Q: Are there ways to protect a portfolio from a bear market in bonds? A: There’s growing concern in bond land. The stock market is firming, some investors are shifting cash from bonds to equities, and interest rates, still near all-time lows, likely will move higher over the next few years if the economy keeps […]
Archive for March, 2013
Stocks Testing Records—But There’s Still Room to Run
By GREGORY ZUCKERMAN The market is surmounting a wall of worries to approach all-time highs. The best news: There are reasons to think the good times will continue.
‘London Whale’ Sounded an Alarm on Risky Bets
By DAN FITZPATRICK, GREGORY ZUCKERMAN and SCOTT PATTERSON The J.P. Morgan Chase JPM +0.79%& Co. trader known as the “London whale” tried to alert others at the bank to mounting risks months before his bets ballooned into more than $6 billion in losses, according to people familiar with emails reviewed by J.P. Morgan and a […]
Paulson Holds on to Gold Bet as Others Dump Yellow Metal
By GREGORY ZUCKERMAN John Paulson still believes in gold. That has been a painful stance lately. But Monday finally brought some good news for the well-known hedge-fund manager and other gold bulls.
The hottest trade on Wall Street–Betting against the Japanese Yen
By GREGORY ZUCKERMAN Some of the biggest U.S. hedge-fund investors have made billions betting against the yen, exploiting Japan’s determination to weaken its currency and boost its economy. Wagering against the yen has emerged as the hottest trade on Wall Street over the past three months. George Soros, who made a fortune shorting the British […]