ECB Worried About Fed-Driven Crash
What keeps European central bankers awake at night? Worries about their American colleagues.
60% of Financial Sector Has Government Backing: Richmond Fed
The Federal Reserve Bank of Richmond’s “bailout barometer” says the government's safety net reaches $26 trillion — far beyond U.S. GDP.
4 Midyear Market Trends to Watch: MFS
MFS’ midyear outlook examines the longevity of the current business cycle, the potential interest rate rise, why consumers aren’t spending and investors’ biggest mistake.
Morgan Stanley’s Gorman Defends 25% Pay Raise
The CEO’s $22.5 million salary in 2014 does not put him among the top 10 highest paid in the U.S.
Bill Gross: Bund ‘Short of a Lifetime’ Was Right Trade, Wrongly Executed
The Janus bond manager acknowledges trouble executing his infamous German bund trade but thinks he can get it right next time.
Get Ready for a Decade of 1% Annual Returns: Research Affiliates
Research Affiliates agrees with Larry Summers' argument that the U.S. is facing secular stagnation and years of weak demand and slow growth.
‘Huge, Nasty Morning After’ Coming for Markets: Stockman
The Fed has reflated a bubble, which spells trouble for stock and bonds, former OMB head David Stockman says on CNBC.
Andy Friedman: One Big Date That Could Shake Markets, Tax Code
Four political "forcing events" are coming to a head around a single date, Andy Friedman of The Washington Update says.
GMO: Monetary Policy Is ‘The Greatest Con Ever Perpetuated’
GMO's James Montier chides policymakers for devoting attention to "a make-believe concept" while ignoring a tool that could reignite economic growth.
Many Fed Officials Said June Liftoff Unlikely, Minutes Show
Fed officials last month didn’t expect to raise rates in June even as they concluded that a first-quarter economic slowdown was unlikely to persist.