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By Rich Miller, Bloomberg |
May 15, 2012
Pacific Investment Management Co., which manages the world’s largest bond fund, doesn’t see the European currency union surviving in its present form.
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By Cordell Eddings and Betty Liu, Bloomberg |
April 27, 2012
Pacific Investment Management Co.’s Mohamed El-Erian said lower than-forecast U.S. growth suggests additional monetary stimulus remains on option for the Federal Reserve even though there is no immediate need for action.
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By Shobhana Chandra, Bloomberg |
April 27, 2012
The U.S. economy expanded less than forecast in the first quarter as the biggest gain in consumer spending in more than a year failed to overcome a diminished contribution from business inventories.
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By Alexis Xydias, Bloomberg |
April 3, 2012
Laurence D. Fink, who built BlackRock Inc. into the world’s biggest asset manager, is seeking to spread the firm’s clout to the wider public.
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By Jon Nadler |
March 14, 2012
Gold prices traded as low as just under the pivotal $1,650 support level overnight and they opened with heavy losses that swelled to over $31 an ounce.
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By John Detrixhe and Tom Keene, Bloomberg |
March 9, 2012
The “sanctity” of bondholders’ contracts has been diminished by Greece’s pushing through the biggest sovereign restructuring in history, according to Bill Gross.
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By Jon Nadler |
December 20, 2011
Daily metals update including analysis of gold and silver
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By Daniel P. Collins |
March 24, 2011
Mohamed El-Erian, chief executive and co-chief investment officer of PIMCO, wrote an op-ed piece for Reuters today stating that “the time has come for a ...
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By Daniel P. Collins |
February 15, 2011
The Financial Times reported on Tuesday that Pimco significantly cut its exposure to U.S. Treasuries in its Total Return Fund, the world’s largest bond fund. ...
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By Daniel P. Collins |
January 1, 2011
In this age of corporate and sovereign solvency risk, we correspond with Mohamed El-Erian, co-chief investment officer of PIMCO, the world’s largest bond trader, with more than $1 trillion in assets under management