Moody’s Sees Junk Defaults Reaching Highest Since 2009

Global junk-bond defaults will rise to the highest level in seven years in 2016 as a prolonged downturn in commodity prices continues to wreak havoc on company profits and balance sheets, according to Moody’s Investors Service. The ratings company forecasts that the speculative-grade default rate will reach 4 percent this year, up from 3.5 percent…

Moody's Sees Junk Defaults Reaching Highest Since 2009Details

Gold Moves Revive Memories of 1990s Currency Crisis

Gold has performed better than most other major asset classes this year, rallying around 16 percent since the start of the year as investors rushed into traditional the safe haven asset. With the price of the precious metal moving higher this week as sterling has plummeted, analysts are comparing gold’s moves to the European currency…

Gold Moves Revive Memories of 1990s Currency CrisisDetails

The Big Risk Looming in Your Money Market Fund

With more countries either introducing or talking about instating negative interest rates— Japan was the latest to go minus, on Jan. 29 — many Americans are concerned about what might happen here if the Federal Reserve has to reverse course and go the sub-zero route, too. One particular part of the investment industry is likely more…

The Big Risk Looming in Your Money Market FundDetails

Nervousness about Global Banking Giants Intensifies

An unsettling trend has emerged from the heavy selling that sent global markets tumbling this year: Investors are getting nervous about the world’s biggest banks. The concerns about the banks are clearly reflected in the stock markets, where shares in banking giants are plunging. But there are also ominous signs in markets that investors use…

Nervousness about Global Banking Giants IntensifiesDetails

Gold’s Best Day in Seven Years Has Metal on Verge of Bull Market

As global stocks enter a bear market, gold is on the verge of bull status. Global stocks slumped Thursday as investors shunned risk worldwide amid concern that central-bank efforts to support economic growth are losing potency. Federal Reserve Chair Janet Yellen yesterday told Congress that market turbulence may weigh on the outlook for the economy…

Gold's Best Day in Seven Years Has Metal on Verge of Bull MarketDetails