Retail cash inflows to bank loan mutual funds and exchange-traded funds totaled $726 million for the week ended Nov. 20, according to Lipper, a division of . That is down from $829 million last week but up from $577 million two weeks ago.
LONDON -- Global stocks may be running out of room to rally further after a bumper year as the fragile economic recovery and the prospect of a cut in the Federal Reserve's bond buying discourage big investors.
The New York Times published an oped yesterday by Jared Bernstein and Dean Baker, which presents a badly misinformed view of trade deficits, budget deficits, and the causes of economic growth. Nearly every paragraph in the piece relies on an assailable premise or discredited assertion.