Cash Is King, Say BlackRock’s Doll and Fidelity’s Soviero
By Joyce HansonAs corporations sit on mountains of cash, equities just might outperform bonds despite all the current craziness in the stock markets, said a group of portfolio managers at a Fidelity Investments forum.
September 23, 2011
Greek Default Looms; Markets Hold SteadyMarkets around the world steadied on Friday in Europe, despite rumors of an imminent Greek default.
September 20, 2011
China Stops FX Swaps With Some European BanksBank of China and another Chinese bank have stopped interest rate swaps and foreign exchange trading with a number of foreign banks, reducing their exposure to the euro zone.
September 14, 2011
August Market Volatility: ‘Ordinary,’ Says VanguardThe S&P tends to move less than 1% per day, though it moved 2.5% per day for most of last month.
September 14, 2011
Moody's Downgrades 2 French BanksMoody's Investors Service cut the ratings of two French banks on Wednesday, citing their holdings of Greek sovereign debt as the reason. Crdit Agricole and Socit Gnrale were both downgraded a single notch.
September 14, 2011
DoubleLine: Greece Remains 'Biggest Problem' in Emerging MarketsJeffrey Gundlach's firm's take on emerging markets: growth projections down, but still higher than developed markets. Markets increasingly concerned on Greek liquidity.
September 09, 2011
Plan to Rescue German Banks Stokes Fears of CrisisNew German government plans to rescue its banks and insurers sent the clearest signal yet that a European banking crisis could be imminent.
September 09, 2011
‘Gold Is Dirt Cheap,’ Says Investment Guru Marc FaberInvestment guru Marc Faber is bullish on gold, noting that market volatility should continue given low interest rates and the U.S. government's eagerness to print money.