Monthly Archives: August, 2016
Bond and Pension Struggle in Puerto Rico
You get an idea how the struggle between bondholders and pensions quickly turns into a political nightmare, as reported in the WSJ:
San Juan, Puerto...
Worthy Reads: Fed’s Yellen says case for another interest-rate hike has strengthened
Fed’s Yellen says case for another interest-rate hike has strengthened - MarketWatch
Years of Fed Missteps Fueled Disillusion With the Economy and Washington - WSJ
Markets Now...
Consumers are the Bright Spot in Economy
Personal consumption spending in the 2nd quarter increased at an almost 4.4% annual rate while broader GDP growth barely cleared the 1% hurdle. GDP...
Pension Survival Increases Risks
"The public dispute over accounting standards is a signal to taxpayers, retirees and political reformers that fundamental flaws remain in how pensions measure their...
Worthy Reads: IRS Eases a Costly Tax Pitfall for Retirement Savers
IRS Eases a Costly Tax Pitfall for Retirement Savers - Money
Vancouver Foreign Tax Slowing an Already Cooling Home Market - Bloomberg
U.S. SEC charges 71...