Jeffrey Gundlach repeated a December warning on Monday that the dramatic slowdown in global growth will trigger a collapse in some credit funds, saying that the high-yield "junk" bond market still has not hit bottom....More
Mohamed El-Erian, the chief economic adviser at Allianz SE, said on Thursday that with volatility rising, the markets effectively have served as front-runners to the Federal Reserve in tightening global financial conditions....More
Bill Gross, the closely followed investor at Janus Capital Group, said on Wednesday that global markets and economies worldwide are feeling the after-effects of mismanaged monetary policies, which will only be exacerbated by low or negative interest rates....More
Some of the largest investors in the world jetted home underwhelmed on Wednesday from a three-day blitz of meetings with hedge fund managers, unimpressed by their bearish outlook and cautious approach to markets....More
Scott Minerd, the global chief investment officer of Guggenheim Partners, said on Wednesday that the ongoing market turmoil puts further rate hikes by the Federal Reserve on hold and increases pressure on China to make radical adjustments....More
How will all the 2016 predictions hold up? Let's keep gurus accountable this year, don't go it alone, no matter how far the markets drop and Jacob Lew traveling to Puerto Rico to help with the bond crisis there....More
2016 is likely to be a "muddle-through" kind of year, with limited headway for S&P earnings, a single-digit percentage change for stocks, and continued geopolitical issues. Nuveen's Bob Doll provides his 10 predictions.
The FOMC meets a total of 8 times in 2016 - January, March, April, June, July, September, November and December - and I suspect we will see volatility return to the markets each time we near one of the meetings....More