Finance

Focus on divergence in 2016: Pimco CIO

Investors should focus on monetary policy divergence and its implications in the new year, Scott Mather, Pimco’s chief investment officer, said Thursday. “We have central banks actually moving in the opposite direction, which is a fairly unusual event and configuration for the developed world … meanwhile we have other central banks, in fact, most other international central banks in the ... Read More »

‘Star Wars’ to awaken other stocks than just Disney

As “Star Wars: The Force Awakens” receives rave reviews and is already breaking presale box-office records, the future looks bright for companies that bet on the reinvigorated franchise in the coming years. Rotten Tomatoes, a movie reviews aggregation site, has the film’s rating at 95 percent, which is an unprecedented level for a large-budget commercial release. The strong buzz caused ... Read More »

Tech players emerge as public vs private boils over into 2016

After a hit-or-miss year of initial public offerings in the technology sector, the most likely candidates to go public in 2016 probably aren’t who you’d think, according to a new report. The not-so-sexy fields of analytics, data centers, security and application integration top a list of 531 companies most likely to enter the public markets next year, according to a ... Read More »

Tech players emerge as public vs private boils over into 2016

After a hit-or-miss year of initial public offerings in the technology sector, the most likely candidates to go public in 2016 probably aren’t who you’d think, according to a new report. The not-so-sexy fields of analytics, data centers, security and application integration top a list of 531 companies most likely to enter the public markets next year, according to a ... Read More »

Here’s what’s next for stocks

What’s next for markets? Europe and Asian stocks have rallied, commodities are firm on the dollar strength, and even emerging markets are rallying. Mass hypnosis? Wall Street has convinced itself that the Fed will raise rates two or at most three times next year. Witness bond yields, which are down in the U.S. and Europe, an indication that investors believe ... Read More »

Has the junk bond market passed the test?

Federal Reserve Chair Janet Yellen tried to alleviate fears surrounding the heightened stress seen in high-yield bonds Wednesday, by downplaying the shuttering of a number of Wall Street junk bond funds that took place last week. Investors and analysts looking at the space now expect volatility to remain at elevated levels for the year ahead, with mixed views on whether ... Read More »

The silver lining in a rate hike

When the Federal Reserve on Wednesday delivered its first interest rate hike in close to a decade, the move capped months of waiting and watching by investors and market seers alike. And with a number of economic indicators, like wage pressure, still low, many market watchers are wary, with some wondering if the economyis strong enough to handle higher rates. ... Read More »

Fed’s done, now traders look for Santa rally

The Fed surprised markets by turning the first rate hike in nine years into a relative nonevent for markets. “I think the market pretty much had a lot of it built in. There were no surprises, which I think is a good thing. Now we can stop worrying about when we’re going to get a rate hike because we already ... Read More »

Abandon THESE pre-Fed hike tactics: Legg Mason CEO

Investors should be moving away from “more rates-orientated strategies” now that the Federal Reserve has increased short-term interest rates for the first time in more than nine years, Legg Mason Chairman and CEO Joe Sullivan said Thursday. Sullivan told CNBC’s “Squawk Box” he sees an opportunities in the bond market, after a “bear market for credit for the last year ... Read More »

2015’s top shorts across US, Asia and Europe

Hats off if you placed these “shorts” in 2015 — they were regional top performers, according to two reports this week from Markit. The financial information services provider reviewed the short-selling market across North America, Asia and Europe and rated the best-returning positions, focusing on the performance of shares after short sellers targeted more than 3 percent of a company’s ... Read More »