Bond Yields Fall to a 500-Year Low

Bond Yields Fall to a 500-Year Low

Jeffrey Gundlach, the American fund manager who correctly forecast the surge in bond prices this year, contrary to the overwhelming majority of the experts who got it wrong, remains fundamentally pessimistic about economic growth in the US. He predicts that...
JPMorgan agress to settlement

JPMorgan agress to settlement

JPMorgan agrees $13 billion settlement with U.S. over bad mortgages In late September, JPMorgan Chief Executive Jamie Dimon walked into the office of U.S. Attorney General Eric Holder. “We’re willing to take our lumps,” he said, according to a person...
Millions Toward Proprietary Investments

Millions Toward Proprietary Investments

PHILADELPHIA, Aug. 27, 2013 – FS Investment Corporation, a business development company focused primarily on investing in the debt securities of private U.S. companies, announced today that it committed over $200 million toward proprietary investments in middle...
Investment theory

Investment theory

New research by two American experts has demolished the key belief of efficient market theory, which several generations of students were taught as the foundation of their investment skills, that high reward is the consequence of accepting greater risk. Their study of...
US markets may avoid major shock

US markets may avoid major shock

Washington – Despite Friday’s downgrade of the US government’s top-notch credit rating, the first in history, US markets may avoid a major shock, as the rating decline came as no surprise and may already be priced into markets, some analysts said on...