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By Gil Weinreich, AdvisorOne |
August 28, 2012
State budget gaps have shrunk by half compared to the previous year, yet the mountain of debt burdening the states has barely budged—indicating a systemic crisis fueled by unfunded liabilities.
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By Ron DeLegge, ETFguide.com |
July 26, 2012
Moody’s Investors Service gave its token credit downgrade to a dozen global banks (IXG) including five of the six largest U.S. banks—and financial stocks responded by shooting higher. What’s going on?
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By Marlene Y. Satter, AdvisorOne |
June 26, 2012
The troubled eurozone continued to experience turmoil as Moody’s downgraded 28 Spanish banks and Cyprus requested a bailout that could amount to more than half its economy.
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By Marlene Y. Satter, AdvisorOne |
June 14, 2012
Moody's cut the ratings of Spain and Cyprus on Wednesday. Bond yields topped 7% for Spain, and in Italy’s first bond sale since Spain’s bailout yields surged.
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By Marlene Y. Satter, AdvisorOne |
June 12, 2012
Mere days after Spain received a bailout deal, wary investors and some eurozone officials turned their attention to Italy, proving that contagion fears are far from soothed.
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By John Sullivan, AdvisorOne |
May 29, 2012
Those AAA-rated subprime loans certainly didn’t help.
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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, AdvisorOne |
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.