ACC Archives

Tag: bonds
China Weighs Slowing or Halting Purchases of U.S. Treasuries

This has been a long time coming. (From Bloomberg) China added to bond investors’ jitters on Wednesday as traders braced for what they feared could be the end of a three-decade bull market. Senior government officials in Beijing reviewing the...

Did Paul Ryan just agree to a bailout of Puerto Rico?

As we’ve said before Puerto Rico is Detroit with palm trees. Its massive patronage system, its army of “public” employees and big government generally bankrupted the island. Now the Dems want the government employees to get the pensions for which...

Puerto Rico default possible, What to do?

The refrain from politicians and Wall Street has now become all too familiar. Bail us out or the world will blow up! Financial dysfunction will catch like wildfire. If you don’t give us piles and piles of money (taxpayer money of course) you...

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