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By Marlene Y. Satter, AdvisorOne |
May 18, 2012
Moody’s cut the ratings of 16 Spanish banks, taking Banco Santander and Banco Bilbao Vizcaya Argentaria down three notches each. Fitch, meanwhile, dropped Greece into its lowest level in junk territory.
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By Marlene Y. Satter, AdvisorOne |
April 16, 2012
While yields are still near record lows and support lingers for austerity policies in some sectors, those policies are backfiring on the bond market in the U.K., with gilts losing 1.92% in Q1.
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By Marlene Y. Satter, AdvisorOne |
March 15, 2012
Fitch Ratings has downgraded the outlook for Britain after saying that the nation could lose its AAA rating because of a limited ability to deal with financial shocks.
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By Marlene Y. Satter |
February 24, 2012
Greece on Friday took the next step in a second bailout package after Parliament passed a law Thursday that requires all its bondholders to accept losses once a certain percentage of creditors have agreed.
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By Marlene Y. Satter |
February 20, 2012
The government's response to the 2008 default crisis has put the nation back on path of growth.
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By Marlene Y. Satter |
February 10, 2012
Greece’s hard-won agreement from political leaders in Athens was rejected late Thursday as not tough enough. Instead, Greece was told to go back to the drawing board.
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By Ed McCarthy, CFP |
February 1, 2012
The financial markets’ movement in 2011 led many investors to seek stable income and steady business models; midstream MLPs and other partnerships benefitted from that interest.
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By Marlene Y. Satter, AdvisorOne |
January 30, 2012
Fitch Ratings went on a roll on Friday, downgrading Belgium, Cyprus, Italy, Slovenia and Spain with the threat of additional cuts in the next one to two years.
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By Marlene Y. Satter, AdvisorOne |
January 16, 2012
After downgrading most of the eurozone on Friday, Standard & Poor's said that the continued triple-A rating for the European Financial Stability Facility, the region's rescue mechanism, depended on more participation from Germany and other nations that retained their top credit rating.
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By Gil Weinreich, Advisorone |
January 12, 2012
The U.S. Commerce Department reported flat retail sales in December, but the lackluster news may mask more positive news on the critical consumer front of the economy.