Jeff Cox, CNBC.com’s Posts

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A man walks past a Pacific Investment Management Company LLC (PIMCO) advertisment which is displayed on a building in Hong Kong, China.

Investors have been withdrawing money aggressively out of bond funds recently, and it’s pretty much all Pimco’s fault. In fact, when excluding flows from the Newport Beach, California-based fixed income behemoth, all other bond funds actually have been taking in money, according to calculations from Morningstar that highlight just how pronounced a reaction investors have …

Lucas Jackson | Reuters
Traders work on the floor of the New York Stock Exchange, Nov. 7, 2014.

A brief pause in the pace of companies buying back their own stock likely will reverse in 2015, with companies expected to crank up the repurchase machine. Buybacks probably will increase 18 percent to $707 billion next year, according to an analysis from Goldman Sachs that also projects only a modest growth in business investment. …

Lucas Jackson | Reuters
Traders on the floor of the New York Stock Exchange.

Friday’s stock surge provides yet another reminder that when it comes to moving the market, there’s nothing like a little old-fashioned money printing. What waits on the other side—asset bubbles, inflation, the prospects for still greater wealth disparity—remains, of course, an issue for another day. The important thing is that the market wants what the …

Sean Gallup | Getty Images

Here’s where a $40 billion trade deficit comes in handy. Because the U.S. has such a sharp imbalance between what it imports and exports, expected global weakness ahead likely won’t have a severe effect on domestic economic growth, according to a report this week from Goldman Sachs economists. In fact, Goldman held firm to its …

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New York Federal Reserve President William Dudley

The mood may have been polite and diplomatic, but the message was not. At an otherwise docile gathering Monday, New York Fed President William Dudley and Fed Gov. Daniel Tarullo delivered a message to high-ranking Wall Street executives that bad behavior won’t be tolerated. Dudley in particular said big financial institutions operate under a cloud …

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Income inequality in the United States is near its highest levels of the past 100 years, Fed Chair Janet Yellen said on Friday. Yellen, in remarks prepared for a speech Friday morning, said she was concerned about both the growing burden of student debt and the decline in new business formation, which she said could …

Adam Jeffery | CNBC
A trader works on the floor of the New York Stock Exchange as the Alibaba Group IPO goes public.

Call it coincidence if you will, but the biggest initial public offering of all time also happened to hit Wall Street the same day the stock market peaked. Almost at the exact moment, actually: Just eight minutes after Alibaba‘s much-ballyhooed Sept. 19 IPO—which soared at the start but fizzled soon after—hit the market, the S&P …

Brent Lewin | Bloomberg| Getty Images

The high-profile departure of Bill Gross has cost Pimco another customer. As the fallout continues since Gross left the Newport Beach, California-based asset manager last month, the Arkansas Teacher Retirement System said it has cut ties, according to a report in Pensions & Investments. Pimco had managed about $475 million for the fund as part …

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Trader on the floor of the New York Stock Exchange.

Technical strategist Abigail Doolittle is holding tight to her prediction of market doom ahead, asserting that a recent move in Wall Street’s fear gauge is signaling the way. Doolittle, founder of Peak Theories Research, has made headlines lately suggesting a market correction worse than anyone thinks is ahead. The long-term possibility, she has said, is …

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Trader on the floor of the New York Stock Exchange.

Investors held their breath Friday for another wild day on Wall Street, in a whipsaw week that has seen some of the biggest gains—and losses—for stocks all year. Whether it’s anticipation of interest rate movement, headwinds posed by global macroeconomic factors or the impending earnings season, there’s been something for everyone, bulls and bears alike. …

Jim Young | Reuters
Bill Gross

In his first on-the-record comments since joining Janus Capital, Bill Gross said global economic growth is declining, causing central banks to take an aggressive stance unlikely to change soon. That’s problematic in some sense, though: Measures from institutions like the Federal Reserve and others are causing distortions in financial markets that need to be corrected. “A …

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A transmission for a Chrysler Ram 1500 truck goes through the assembly line at the Warren Truck Assembly Plant in Warren, Michigan, September 25, 2014.

Job growth bounced back in September after a disappointing August, with the U.S. economy creating 248,000 fresh positions. The Bureau of Labor Statistics also reported that the unemployment rate fell to 5.9 percent as the labor force participation rate fell to 62.7 percent, its lowest level since February 1978. Taken together, though, the numbers renewed …

Andrew Harrer | Bloomberg | Getty Images
Janet Yellen

The Federal Reserve may go from moving the goal posts to removing them altogether when it comes to setting interest rate expectations. Those goal posts have come in the form of economic numbers—more specifically, 6 percent unemployment and 2 percent inflation—that, if hit, would trigger interest rate increases. But many central bank watchers agree that …

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Bill Gross

In a move that stunned Wall Street, bond guru Bill Gross is joining Janus Capital Group, effective Sept. 29, the company announced Friday. Gross is leaving as chief investment officer of Pimco, the company he founded, after a remarkable 43-year tenure. Gross was about to be fired from the Newport Beach, California-based firm, due to what was termed …

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Federal Reserve Board Chair, Janet Yellen.

In another month, investors won’t have Federal Reserve money stimulus to juice up the market. In return, they do have one thing they might rather not see: An exit door. Even if the U.S. central bank didn’t exactly start flashing the lights to indicate that the easy-money party is over, it at the very least …