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BBC News business live
'Bold reaction' needed from central banks [pdf] - 6/27/2016
The uncertainty caused by Brexit is unlikely to die down in the short term said Francisco Torralba, senior economist for Morningstar’s Investment Management group.
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onwallstreet.com
What to Tell Clients: The Year Ahead for Equities [pdf] - 1/6/2016
Advisors may be fielding some calls from nervous clients this week. The new trading year kicked off inauspiciously, with a global rout amid concerns about an economic slowdown in China and escalating tensions in the Middle East. Overall, it may be a challenging year ahead for advisors and their clients. And while investor attention is currently focused on global markets, China growth and energy prices, Fed tightening also remains a persistent factor for equities in 2016.
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Morningstar.com
[Video] September 2015 Employment Report - 10/02/2015
Disappointing jobs report underscores Fed's dilemma.
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Bankrate.com
Survey: Finance Gurus See Growing Risk of a Bear Market [pdf] - 10/01/2015
Key findings of Bankrate's October 2015 Market Mavens Survey.
--------------------------------------------------------------------------------------------------------------------------Key findings of Bankrate's October 2015 Market Mavens Survey.
Morningstar.com
[Video] Market Overreacting to China News [transcript - pdf] - 08/25/2015
The depth of the market sell-off isn’t justified by the data out of China, but that doesn't mean stocks look cheap today, says Morningstar’s Francisco Torralba.
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USA Today
Apple feels the pain of China's yuan move [pdf] - 08/11/2015
U.S. companies that rely heavily on sales to China, including Apple and fast-food chain Yum Brands, are feeling the pain of China's move to weaken its currency.
U.S. companies that rely heavily on sales to China, including Apple and fast-food chain Yum Brands, are feeling the pain of China's move to weaken its currency.
Morningstar Finland
Ilman velkahelpotusta Kreikka lähtee eurosta [pdf] - 08/07/2015
Third Greek package will lead to continuing crises, believes the Morningstar Investment Management economist Francisco Torralba.
Third Greek package will lead to continuing crises, believes the Morningstar Investment Management economist Francisco Torralba.
Moneycontrol.com
Global markets have priced in Fed rate hike: Morningstar [pdf] - 08/07/2015
Global financial markets have been buffeted by a series of developments - Greece bailout, China market crash, crude oil crash - over the last few months, and the storm is far from over. The most keenly watched event over the next few weeks will be the Federal Reserve's action on interest rates. The consensus view on the first rate hike is September, but many market watchers also feel that...
Global financial markets have been buffeted by a series of developments - Greece bailout, China market crash, crude oil crash - over the last few months, and the storm is far from over. The most keenly watched event over the next few weeks will be the Federal Reserve's action on interest rates. The consensus view on the first rate hike is September, but many market watchers also feel that...
Bankrate.com
Survey: Stock Market Gurus Predict Millennials Will Get over a Big Financial Phobia [pdf] - 07/14/2015
Key findings of Bankrate's July 2015 Market Mavens Survey.
Key findings of Bankrate's July 2015 Market Mavens Survey.
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Asking Market Pros: Is It Bear Season on Wall Street? [pdf] - 07/14/2015
The Standard & Poor's 500 index soared 32.4% in 2013 and jumped another 13.7% last year, but stocks have been struggling to gain momentum so far in 2015. As part of our third-quarter 2015 Bankrate Market Mavens survey of leading financial market analysts, we asked: What is the probability that stocks will move into a bear market in the next 12 months?
[Video] Agreekment! - 07/13/2015
Phone interview with Japanese TV, about the Greek agreement of July 13.
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livetradingnews.com
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Nikkei CNBC[Video] Agreekment! - 07/13/2015
Phone interview with Japanese TV, about the Greek agreement of July 13.
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Putting the Greek Turmoil in Perspective + Crude Oil [pdf] - 07/07/2015
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Newsmax
Will Greek Crisis Be Contained or Will Markets Nosedive? [pdf] - 07/07/2015
Indirect quotes from my interview with CNBC on 07/06/2015.
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CNBC Asia
[Video] Why Markets Are Shrugging off Greece's 'No' Vote [screenshot - png] - 07/06/2015
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Morningstar.com
A Guide to the Greek Crisis [pdf] - 07/01/2015
How Greece got here, what the referendum means, and the possible scenarios post-July 5.
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Morningstar.com
[Video] Where Will Greece Go from Here? [transcript - pdf] - 07/01/2015
Morningstar Investment Management senior economist Francisco Torralba outlines the possible scenarios and what they mean for the eurozone and U.S. investors.
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Law360
Greek IMF Default not 'Another Lehman,' but Worries Linger [screenshot-png; full text-pdf] - 06/30/2015
After Greece’s historic default on a €1.55 billion ($1.7 billion) International Monetary Fund payment that was due Tuesday, experts say fallout from the high-stakes showdown isn’t likely to disturb European capital markets in the near term, though long-term uncertainties linger.
Houston Chronicle
Oil Sputters amid Greek Debt Crisis [pdf] - 06/29/2015
U.S. crude prices reach lowest point in three weeks.
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Charles Schwab Insights
What Can You Expect from QE in Europe? [pdf] - 6/19/2015
Since March, the European Central Bank (ECB) has sought to lower long-term interest rates and stimulate growth through monetary policy—an approach known as quantitative easing, or QE. In the United States, the Federal Reserve implemented quantitative easing to help combat the recession; the policy remained in place from 2009 to 2014. The program had its critics, but many market watchers agree that it helped markets and the economy rebound. The European QE experience may not be the same, due to differences in politics, fiscal policy, the length of the central bank’s bond-buying programs and market forces.
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LA Times / Chicago Tribune
How the Greek Debt Standoff Got to This Point and Where It May Go [pdf] - 6/18/2015
Time is running out for Greece to reach a compromise with its creditors to get more money before risking a default that could plunge the 19-nation euro currency bloc and global markets into crisis.
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Market Wrap with Moe
[Audio] GDP Numbers and the First Rate Hike [mp3] - 05/29/2015
Short interview, starting on minute 25:17 of the show, mainly about the GDP numbers and Greece.
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Morningstar.com
[Video] Global Economy: Biggest Concerns and Bright Spots [transcript - pdf] - 05/13/2015
Multiple risks brewing in China may be tempered by continued accommodative central bank policies, says Morningstar Investment Management's Francisco Torralba.
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CNBC
Don't buy this, buy that: Quality small-cap stocks [pdf] - 04/30/2015
With volatility rampant, valuations frothy and economic headwinds on the horizon, it may be time to ratchet back exposure to small-cap stocks—at least over the short term. Or not, depending on whom you ask.
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Bankrate.com-----------------------------------------------------------------------------------------------------------------------
Asking Market Pros: What Will Drive Stocks? [pdf] - 04/01/2015
In our first Bankrate Market Mavens Survey of leading financial market analysts, we asked: What forces will be the biggest drivers for stocks over the next year?
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ThinkAdvisor-----------------------------------------------------------------------------------------------------------------------
Spain Could Follow Greece Down Anti-Austerity Trail [pdf] - 02/19/2015
Greece's crisis might have political consequences in Spain.
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Netflix's Big Bet on Cuba, Despite Low Income and Slow Internet Speed [pdf] - 02/09/2015
Cuba's official statistics on income don't account for substantial income from informal occupations.
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Morningstar.com
[Video] January 2015 Employment Report [transcript - pdf] - 02/06/2015
Excellent numbers on payrolls, unemployment and wages.
Learnvest
Economic Crystal Ball: 3 Investing Bigwigs Offer Market Predictions for 2015 [pdf] - 01/20/2015
A lot of new employment has been created in low-wage industries.
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ABCNews
What the Dropping Euro, Stronger Dollar Mean for You [pdf] - 01/05/2015
American tourists in Europe may notice a price reduction, while at home the effect on prices will be small.
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Morningstar.com
[Video] June 2014 Employment Report [transcript - pdf] - 07/03/2014
Broad-based employment gains and few signs of wage inflation should keep the Fed on track to raise rates as early as the first quarter of 2015, says Morningstar's Francisco Torralba.
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derStandard.at
Steigende US-Zinsen bedrohen Schwellenländer [pdf] - 01/14/2014
Wenn die US-Notenbank ihre Geldpolitik strafft, hat das meist globale Auswirkungen. Höhere Zinsen und ein stärkerer Dollar haben ab 1982 zur Lateinamerika-, ab 1997 zur Asienkrise beigetragen. Denn Schwellenländer sind in diesen Fällen viel schwerer an die wichtigen Dollars gekommen, die sie zur eigenen Finanzierung brauchten. In vielen Fällen haben Unternehmen und Staaten den Finanzmarkt in den USA genutzt, um sich zu finanzieren..
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bankinvestmentconsultant.com
Can the 1994 Bond Collapse Repeat? - 05/22/2013
What will happen if 1994's sudden burst in interest rates repeats itself?
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Bond Buyer
Can the 1994 Bond Collapse Repeat? - 05/22/2013
What will happen if 1994's sudden burst in interest rates repeats itself?
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Morningstar.com
[Video] April 2013 Employment Report [transcript - pdf] - 05/03/2013
April's employment report was stronger than expected, but gains have been less broad-based recently, and we may have to live with a higher unemployment rate than we've seen in the past, says Francisco Torralba of Morningstar's investment management division.
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Money
Higher Yields on Savings Accounts? It Will Be a While [pdf] - 10/25/2012
Waiting for higher yields on savings? Don’t hold your breath.
ABC News
Federal Reserve Expects to Keep Interest Rates Low Through Mid-2015 [pdf] - 09/13/2012
The Federal Reserve announced its highly-anticipated quantitative easing, or its so-called QE3, purchasing additional agency mortgage-backed securities at a pace of $40 billion per month in another effort to stimulate the struggling economy.
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Atlantico
Marchés : les Investisseurs Déboussolés [pdf] - 04/17/2012
Dans l’œil des marchés : Dominique Trenet, stratégiste dans une société de gestion indépendante, dresse, chaque mardi, un panorama de ce qu'écrivent les analystes financiers et politiques les plus en vue du marché.
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MSNBC Bottom Line
Nation's Debt Passes Grim Milestone [pdf] - 1/9/2012
The nation's debt has reached a symbolic milestone. With gross domestic product of roughly $15 trillion and total debt of $15.23 trillion, our total debt is now bigger than our economy, as USA Today noted Monday.
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USA Today
Dogs Talk! Bonds Beat Stocks! Dealing with the Unexpected [pdf] - 1/5/2012
Sometimes the unexpected happens, and it changes your perception of the world. Stumble upon a new hemisphere without falling off the side of the Earth? That would do it. Catch your cat sending e-mails? That would do it, too.
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ABC Local
NewsViews: The Economy [pdf] - 12/18/2011
On this edition of NewsViews we're discussing the economy and some of the positive signs we've seen recently. Will they continue into the New Year? Joining us to discuss this question and others are Dr. Faisal Rahman from St. Xavier University and Francisco Torralba of Morningstar.
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TheStreet.com
What Data to Watch in Europe [pdf] - 11/29/2011
We already asked economists what they think is most misunderstood about the debt contagion. Next we ask them which economic indicators in Europe that U.S. investors should pay more attention to.
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TheStreet.com
European Debt Crisis "Lost in Translation" [pdf] - 11/28/2011
The longer the crisis runs its course -- now ongoing for two years -- the more investors get bombarded with increasingly complex details. TheStreet asked economists to help investors by writing back their thoughts on this question: What part of the debt crisis do you think is most misunderstood by investors?
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Neue Zürcher Zeitung
Amerikas Gläubiger bewahren die Ruhe [pdf] - 11/27/2011
Die USA haben so hohe Schulden wie noch nie. Doch sie können sich das leisten.
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Corriere della Sera
Mercati Bisogna Preparare i Portafogli per la Recessione [pdf] - 11/21/2011
Torralba: «Nel 2012 il Pil di Eurolandia può scendere anche del 3%. Ma chi sceglie la Borsa in 3/5 anni potrebbe fare un grande affare»
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TheStreet.com
Don't Blame the Fed for Selloff [pdf] - 9/22/2011
TheStreet.com
Leading Indicators Show Investors Shunning Stocks [pdf] - 9/22/2011
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Expansión
Una Sensación de Riesgo Permanente [pdf] - 9/11/2011
”EEUU no olvida”, suele decir Obama al recordar el 11-S. La economía tampoco lo hace. Los expertos repasan los principales cambios que ha vivido el mundo financiero cuando se cumple una década de los atentados.
CBS 2
Chicagoans Have Hopes For Obama Job Plan [pdf] - 9/8/2011
CBS 2 hosted two unemployed residents and an economic analyst Thursday as President Obama made his job-creation proposal.
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WTTW - Chicago Tonight
[Video] Market Volatility [screenshot - png] - 8/18/2011
With more bad economic news, the financial markets take another nosedive. Is a second recession on the way? Eddie Arruza and his panel look at what is driving down stocks.
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TheStreet.com
Import Prices Rebound Slightly in July [pdf] - 8/16/2011
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TheStreet.com
Europe's Rally Sets Stage for Flop [pdf] - 8/12/2011
Huffington Post
U.S. Economy: No Repeat of 2008 Financial Crisis, But Still Vulnerable To Shock [png] - 8/9/2011
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ABC Local
[Video] Francisco Torralba answers your questions [screenshot - png] - 8/9/2011
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Neue Luzerner Zeitung
Weltmacht am Abgrund - 8/7/2011
Long the USA was the model of the western world. Today, the once proud nation but a shadow of itself: hopelessly insolvent, paralyzed by a divided political class, plagued by high unemployment and a crumbling infrastructure. Seven Reasons for the decline of America.
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Neue Zürcher Zeitung
Weltmacht am Abgrund [png] - 8/7/2011
Long the USA was the model of the western world. Today, the once proud nation but a shadow of itself: hopelessly insolvent, paralyzed by a divided political class, plagued by high unemployment and a crumbling infrastructure. Seven Reasons for the decline of America.
TheStreet.com
July Job Gains Signal Stabilizing Unemployment [pdf] - 8/3/2011
A rise in private sector employment in July may lessen fears of a recession but isn't likely to significantly move the needle in the nation's hefty 9.2% unemployment rate.
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Seeking Alpha
Morningstar Economist Francisco Torralba Says Debt Deal Doesn't Go Far Enough [pdf] - 8/2/2011
Absent either more cuts or revenues to satisfy the rating agencies - especially Standard & Poor's - they could lower the U.S. AAA rating as early as this month to AA.
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La Carta de la Bolsa
S&P Podría Rebajar Rating de EEUU hasta AA [pdf] - 8/2/2011
Morningstar economist, Francisco Torralba, says the debt agreement in the U.S. doesn't go far enough and the absence of more cuts or revenues could push the rating agencies--especially S&P--to reduce the AAA rating to AA as soon as this month.
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Morningstar Netherlands
“Afwaardering VS Onvermijdelijk Ondanks Akkoord” [pdf] - 8/1/2011
De VS zullen hun AAA-rating verliezen ook al is er een akkoord bereikt over het schuldenplafond. Dat meent Morningstar-econoom Francisco Torralba.
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Analyst.nl
Morningstar Verwacht nog Steeds Afwaardering VS [pdf] - 8/1/2011
Het kan niet anders dat de VS uiteindelijk toch een afwaardering van haar kredietwaardigheid krijgt zo verwacht Francisco Torralba van het onderzoeksbureau Morningstar. Torralba verwacht dat de VS sowieso haar AAA-rating gaat verliezen omdat de lange termijn perspectieven niet gunstig zijn.
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bankinvestmentconsultant.com
Morningstar Economist Predicts U.S. Downgrade Despite Debt Deal [pdf] - 8/1/2011
Whatever the members of the House and Senate do Monday night with the deficit ceiling and deficit-trimming bill that is being put to a vote, the U.S. is not out of the woods yet, according to Morningstar Investment Management economist Francisco Torralba.
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financial-planning.com
Morningstar Economist Predicts U.S. Downgrade Despite Debt Deal [pdf] - 8/1/2011
Whatever the members of the House and Senate do Monday night with the deficit ceiling and deficit-trimming bill that is being put to a vote, the U.S. is not out of the woods yet, according to Morningstar Investment Management economist Francisco Torralba.
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onwallstreet.com
Morningstar Economist Predicts U.S. Downgrade Despite Debt Deal [pdf] - 8/1/2011
Whatever the members of the House and Senate do Monday night with the deficit ceiling and deficit-trimming bill that is being put to a vote, the U.S. is not out of the woods yet, according to Morningstar Investment Management economist Francisco Torralba.
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Xinhuanet.com
Economists Divided on Damage of Possible U.S. Credit Downgrade [pdf] - 7/29/2011
With the possibility of missing the Aug. 2 deadline looming ever larger after the U.S. House of Representatives Thursday night delayed a vote on a plan to raise the U.S. debt ceiling...
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CNBC Asia
[Video] Expect a U.S. Downgrade [screenshot - png] - 07/29/2011
A downgrade will happen regardless of the debt decision in Congress.
Morningstar.com
[Video] U.S. Downgrade Inevitable [transcript - pdf] - 07/29/2011
The U.S. will lose its AAA credit rating regardless of what Congress does in the coming days.
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TheStreet.com
Debt Worries Cause Tug of War in Bonds [pdf] - 7/19/2011
Sovereign bonds: tail risks in the U.S. and the eurozone.
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El Economista
Ecofondo: Cómo Ganar Dinero Invirtiendo en Europa [pdf] - 7/18/2011
El segundo trimestre de 2011 vio una deceleración de la actividad económica global, tras un crecimiento moderado durante el primer trimestre.
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Neue Zürcher Zeitung
Tauziehen am Abgrund [pdf] - 7/17/2011
Die Unfähigkeit der USA, das Schuldenproblem zu lösen, treibt den Dollar in ungeahnte Tiefen.
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Pensions & Investments Online
Experts Expect 'Soft' Recovery to Continue, U.S. Equities to Gain - 6/27/2011
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National Public Radio
[Audio] Debt Ceiling Hangs Over Deficit Reduction Talks [mp3] [transcript - pdf] - 5/11/2011
Wall Street doesn't seem nervous over looming debt ceiling deadline.
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China Securities Journal
News Analysis: As Inflation Stalks Asia, U.S. Safe, for Now [pdf] - 2/21/2011
While Asian economies risk overheating and an increase in inflation, the United States remains safe -- so far.
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Minyanville
The Inflation Sensation [pdf] - 2/17/2011
How to adjust your portfolio in an inflationary environment.
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Xinhuanet.com
U.S. Markets, Oil Prices Stable amid Egyptian Turmoil, for Now [pdf] - 2/3/2011
If upheaval in Egypt spreads to major oil exporters in the Middle East, oil prices could surge.
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TheStreet.com
Debt Worries Cause Tug of War in Bonds [pdf] - 7/19/2011
Sovereign bonds: tail risks in the U.S. and the eurozone.
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El Economista
Ecofondo: Cómo Ganar Dinero Invirtiendo en Europa [pdf] - 7/18/2011
El segundo trimestre de 2011 vio una deceleración de la actividad económica global, tras un crecimiento moderado durante el primer trimestre.
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Neue Zürcher Zeitung
Tauziehen am Abgrund [pdf] - 7/17/2011
Die Unfähigkeit der USA, das Schuldenproblem zu lösen, treibt den Dollar in ungeahnte Tiefen.
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Pensions & Investments Online
Experts Expect 'Soft' Recovery to Continue, U.S. Equities to Gain - 6/27/2011
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National Public Radio
[Audio] Debt Ceiling Hangs Over Deficit Reduction Talks [mp3] [transcript - pdf] - 5/11/2011
Wall Street doesn't seem nervous over looming debt ceiling deadline.
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China Securities Journal
News Analysis: As Inflation Stalks Asia, U.S. Safe, for Now [pdf] - 2/21/2011
While Asian economies risk overheating and an increase in inflation, the United States remains safe -- so far.
Minyanville
The Inflation Sensation [pdf] - 2/17/2011
How to adjust your portfolio in an inflationary environment.
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Xinhuanet.com
U.S. Markets, Oil Prices Stable amid Egyptian Turmoil, for Now [pdf] - 2/3/2011
If upheaval in Egypt spreads to major oil exporters in the Middle East, oil prices could surge.
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U.S. News
How QE2 Could Affect your Money [pdf] - 11/17/2010
Effects (or lack thereof) of the Fed's second round of quantitative easing on expected asset returns.
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NPR - Marketplace
[Audio] What is Google's Price Index? [mp3] [transcript - pdf] - 10/14/2010
Comments on Google's new price index.
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Pensions & Investments
3 receive Nobel Prize for Supply-and-Demand Research - 10/11/2010
Comments on the work of the 2010 Nobel Prize winners.
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Cdtv.net
[Audio] Interview about Economic Situation - 07/16/2010
The economic data that Francisco Torralba is watching.
