| Financial Markets |
As-it-happens update ⋅ March 1, 2018
Stocks glide higher again as Treasury yields ease
RATE WATCH: A jump in interest rates was what triggered the sell-off for stock markets around the world last month. That's why an appearance this week by the Federal Reserve's chairman is so anticipated. Jerome Powell is scheduled to deliver his first testimony as chairman of the Fed to Congress, ...
If You Didn't Sell Stocks This Month, You've Probably Got FOMO
Individual stock investors jolted by February's market tumult said fear of missing out on the next leg of the bull market still outweighs fear of a big correction. The market's February gyrations were a shock, coming after a prolonged period of calm and steadily rising share prices. Early in the month, the S&P ...
Puerto Rico is addicted to debt
Private financing, not loans from the federal government, will protect the U.S. taxpayer, and getting Puerto Rico access to financial markets will prevent them from becoming a ward of the federal government. It also means that the Puerto Rican government is asking for the federal government to prop up ...
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