World Economy Stabilizes in ‘Great Moderation 2.0’: JPMorgan
Low market volatility and minimal employment variability means good news for equities, a JPMorgan analyst says.
Old Normal Returns as PIMCO Sees ‘New Destination’ for U.S. Growth
PIMCO’s Bill Gross sees a good year ahead. The bond firm's new leaders say stagnation is not the new norm, and a passle of economists agree.
U.S. Jobs Surprise: Unemployment Rate Falls to 8.6% From 9.0%
The unemployment rate dropped partly because of the large number of discouraged job seekers who have left the workforce.
Recession Priced Into Treasuries, as Yields Near Historic Lows
Investors’ flight to safety into U.S. Treasuries (despite the recent S&P downgrade) has driven yields toward historic lows and has market participants pricing in a recession, say market watchers such as Brent Burns of Asset Dedication.
Unemployment Rate Drops to 9% but Job Gains Muted
The unemployment rate dropped sharply last month to 9.0% from 9.4% based on a government survey that found that more than a half-million people found work, but a separate survey of company payrolls showed a scant increase of 36,000 net jobs.
A ‘Secular’ Bull Market for Women and Wealth, Say BofA-Merrill Economists
New report suggests that a ‘long on women’ investing approach will benefit companies that cater to women.