PIMCO bond guru Bill Gross says the Federal Reserve is confronted with a big challenge in trying to determine a “neutral” interest rate that will accomplish all its goals —…
Tag: Federal Reserve
Rosenberg: Rate Hike Impact A Ways Away
Worried about the interest rate hikes that may be coming sooner than many had expected? Top economist David Rosenberg says to relax. (more…)
Sonders on Stocks, Bonds, and the Fed
Though the market’s recent pullback may not be over yet, Charles Schwab Chief Investment Strategist Liz Ann Sonders says longer-term factors are making her optimistic about the stock market and…
The Fed & The Equity Risk Premium
While the equity risk premium is currently quite high by historical standards, New York University professor Aswath Damodaran says that might not be an indication that stocks are cheap. In…
Paulsen: Fed A Hindrance To Long-Term Gains
Wells Capital’s James Paulsen says that, with valuations low compared to historical standards, stocks could provide investors with double-digit annual returns over the next decade — if the Federal Reserve…
Grantham on a Low-Growth, Overpriced Environment
Equities and other assets have become overpriced (to varying degrees) just about everywhere you look, GMO’s Jeremy Grantham says in his latest quarterly letter. “Courtesy of the … Fed[‘s] policy,…
Fisher Thinks Fed Has Gone Too Far
The Federal Reserve’s decision to continue $85 billion per month of Treasury bond and mortgage-backed security purchases amounts to “un-stimulus”, according to Kenneth Fisher. In a piece on Fisher Investments’…
Romick on Why Bernanke Needs to Go
In a recent letter to FPA clients, top fund manager Steven Romick says the Federal Reserve’s easy money policies are having and will likely continue to have troubling effects on…
Sonders: No QE3, No Problem
The Federal Reserve didn’t give any indications after its last meeting that it will be undertaking a third round of quantitative easing, and Charles Schwab Chief Investment Strategist Liz Ann…
Gross: Low Rates May Be Obstructing Recovery
Could central banks’ near-zero interest rate policies actually be hampering growth rather than stimulating it? PIMCO’s Bill Gross says that may well be the case. In an op-ed piece for…