Economy

BATS Global Markets president out

William O’Brien, president of BATS Global Markets, has left the company.

July 22, 2014 | 05:08 pm

Russell Investments: Market volatility dangers likely

Investor complacency, unsustainably low volatility and stretched equity market valuations might lead to market shocks, said the third-quarter update of Russell Investments’ Strategists' 2014...

July 21, 2014 | 03:53 pm
Headwinds remain despite progress, Yellen tells Senate panel

Headwinds remain despite progress, Yellen tells Senate panel

Federal Reserve Chairwoman Janet Yellen told a Senate committee Tuesday that “the economy is making progress, and eventually, if we continue, the day will come when I think it will be...

July 15, 2014 | 02:45 pm

Cambridge urges longer duration for fixed-income portfolios

Pension funds that want to reduce risk in their portfolios should consider moving away from traditional core fixed-income strategies benchmarked to the Barclays Capital Aggregate Bond index, a paper...

July 15, 2014 | 03:13 pm

SIFMA outlines recommendations to improve U.S. equity markets

The Securities Industry and Financial Markets Association released on Monday a new set of recommendations for the structure of U.S. equity markets.

July 14, 2014 | 01:48 pm
Eurozone still in recession

Eurozone still in recession

During the second half of the 1990s, the looming introduction of the euro led to a sharp drop in borrowing costs among the peripheral economies of the eurozone. That boosted their economies and the...

July 14, 2014 | 10:57 am
Fed likely to end bond-buying program after October meeting

Fed likely to end bond-buying program after October meeting

The Federal Open Market Committee's bond-buying program is likely to end after its October meeting, said minutes released Wednesday of the group's June meeting.

July 09, 2014 | 04:07 pm

A good first half for equities

While equity markets worldwide continued to drift higher halfway through 2014, interest rates fell, surprising many.

July 07, 2014 | 12:01 am
Dow Jones tops 17,000 as June payrolls rise amid ECB stimulus

Dow Jones tops 17,000 as June payrolls rise amid ECB stimulus

The Dow Jones industrial average on Thursday climbed above 17,000 for the first time as data showed employers added more workers than projected in June and the European Central Bank disclosed details ...

July 03, 2014 | 03:36 pm
Pioneers in performance, risk measurement feted

Pioneers in performance, risk measurement feted

Harry M. Markowitz, William F. Sharpe and Eugene F. Fama — all Nobel laureates in economics — are among the inductees into the Performance and Risk Measurement Hall of Fame.

June 23, 2014
Payden & Rygel uses soccer as  springboard for commentaries

Payden & Rygel uses soccer as springboard for commentaries

World Cup fever has struck money manager Payden & Rygel, with the Los Angeles-based firm looking at four matches between emerging markets countries as inspiration for its investment commentary.

June 23, 2014
BlackRock, PIMCO sue banks over mortgage-bond trustee roles

BlackRock, PIMCO sue banks over mortgage-bond trustee roles

BlackRock and Pacific Investment Management Co. are among investors that sued banks, including Citigroup and Deutsche Bank, over their roles as mortgage-bond trustees.

June 19, 2014 | 10:57 am
Fed: Tapering continues, rates stay low as economy improves

Fed: Tapering continues, rates stay low as economy improves

Members of the Federal Open Market Committee meeting Wednesday voted unanimously to continue tapering their bond-buying program, dropping to $35 billion in monthly purchases, down from $45 billion in ...

June 18, 2014 | 03:53 pm
Long-term Investing and Keynes' wisdom: Succeeding unconventionally

Long-term Investing and Keynes' wisdom: Succeeding unconventionally

The financial crisis has brought about a renaissance in Keynesian thinking, especially in relation to the debate over austerity vs. stimulus. But the great economist John Maynard Keynes was, perhaps, ...

June 12, 2014 | 08:00 am
Academics tackle  high-frequency trading problem

Academics tackle high-frequency trading problem

Three academics have identified a market structure they contend would enhance liquidity and stability, overcoming detrimental impacts to investors of high-frequency trading.

June 09, 2014