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By Paul Cox, Bloomberg |
May 10, 2013
Pacific Investment Management Co.’s Bill Gross wrote in a message on Twitter that the 30-year bull market for bonds “likely ended” on April 29.
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By Inyoung Hwang, Bloomberg |
May 6, 2013
Most U.S. stocks rose, as the Standard & Poor’s 500 Index extended its record level, following data last week that showed American employers added more workers than forecast in April.
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By Margaret Collins and Noah Buhayar, Bloomberg |
May 6, 2013
Warren Buffett, chairman of Berkshire Hathaway Inc., said he ignores macroeconomic forecasts such as Bill Gross’s “new normal” when investing and sympathizes with people who stuck with bonds amid low interest rates.
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By Emma Charlton and Lukanyo Mnyanda, Bloomberg |
April 24, 2013
The euro’s 25% jump against the yen over the past six months underscores the rising pressure on European Central Bank President Mario Draghi to cut interest rates as the region’s exporters lose out to Japan.
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By Joseph Ciolli, Bloomberg |
April 5, 2013
The dollar declined to the lowest level in more than a week against the euro after U.S. employers added fewer jobs in March than forecast, fueling speculation growth in the world’s biggest economy is slowing.
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By Alexis Leondis, Bloomberg |
April 5, 2013
Pacific Investment Management Co.’s Bill Gross, manager of the world’s biggest bond fund, said the U.S. economy won’t expand more than 2% this year even with one or two quarters of faster growth.
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By Brendan Murray and Scott Lanman, Bloomberg |
April 5, 2013
After watching Ben S. Bernanke take unprecedented steps for four years to rebound from the worst recession since the Great Depression, the Bank of Japan is signaling that the Federal Reserve’s full-throttle approach to stimulus is the way to end 15 years of deflation.
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By Stephen Kirkland and Jason Clenfield, Bloomberg |
March 18, 2013
The euro weakened to its lowest level this year, while stocks and commodities slumped, as an unprecedented levy on Cyprus’s bank savings threatened to throw Europe back into crisis.
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By Susanne Walker, Bloomberg |
March 15, 2013
Treasuries rose for the first time in three days after an unexpected decline in a gauge of U.S. consumer confidence cast doubt over the strength of the recovery in the world’s biggest economy.
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By Joseph Ciolli and John Detrixhe, Bloomberg |
March 8, 2013
The dollar gained versus the yen to the highest level since 2009 as U.S. employers added more jobs than forecast last month, boosting optimism the economy is withstanding higher taxes and lower government spending.
