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Monthly Archives: July 2012
Shared sacrifice coming to bond holders
San Bernardino, Calif., is the latest municipality to seek bankruptcy protection for its $45 million budget shortfall, following Mammoth Lakes and Stockton, which was the largest U.S city to ever go bust. Bankruptcy filings by these three California cities have … Continue reading
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Danielle’s weekly market update
Danielle was a guest today with Phil Mackesy on Talk Digital Network discussing recent trends in the global economy and markets. You can listen to an audio clip here.
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2 years of prestidigitation unwinding
Two long years ago in August 2010, the US Federal Reserve announced plans for wide scale asset market manipulation at the annual Jackson Hole Conference in Wyoming starting with the now infamous “QE2” program. Other central banks joined the master … Continue reading
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