PIMCO CEO Mohamed El-Erian says that if passed, the proposed debt ceiling compromise should be enough to lift markets across the globe. “This two step agreement is sufficient to lift…
Category: Economy
Mobius: EMs Safer than Treasuries, Dollar
Templeton Asset Management’s Mark Mobius says the U.S.’s debt issues have made emerging markets a safer bet than U.S. Treasuries and the dollar, and says he doesn’t think another global…
Siegel and Shiller Debate the Debt Conundrum
How should the U.S. go about cleaning up its debt mess? In a recent interview with MarketWatch, two of the world’s top economic minds — Professor Jeremy Siegel of Wharton…
Sonders: Market Outlook Is Better than You Think
Charles Schwab Chief Investment Strategist Liz Ann Sonders says she doesn’t think a double-dip recession is in the cards, and thinks the outlook for the market is good — even…
Doll on the Debt Ceiling's Impact on His Portfolio
Blackrock Chief Equity Analyst Bob Doll says he hasn’t sold any stocks because of the debt ceiling imbroglio, and he expects a deal will get done. “We’re going to have…
ECRI Chief Sees Growth Slowing in Second Half
Lakshman Achuthan of the Economic Cycle Research Institute, which has an exceptional track record of economic forecasting, says the economy is slowing in a cyclical fashion — not just because…
Grantham: Resource Shortages Are Looming -- Deal with Them Now
GMO’s Jeremy Grantham continues to warn about global resource shortages, saying in his new quarterly client letter that soil erosion and limited supplies of potash and phosphates “are the real…
The Problems with Debt-to-GDP Ratios
U.S. debt is climbing toward 100% of GDP — a figure that many are seeing as magic number that portends doom. But Yale Economist Robert Shiller says that logic is…
Sonders on Debt Ceiling, and Why a New Recession Is Unlikely Anytime Soon
Charles Schwab Chief Investment Strategist Liz Ann Sonders says she’s optimistic a deal will be reached on the U.S. debt ceiling and that growth will pick up in the second…
Ritholtz: This Recovery Isn't Unusual -- If You Use the Right Yardstick
Earlier this month, forecasters missed the mark by a wide margin on the June jobs report, far overestimating the number of jobs that would be created. And, says Barry Ritholtz,…