News Brief from AXA Equitable: Highlights from recent notable market news reports December 16, 2011 Uncertainty over how the eurozone financial crisis will play out is dominating investment decisions and overshadowing fundamentals driving earnings (“BlueCrest’s Platt Says Europe Banks Insolvent as Bass Sees Run,” by Jesse Westbrook and Saijel Kishan, Dec. 15, 2011, Bloomberg). Michael [...]
Tagged “risk”
Beware Fat Tails and Active Inertia, El-Erian Says
“It’s not cyclical and it’s not noise” is how Mohamed El-Erian, CEO and co-chief investment officer at Pacific Investment Management Co. (Pimco), described market volatility at the Insured Retirement Institute’s annual conference last week in Boston. Continuous bouts of volatility, he said, “are signals of a structural shift” in the world’s interconnected emerging and developed [...]
Economy, Markets on Firmer Footing (for Now)
News Brief from AXA Equitable: Highlights from recent notable market news reports Oct. 28, 2011 Talk that the U.S. economy was about to dip back into recession quieted down after the Commerce Department reported the nation’s gross domestic product grew 2.5% in the third quarter (“Recession Fears Recede as Economy Grows 2.5%,” by Josh Mitchell [...]
Near the Edge, Not Over the Edge
News Brief from AXA Equitable: Highlights from recent notable market news reports Oct. 14, 2011 The debate over whether the stock market was about to enter bear territory quieted a bit as the S&P 500 headed higher just shy of dipping below the closing level that would have fit the definition (“S&P 500 Rising 12% [...]
Jitters About a Looming Bear Market
News Brief from AXA Equitable: Highlights from recent notable market news reports Oct. 7, 2011 One of Wall Street’s most optimistic stock strategists has begun to lose confidence in the wake of the third-quarter market slump (“S&P 500 Falling Below 1,100 Puts Bear Market in View for Wien,” by Rita Nazareth, Nikolaj Gammeltoft and Inyoung [...]
