- The service economy is what drives this economy today. It's not a goods-oriented economy. It's not a commodity, it's not an export-oriented, not a heavy-manufacturing-- service oriented.So, most of what drives the economy is resilient to what is a goods--slowdown in goods. Second thing that I--that I wouldn't have anticipated. I would have thought you've got more pricing transmission in, but it's pretty incredible how companies moved and-- now some of it, in the near term, companies took it into margin.We ...

Credit Rating Downgrade - Fitch Ratings下调了芬兰的信用评级，这是近十年来的首次 [1] - 评级下调的原因是未能控制不断膨胀的债务 [1]

Hey, Vivian. >> Hey, Brian. So happy to be here to chat.>> So, let's talk a little bit about just like zooming out because borrowers have had an emotional roller coaster of confusion in the last few years over this, right. >> Yes, absolutely. And I mean, let's just be honest, this system has never been that clear, cut, and dry.Before, you know, some of the programs we have now, there was pay P a yee. There was repay re-ay. Then there was the save plan, which obviously was struck down by a federal court.Now ...

Billionaire investor Wes Edens' New Fortress Energy has tapped Houlihan Lokey for advice in anticipation of talks with creditors to cut its debt load https://t.co/sgd3eZdvzX ...

Market Resilience & Economic Outlook - The market and economy have shown resilience to higher tariff rates [1] - Strong employment continues, with inflation easing to the mid-2% range [3] - Credit markets are very strong, with significant refinancing activity at tight spreads [3] Interest Rates & Monetary Policy - There's a possibility of interest rate cuts, although some anticipate no cuts this year [2] - Markets are acting in a benign fashion [3] - The Federal Reserve's balance sheet has decreased from 40% to 22% of government debt, with continued sales of $40 billion per month, potentially easing conditions at the long end [7][8] Debt Market Activity - Approximately $45 billion in deals were announced on Monday, marking the fourth largest day or week in market history [4] - Companies are repricing deals with portable provisions, indicating strong investor demand [4][5] Consumer Impact - Approximately 87% of homeowners have mortgage rates well below current levels, impacting housing [8] - Roughly two-thirds of mortgages are 200 basis points below current financing rates, creating concern for consumers [8] Business Environment - Businesses are benefiting from the current environment and performing well [5] - Earnings revisions are trending upward, and unemployment remains low, creating a favorable environment for both equity and debt markets [6]

Malawi’s debt bill this year will be $2 billion more than what it holds in foreign reserves, according to the IMF https://t.co/ez09wC161L ...

Economic Outlook & Monetary Policy - The possibility of Federal Reserve rate cuts is decreasing due to a strong stock market and overall healthy economy [1][2] - The market's expectation for September has shifted from a 25 basis points rate cut to no change [2] - Short-term rate adjustments by the Federal Reserve aim to stimulate the economy, but fiscal challenges require attention [8][9] US Fiscal Challenges - The 30-year Treasury yield has reached 5%, the highest since 2007, indicating increased borrowing costs for the US government [3][4] - The US has $36 trillion in debt with an average interest rate of 33%, resulting in $12 trillion annual interest expense [5][6] - A rise in average interest rate to 5% on the debt could increase annual interest expense to nearly $2 trillion [6] - The US faces a fiscal crisis due to rising interest rates and continuous deficit spending [7] Deficit & Potential Solutions - The deficit's impact is now significant due to rising interest rates [11] - At current deficit levels, refinancing debt at current rates could lead to interest spending exceeding major expenditures like Medicare, Medicaid, Social Security, or the military [12] - Potential solutions involve slowing government spending, increasing revenue (including considering consumption taxes), and deregulation to stimulate economic growth [14][16]

Indonesia’s plan to issue its first Australian dollar-denominated debt next month has piqued investor interest, though questions mount on how it’ll fit into local managers’ portfolios https://t.co/0mZUvgJmmP ...

Core Argument - The financial industry's modern financial planning paradigm is flawed, necessitating a shift towards utilizing natural laws of prosperity for financial prediction and certainty [3][4] - The industry advocates for discovering and applying universal, timeless natural laws of money to guide financial decisions [4][5] Key Principles for Financial Well-being - The industry emphasizes the importance of paying oneself first, allocating a portion of income before other expenses, echoing practices from ancient civilizations to modern times [7][8][9] - The industry promotes staying out of consumer debt to maintain financial freedom and peace of mind, distinguishing it from leveraging debt for asset acquisition [11][12][13] - The industry stresses protecting assets from loss as a fundamental goal, highlighting the importance of managing greed and knowing with whom one is doing business [15][16][17] Historical Context and Endorsement - Ancient civilizations like Sumeria, China, Egypt, and Rome, along with major world religions and classical economists, have all contributed to the understanding of these financial laws [5][6] - Historical figures and texts, such as George Clayson's "The Richest Man in Babylon," Marcus Tulia Cicero, Benjamin Franklin, and ancient philosophers like Plutarch and Confucius, support these principles [8][9][11][13][14] Practical Application - For business owners, this means allocating a portion of income to an untouchable account; for employees, it involves contributing to a retirement plan before receiving their paycheck; regardless of income, at least 10% should be saved [10]

Market Trends - Overseas buyers purchased almost €100 billion of euro-area debt in May, marking the highest level since 2023 [1] - US tariffs drove investors to Europe [1]