austerity
The Organization for Economic Cooperation and Development (OECD) has released its latest economic assessment for the G7 group of the world’s largest developed economies. The OECD expects economic...
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Treasury Secretary Tim Geithner will caution austerity measures taken by, or perhaps forced on, many European nations could undermine any recovery there. In comments to the House Financial Services...
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Whether or not the Greek debt deal is finally (finally, finally) reached, the next big question outside if Greece will default again is what exactly the implications are for the Credit Default Swap...
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The Bank of Ireland (NYSE: IRE) may have been a dead stock (or ADR) by most counts. The recapitalization and dilution process here has been almost as uncanny as the bailouts that were given to...
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The Congressional Budget Office is out with its outlook and deficits are expected to continue. This report is released each January and the goal is not to be political from this body but to find...
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It seems that all of the nations around the world are facing sovereign credit ratings downgrades or warnings of downgrades. After the United States lost its prized “AAA” rating, the threat of...
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The Federal Reserve has issued some news that equity investors are going to love, and bond investors may enjoy the news as well as it could stop the blood-letting of bond spreads. The Federal...
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The next time you sing “Old McDonald Had a Farm” you might want to consider that it is really “Rich Man McDonald” if the USDA report is as clear as it sounds. The U.S....
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The new question of the week is whether or not Germany will get pulled down into the soup with the rest of Europe on the growing debt woes. A horrible bond auction on Wednesday in Germany now has...
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For-profit colleges have had a tough couple of years. First, the colleges were forced to change admissions procedures in a way that has cost them enrollment. Then student loan default rates and job...
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Central banks are contributing to world gold demand. The latest data from the World Gold Council indicate even more changes among the nations holding the most in gold reserves. Those are also some...
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Everyone loves the holidays and spending time off with the family (well, almost everyone), but no seems to like it when the cost of the holidays is much higher than just a year before. While...
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OK, the ratings agency games have always been interesting and that is hard to refute. Today’s news just takes the cake entirely. S&P has “clarified and erroneous message” when it comes to...
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