Pension Buyouts Up 700% in Q2
With help from Kimberly-Clark, buyouts reached a second-quarter record of nearly $4 billion, LIMRA reported.
China: Currency Regime Change Bodes Well for Longer Term
China has been undertaking a series of moves aimed not only at shoring up its domestic economy but at inviting greater foreign investment.
Schwab’s Kleintop: 7 Big Developments for Advisors to Watch
The global strategist tells ThinkAdvisor what he sees for China and Europe and how the world's central banks will react when the Fed hikes rates.
Investors Leery of Upcoming Iraqi Bond Despite New Credit Rating
This cash-strapped country is desperately in need of funds.
China’s Confusing Currency Devaluation Means Get ‘Buy Lists’ Ready
The market’s big move on the China story appears to be like most big moves in summertime — exaggerated — because trading is thin, analysts say.
Citigroup: Something Big and Fundamental Has Changed in Markets
Strategist points to increasing concentration and one-way positioning as factors behind current liquidity woes.
Russia Can’t Help Being a Gold Bug
The dramatic drop in the price of gold makes Russia look like a classic sucker, but it’s not that simple.
Puerto Rico Agency Poised to Default on $58 Million Payment
Officials are pushing for what may be the biggest restructuring ever in the municipal market.
Germany Should Exit Euro, Not Greece, Economists Say
Greece’s recent resistance to continuing and even intensified austerity measures as it sought help to repay its various debts has brought increased speculation.
Cheap Money Is Here to Stay
With commodity prices sliding, China slowing and governments reluctant to adopt bold reforms, jittery markets are demanding ever-bigger gestures from central banks.