John Bellows, an investment strategy analyst at Legg Mason's fixed income subsidiary Western Asset Management, explains why fiscal policy is holding back corporate confidence in the US, and discusses the impact of the fiscal cliff on bond markets.
The manager of the world's largest bond fund has said a Red or Blue victory will not make any difference to the US economy as the effects of monetary policy have already reached their limits.
US stock markets powered ahead after the opening bell as private sector jobs data released today painted a much brighter picture than analysts had expected.
The soaring share price of Lions Gate Entertainment and Disney's $4bn acquisition of Lucasfilm demonstrate the increasing power of content providers, according to Alliance Trust Asset Management's Justin Atkinson.
Barclays has teamed up with Amundi Investment Solutions to launch a fund providing exposure to US takeovers.
The US government has postponed the start date of incoming tax regime FATCA to give businesses more time to comply with the rules.
Investment veteran Warren Buffett expects US growth to continue "inching ahead" of its Western counterparts, despite the looming fiscal cliff putting the country at risk of slipping back into recession.
Shares in Google closed down 8% after the tech giant's third quarter results - revealing a 20% drop in profits - were mistakenly released ahead of the US market close.