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El-Erian Likes Egypt; Time to Like the ETF?
Wednesday, August 1, 2012 - 2:49pm | 635Read More...The political and economic challenges faced by Egypt are well documented. Following the Arab Spring of 2011 that led to the end of Hosni Mubarak's regime, what looked like a promising frontier market economy struggled. The Market Vectors Egypt ETF (NYSE: EGPT), the lone ETF devoted exclusively to...
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PIMCO's Bill Gross Writes Equities Obituary in August Newsletter
Wednesday, August 1, 2012 - 8:49am | 470Read More...Co-Chief Investment Officer and Co-Founder of PIMCO Bill Gross asserts that stock investing is "dead as we know it" in his August investment letter. Pacific Investment Management Company has $1.82 trillion in assets is the world's largest bond mutual fund. "If financial assets no longer work for...
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PIMCO on Spain: It's Too Late to Act
Monday, July 30, 2012 - 12:28pm | 505Read More...PIMCO has published a report on Spain ahead of the much anticipated ECB meeting this week. The analysts at the famed bond management company expect a lackluster response that is more of a band-aid than the proverbial nuclear option. The first point the analysts make is that the firepower to buy...
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Bill Gross Remains Skeptical of Spain
Thursday, July 26, 2012 - 1:41pm | 298Read More...Earlier Thursday, European Central Bank President Mario Draghi indicated that the ECB may be ready to step up its bond buying program and take a more proactive role in fighting the European debt crisis. However, the famed bond investor Bill Gross remains unconvinced that Spain can avoid a full...
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Barron's Recap (7/21/12): The Veggie Juice Craze
Monday, July 23, 2012 - 7:08am | 662Read More...This weekend in Barron's online: the booming vegetable and fruit juice market, as well as a return to the gold standard, the prospects for Calpine, Canon and John Bean Technologies, and more. Cover Story "Drink Up!" by Robin Goldwyn Blumenthal. The consumption of super-premium vegetable juices in...
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Barron's Recap (6/9/12): The 2012 Midyear Roundtable Report Card
Sunday, June 10, 2012 - 8:11am | 916Read More...This weekend in Barron's online: a midyear updated on the markets, the likely effects of the Supreme Court's ruling on Obamacare, and the prospects for alternative ETFs and Time Warner. Cover Story "Caution: Sharp Turns Ahead" by Lauren R. Rublin. It is time for Barron's midyear update, which is...
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More Pain at JPM: Trading Loss Doubles, Implications for Others
Tuesday, June 5, 2012 - 9:20am | 416Read More...The trading loss in JP Morgan Chase's (NYSE: JPM) Chief Investment Office continues to grow, as credit conditions around the world deteriorated further after reporting a massive trading loss on May 10. Chief Executive Jamie Dimon at the time said that the losses were tied to credit derivatives the...
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View From the Street: Bill Gross' Latest Investment Outlook
Thursday, May 31, 2012 - 10:39am | 572Read More...In his latest Investment Outlook, Bill Gross paints a rather bleak view of financial markets and the economy. Speaking in such beautiful metaphors that he is known for, he once again discusses the state of the financial markets through his "Plankton Theory," a theory in which the large central...
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PIMCO's Bill Gros: JP Morgan One of the Best Run Banks -CNBC
Friday, May 11, 2012 - 10:24am | 61Read More...PIMCO's Bill Gross appeared on CNBC discussing JP Morgan (NYSE: JPM). Gross noted that: -JP Morgan is one of the best run banks in the world and the questions is whether banks should be allowed to make these kind of trades. -If banks do these trades they should have higher capital. -QE3 becoming...
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PIMCO's El-Erian: U.S. Economy Having Difficulty Gaining Traction
Friday, April 27, 2012 - 1:37pm | 1237Read More...Bloomberg TV's Betty Liu spoke with Mohamed El-Erian of PIMCO, who said that the Federal Reserve is likely to provide additional assistance if the economy weakens further, but there is "no immediate need" to do so. El-Erian also said that the U.S economy needs to add 250,000 to 300,000 jobs every...
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PIMCO to Launch Another Actively Managed ETF
Tuesday, April 24, 2012 - 11:32am | 237Read More...Bond giant PIMCO said in a statement today that it will introduce the Global Advantage Inflation-Linked Bond Strategy Fund on May 1. The new actively managed ETF will trade on the New York Stock Exchange under the ticker "ILB." The Global Advantage Inflation-Linked Bond Strategy Fund is designed...
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Sixer: 6 ETFs Yielding 6% Or More (SDIV, AUD, EMFN)
Wednesday, April 18, 2012 - 2:25pm | 749Read More...Sixer: 6 ETFs Yielding 6% Or More (SDIV, AUD, EMFN) When it comes to dividends and yield, a few things remain facts of life in the current market environment. First, investors love and, arguably, need dividends because of anemic interest rates on high-grade corporate bonds, U.S. Treasuries, and...
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Neel Kashkari: Fed not Likely to Yank Morphine Drip Anytime Soon
Thursday, April 12, 2012 - 8:26am | 361Read More...PIMCO's Neel Kashkari sees the Fed's easy monetary policy as a morphine drip which is going to continue to be administered to a market that has become dependent on it. Kashkari spoke to CNBC on Squawk Box on his new note signaling strong corporate earnings and reaffirming his care for equities,...
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Fast Yield Grabs With ETFs Pose Risks, Fitch Says (MINT)
Wednesday, April 11, 2012 - 3:47pm | 350Read More...Fast Yield Grabs With ETFs Pose Risks, Fitch Says (MINT) Fitch Ratings is out with a note today highlighting the popularity of and risks associated with short-term fixed-income ETFs. The ratings agency notes short-term fixed-income exchange-traded products market themselves as alternatives to...
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Bill Gross: FOMC "Word-Smithing" Not Indicative of QE3 Chances
Wednesday, April 4, 2012 - 10:50am | 243Read More...Bill Gross does not believe FOMC meeting minutes necessarily signal to no further quantitative easing from the Fed. He thinks the Fed is just one of several pawns on a larger chess game when it comes to deciding on QE3. The Co-CIO of bond giant PIMCO and proclaimed bond-king Bill Gross, speaking...
