Practical analysis for investment professionals
09 August 2013

Weekend Reads for Investors: Waiting on the Central Bankers

Posted In: Weekend Reads

Second quarter earnings reporting season is wrapping up and companies so far have delivered the goods, or at least met the diminished expectations of investors. Most major stock indices in Europe and the US surged higher in July, but the enthusiasm for stocks may have had more to do with the dovish policies of central bankers than company fundamentals. And recent indications from US Federal Reserve officials that a tapering of their easy money program may come this fall should be cause for concern. Perhaps PIMCO’s Bill Gross’s recent query on Twitter best captured the quandary facing equity investors:

Here are some worthwhile reads you may have missed over the past month or so.

Strategic Thinking

Corporate News

Industrial Disease

Emerging Markets

Pensions: Getting What You Paid For

Hedge Funds under Fire

Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.

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About the Author(s)
David Larrabee, CFA

David Larrabee, CFA, was director of member and corporate products at CFA Institute and served as the subject matter expert in portfolio management and equity investments. Previously, he spent two decades in the asset management industry as a portfolio manager and analyst. He holds a BA in economics from Colgate University and an MBA in finance from Fordham University. Topical Expertise: Equity Investments · Portfolio Management

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