There will be a stock options expiration for October on this Friday.
Spending is fun! Easy credit is a blast! But debt is a downer. And, right now, numerous measures of debt are near all-time highs.
China’s central bank just warned of a sudden collapse in asset prices
- China’s central bank has said it should prevent accumulation of risk from excessive optimism
- Central bank governor Zhou Xiaochuan said corporate debt is relatively high and that household debt rises too quickly
- Zhou said the trading range of the yuan exchange rate was not a key issue at moment
- Zhou is expected to step down early next year
China’s central bank just warned of a sudden collapse in asset prices from CNBC.
“Black Monday was the contagious crisis that the system nearly didn’t survive,”
Optimism about the economy is based on misconceptions.
Hartford Courant–1 hour ago
Moody’s Investor Service issued a dire warning to lenders Thursday: Hartford will likely default on its debt by early November and, if the city does not change …
The Straits Times–18 hours ago
TOKYO • The Tokyo stock market might be riding two-decade highs, but a growing number of Japanese, wary of negative bank interest rates, are choosing to …
Bloomberg–10 hours ago
Italy’s debt of more than €2 trillion ($2.4 trillion) rose to 132 percent of gross … Want to know why Italy didn’t have a mortgage bubble like Spain or the U.S.?
CNBC–10 hours ago
China will fend off risks from excessive optimism that could lead to a “Minsky Moment”, central bank governor Zhou Xiaochuan said on Thursday, adding that …
Washington Post–5 hours ago
The $1.4 trillion of student loan debt carried by Americans is a drag on the economy in numerous ways. A recent study by the National Association of Realtors …
Yonhap News–13 hours ago
The country GDP was tallied at US$1.64 trillion last year. The debt-to-GDP ratio has been on a steep rise since the government eased bank loan regulations to …
CNBC–20 hours ago
States that have fallen behind on their pension obligations have been … ($806) also face relatively low risk of having to make up for unfunded state liabilities.
Chicago Tribune–2 hours ago
The costs of city government continue to grow — considerably faster than the cost of living — and Mayor Rahm Emanuel and the City Council turn their attention …
The Denver Channel–16 hours ago
DENVER – Health insurance plans on Colorado’s individual market will be, on average, 34 percent higher in 2018 than they were this year, and the Denver area …