Barron’s – Double Duty at DoubleLine Jeffrey Gundlach, founder and CEO of the bond shop DoubleLine Capital, is one of Wall Street’s most colorful stars. At his new firm, his business smarts have matched his investment savvy. Jeffrey Gundlach, by some counts the bond market’s brightest investment star, has won big, lost big, and thrived… Continue reading Jeff Grundlach
The Wall Street Journal – Money Managers Take a Timeout From Stocks It’s nowhere near the two-minute warning for 2012, but some players are mulling whether to sit out the rest of the game. As 2012 heads to its final quarter, money managers who caught the year’s rally are sitting on percentage gains well into… Continue reading Money Managers
Business Insider – Germans Are REALLY Worried About Inflation Some fantastic perspective in a new article in Frankfurter Allgemeine Zeitung about Draghi’s bond plan, and it’s potential to create inflation. This image shows the percent of Germans who are worried about various calamities. Despite the fact that it’s in German, you can tell what’s going… Continue reading Germans Think Inflation Is A Bigger Worry Than Terrorism Or Kids Taking Drugs
The Financial Times – Edward Luce: The US economy is still in a sorry state In a waning presidential first term nothing compares to the importance of securing another one. In Barack Obama’s case, there is an added spur to his drive for re-election. The president believes the American economy will spring back to life… Continue reading The US Economy
Reuters – France’s Hollande hits new low in popularity poll French President Francois Hollande’s approval ratings have tumbled to their lowest level since he first took office in May, a new poll showed on Sunday, as France’s grinding economic stagnation and record unemployment show little sign of easing. According to the Ifop poll for Sunday… Continue reading Hollande Struggles
The Daily Mail (UK) – ‘Banks corrupt the people who work for them’: Church of England submits scathing report of life in the City The Church of England has claimed that banks corrupt the people who work for them. In a scathing report, the Church argues that banking employees with high moral values are being… Continue reading Are Bankers Immoral?
The New York Times – Disruptions: Will Apple Be the First to Break $1 Trillion? If Apple continues on its current trajectory, something remarkable might happen on April 9, 2015, at around 11 a.m. That is, statisticians and investors I’ve spoken with say, a conservative estimate of when Apple could become the first company ever… Continue reading Apple
Forbes – Double-Dip Recession 20% To 25% Likely If Fiscal Cliff Hits, S&P Warns Congress needs to help the U.S. out of the woods, but failing to solve the fiscal cliff issue would just spark another recession. There’s a 20% to 25% chance that the U.S. economy will suffer a double-dip recession, according to a… Continue reading How Intrade Can Help
Bloomberg.com – Bearish Treasury Bets Hit a Record Amid Inflation Concern Options traders are paying record prices to protect against swings in long-term U.S. Treasuries relative to stocks amid concern inflation will accelerate. Implied volatility, the key gauge of options prices, for contracts with an exercise level closest to the iShares Barclays 20+ Year Treasury… Continue reading Two Views On Bond Prices
None Today
Comment Today at 9 AM CT (10:00 AM ET, 7:00 AM PT, and 15:00 BST), Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a webcast/teleconference moderated by Jim Bianco. Join us today as we discuss the implications of the ECB’s unlimited bond buying and the Federal Reserve’s open-ended QE on the… Continue reading What To Expect In An Unlimited And Open-Ended Central Bank World
The Financial Times – EU in talks over Spanish rescue plan EU authorities are working behind the scenes to pave the way for a new Spanish rescue programme and unlimited bond buying by the European Central Bank, by helping Madrid craft an economic reform programme that will be unveiled next week. According to officials involved… Continue reading No Unlimited ECB Bond Buying After All?