The world's largest bond-fund manager frequently engaged in shady practices, including insider trading, price manipulation and actively betting agains...
NEW YORK -- The U.S. risks a "lost decade" if politicians keep pursuing the same failed policies, according to Mohamed El-Erian, chief executive of th...
The issue of insider trading from information emanating from Treasury Secretary Paulson's office was a focus of ruminations from this corner some four years ago. But hard questions, perhaps until now, have been few and far between.
NEWPORT BEACH – The conventional wisdom about the November presidential election in the United States is only partly correct. Yes, economic issues w...
Smart delevering isn't just about cutting -- and the relentless emphasis on cutting has obscured the more important question of what is being cut. In far too many cases, our approach to delevering is keeping us from growing, and keeping us from tapping into all our resources.
The bond markets do not need their views to make assessments of the situation. The markets by themselves are the best indicator of what everyone needs and wants to know.
Policymakers in Europe may be making the economic crisis work instead of better, according to Mohamed El-Erian, CEO of PIMCO, the world's largest inve...
Pacific Investment Management Company (PIMCO), the world's largest manager of bonds, has just released research analysis titled: "Saying No to Keynes ...
On Friday S&P downgraded U.S debt from AAA to AA+, the first such downgrade in the nation's history resulting in grave concerns over the outlook for the U.S. economy. Yet simultaneously they must have been popping champagne corks at Pimco.
To raise or not to raise the debt ceiling; that is the question: Whether 'tis nobler to suffer the slump and arrows of default today or in some distan...
War is waged to achieve political objectives, not to kill enemies. Politically, the US has achieved nothing in Afghanistan after ten years of desultory war and destruction.
News of the world's biggest bond fund dumping U.S. government debt sparked fears on Wednesday that investors may have little faith in the recovery.
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In a nutshell, the Fed's plan is to create a "wealth effect" by buying Treasuries. The theory here is as asset prices rise and consumers feel wealthier, they'll spend more, in turn helping to revitalize the economy.