PIMCO Leaders Address Bill Gross Departure, Big Outflows
Doug Hodge and Daniel Ivascyn admit “iconic” Bond King’s departure was “pivotal,” but PIMCO “narrative is now back to where we’ve always been.”
Brazil’s Petrobras: A Buying Opportunity?
The disappointing choice of Banco do Brasil chief Bendine to head oil company Petrobras has darkened sentiment on Petrobras, Brazil and the Brazilian markets.
Gloomy Gross Sees No Return to Normal in His Lifetime
Janus Capital bond manager Bill Gross says the time has come to take some chips off the table.
Dividend Growth: Europe, U.S. to Overtake Emerging Markets
Dividends paid by emerging market companies have grown at breakneck speed in recent years, but momentum is shifting to Europe and the U.S.
Brazil’s Olympic Stadium Closure Exposes BRIC Nation's Infrastructure Challenge
Fast-growing Brazil has a serious economic impediment: its shoddy infrastructure. The latest case in point: the recent closure of the stadium in Rio de Janeiro meant to be the centerpiece of the 2016 Olympic Games.
If you still have doubts whether or not there is a massive bubble in emerging financial markets, just look at the eurobond market. The JPMorgan...