Author
7783 posts 575 comments
On Bernanke’s testimony
I was on BNN this afternoon talking to presenter Howard Green and The Economist's Ryan Avent about Fed Chairman Ben Bernanke's testimony before congress today. You can read Bernanke's prepared remarks here and watch the video clip here.…
On Microsoft’s mobile strategy
An investment in Microsoft has been dead money for quite a while now. The stock has traded in a pretty narrow range between $22 and $32 except in late 2007 and 2008 during the financial crisis when it spiked and then plunged. The stock does…
Has the UK finally lost its safe haven status?
For domestic investors, the safe haven asset class are government liabilities if the government has substantially all liabilities in the currency it creates. For foreign investors, like domestic investors, you want to protect against…
Gross: Quantitative easing will continue through “at least the end of the year.”
Bill Gross, co-chief investment officer at Pacific Investment Management Co., talks about the outlook for Federal Reserve monetary policy and debt purchases, known as quantitative easing. Gross also discusses the state of credit markets and…