Mohamed El-Erian on Fitch’s US debt downgrade: 'Why now?'
Fitch Ratings’ downgrade of US government debt has economists and investors puzzling over timing.
Morgan Stanley’s Wilson Says Fiscal Tightening a Risk for Stocks
Warning bells are ringing for US stocks from signs that high fiscal spending, which underpinned economic growth this year, is unsustainable.
Hedge Funds Boosted Record Treasury Shorts as Markets Convulsed
Hedge funds ramped up their bearish Treasuries bets to a record last week just as yields surged toward multi-month highs.
Property Loans Are So Unappealing That Banks Want to Dump Them
Banks seeking to sell commercial-property loans are encountering a dried-up market with few options for an easy exit.
Fed’s Williams Says He Sees Restrictive Rates for Some Time
Federal Res of NY Pres. John Williams sees need to keep US monetary policy restrictive for some time. Interest-rate cuts may be warranted next year.