March 18, 2015
Fed Drops Word "Patient"; Door Open, But For What?
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Hard hitting global and local news
Hard hitting global and local news
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Continue Reading: Atlanta Fed Halves GDP Forecast to 0.6%; Blue Chip Consensus Eight Miles High
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Originally posted here: $550 Billion Energy Junk Bond Bubble Busts; "Whac-A-Mole" Distortions in Multiple Markets
Read More: Fed "Mystified" Why Millennials Still Live at Home; My Answer May Surprise You (It Isn’t Jobs, Student Debt,…
With that backdrop it will be easier to understand today’s Bloomberg report Argentina’s Bonds Decline on Plan to Offer Local-Law Swap . Argentina’s bonds sank to a two-month low after the government said it plans to pay foreign-currency notes locally to sidestep a U.S. court ruling that blocked payments and caused its second default in 13 years.