El-Erian: We'll Buy Treasuries, If They Get Cheaper
Remarks from PIMCO co-chief echo Bill Gross' view that there is better value elsewhere.
Agustino Fontevecchia, Forbes StaffRemarks from PIMCO co-chief echo Bill Gross' view that there is better value elsewhere.
Agustino Fontevecchia, Forbes StaffWall Street veteran and Joseph Gunnar’s chief market analyst and equity strategist Clark Yingst gave Forbes a few investment ideas for these turbulent times targeting Japan, the end of QE2, the financial sector, and some tech stocks. Yingst, who champions a mix of technical analysis with strong fundamentals, reminds investors to keep their eyes open for opportunities and to not marry any single model. read »
DeKalb County, Georgia calls itself the "Greenest County in America," but now the self-dubbed environmentally conscious county is on a fiscal watchlist. This week Standard & Poor downgraded the county's nearly $1 billion in formerly investment-grade municipal bonds to sub-investment grade territory and then withdrew ratings on these bonds. read »
Third Avenue Funds CIO Curtis Jensen surveys the real estate investment landscape.
The strong jobs report for March has expectations rising that the Fed will dial back its QE2 stimulus right away, and begin raising interest rates soon. read »
The dollar cemented gains immediately after the March employment report yet the picture was already clear as investors spent the first day of the second quarter piling into riskier assets. Most notable is the dramatic weakening of the Japanese yen as evidence mounts that the nation is likely to be left behind in the growth stakes heading into a massive reconstruction effort. Its domestic monetary policy is therefore destined to remain moribund for the longest period of time while efforts to resume[...] read »
National Taxpayer Advocate explains filing extensions and possible help for underwater homeowners.
The tax code is inefficient, but there?s little agreement on an alternative.
Slow and steady may win the race, but the U.S. job market is going to have to start heating up to have any substantial impact on unemployment. read »
This is a guest post written by SunGard's Russ Chrusciel read »