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Ray Dalio Calls Debt Limit A Farce: 'Works Like A Bunch Of Alcoholics Who Write Laws To Enforce Drinking Limits'
Wednesday, January 25, 2023 - 9:46pm | 542Read More...Ray Dalio, the founder and CIO of hedge fund Bridgewater Associates, believes what is called the debt limit never actually limits the debt, but is in fact a farce. What Happened: “It’s a farce that works like a bunch of alcoholics who write laws to enforce drinking...
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Biden Says No Intention To Let Republicans 'Wreck Our Economy' As Democrats Keep Pushing GOP For Plans On Debt Ceiling
Tuesday, January 24, 2023 - 10:37pm | 465Read More...Congressional Democrats are now reportedly pushing Republicans to come up with a proposal to increase the debt ceiling and avert a U.S. default after they met with President Joe Biden on Tuesday. Senate Majority Leader Chuck Schumer said at the White House, “One of the...
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Yellen Activates Another 'Extraordinary' Measure To Avert Breaching Debt Limit: 'I Will Be Unable To Invest Fully...'
Tuesday, January 24, 2023 - 9:09pm | 453Read More...Treasury Secretary Janet Yellen activated another extraordinary cash management measure on Tuesday to avert breaching the federal debt limit by suspending daily reinvestments in a large government retirement fund that holds Treasury debt, the department said. In a letter to House Speaker Kevin...
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California Democrat Khanna Thinks US Won't Default But Says Team Biden Might Have To Take 'Unilateral' Steps
Tuesday, January 24, 2023 - 12:56am | 432Read More...California Democrat Rep. Ro Khanna (D-CA) has reportedly said the U.S. will not default on its debt but the Biden administration might have to act unilaterally to stave off the crisis. “The question is whether it’s going to come to unilateral action by the executive branch,”...
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US Lawmakers Eye Replacing Fixed Dollar Debt Ceiling With Percentage Of Economic Output
Sunday, January 22, 2023 - 9:16pm | 440Read More...A bipartisan group of U.S. lawmakers is reportedly readying a plan to solve the looming crisis over the debt ceiling by changing it from a fixed dollar amount to a percentage of national economic output. U.S. Representative Brian Fitzpatrick, the Republican co-chair of the moderate...
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Will a Capitol Hill Deal Change Anything for the U.S. Economy?
Wednesday, October 16, 2013 - 3:57pm | 566Read More...So, what's next? If, as it appears, the dysfunctional law-makers on Capitol Hill have pulled a last-minute deal out of the fire and prevented or at least postponed the debt default crisis, will anything change? Yes, says one expert – and probably not for the better, as other governments and...
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The 'Real Return' of the S&P 500 for US Based Investors Since 2005
Wednesday, November 23, 2011 - 3:54pm | 403Read More...We are all familiar with the quoted value of stock indexes like the DOW or S&P 500 that we see on websites and TV news channels. Even though these quotes are of course accurate they are also ‘currency nominal', meaning that they ‘hide' the affects of US Dollar currency fluctuations. Recently...
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Emerging Market Sovereign Bonds; Safe Haven or High Yield in Disguise (EMB, ELD, LQD, HYG, IEF)
Tuesday, November 22, 2011 - 5:56pm | 851Read More...With American, British, German, Japanese and other ‘safe haven' sovereign bonds yielding 2% or less many fixed income investors are looking for an alternative to increase cash flow yield in their portfolios. Investors must be VERY careful however, in making sure they are supplementing cash flow...
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European Debt Crisis Expands: French Banks on Review for Downgrade by Moody's
Wednesday, June 15, 2011 - 6:32am | 284Read More...The European debt crisis deepened on Wednesday, as Moody's Investors Service announced that it had put three of France's top banks on review for downgrade, citing exposure to Greek debt. BNP Paribas, Societe Generale and Credit Agricole were all placed on review. Greece has been conducting ongoing...
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China Letting the Yuan Appreciate Will Have an Impact on Commercial Real Estate
Thursday, June 24, 2010 - 6:00am | 845Read More...China’s decision to let the Yuan appreciate is a drain on global liquidity. While various legislative elements and the treasury have aggressively pushed China to revalue the Yuan, the Federal reserve has indicated that rates will stay low for a while. Unfortunately these policy...
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The Doomsday Investment: Real Assets
Wednesday, June 16, 2010 - 6:00am | 973Read More...Every time I turn on the news the media has found another “doomsday” story to scare the masses into thinking that the world is going to end. Y2K, Avian Flu, SARS, Swine Flu, terrorist attacks, drug wars, and multiple financial crises have been the most prominent topics of the...
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Commercial Real Estate Videos of the Week
Sunday, June 6, 2010 - 6:00am | 137Read More...Commercial Real Estate Videos of the Week-May 30-June 5 An extremely humorous view of Europe’s debt crisis by political humorists John Clarke and Bryan Dawe. The amount of empty commercial space fell for the first time in a long time, but the large amount of shadow office space...
