What We Read Today 06 March 2013

March 6th, 2013
in econ_news, syndication

Econintersect: Click Read more >> below graphic to see today's list.

The top of today's reading list discusses SEC charges that advisors are mishandling client assets ........ and the last article is a review of Jeffrey Gundlach's return to bond investments.

Follow up:

  • It’s All JP Morgan’s Fault (Melanie Rodier, Wall Street & Technology, 05 March 2013)  Senate report due 15 March will say that the $6 billion loss at JPMorgan was not due to "The Whale" but to JPM executives' deceptive behavior.
  • Exclusive: DoubleLine's Gundlach shifts gears, now buys U.S. bonds (Reuters, 04 March 2013)  This is big news.  Gundlach was strongly bullish on bonds until 2Q 2012, when he went into the strongly bearish camp.  He reversed very near the low for 10-year interest (near 1.4%).  He started buying again in February 2013 when the 10-year moved above 2%.

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