There is a “smell of default” in the air, a recent Deutsche Bank research presentation notes, as high yield spreads are widening while Venezuelan bonds – and the credit... read more

Even though equity prices continue to increase, driven by sentiment at least as much as fundamentals, analysts continue to be bullish. A number of metrics that identify investor sentiment... read more

Chinese hedge funds posted some of the best returns of the hedge fund industry in 2017 according to data from hedge fund data provider Eurekahedge. According to the latest Eurekahedge... read more

A new report from Grantham Mayo van Otterloo (GMO) entertains a startling conclusion. The report is on the level of corporate profit margins in today's economy and seeks an... read more

The fight for control of Sothebys (NYSE:BID) board was brutal and long. Ultimately Daniel Loeb, manager of the hedge fund Third Point, was granted three board seats. However, today... read more

As regulatory burdens have pared back the appetites of large banks and primary bond dealers in the “off-the-run” US Treasury market, bond liquidity has suffered and transaction costs, most notable... read more

As the Paris climate summit heats up, with a key issue being reduction of worldwide coal consumption, Morgan Stanley and Wells Fargo have joined with other large banks to... read more

After securing its latest tranche of bailout debt from the European Central Bank, Greece’s left-wing Syriza government is ready for more. Investors in Greece’s government debt might try to... read more

Leon Cooperman thinks the U.S. equity bull market is here to stay, even if the ride does get a bit wilder. A May 4th conference call presentation for investors of... read more

The old, antiquated Bloomberg keyboard used by bond legend Bill Gross during his formative period at PIMCO will be on display at the Smithsonian starting July 1, a Bloomberg... read more