Inflation

Yellen on the question of wages

Yellen on the question of wages

Fed Chair Janet Yellen has stressed the importance of wage inflation in influencing the Federal Open Market Committee's decision to start raising interest rates. April's average hourly earnings for...

May 11, 2015 | 09:54 am
Monetary policy: It's all relative

Monetary policy: It's all relative

We have each separately made the case that asset pricing theory and investment practice for funding retirement should focus on how much income the member has in retirement instead of the amount of...

April 16, 2015 | 12:07 pm

Big money sells in bond market as PIMCO cuts government holdings

PIMCO is selling in the U.S. government debt market, while Morgan Stanley says yields will rise.

April 13, 2015 | 10:52 am
Structural forces keeping a lid on inflation

Structural forces keeping a lid on inflation

So what is inflation doing? February's inflation data released in Monday's personal income report show that the core personal consumption expenditure deflator (PCED) remains stuck about half a point...

March 31, 2015 | 11:29 am
Beneath the ugly face of second half 2014 lies the beauty of opportunity in 2015

Beneath the ugly face of second half 2014 lies the beauty of opportunity in 2015

In our view, the coming year will resemble more the volatility of the second half of 2014 than the prolonged, virtually uni-directional (i.e., up!) market that leveraged credit investors have enjoyed ...

March 26, 2015 | 10:16 am
Political risk threatening to offset potential European growth

Political risk threatening to offset potential European growth

Political risk is taking center stage for global money managers as they consider their stance on Europe, offsetting the potentially economy-boosting effects of a new quantitative easing program for...

February 09, 2015

Federal funds rate likely to stay low ‘for some time’

The Federal Open Market Committee repeated Wednesday that “it can be patient in beginning to normalize” monetary policy, but members declined to predict when they might be ready to raise...

January 28, 2015 | 03:29 pm
Managers surprised by scope of ECB's bond-buying program

Managers surprised by scope of ECB's bond-buying program

The European Central Bank announced it will begin €60 billion ($69.4 billion) of public and private debt purchases per month as part of a quantitative easing strategy, in what money managers...

January 22, 2015 | 11:15 am
Canada cuts key rate as oil shock clobbers inflation outlook

Canada cuts key rate as oil shock clobbers inflation outlook

The Bank of Canada became the first central bank in the Group of Seven to cut interest rates in response to plummeting oil prices, saying the shock will weigh on everything from inflation to business ...

January 21, 2015 | 02:56 pm

BofA: Managers remain optimistic on growth despite growing concerns

Money managers are reducing their cash holdings despite concerns over corporate profits and inflation, said Bank of America Merrill Lynch’s monthly fund manager survey.

January 20, 2015 | 03:30 pm
Be aware of your assumptions

Be aware of your assumptions

Since 2009, investors and markets have been highly sensitive to risk — and markets have offered high risk premiums. As these risks have gradually diminished, all asset classes have benefited....

January 08, 2015 | 10:23 am
OECD warns European Central bank needs stronger policies to avoid stagnation

OECD warns European Central bank needs stronger policies to avoid stagnation

The European Central Bank must implement stronger policies if it is to avoid a prolonged period of stagnation, and to prevent unintended effects to other economies, warned the Organization for...

November 25, 2014 | 02:04 pm

Bank of Japan expands QE program in surprise move

Bank of Japan announced an expansion of its quantitative and qualitative easing program, shocking the currency markets and bolstering stocks.

October 31, 2014 | 11:19 am
Fed stops bond buying, stays with federal funds rate near zero

Fed stops bond buying, stays with federal funds rate near zero

The Federal Open Market Committee’s bond-buying program will end this week, members announced Wednesday at the end of a two-day meeting, citing “substantial improvement” in the...

October 29, 2014 | 03:32 pm