Beleaguered and desperate borrowers caught in the student loan debt trap need immediate help.
There is a way out for them. That same way out could also rein in college costs. But it’s blocked by law. Obviously, the law has to be changed.
The post Ho…
Investors are taught that bear markets can’t occur unless the Treasury yield curve inverts – that is, unless short-term interest rates are higher than long-term interest rates.
And that can only happen if the Federal Reserve raises the Federal Funds rate, which is the short-term rate that the Fed controls.
But that measure may be off the mark this time, and here’s why…
With a lot of variables in play during this earnings season, it’s time to separate out the components.
The long overdue stock market correction continued this week as a European growth scare was compounded by fears about the potential spread of Ebola to send the markets lower.
The current downdraft in stock prices has understandably set the happy faces on CNBC running for cover as they try to figure out what went wrong.
On Oct. 1, Saudi Aramco, the state-run oil producer of the world’s biggest exporter, cut prices for all its exports, reducing prices for Asia to the lowest level since 2008.
Ben Bernanke began his tenure as Chairman of the Federal Reserve Board just as the housing bubble was peaking in February 2006.
It’s been 14 trading sessions since the financial media was abuzz with the fact that the Russell 2000 Index experienced a Death Cross. That is to say its 50-day simple moving average (SMA) trended below its 200-day SMA. The coverage was all about why the Death Cross spelled impending doom for small-cap stocks and, by extension, the entire stock market.