A long-anticipated move by the Fed to raise interest rates next month would be “very strange,” given the volatility rocking financial markets, according to the top bond strategist for Charles Schwab's retail research unit.
<i>Breakfast with Benjamin</i>: Despite the mood on Wall Street getting downright gloomy, some economists still think the Fed will raise interest rates next month.
<i>InvestmentNews</i> survey shows most financial professionals in "wait and see" mode, while some consider rebalancing. <i>(Don't miss: <a href="//www.investmentnews.com/article/20150824/FREE/150829959/investors-react-to-news-of-1000-point-fall"" target=""_blank"" rel="noopener noreferrer">Investors react to market's move</a>.)</i>
Crossover approach includes taxable and tax-exempt bonds.
Clients likely felt the pang of crashes past during the early Dow drop this week, but, believe it or not, they are continuing to watch for opportunities.
Options prices indicate skepticism but Pimco says Federal Reserve's rate increase bar is 'fairly low.'
<i>Breakfast with Benjamin:</i> A Fed official put some of the central bank's post-financial crisis actions under a magnifying glass and found they have done little to boost the economy.
Four big behavioral factors that are at play in investors' concerns about rising interest rates.
China's Shenzhen Composite Index, having more than doubled in 2015, began declining about a week after the legendary bond manager made a prediction that Chinese stocks were overheated and poised to fall, and it has since plunged about 27%.
Bill Gross, who recommended shorting the Chinese stock market last month before it plunged, didn't actually do the trade. Instead he wagered against both the S&P 500 emerging market currencies.
At Pimco, Bill Gross built a reputation as the world's best bond trader. Now, at Janus Capital, he's managing a much smaller fund &mdash; all while being measured against his younger self.
<i>Breakfast with Benjamin:</i> An expected drop in crude prices to $30 to $40 a barrel this fall might not be enough to balance global oil markets.
<i>Breakfast with Benjamin:</i> For bond investors worried about what might happen when the Fed starts whittling down its $2.46 trillion of Treasuries, there's good news.
While alts have risen in popularity as a way to hedge Fed action, their usefulness is overstated, says strategist
<i>Breakfast with Benjamin</i>: Avoid these investing missteps when the next bear rumbles through the market.
Even with crude oil now hovering around $45 a barrel, there is debate over whether it is time to buy or steer clear of the global commodity.
Untested category suffers $4B in net outflows this year as it is about to be tested by higher rates.
The bond manager said regulators are looking into how the firm valued some mortgage-backed securities in the exchange-traded fund version of its flagship Fund.
Advisers need to provide better guidance so that clients get into &mdash; and out of &mdash; nontraditional bond funds at the right times.
