Archive for ''

Republished from: “PlanAdviser” January 30, 2012 —
During the 10th annual Dow Jones Indexes Global Economic Outlook, Richard Bernstein Advisors LLC said that few investors are aware that the U.S. stock market has outperformed BRIC markets for four years.
The U.S. stock market not only provided protection relative to the BRIC markets during the bear market, but it has also maintained that outperformance during the bull phase, according to Richard Bernstein Advisors. In addition, U.S. free cash ...

Republished from Dr. Ed Yardeni’s blog: “Dr. Ed’s Blog”
The latest batch of US economic indicators was mixed last week. Thursday’s initial unemployment claims and durable goods orders data were upbeat, while Friday’s GDP report was lackluster. The best news wasn’t widely reported. I have started to monitor the Baker Hughes weekly and monthly census of the number of drilling rigs actively exploring for or developing oil or natural gas in the United States. Here ...

Republished from InvestmentExecutive.com
Dealers ceding market share in in the wake of new capital requirements
By James Langton | January 18, 2012 12:30
Some of the top global brokerage firms are voluntarily surrendering fixed-income market share in the face of new capital requirements, which are impacting profitability, says Greenwich Associates.
In a new report, Greenwich reveals that Barclays Capital and Deutsche Bank are the global market share leaders in the fixed-income business, with J.P. Morgan ranking ...

Republished from Bloomberg News
January 24, 2012, 10:16 AM EST
By James G. Neuger and Rainer Buergin
Jan. 24 (Bloomberg) — European finance ministers pushed bondholders to provide greater debt relief for Greece, denting newfound confidence in Europe’s strategy for coping with the two-year-old debt crisis.

Euro governments sought to fill a deeper-than-expected hole in Greece’s finances by saddling investors with a lower interest rate on exchanged bonds, setting up a confrontation in the runup to a ...

Republished from Dr. Ed Yardeni’s blog: “Dr. Ed’s Blog”
It is my view that globalization is not the major cause of income inequality around the world. On the contrary, it is lifting standards of living almost everywhere. The emerging markets really started to emerge after the end of the Cold War. They benefitted from the integration of national economies through the proliferation of more trade. Most impressive is that while the value of the exports ...

Republished from: “Institutional Asset Management”
Having digested forecasts for 2012 in which the phrase “muddle through” appeared early and often – especially in relation to the embattled Eurozone – investors piled into several major bond fund groups during the week ending 11 January.

Municipal Bond Funds posted their biggest weekly inflow in over two years, flows into Global Bond Funds hit a 31 week high, High Yield Bond Funds took in nearly USD2 billion and Europe ...

Republished from: “Memphis Commercial Appeal”
January 13, 2012 | Ted Evanoff
The head of the Florida company buying Morgan Keegan & Co. said he is in no hurry to cut costs or lay off workers in Memphis.
“We’re staying in Memphis. We’re committed to it. We’re not looking to get all the costs out and consolidate in St. Petersburg,” said Paul Reilly, CEO of Raymond James Financial Corp. “Our goal is to make measured changes.”
Study ...

WEDNESDAY, JANUARY 18, 2012 – 08:15
WASHINGTON (MNI) – Top events and news reported Wednesday in the global financial system. Republished from “Market News International”
The World Bank slashed its outlook for the global economy this year as a result of renewed financial market turmoil, warning that a Lehman-style crisis and much sharper downturn could follow if more high-income countries face problems financing their deficits. In a gloomy assessment of world conditions, the Washington-based institution said the ...

Republished from Dr. Ed Yardeni’s blog: “Dr. Ed’s Blog”
The US economy may be on the verge of a big comeback. It could experience an unusual second recovery over the next three years following the weak initial recovery of the past three years. In the past, recessions were followed by one broad-based recovery in economic activity. The Naysayers have been predicting a “double dip” recession for the US economy since it started to recover in ...

An über-review of the crisis.
A finance professor turns to literary analysis.
Jan 14th 2012
Republished from “The Economist”

IT BEGAN as a review of three books on the financial crisis for a wonky journal. Currently, the book count stands at 21 and although the official publication date is still in the future, the draft* already has a life of its own in policymaking circles.

In 2010 Andrew Lo, a professor at MIT’s Sloan School of ...