Economy

SEC announces pilot program to expand tick sizes for small-cap trades

SEC announces pilot program to expand tick sizes for small-cap trades

The SEC on Tuesday announced a one-year pilot program to widen minimum tick sizes for small-cap stocks.

August 26, 2014 | 05:46 pm

Moody's: Market gains lead to positive growth for pure-play managers

The aggregate assets under management of 14 pure-play money managers reviewed by Moody's Investors Service totaled $10.13 trillion as of June 30, up 3.6% from March 31, said Moody's quarterly update.

August 26, 2014 | 04:10 pm

CFTC appoints new secretary

Christopher J. Kirkpatrick was named secretary of the Commodity Futures Trading Commission.

August 25, 2014 | 02:14 pm
Yellen facing hard call on when labor market has healed

Yellen facing hard call on when labor market has healed

Federal Reserve Chairwoman Janet Yellen said she still isn't satisfied with the U.S. labor market. Deciding when she is won't be easy.

August 22, 2014 | 03:44 pm
High-speed traders enlist former CFTC commissioner to improve image

High-speed traders enlist former CFTC commissioner to improve image

Former U.S. Commodity Futures Trading Commission member Bart Chilton, an outspoken critic of some high-speed trading practices while at the agency, has been enlisted in a Washington-based effort to...

August 21, 2014 | 05:08 pm

Fed officials: Job gains might bring faster rate increase

Federal Reserve officials raised the possibility that they might begin removing aggressive stimulus sooner than anticipated, as they neared agreement on an exit strategy, according to minutes of...

August 20, 2014 | 03:20 pm
S&P 500 revenues grow 5.8% in Q2

S&P 500 revenues grow 5.8% in Q2

Bull markets are fundamentally driven by rising earnings, which are driven by rising revenues. Since more companies are doing more of their business on a global basis, the outlook for revenues...

August 14, 2014 | 04:00 pm

Northern Trust: Emerging markets equity to outperform developed markets over 5 years

Emerging markets equities are expected to outperform developed markets equities over the next five years due in part to an expansion in developed markets valuations over the past year, said a report...

August 03, 2014 | 12:00 pm

Bank of England paper examines effect of pension funds on financial system

The Bank of England published a discussion paper looking at the issue of procyclicality in pension fund investment, and at the potential for institutional investors to exacerbate market peaks and...

August 01, 2014 | 12:47 pm
Inflation protection — better to be safe, not sorry

Inflation protection — better to be safe, not sorry

Sometimes it takes a crisis to make us all realize that, yes, inflation can always be lurking just over the horizon.

July 31, 2014 | 10:14 am
Rerisking without regret

Rerisking without regret

With new actuarial tables threatening lower funding status, pension investors should consider reversing the course of de-risking embedded in their glide paths and increasing their allocation to...

July 30, 2014 | 05:48 pm

FOMC continues tapering, low rates

Members of the Federal Open Market Committee voted Wednesday to continue tapering their bond-buying program, dropping to $25 billion in monthly purchases from $35 billion in June. Information...

July 30, 2014 | 03:38 pm
 Barclays wants dark-pool lawsuit dismissed

Barclays wants dark-pool lawsuit dismissed

Barclays on Thursday filed a motion to dismiss a lawsuit that claims the bank misled clients about the extent of high-frequency trading in its Barclays LX dark pool, saying the complaint does not...

July 24, 2014 | 11:11 am
Chinese imports data not confirming GDP figures

Chinese imports data not confirming GDP figures

On July 15 we learned that China's real GDP rose 7.5% year-over-year during Q2, up from 7.4% during Q1. The quality and accuracy of China's economic data have always been questionable. That's why I...

July 24, 2014 | 10:24 am

Managers pessimistic on credit defaults, survey finds

Credit portfolio managers are more pessimistic about the outlook for credit defaults in the next 12 months but see stable credit spreads in North America and tighter spreads in Europe over the next...

July 24, 2014 | 08:00 am