Sea Change in Map of Global Risk

With Crises Shaking Confidence in U.S. and Europe, Investors Turn to Debt of Emerging Lands The black-and-white borders of the bond market are graying. As the pristine credit rating of the U.S.…


Lawmakers to vote on last-minute debt deal

(Reuters) - Congressional leaders rushed to line up Republican and Democratic votes on Monday for a White House-backed dealto raise the U.S. borrowing limit and avert an unprecedented debt default.…


The President Surrenders on Debt Ceiling - NYTimes.com

The President Surrenders By PAUL KRUGMAN Published: July 31, 2011 A deal to raise the federal debt ceiling is in the works. If it goes through, many commentators will declare that disaster was…


Fed Readies Guidance for Banks in Event Aug. 2 Deadline Missed

July 29 (Bloomberg) -- The Federal Reserve is preparing guidance for banks in the event the U.S. debt limit isn’t raised and the Treasury Department runs out of money to pay all of its bills, a…


Support & Resistance

Support and Resistance are two of the most closely watched and utilized technical indicators. Although difficult at times, identification of these key indicators is an essential ingredient to…


Poll: 65% of Americans Support Balanced Budget Amendment - Hit & Run : Reason Magazine

A Sachs/Mason Dixon poll released today [PDF] has found that "65 percent of the public supports" a balanced budget amendment, "with 27 percent opposed, [and] 8 percent undecided." By party…