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By Debarati Roy, Bloomberg |
May 6, 2013
Hedge funds increased positions on a gold rally by the most in three weeks as central banks signaled no end to economic stimulus, driving prices higher just as analysts and traders turned the most bearish in three years.
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By Tony C. Dreibus, Bloomberg |
April 15, 2013
Hedge funds and other speculators added to bullish gold bets as the metal slumped into a bear market and Goldman Sachs Group Inc. warned the retreat is accelerating after the longest rally in nine decades.
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By John Brynjolfsson |
March 5, 2013
A Chinese proverb, which could certainly be applied to the examination of monetary policy, advises: “if you want to know what the water is like, don’t ask the fish.” I take this advice to heart, as it fit my approach to life—step back and look at the big picture from...
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By Matthew Brockett, Bloomberg |
December 6, 2012
The European Central Bank cut its economic and inflation forecasts and President Mario Draghi said weakness will persist into next year, leaving the door ajar for further interest-rate cuts.
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By Anthony Lazzara |
October 30, 2012
Gold futures have had a substantial sell-off in October, travelling downward almost $100. A solid support level looks to be $1,700.
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By Liz Capo McCormick, Bloomberg |
October 3, 2012
The Federal Reserve’s promise to hold borrowing costs at record lows into 2015 risks a loss of its credibility and a downward spiral in financial markets, according to the Center for Financial Stability.
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By Press Release |
October 2, 2012
Fed Chairman Bernanke discussed what the Fed is and what it's role is in the question-and-answer format speech he gave yesterday at the Economic Club of Indiana.
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By Allison Bennett and Inyoung Hwang, Bloomberg |
September 5, 2012
The euro and Spanish 10-year debt advanced on the European Central Bank’s plan to buy bonds, while most U.S. stocks fell as FedEx Corp. cut its profit forecast and reports showed economies were slowing more than anticipated.
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By Jana Randow and Jeff Black, Bloomberg |
September 5, 2012
European Central Bank President Mario Draghi’s bond-buying proposal involves unlimited purchases of government debt that will be sterilized to assuage concerns about printing money.
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By Joseph Stuber |
August 29, 2012
Federal Reserve Chairman Ben Bernanke’s testimony to the Senate Banking Committee on July 17 should have scared the hell out of us, but apparently it didn’t.