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By Justin Pugsley |
May 17, 2013
Central banks saved the world with unconventional monetary policies such as quantitative easing, which at the very least stopped the banking system from collapsing, but according to the IMF it's a policy that might be approaching its sell-by date.
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By Stefan Riecher, Bloomberg |
May 13, 2013
Euro-area data this week will probably reveal economic scars of the sovereign debt crisis confirming that the region is now suffering the longest recession since the single currency’s creation.
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By Daniel Kruger and Liz Capo McCormick |
May 12, 2013
Wall Street’s biggest bond dealers are forecasting that the U.S. Treasury will reduce the size of its debt auctions in coming months.
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By Simon Kennedy and Rich Miller |
May 12, 2013
America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach.
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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 Jennifer Ryan and Ian Katz, Bloomberg |
May 10, 2013
U.S. Treasury Secretary Jacob J. Lew said European policy makers are still falling short in efforts to revive their economy, intensifying pressure on them to further ease their budget-cutting.
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By Craig Torres, Bloomberg |
May 10, 2013
Federal Reserve Chairman Ben S. Bernanke said risks persist in wholesale funding markets used frequently by Wall Street brokers to finance securities trading.
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By John Caiazzo |
May 2, 2013
You cannot be happy about creating 150,000 (quality doubtful) jobs in a month while “losing” 350,000 weekly or 1.2 million during the same period.
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By Matthew Brown and Whitney Kisling, Bloomberg |
April 29, 2013
Stocks climbed, with the Standard & Poor’s 500 Index returning above its record closing level, after U.S. home sales increased and investors speculated central banks will continue to stimulate the economy.
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By John L. Caiazzo |
April 28, 2013
A level of skepticism pervades the global marketplace as economic and geopolitical events are largely set aside in favor of "irrational exuberance."
