Two veteran observers of the global economy, former U.S. Treasury Secretary Robert Rubin and hedge fund manager John Paulson, offer mixed forecasts on immediate and long-term economic prospects.
Continue readin…
If the agreement between congressional Republicans and President Obama is ratified, Pimco, which manages the world’s largest bond fund, says the stimulative measure will contribute much to economic growth — and to the deficit….
The S&P 500 has rebounded 20% since its July 2010 low, which comes as bad news to perma-bears like Nouriel Roubini, Gary Shilling and Bill Gross, all of whom predicted the opposite. This raises several questions about how stock…
When it comes to predicting the U.S. economy, who has the best crystal ball? Lou Crandall, chief economist at economic advisory firm Wrightson ICAP, according to Bloomberg Markets magazine’s new list of top analysts released Th…