Financial Times (May 20)
“The plunge in yields on corporate and sovereign bonds in Europe and Asia — the value of bonds with a negative yield is nearly $10tn, according to Fitch — has sent investors racing into the US market.” This surging demand “has allowed companies to issue debt at lower yields, though US yields are still more attractive than in other parts of the world.”
Tags: Asia, Bonds, Corporate, Debt, Demand, Europe, Fitch, Investors, Negative yield, Plunge, Sovereign, U.S., Yields
Bloomberg (December 31, 2013)
Gold climbed higher and higher…until it didn’t. Very few predicted the extent gold would plunge in 2013. “One year ago, analysts surveyed by Bloomberg had a median price target of $1,815 an ounce for the end of 2013. Actual year-end price: around $1,200.” The 29% decline was the biggest since 1981.
Tags: Analysts, Climb Gold, Decline, Forecast, Plunge
Wall Street Journal (April 18, 2013)
“Gold’s Plunge Is Cause For Optimism.” Gold investors may not feel the same after watching their asset lose over 15% of its value since February. Still, the plunge could signal a promising trend if capital is redirected from dollar-devaluation hedges “toward investments in what has been called ‘the economy of the mind’—that is, new entrepreneurial endeavors and industries.”
Tags: Devaluation, Dollar, Economy of the mind, Gold, Investors, Plunge, Trend
