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.
As Monetary Cliff Looms, Economist Urges Fed to Increase QE
Influential economist John Makin argues that what the world needs now from the Fed is more quantitative easing to forestall deflationary spiral.
EU Pushes Ahead With Reforms Despite Opposition
Action is progressing on a number of fronts for the European Union even as opposition from countries such as Germany and the U.K. slows progress.
Spain’s Public Debt Soars to New Highs, Smothering Optimism
Optimism over the improving state of the Spanish economy is once again on shaky ground with its public debt burden soaring well beyond governmental forecasts.
Bond Fund Exodus Continues in September
A rough — some would say devastating — few months for bond funds and ETFs just got rougher, according to TrimTabs.
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.
At Midyear, Bob Doll Judges His Top 10 Predictions for 2013
By Bob Doll's own accounting, the Nuveen chief equity strategist got five predictions right and three wrong, and two are still too early to call.
Roubini and Bremmer Warn of ‘New Abnormal’
Is a new economic crisis that makes 2008 look mild in the offing? Nouriel Roubini and Ian Bremmer argue in a lengthy survey of world gloom that the possibility of such a crisis is ever present.
Nouriel Roubini: The 2013 IA 25 Extended Profile
“2morrow I speak at Long-term Global Trends & Their Implications for the IMF,” Nouriel Roubini recently tweeted, which is typical, since he’s everywhere and seemingly always reacts to the latest financial crisis in real time.