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Low returns are pushing US investors into foreign government debt, but there are risks.
Major currencies, including the US dollar, have been declining in purchasing power for years, but now the rate of depreciation is accelerating. Investors are losing confidence in the ability of the world’s largest economy to lift itself out of its $14 trillion debt.
With the economy so weak, and US finances (supposedly) in shambles, why haven't government bonds blown up yet? David Goldman puts his finger on something important. Yes, debt issuance has exploded since the recession, but so have savings.
Texas State Senator Jane Nelson, R-Flower Mound, today joined with a majority of Senators to adopt a two-year $176.5 billion budget to fund education and other priorities without raising taxes, while cutting $11 billion in spending.
Here are the most popular investment Isas among investors seeking better returns while the interest paid on savings is next to nothing.
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