ‘Vigorous’ Oversight of Yellen’s Fed
The House Financial Services Committee plans to hold a series of "aggressive" hearings this year on how to reform the central bank.
Fed to Start Tapering, Easing QE Program
Chairman Ben Bernanke said that further tapering would “be data dependent,” but the Fed would “probably do a measured reduction” at each meeting.
Larry Summers Argues for Easy Money as All Eyes Watch Fed
Summers fears the U.S. is in danger of sinking into a Japan-style stagnation, which, to be pre-empted, requires long-term “unconventional policy support” from the Fed.
Dodd and Frank, Together Again, Defend Their Namesake Law
Appearing together in public for the first time since retiring from Congress, Christopher Dodd and Barney Frank defended controversial aspects of the landmark legislation.
Predictions for 2014: Rodriguez, Fisher, Buckingham, Arnott
Our experts foresee market volatility in 2014—spurred by Washington.
From Doom to Boom (and Back): Grantham Sees Stocks Soaring up to 30%, for Now
Stock market scold Jeremy Grantham expects the U.S. market to soar 20% to 30% in the next year or two—before the next mega-crash, at least.
Yellen: QE Will Continue, but Not ‘Forever’
At her confirmation hearing, Janet Yellen said there were “dangers” in ending quantitative easing too early as well as in “continuing it too long.”