(Bloomberg) — Air France-KLM plans to sell about 2.26 billion euros ($2.4 billion) of new shares to shore up its balance sheet and repay a chunk of the state aid that helped the carrier survive ...
Tag: Debt
New home sales plunge as high prices and rising U.S. mortgage rates discourage buyers
The numbers: Sales of new homes in the U.S. fell in April for the fourth month in a row to the lowest level since the pandemic owing to high prices and soaring mortgage rates. New sales slowed to a 59...
‘Real wealth destruction’: This Deutsche Bank chart shows what could happen to assets in a repeat of the stagflationary 1970s.
While the decade is still young, if inflation sticks around for the next few years, things could get pretty ugly for investors. That’s according to this chart from Deutsche Bank, which shows how a ran...
Opinion: ‘I feel like I am reliving the summer of 2008.’ Strategist David Rosenberg sees bear market sinking the S&P 500 to 3,300
The U.S. stock and the bond markets are finally in the process of catching up with our views. We always believed these past two years represented a fake bull market built on sand, not concrete. And fr...
Moody’s Downgrades Ukraine as Drawn Out War Raises Debt Risk
(Bloomberg) — Moody’s Investors Service cut Ukraine’s credit rating to the third-lowest level as a more drawn out war than expected increases risks around the nation’s debt sustainability. Most ...
‘Robinhood’ investors are ‘going to get their heads handed to them,’ as stocks on verge of bear market, says ‘Godfather’ of chart analysis
A bear market for the S&P 500? The stage certainly appears to be set for one, as equity benchmarks bounced around on Friday, posting weekly declines after a whipsawing session. Prominent market te...
Watch out if you’re male, over 45, and think you know about investing
The stock market’s recent weakness could be particularly hazardous to your wealth if you’re male, above the age of 45, married, have more dependents, or think you have excellent investment knowledge. ...
The technician who called the 2020 market bottom says a ‘shocking rally’ is in store
It’s been a terrible week in an awful year for the stock market. Walmart WMT, -0.82%, Target TGT, -0.62%, and Tencent 700, +3.53% each reported disappointing results to add fuel to the worries about i...
Markets haven’t acted like this since 1981 — and here’s how that played out
You have to go all the way back to 1981 when stocks, bonds, inflation-protected bonds and industrial metals were all slumping simultaneously. The S&P 500 index SPX, -0.73% has retreated 18% this y...
Potential debt default for El Salvador – what of bitcoin?
Since El Salvador made bitcoin legal tender back in September things have not exactly been rosy. A potential looming debt default and enemies in very high places have made the small Central American c...
Next big shoe to drop in financial markets: Inflation that fails to respond to Fed rate hikes
Traders, investors and strategists are adding one more factor to the list of reasons why financial markets may be in for more volatility through at least the next three to four months: the likelihood ...
You just retired and your target-date fund has plunged. What do you do now?
If you recently retired or are near retirement and you had your money in a target-date fund designed for people retiring about now, bad luck. So far this year, the “target” is you. Morningstar tells m...
Here’s why the arguments against canceling student debt make no sense
Senate Majority Leader Charles E. Schumer of N.Y., left, with Sen. Elizabeth Warren (D-Mass.) are shown together in 2020. Both advocated canceling up to $50,000 in student debt per borrower. (Associat...
‘I partially support my partner of 12 years as his business is, sadly, failing’: I’m 33, and have $300,000 in company stock. Should I sell those shares to pay off my debt of $56,000?
I am 33 years old, I currently make just over $120,000 a year, including an annual bonus, and my company has gifted me with around $300,000 in equity in the firm, although our stock is brand new, so i...
Here’s what a modern Volcker-style inflation fight could look like, SocGen says
Federal Reserve Chairman Jerome Powell has begun talking about a “softish landing” for the economy as the central bank squares off against high inflation by raising rates and cutting its nearly $9 tri...
US Set to Block Russian Debt Payments, Raising Odds of Default
(Bloomberg) — The Biden administration is poised to fully block Russia’s ability to pay US bondholders after a deadline expires next week, a move that could bring Moscow closer to the brink of d...
Elon Musk Has a Bigger Problem Than Twitter Bots: A Huge Debt Burden
(Bloomberg) — Elon Musk may be directing his buyer’s remorse at Twitter Inc.’s bot problem. But underpinning the deal is a $13 billion debt bill that’s looking like a bigger burden by the day. M...
He has $100K in credit card debt, $60K in bitcoin. 4 money pros on what to do
What to do when you have crypto assets and debt to contend with. Getty Images/iStockphoto “I have $100K in credit card debt, but $60K in bitcoin. Should I use it to repay the debt, or hold onto bitcoi...
Fantom’s Scream DeFi Protocol Incurs $35M Bad Debt as Two More Stablecoins Lose USD Peg – crypto.news
The Scream decentralized finance (DeFi) protocol has run into a $35 million dollar bad debt following its failure to adjust the price of the Fantom USD (fUSD) and Dei (DEI) stablecoins on its platform...
DeFi lender left with $35 million bad debt after quoting depegged stablecoins at $1
Scream, a DeFi lending protocol on Fantom, has incurred $35 million in bad debt after failing to adjust the price of two stablecoins that lost their US dollar peg. The two stablecoins in question are ...
DeSantis Wants State Government To Control Disney World’s Special District
Topline The Florida government could assume control of the special district that oversees Walt Disney World, Gov. Ron DeSantis (R) said Monday, after he and state Republicans abruptly voted to wrest c...
Ben Bernanke helped the U.S. recover after 2008 and now sees huge warning signs on inflation, stagflation and student debt
Former Federal Reserve Chairman Ben Bernanke said the U.S. central bank’s decision to delay its response to the highest inflation rates in four decades “was a mistake.” Bernanke, who served two terms ...
A $100 Billion Comedown: Soaring Defaults Shrink Asia’s Junk-Bond Market
Once the place to be for yield-seeking global investors, Asia’s junk-bond market has shrunk drastically and new debt issuance has slowed to a trickle. Less than 18 months ago, the dollar-bond market f...
Bitcoin plunge leads to concerns with El Salvador’s debt obligation
Bitcoin debt of El Salvador continues to surge with prices plunged by about a third The new cryptographic money crash has radically expanded the chances of El Salvador defaulting on its debt El Salvad...
Bitcoin Losses Add to Mounting Fears of Debt Default in El Salvador
Alex Dovbnya El Salvador will struggle to secure a bailout from the IMF According to a recent report published by The Wall Street Journal, the market value of El Salvador’s holdings has plunged by abo...
This idiot-proof portfolio has beaten traditional stocks and bonds over 50 years
Do you have the right portfolio for your retirement savings? When it comes to long-term investing, the biggest issue — by far — is overall asset allocation: How much to stocks, sectors, assets and so ...
This JPMorgan portfolio manager says he isn’t betting on a U.S. recession
In a wobbly stock market, Phil Camporeale, a portfolio manager at JPMorgan Chase & Co., is betting the U.S. will avoid a recession. Rising interest rates are the “number one culprit this year for...
Inflation may be a lot lower than anyone thinks — even the Fed
U.S. inflation in April plunged to an annualized rate of 4.1% — less than half of where it stood in the prior month. This will no doubt come as a surprise for those of you who focus only on the financ...