Markets am: Stocks climb on Yellen remarks, Treasury ownership m...

To view this email as a webpage, click here     Thursday November 14 2013     Markets   Stocks climb on Yellen remarks   Prepared remarks show US Fed chief nominee to take dovish tone at Senate hearing, suggesting sustained stimulus measures       Treasury ownership marks wealth divide   Since the 1980s, the proportion of debt owned by the top 1% has risen from 17 per cent to hit 30 per cent in 2000 and 42 per cent in 2013     Gold demand falls to four-year low   Industry lobby group the World Gold Council says that sentiment towards the yellow metal has shifted, while demand from India collapses     Corporate default risk models are broken   Credit analysts warn outlook for corporate defaults is now entirely dependent on the timing of the end of QE and the rise in interest rates     Earnings lift European equity markets   Earnings from France's Bouygues and the UK's Prudential lift Europe's equities markets in a rally that excludes only the utilities sector following a weak outlook from RWE         Video   The shades of "shadow banking"   Tracy Alloway, FT's US financial correspondent, speaks to John Authers about how non-bank lenders like Reits - Real estate investment trusts - have seen their assets rise by almost 60 per cent since the height of the crisis and drawn the attention of US regulators.           Manage email    Forward this email   Feedback    Manage portfolio Subscribe to the FT Follow the FT   Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.