The symptoms of economic dysfunction in the United States are becoming all too apparent, according to Lacy Hunt, executive director at Hoisington Investment Management. His solution? A sustained increase in savings, sometimes referred to as “austerity.”
With interest rates so low, and a Fed determined to keep them low for a prolonged period, does it make sense to allocate money to fixed income securities right now?
Critics of former U.S. Federal Reserve Chairman Alan Greenspan’s tenure at the Fed — there’s no shortage — may well consider his bullish call on stocks a contrary indicator.
When it comes to the European and U.S. debt crises are we nearing the dénouement — or still in the opening act?
At the Financial Analysts Seminar in Chicago earlier this week, Rick Rieder (pictured left), managing… READ MORE ›
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