Dallas Fed’s Fisher: U.S at Risk of Overprescribing ‘Monetary Ritalin’
Fisher’s comments come in response to the Federal Reserve Bank of Boston president’s call for more stimulus.
BlackRock’s Fink: U.S. Politicians ‘Snoring Away’ on Europe, Economy
Fink says no full recovery in United States until 2014; adds that the resignation of Barclay’s Diamond is “sad for me.”
Fear and Yogurt in Greece: Where to Invest Now That Votes Are Cast
Greece’s election results are in, and now investors are voting on where they want to put their money. Here's advice from PIMCO's Bill Gross, Wells Fargo and more.
Spain Accepts Bailout
Spain accepted a bailout Saturday for its financial sector, and Italy stepped up into the spotlight over concerns that it may be the next country to request aid.
PIMCO’s Gross, El-Erian on Sour Economic News: Avoid Europe, Leaders Losing Control
PIMCO’s leaders reacted to the dour economic news of the past few days, highlighted by the third straight disappointing jobs report on Friday.
Bull Kiesel, Bear Shilling Clash Over Housing
"If housing goes down 20%, I will back up the truck and likely PIMCO will, too," Kiesel says. Shilling predicts "recessionary kinds of things" in the next three to four years.
IMF’s Lagarde: ‘There Are Clouds on the Horizon’
IMF managing director said that she expects more contributions on top of the $320 billion raised
It’s Beginning to Look a Lot Like 2011
Echoing warnings by the hedge fund manager George Soros and the WTO, the Financial Times points to similarities in market moves over the past three years.
PIMCO’s El-Erian Cautious on Markets, Jobs and Earnings
“What Friday’s disappointing employment tells us,” El-Erian said, “is that it is too early to declare that the U.S. economy is self-sustaining in terms of high growth.”
Bill Gross Talks QE3, PIMCO’s New ETF
PIMCO founder and co-CIO Bill Gross spoke with Bloomberg Television's Margaret Brennan Wednesday, telling her the Fed will likely shift focus to mortgage securities to keep borrowing rates low when Operation Twist ends in June.