College Planning
Help your clients take the worry out of saving for college with news and analysis on student debt, 529 plans and other tax-efficient savings vehicles as well as the colleges and college majors that deliver the most value.
August 01, 2011
Debt Deal Vote Looms, Downgrade Worries PersistAs Congress takes up consideration of the debt ceiling bill, David Kelly of J.P. Morgan Funds warned that the measure could fail, leading to a TARP-like stock sell-off.
July 29, 2011
Debt Crisis Spooks Investors: SurveyInvestors are keeping an eye on the debt ceiling fight in Washington, and they don’t like what they see, according to a poll from UBS Wealth Management Americas, which also indicates that investor sentiment has reversed in recent days.
July 29, 2011
Spain Faces Further Ratings Cut, Moody's WarnsMoody's warned Friday that it might further reduce Spain's rating, currently at Aa2, citing the country's regional governments' inability to get their debt loads under control.
July 29, 2011
Boehner Debt Bill Passes House; Obama Urges Bipartisan DealPresident Barack Obama on Friday urged a bipartisan deal on raising the debt ceiling, saying that the House plan, which later passed Friday night then quickly tabled by the Senate, was the uncompromising view of a single faction and “has no chance of becoming law.”
July 28, 2011
Debt Crisis: U.S. Treasuries and U.K. Gilts Trade Places, BrieflyWorldwide, investors are telling the governments of advanced economies that their debt management plans are unpersuasive. For a time today, the bond market signaled that British gilts were safer than Treasuries. Meanwhile, Spanish and Italian bonds reached the danger zone Thursday.
July 28, 2011
Business Leaders Resigned to U.S. Debt Downgrade but Say Default UnlikelyThe business community is battening down the hatches for a U.S. debt rating downgrade—and they’re not happy about damage that the oncoming economic storm will wreak on investors.
July 28, 2011
Rob Arnott on RAFI’s Growth, and How to Address U.S. DebtFundamental indexing has been embraced worldwide, Arnott says, but the government and the U.S. people need to embrace some tough choices on spending.
July 27, 2011
FSOC: Elephant in the Corner? What Elephant?The Financial Stability Oversight Council warns in its first annual report about the possible effects of the European sovereign debt crises and the risks posed by governmental budget imbalances of all kinds.
July 27, 2011
FSOC: Elephant in the Corner? What Elephant?The Financial Stability Oversight Council warns in its first annual report about the possible effects of the European sovereign debt crises and the risks posed by governmental budget imbalances of all kinds.
July 27, 2011
Debt Ceiling Deal Has ‘Huge’ Momentum, Says Corker, a Top GOP SenatorSen. Bob Corker, R-Tenn., said Wednesday there is ‘huge momentum building on both sides of the aisle’ to pass a legislative package that not only raises the debt limit, but includes deficit reduction measures to avoid a ratings downgrade for the United States.