Fed Assets Reach Record $4 Trillion on Unprecedented Bond-Buying (Dec 2013)

federal-reserve

Source: Bloomberg – Fed Assets Reach Record $4 Trillion on Unprecedented Bond-Buying

Notable excerpts:

The Federal Reserve’s balance sheet reached a record $4 trillion, as the central bank pushed on with its unprecedented asset-purchase program.

Continue reading

Advertisements

First China Default Seen as Record $427 Billion Debt Due (Dec 2013)

shanghai

Source: Bloomberg – First China Default Seen as Record $427 Billion Debt Due

Notable excerpts:

Chinese company debt twice the size of Ireland’s economy will come due in 2014, spurring concern the nation is on the cusp of its first corporate bond default.

Continue reading

Student loan debt climbs for 5th year in a row (Dec 2013)

student_loan_debt3

Source: MSN Money – Student loan debt climbs for 5th year in a row

Notable excerpts:

Student loan debt is many things — pesky, inhibiting, capable of lingering for 25 years, even — but there is one thing it is not: decreasing. According to a new report (.pdf file) from the Project on Student Debt at The Institute for College Access & Success (TICAS), the average amount students borrowed for college has increased for the fifth year in a row.

Continue reading

Nobel laureate economist predicts possible US stock market bubble (Dec 2013)

bubble01

Source: RT – Nobel laureate economist predicts possible US stock market bubble

Notable excerpts:

Robert Shiller, 2013 Nobel laureate in economics, told a German magazine sharp rises in equity and property prices may signal a dangerous financial bubble, which could have an extremely bad end.

Continue reading

Bond Losses of $1 Trillion if Yields Spike, BIS Says (Jun 2013)

economic_collapse

Source: CNBC – Bond Losses of $1 Trillion if Yields Spike, BIS Says

Notable excerpts:

Bondholders in the United States alone would lose more than $1 trillion if yields leap, showing how urgent it is for governments to put their finances in order, the Bank for International Settlements said on Sunday.

Continue reading