Markets
Cyprus the Latest Debt Crisis Victim
Cyprus became the fifth euro-zone country to require a bailout today — further proof that no one is safe from the contagion that is the sovereign debt crisis.
Read moreThe Debt Crisis Cup Kicks Off
The Euro Cup soccer tournament got underway today. Considering the participants, it might as well be called The Debt Crisis Cup.
Read moreBernanke Words a Dud, But China Rescues the Dow
Federal Reserve Chairman Ben Bernanke didn’t do much to drive the market in his Capitol Hill testimony today. But China picked up the slack.
Read moreSpain Sovereign Debt Downgraded Again
On April 26, Standard & Poor’s downgraded Spain’s sovereign debt rating for a second time in 2012. Today, Fitch followed suit.
Read moreThree Reasons to Stay The Course in a Sloppy Market
No doubt it has been sloppy in the markets lately. Seasonal weakness, along with the drama in Europe, has made for a pretty cloudy outlook. But there are three… Read more
Markets Post Biggest Gains of 2012
Doom and gloom are taking a breather today. In their place was the best day for the U.S. financial markets in 2012.
Read moreA Dark Day For TIPS Investors
TIPS share a problem with any U.S. bond, bill, note or security: They are liabilities to the U.S. government. And in our current fiscal environment, that's not good.
Read moreDebt Crisis: Is Germany No Longer Safe?
A week ago German bonds hit an all-time low as investors flocked to one of the last remaining safe havens in the euro zone. Today, Germany doesn’t seem… Read more
ISM Numbers Boost Bank Stocks
Bank stocks are getting a nice push today after the Institute for Supply Management sector grew slightly in May.
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