El-Erian to Global Investors: Be Worried (but Don’t Panic)
Mohamed El-Erian, chief economic advisor to Allianz, says the global markets’ tranquility may be misguided and geopolitical risk is "underpriced."
El-Erian: Be Picky on Emerging Market Investing in 2014
The three factors driving EM underperformance last year may not recur, says the PIMCO CEO, but don’t expect a broad recovery.
WSJ Upbeat, Roubini Down on Second Half
Just as the economy is showing signs of emergence from a lethargic recovery, economist Nouriel Roubini is warning Americans to lower their expectations, citing a Philly Fed report out today.
Bordeaux Is Back, Bumping Up Wine Index
The Liv-ex Fine Wine Index has recovered from its November lows, thanks to buyers from China.
Mohamed El-Erian: ‘The IMF Is Right About Greece’
What to do with Greece? A question that will likely be remembered for dominating discussion in 2012.
IMF Says Greece Needs More Time, Possible Debt Reduction
Christine Lagarde and Wolfgang Schaeuble are locking horns over Greece.
Companies Prepare for Greek Exit
Despite the prime minister's about-face from austerity opposition to austerity enforcer, public sentiment in Germany and Austria is rising against any further help to the beleaguered country.
Germany Doubles Down on Greece
German officials seem to be backing away from earlier hints that leniency would be possible toward Greece on complying with the budget constraints of its bailout package.
Bank of England Implicated by Barclays in Libor Fixing
Documents released by the bank indicate that he may have been given tacit approval by Paul Tucker, deputy BoE governor, to adjust Libor rates to be more in line with other banks after Whitehall expressed concern lest Barclays appear to be in trouble.
Reports of ‘Death of Equities’ Greatly Exaggerated: DFA
Dimensional Fund Advisors vice president Weston Wellington found something awfully familiar about a recent article in the Financial Times.