El-Erian: Fed to Hike Rates in September
The impending tightening of monetary policy, the economist says, will be "the loosest tightening in the modern history of central banking."
Gundlach: Bond Market Is Wrong to Predict Rate Hike This Year
DoubleLine CEO Jeffrey Gundlach puts the odds of an interest rate hike before the end of the year at less than 50%.
IRS Deadlines Loom for Taxpayers With Offshore Accounts
IRS reminds taxpayers of important June deadlines for FATCA and FBAR filings.
Top Portfolio Products: Hancock, Russell Add New Funds
Plus, T. Rowe Price closes health-sciences fund to new investors.
PIMCO Outflows After Gross’ Exit ‘Staggering’: Morningstar
Institutional outflows remain an issue for the fixed-income shop, according to the research firm.
Dudley Says Fed Still Likely to Raise Interest Rates in 2015
U.S. central bankers are still likely to start raising interest rates this year if the labor market improves further, the New York Fed president said.
Apple Is the New Pimco, and Tim Cook Is the New Bond King
Tech companies hoarding cash have become big fixed income players, going after investment-grade offerings.
IMF Urges Fed to Delay Rate Hike
The Fed should hold off on raising interest rates until the first half of 2016, the IMF said as it cut its U.S. growth forecast.
Advisors Still Favor Active Management, but Preferences Are Shifting: Practical Perspectives
Of the 40% of surveyed advisors who changed allocations, most did so by increasing their use of passively managed investments, Practical Perspectives found.
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.