Monday, August 4, 2014


Bloomberg | Half-Trillion-Dollar Exodus Magnifying U.S. Bill Shortage
One of the biggest winners in the push to make money-market funds safer for investors is turning out to be none other than the U.S. government.
Fox Business | U.S. Judge: Argentina Debt Talks Must Continue After Default
Argentina cannot turn its back on negotiations with holdout creditors after defaulting on its sovereign debt, a U.S. judge instructed on Friday, just as the country's failure to service a June interest payment was declared a "credit event."
Market Watch | Americans are still not swiping their credit cards
"Jobs growth has been solid of late, and manufacturing sentiment has been strong.
But the lack of wage growth has been apparent, and one manifestation of that has been the paltry rise in credit-card debt."
WSJ | Junk-Debt Liquidity Concerns Bring Sales
A shakeout in the junk-bond market is drawing only cautious interest from bargain-hunters, underscoring investor fears that many once-hot securities could prove hard to sell in an increasingly difficult trading environment.