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.
PIMCO’s El-Erian Warns U.S. Rating at Risk, Even With Debt Ceiling Deal
By Melanie WaddellAs leaders of both parties now plan to unveil their own debt-ceiling plans, El-Erian said that a short-term deal would leave “the AAA rating extremely vulnerable and does little” to fix the basic problems of the economy.
July 20, 2011
Bond Experts Warn of Danger of Debt Ceiling ‘Turmoil’Failure to raise the U.S. debt ceiling, warn fixed-income experts, including Chris Shayne of BondDesk, could mean catastrophes including a sudden rise in interest rates and a crisis among institutional investors who are mandated to invest in triple-A rated bonds.
July 19, 2011
U.S., Europe Debt Woes Worry AsiaChina and Japan, the former in particular with its huge U.S. debt holdings, are watching the political circus and wondering whether the safety nets will hold. If not, repercussions could be severe, not just for Asia but for the U.S. and euro zone as well.
July 19, 2011
For Greek Debt Crisis, Bank Tax Among Measures ProposedTwo days before a summit meeting in Europe to discuss a second rescue package for Greece, a confidential paper outlined some of the strategies being considered to stem the tide of debt. These strategies included a tax on euro zone banks and loans with longer terms and lower rates.
July 18, 2011
Doubleline's Gundlach Weighs In on Debt Ceiling DebacleGundlach, hosting a conference call last week titled “Now What?”, made predictions on a variety of economic issues from the debt ceiling debate swirling around Washington.
July 15, 2011
PIMCO’s Gross Warns, Don’t Mess With Debt Ceiling—Raise ItGross calls out Washington politicians for the game of chicken they’re currently playing with America’s finances.
July 13, 2011
Bankmageddon: All Eyes on Europe as Bank Stress Tests LoomSigns that banks are less willing to lend to one another raise specter of Euro-Lehman crisis.
July 11, 2011
EU Calls Emergency Meeting Over Italy DebtConcerns mount over third largest economy in euro zone's sovereign debt while Greece still totters.