Bill Gross thinks Fed, ECB are ‘casinos’ printing money
Bill Gross has never hidden his dislike for central-bank stimulus. But in his latest investment outlook, the bond guru doubled down, calling central banks “casinos” that “print money as if they More...
Bill Gross Predicts 25 Basis Point Interest Rate Rise by June
A policy statement from the U.S. Federal Reserve indicates a “patient” approach to raising interest rates; Janus manager Bill Gross thinks the rise will be 25 basis points by June 2015. The FOMC More...
Fed Chief Janet Yellen Could Drop the Greenspan ‘Put’
While former Fed Chairman Alan Greenspan said the notion of the “Greenspan put” was a “joke, ” current Fed chief Janet Yellen isn’t laughing; she seems serious about raising rates More...
Fed Rate Hike Will Be Taken in Stride, S&P Dow Jones’ David Blitzer Says
Many financial market participants are concerned that when the U.S. Federal Reserve begins raising interest rates, stocks and bonds will plunge and the dollar will soar, wreaking havoc on the economy and More...
Bill Gross: The Good Times Are Over
Bill Gross, the “Bond King” says the best might be over for stocks, and investors should not expect outsized gains in 2015, according to Reuters. The manager of the largest bond fund in the More...
Fed Wants JPMorgan to Go to Pieces
In the depth of the financial crisis, the Federal Reserve encouraged JPMorgan to adopt failed banks, but now the Fed may try to split them up again, according to CNBC. The whole debate of whether JPMorgan More...
Federal Reserve Unlikely to Lift Rates In 2015, Bill Gross Says
The Federal Reserve could find itself challenged to raise U.S. interest rates this year as global growth remains sluggish and inflation subdued, closely watched bond investor Bill Gross said on Monday, More...
Alan Greenspan Not Confident About US Economy
While former Fed Chairman Alan Greenspan said the U.S. economy is healthier than many other economies around the world, “we’re still not doing all that well, ” he told Bloomberg. Greenspan, More...
Goldman Sachs’ Advice On Investing In a High Interest Rate Environment
– While there is disagreement on how soon the Fed will send interest rates higher, there is one thing that is certain; no matter when it will happen, it will happen, and probably sometime in 2015. More...
Jim Cramer: Get Excited about Bank Stocks for 2015, But Not Higher Oil
Banks have been hurt by low interest rates, but that may change in 2015, says Jim Cramer on TheStreet.com. With a robust 5% growth in GDP data the past month, there seems little justification for the Fed More...