It was a sure thing. With the Fed cutting back its massive QE bond-buying program this year bonds would plunge. Instead, they began rallying sharply in January, precisely when the Fed began tapering back QE. It seems that economists expecting bonds to plunge failed to anticipate that foreign demand for U.S. treasury bonds would make up for the slowing of Fed bond buying. More recently, experts expected bonds would surely begin declining this fall in anticipation of the ...
Goldman says bet on expansionary policy from the ECB and lower oil prices helping developed world consumers in 2015. Global markets have been subject to the actions of central banks around the world for the better part of the last decade, and judging from Goldman Sachs’ top trade ideas for 2015, investors should expect more of the same. Goldman Sachs’s global marco market research team, led by Francesco Garzarelli, outlined ...
Chinese e-commerce giant Alibaba Group has raised $8 billion in its first-ever bond offering, Bloomberg reported on Thursday evening. Chinese e-commerce giant Alibaba Group has raised $8 billion in its first-ever bond offering, Bloomberg reported on Thursday evening. Alibaba received $57 billion in orders for the six-part bond offering, which will be used used to refinance the company’s existing credit facilities. At ...
Billionaire Ron Baron isn’t just a savvy investor – he also knows how to put on a good show. On Friday, over 4000 investors from across the country and abroad convened at the Metropolitan Opera House in New York. The highly-anticipated annual conference, in its 23rd year, is famous not just for big-name CEO speakers but also superstar performers who remain a surprise until the moment they take stage. The conference morning ...
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