Michael J Chen

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Best Buy Cities: Where To Invest In Housing In 2015

With the housing market stabilizing and last year’s dramatic price increases behind us (on a national basis, at least), it’s not as easy to quickly flip homes for a profit. Instead, now might be a good time to think about buying housing to hold for the long-term.<p>Whether you’re an investor looking …

LGFV credit risk and the rate wall of China

2014-01-09T12:37:19.000Z<p>By: David Keohane<p>Have a chart from BofAML who, like many others, see financial conditions in China remaining tight as the …

Bank of Canada’s Stephen Poloz plays down effect of Fed tapering

OTTAWA — While the jittery focus of global investors is on a possible decision Wednesday by the U.S. central bank to begin winding down its huge …

What Pimco’s Bill Gross told investors during his worst year in two decades

2013 was a terrible year for investing in safe haven assets, most prominently gold, but also government bonds. So it shouldn’t be that surprising that it was also a difficult year for the world’s biggest bond fund.<p>Pimco’s $244 billion Total Return Bond just chalked up its worst year since 1994, and …