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International investors are the most bullish they’ve been on the U.S. and Japanese markets in more than 3-1/2 years as both countries’ economies are seen as improving, according to the latest Bloomberg Global Poll.
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Pacific Investment Management Co., home to the world’s biggest fixed-income fund, is shying away from risky assets as it sees a growing disconnect between the performances of financial markets and the global economy.
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America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach -- and investors are taking notice.
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The wealth effect from rising house prices may not be as effective as it once was in spurring the U.S. economy.
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Slowing inflation is giving central bankers scope to provide the world economy with more liquidity and lower interest rates for longer, all in the name of price stability.
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Like a horror movie with multiple sequels, The Economy: Spring Swoon IV probably won’t be as surprising or as scary as its predecessors.
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Bank of Israel Governor Stanley Fischer endorsed Japan’s efforts to end 15 years of deflation and suggested that other nations should refrain from criticizing the world’s third-largest economy.
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Harvard University economists Carmen Reinhart and Kenneth Rogoff acknowledged today that they had made a mistake in a 2010 paper that has been used to justify fiscal consolidation in the U.S. and Europe, while arguing that the error didn’t change the basic findings of their research.
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A paper by Harvard University economists Carmen Reinhart and Kenneth Rogoff that has been cited by Republican lawmakers to justify eliminating the budget deficit contains “serious errors,” according to a study by a group of University of Massachusetts academics.
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A newly elected Democratic president pushes a controversial tax increase through Congress without a single Republican vote. A veteran Federal Reserve chairman holds short-term interest rates at record lows. And the economy struggles to recover from a financial crisis.