The Global Markets Channel

Madeleine Albright on Devin Nunes, Dennis Rodman and America’s Biggest Threats

In preparing for her 2000 visit to North Korea, Madeleine Albright was told that Kim Jong-il was an avid basketball fan. “I am totally responsible for Dennis Rodman,” she said.

S&P 500 Snapshot: Index Bounces Back

The S&P 500 bounced back, ending the positive week with a gain of 4.30% from last Friday. The week also saw daily gains and is 4.90% off its record close.

ECRI Weekly Leading Index Update: WLI Down from Last Week

Today's release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 149.8, down 2.4 from the previous week. Year-over-year the four-week moving average of the indicator is now at 4.28%, down from 4.31% last week. The WLI Growth indicator is now at 8.5, up from the previous week.

1-on-1 With Michael Hasenstab: Market Changes and Challenges

Hasenstab shares his thoughts on navigating today’s market challenges. He covers recent market volatility, inflationary threats in the United States, upcoming elections in Latin America, potential “fault lines” in Europe and credit risk in China.

Economy Faces Slowdown as Oil/Commodity Prices Slide

Recent oil/commodity market rallies created an extra month of “apparent demand” down the major value chains, as buyers added inventory ahead of expected price increases for their own raw materials. In turn, this created the illusion of a synchronized global recovery – but reality will now intrude as the rallies end.

Is American Energy on the Verge of a New Golden Age?

The U.S. has been a net importer of energy since 1953, but that’s set to change early next decade, according to the Energy Information Administration (EIA). In its highly anticipated Annual Energy Outlook 2018, the agency forecasts that the U.S.

Equity Market Sell-Off: Return to Reality?

Global equity markets are still hurting from last week’s sell-off. Yet the renewed volatility could mark a return to reality after an unusually long period of steady gains and may even foster a healthier investing environment over time.

On My Radar: The Volatility Flash Crash Explained

One of my big risk concerns is the unknown amount of money in the risk parity trade. Essentially, volatility drives the weighting decisions. If equity market vol is low, then equities get a weighting. If equity market vol picks up, then, by rule, the risk parity strategies rebalance their exposures… in this case, reduce equity market exposure. They are mathematically-driven strategies and all essentially use very similar volatility measurements.

Pullbacks, Indicators, Barometers, and Fear

So most know we took one of our South Florida speaking tours last week. Such tours consist of meeting with portfolio managers, presentations to clients of Raymond James, branch visits with our financial advisors, doing the media thing, well you get the idea.

Looking Past Volatility

PIMCO takes a long-term view of markets and economies, one that anchors investment decisions during shorter-term periods of market volatility. Nonetheless, the dramatic return of market volatility has understandably unnerved many investors.

A Country Picker's Market

Learn why the current environment may support country investing.

Hot Out of the Gate

A monthly review of market-moving events across countries and asset classes, and what investors can expect going forward.

Where Will We Get the Cash?

Last week’s turbulence shined a harsh spotlight on the stock market. Appropriately so, if that’s where your investments are. But in the hubbub many investors are missing the deeper and far more urgent bond market issues.

Reflation and Reflection

It is said we should be careful what we wish for, because we just might get it. Beginning late last week, stocks finally stepped back. Market declines of 5% and even 10% occur with some regularity, even in the midst of long bull intervals

An Olympian's Guide to the Market Selloff: Seeking Rewards In High-Risk Situations

Today I’d like to share a few words about the Olympics, but first, two words: Don’t panic.