The Treasury has to find buyers for trillions of dollars in new bonds needed to fund the federal deficit. It hopes average citizens will pony up and invest in some $337 billion worth. But for a host of reasons, “safe” T-bonds m…
Standard & Poor’s downgraded Ireland’s debt rating by one notch on Wednesday due to concerns over possible increased capital requirements by the country’s banks.
Continue reading S&P Downgrades Ireland’s De…
The bank now say positive trends in consumer spending, employment and the stock market will likely boost U.S. economic growth higher than the 3% most analysts had previously predicted. Deutsche’s chief equity strategist is pred…
When some new members of Congress recently said they oppose raising the U.S. debt limit, it triggered warnings of “catastrophic consequences.” Indeed, the result wouldn’t be pretty. But here’s what’s at stake as the country’s d…
The Federal Reserve is doling out billions to buy bonds in hopes of keeping interest rates low and stimulating the economy. However, several powerful forces are working against that low-rate strategy, ranging from investor psyc…