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Nearly $6 trillion is sitting in money-market funds held by investors who sought refuge from falling bond prices and this year’s turmoil at US banks. ....
Bond Managers Seek to Win Back Clients Sitting on $6 Trillion in Funds bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
A new pool at Nordhoff High School — recommended to be 35 meters by Ojai Unified School District staff — is on the Wednesday, June 29, school board agenda for ....
Standard in the world, its economy, we re not going to pay our bills. because our congress can t figure out how to pass a budget. the international ramifications of that as you say, the dollar the cornerstone. everyone looks to the u.s. as the world s largest impact. we ve seen it on european stocks today, as well. we ve seen the uncertainty doing that, didn t we? that s happened the last day or two. that could be enormously damaging to the world economy. and when you talk to the people who are really moving a lot of money, the big insiders, people who are bond managers or who are running companies, they think that there s no way the u.s. government is not going to pay the interest on its loans. we would just never, never do that, which means you re going to have to cut other things. some of the biggest things are medicare, medicaid and social security. those are some of the biggest things sitting out there. for people on the right who may dislike this administration and its priori ....
what ben bernanke said yesterday was exactly what the market expected him to say, we know things are weak, we know europe is a severe issue. him saying it even though they knew he was going to say it makes people more worried looking for something to hold on to and a little bit of hope. most people say this is a dramatic sell-off and you might see stabilization. that isn t the same thing as saying we aren t in a real economic problem, we know we are. it seems the markets are underwhelmed by the feds latest move to kick start the economy. is there anything they can do? certainly not the fed. the fed has been deluging the economy with money the last three years. this idea of more purchases and government bonds ben bernanke announced yesterday i m not so sure they had a very calming effect. erin is right. and the president s speech wasn t very helpful. monday, the president announced a trillion and a half-dollar tax increase in 2013, 14, 15 months away. that was a very ....