Will the Debt Ceiling Standoff lead to a Muni Bond Crash?
Will the Debt Ceiling Standoff lead to a Muni Bond Crash?
Meredith Whitney may end up being right about about the municipal bond market. Late last year, the Wall Street analyst famous for predicting the financial crisis began warning that the municipal bond market may be headed for a crash. Whitney predicted that there could be as many as 100 municipalities that end up being unable [...]
Read more on The Curious Capitalist
PID passes budget
PID passes budget
The Paradise Irrigation District Board of Directors passed its budget and a water management and conservation plan 4-0 Wednesday, June 29.
Read more on Paradise Post
Categories: Corporate Bonds Tags: budget, Passes
Baton twirlers compete for glory, savings bonds
Baton twirlers compete for glory, savings bonds
LITTLE ROCK, Ark. (AP) – Emery Harriston works with computers for the Environmental Protection Agency. And at 49, he’s also the oldest baton twirler competing in this year’s U.S. National Baton Twirling Championships, which are being held in Little Rock.
Read more on WXVT 15 Greenville
Investors getting worn out climbing wall of worry
Investors getting worn out climbing wall of worry
By Joseph A. Giannone
Read more on FOX Business
BofJ Becomes More Upbeat About Growth
BofJ Becomes More Upbeat About Growth
The Bank of Japan raised its economic assessment for a second month after companies ramped up production at the fastest pace in more than 50 years.
Read more on Bloomberg
If the debt limit isn’t raised — what’s next?
If the debt limit isn’t raised — what’s next?
WASHINGTON — What happens if Congress doesn’t raise the debt ceiling? Would it cause a devastating economic collapse in the U. S.? Would it result in a government limping along, meeting only its most important obligations? Or would it ultimately turn into a constitutional crisis?
Read more on Inland Valley Daily Bulletin
Default on national debt could mean disaster for market
Default on national debt could mean disaster for market
We’ve seen tornadoes, floods, a tidal wave, leaking radiation, rioting Greeks, warring Libyans, rising gasoline and food prices, a stumbling job market – and now Congress is threatening to default on the national debt.
Read more on Pioneer Press