Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
Spain Faces Further Ratings Cut, Moody's Warns
By thinkadvisorMoody's warned Friday that it might further reduce Spain's rating, currently at Aa2, citing the country's regional governments' inability to get their debt loads under control.
July 28, 2011
Business Leaders Resigned to U.S. Debt Downgrade but Say Default UnlikelyThe business community is battening down the hatches for a U.S. debt rating downgrade—and they’re not happy about damage that the oncoming economic storm will wreak on investors.
July 28, 2011
Rob Arnott on RAFI’s Growth, and How to Address U.S. DebtFundamental indexing has been embraced worldwide, Arnott says, but the government and the U.S. people need to embrace some tough choices on spending.
July 27, 2011
FSOC: Elephant in the Corner? What Elephant?The Financial Stability Oversight Council warns in its first annual report about the possible effects of the European sovereign debt crises and the risks posed by governmental budget imbalances of all kinds.
July 27, 2011
FSOC: Elephant in the Corner? What Elephant?The Financial Stability Oversight Council warns in its first annual report about the possible effects of the European sovereign debt crises and the risks posed by governmental budget imbalances of all kinds.
July 27, 2011
Debt Ceiling Deal Has ‘Huge’ Momentum, Says Corker, a Top GOP SenatorSen. Bob Corker, R-Tenn., said Wednesday there is ‘huge momentum building on both sides of the aisle’ to pass a legislative package that not only raises the debt limit, but includes deficit reduction measures to avoid a ratings downgrade for the United States.
July 27, 2011
CBO: Boehner, Reid Debt Plans Fall Short of Promised SavingsMuch-touted budget proposals by Speaker of the House John Boehner and Senate Majority Leader Harry Reid were found by the Congressional Budget Office on Tuesday to fail to deliver on promised savings.
July 26, 2011
Roubini Calls Debt Ceiling a ‘Farce’; Tweets for Tax HikesFamed forecaster Nouriel Roubini is not worried about the U.S. defaulting on its debt, but his Twitter feed reveals a preference for closing revenue gaps with tax hikes. While Mark Mobius predicts missed deadline would sink dollar.