El-Erian Blasts Fed: Too Little, Too Late
Inflation is not "transitory" and the risks of central banks making a strategic error have increased. The former PIMCO CEO bemoans lost opportunities.
Inflation is not "transitory" and the risks of central banks making a strategic error have increased. The former PIMCO CEO bemoans lost opportunities.
It’s all dreamland that’s been supported by interest rates that aren’t where they should be. - Bill Gross
The banks’ headstart on information technology has become their Achilles’ heel. In the early 2000s, the willingness of banks to invest in IT subsided.
“A bear market is required at this point,” Gartman said on Bloomberg Radio. "...he or she who loses the least amount of money will be the winner.”
A less volatile year is ahead for markets, should a forecast by UBS Global Wealth Management’s Nadia Lovell play out.
The insurance industry wants you to believe its corporate hands are tied by an emergency rule the Office of the Insurance Commissioner set last March.
Mohamed El-Erian says the Fed's inflation screwup will 'go down in history' — but he's using these 3 stocks to take advantage.