Believe It: A Puerto Rico Muni Etf May Debut

Oct. 17 had the biggest daily inflow in a month. Month-to-month swings in ETF flows totaled more than $53 billion since June, about six times the 13-year average, data compiled by Bloomberg show. Fluctuations are tracked by comparing outstanding shares (REGN) in the funds, which change as demand from investors rises and falls, with their prices, which are pegged to an underlying index or asset. Stock Flows Funds that specialize in U.S. stocks received $12 billion in October after $14 billion last month.
Source: http://www.bloomberg.com/news/2013-10-21/etfs-churning-most-cash-ever-as-47-billion-flows-back-to-market.html

The First Trust US IPO Index ETF (FPX.P), for example, is up roughly 33 percent year-to-date. The new Renaissance ETF has an expense ratio of 60 basis points, roughly a fourth of the cost of its mutual fund cousin, the Renaissance Global IPO Plus Aftermarket Fund (IPOSX.O), which has an expense ratio of 2.5 percent. In an actively managed mutual fund, a manager can select stocks and request IPO shares ahead of time to build positions, instead of passively tracking an index. The Renaissance IPO Index, which the new ETF tracks, includes common stocks, depository receipts and operating units of newly public U.S. companies.
Source: http://www.reuters.com/article/2013/10/16/us-renaissance-etf-idUSBRE99F0NL20131016

AllianceBernstein LP even went so far as writing to clients that BlackRock was suffering from a case of Vanguarditis. That apparent sickness turned into a cure for investors, though, as the fading market share led BlackRock officials to realize that the firm could do more to serve classic buy-and-hold investors. Thus the launch of the Core series. We pay attention to what competitors are doing, but I wouldn’t say it drives our behavior, said Sue Thompson, head of the registered investment adviser group at BlackRock. The idea behind Core was to make it easier for financial advisers and retail investors to choose ETFs for their portfolios, Ms.
Source: http://www.investmentnews.com/article/20131020/REG/310209984

Investors seemed absolutely certain that a default would not happen, so there was plenty of hope fuel for the fire. The leading sector ETF for the week was the Energy Select Sector SPDR ETF Fund (NYSEARCA:XLE) which rose 3.14%, and the runner up sector ETF was theFinancial Select Sector SPDR Fund ETF (NYSEARCA:XLF)which rose 2.58%. For now we are likely looking at higher prices ahead, unless of course Congress befuddles markets once more. Sector ETF Update: Consumer Discretionary Select Sector SPDR Fund ETF (NYSEARCA:XLY): +2.06%, This ETF tracks the Consumer Discretionary Select Sector Index which includes media, retail, hotels, leisure, and restaurants. Sector SPDR Trust SBI Interest ETF (NYSEARCA:XLK): +2.43%, This ETF tracks the Technology Select Sector of the S&P 500 Index which includes companies in computers, semiconductors, telecommunications, and wireless.
Source: http://wallstreetsectorselector.com/2013/10/sector-etfs-surge-sector-etf-spotlight/

New ETF targets stocks with 25-year online dividend history

Jim Colby, a senior municipal strategist at Van Eck, told Bloomberg the ETF could debut later this year or next, depending on feedback from the SEC. Puerto Rico munis have risen to infamy this year as the S&P Municipal Bond Puerto Rico Index is flirting with a year-to-date loss of 20% compared to a decline of around 1% for the S&P Municipal Bond Index. Puerto Rico, a territory of the U.S., has $70 billion in munis outstanding and those bonds have the lowest possible investment grade rating. [ BlackRock Cautious on Muni Bond ETFs ] The commonwealths bonds have rallied since officials gave a webcast briefing for investors on Oct. 15 in which they said the territory has sufficient funding to avoid borrowing before June 30, according to Bloomberg.
Source: http://finance.yahoo.com/news/believe-puerto-rico-muni-etf-110009694.html

(APD), Dover Corp. (DOV), Emerson Electric Co. (EMR), McGraw Hill Financial Inc. (MHFI) and Walgreen Co. (WAG).
Source: http://www.investmentnews.com/article/20131020/REG/310209998

A report from Standard & Poors on Thursday, suggesting that fourth quarter GDP would expand 0.6 percent less than previously anticipated as result of the government shutdown, raised expectations that the Federal Reserve would delay the taper of its bond purchases. Those expectations were confirmed by Thursday afternoons report from The Wall Street Journals Jon Hilsenrath entitled, Fed Unlikely to Trim Bond Buying in October. The likelihood that quantitative easing would continue at full strength for the foreseeable future weakened the dollar against the euro. On Thursday and Friday the euro came close to hitting its 2013 high of $1.3710, which was reached on February 1. The 17-nation currency reached a high of $1.3682 on Thursday and climbed as high as $1.3699 on Friday. After, the FOMCs September 18 decision against the Septaper, FXE broke through the overhead resistance FXE had been experiencing at $133. This ETF has been trading above that level for twenty-four consecutive days. Fridays 0.01 percent advance to $135.37, allowed FXE to finish the week with a 0.96 percent advance, remaining 1.96 percent above its 50-day moving average of $132.76. FXEs big gains on Thursday and Friday broke the head and shoulders pattern which had formed on the FXE chart. Usually, a rise above the neckline breaks the pattern. On Thursday, we saw FXE rise well above the top of the head, where it remained on Friday. The Relative Strength Index for FXE rose to 66.69 from last Fridays close at 58.31. The MACD just crossed above the signal line, suggesting that FXE should continue to advance during the immediate future.
Source: http://wallstreetsectorselector.com/2013/10/euro-gets-big-boost-weekly-currency-etf-report/

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The Odds Of A Stock Market Crash On Oct. 9

Bear? Sell short? Buy a put?Brokers and investors speak a language of their own. If you’re a market junkie or an individual investor review who wants to know more about how stock exchanges work, test your knowledge of Wall Street speak with this 20-question quiz: – Denali Tietjen,Contributor 1. What does IPO stand for? An IPO is the first sale of stock shares by a private company to the general public.
Source: http://www.csmonitor.com/Business/2013/1009/Can-you-speak-Wall-Street-ese-Take-our-stock-market-quiz/IPO

Keep in mind though that this is just another symptom of Fed induced price distortions. Buying after inflationary policy has pushed prices into the stratosphere can be very dangerous. (click to enlarge) A long term NDX wave count since the year 2000 mania peak, via B.A. Mutual Fund Cash Levels Lastly we show a recent chart of the cash-to-assets percentage of mutual funds. In spite of large inflows this year, this percentage (at 3.8%) remains only a tiny bit above its all time low recorded in 2011, and remains below the low recorded in March of 2000 (4.2%), which in turn was an all time low at the time.
Source: http://seekingalpha.com/article/1737392-u-s-stock-market-the-rebound-gamblers

The futures markets arent perfect, but I was the president of our U.S. futures market for seven years and I never once had anybody complain about liquidity, Farley said today. There are whole conferences dedicated to the issue in equity markets. Reg NMS should be reconsidered, SEC Commissioner Daniel Gallagher said last week. Its a prime candidate for a retrospective review, he told the Security Traders Association market structure conference on Oct. 3.
Source: http://www.bloomberg.com/news/2013-10-08/stock-market-too-complex-for-official-at-nyse-s-soon-to-be-owner.html

How the stock market learned to love the web again

Five years later, the payoff on those deals is becoming clear: $10 billion and counting. But thats not all that calendar watchers are thinking about: They also are on heightened alert for trend changes at any time this month. Thats because October has the reputation for being one in which an above-average number of trend changes occur. As noted in the Stock Traders Almanac, October is known both as the jinx month as well as a bear killer. The reason for the former reputation, according to the Almanac, is because of crashes in 1929, 1987, the 554-point drop on Oct. 27, 1997, back-to-back massacres in 1978 and 1979, Friday the 13th in 1989, and the meltdown in 2008. At the same time, October is known as a bear killer because of the 11 post-WWII bear markets that ended during the month. Government shutdown: Track the latest news out of Washington /conga/story/2013/10/governmentshutdownstream.html 282136 But is there any statistical basis for thinking that October, or Oct.
Source: http://www.marketwatch.com/story/the-odds-of-a-stock-market-crash-on-oct-9-2013-10-08

Stock Rules Too Complex to Official at NYSE’s Imminent Owner

Several years ago, a new generation of startups emerged. They were built around new technologies and features like social networking, local e-commerce and mobile apps. In time, the best of these companies listed their stocks on the public markets, and some, like Zynga ( ZNGA ) and OpenTable ( OPEN ), saw their prices rise and then fall. Fewer, like LinkedIn ( LNKD ) won a more durable favor among investors. MORE: 3 ways Twitter’s IPO won’t be like Facebook This year, nearly all public companies relying on web-centric business models are seeing the kinds of rallies that founders dream of when going public.
Source: http://tech.fortune.cnn.com/2013/10/07/tech-stock-bubble/

Obama Demands Quick House Vote On Shutdown

The United States may keep some forces in Afghanistan after the formal end of the war in 2014, if an agreement can be reached with the Afghan government; the U.S. and Iraq were unable to reach a similar deal after the end of the war. Obama told the wire service that “no matter what, by the end of next year, we’ll be finished with combat operations” in Afghanistan. The owner of the Washington Redskins football team should “think about changing” its nickname because it is offensive to some Native Americans. The Associated Press interviewed Obama on Friday, and published the results Saturday.
Source: http://www.usatoday.com/story/news/politics/2013/10/05/obama-associated-press-interview-government-shutdown/2926989/

Obama said during a surprise visit to FEMA headquarters in the district. The House should hold that vote today. The president said he is happy to talk to Republicans about budget issues, but not under threat of a shutdown or a government default. Were not going to establish that pattern, Mr. Obama said, urging the GOP to move beyond this manufactured crisis. Speaker John A. Boehner , Ohio Republican, has said there are not enough votes in the House to pass a clean resolution to reopen the government temporarily.
Source: http://www.washingtontimes.com/news/2013/oct/7/white-house-takes-tough-line-default-threat/

Obama Says Boehner Is Bluffing: ‘Hold a Vote’

“And so I recognize that in today’s media age, being controversial, taking controversial positions, rallying the most extreme parts of your base — whether it’s left or right — is a lot of times the fastest way to get attention or raise money, but it’s not good for government. It’s not good for the people we’re supposed to be serving.” Thoughts on Iran The AP interview also touched on the question of Iran’s nuclear program and the overtures made last month by President Hassan Rouhani at the U.N. General Assembly meeting in view publisher site New York. “Nuclear weapons and other weapons of mass destruction have no place in Iran’s security and defense doctrine, and contradict our fundamental religious and ethical convictions,” Rouhani told the world body. Obama said the United States should test such overtures.
Source: http://www.cnn.com/2013/10/05/politics/obama-interview/index.html

Obama blames Boehner for ongoing government shutdown

Credit: Reuters/Jonathan Ernst By Mark Felsenthal WASHINGTON | Sat Oct 5, 2013 1:16pm EDT WASHINGTON (Reuters) – Saying the U.S. government shutdown was having a “heartbreaking” impact on ordinary Americans, President Barack Obama on Saturday renewed his call on congressional Republicans to end the five-day stalemate and pass a funding bill without conditions. Republicans in the House of Representatives have held firm in their refusal to fund and reopen the government until Democrats agree to delay implementation of Obama’s landmark 2010 healthcare law, also known as Obamacare. In his weekly radio address, Obama ratcheted up the pressure on Republicans, describing the toll the shutdown was having on several people who had either lost access to government services or been temporarily displaced from their jobs. Kelly Mumper, an early education worker with three children in the military, was one of 150 workers who had to stop providing care for 770 children enrolled in an early childhood education facility in Alabama, the president said. “I am extremely concerned for the welfare of these children,” Obama quoted Mumper as saying in a letter she wrote him.
Source: http://www.reuters.com/article/2013/10/05/us-usa-fiscal-obama-idUSBRE99403I20131005?feedType=RSS

Obama calls impact of government shutdown ‘heartbreaking’

I believe there are the votes to pass a clean [continuing resolution], Pennsylvania Republican Rep. Charlie Dent said on CNN. Im going to insist the Speaker try to bring out a clean, continuing resolution. Speaking on the House floor later, Boehner said its Obama who is making the shutdown drag on. With a need to increase the debt ceiling or face major economic consequences looming just days away, Boehner said a senior White House official told him Monday that Obama would rather risk a sovereign debt default than negotiate over raising the borrowing limit. The presidents refusal to negotiate is hurting our economy and putting our country at risk, Boehner said.
Source: http://swampland.time.com/2013/10/07/obama-says-boehner-bluffing-hold-a-vote/

Jury Set For Billionaire Mark Cuban’s Insider Trading Trial

District Judge Sidney Fitzwater in Dallas is expected to last eight to 10 days, court papers show. Opening statements are expected Tuesday when court resumes. The trial could stretch into mid-October, with breaks. Sixty-four prospective jurors squeezed into the courtroom as jury selection got underway on Monday, filling out three of four audience rows and the jury box.
Source: http://www.chicagotribune.com/business/sns-rt-us-sec-cuban-20130929,0,6557033.story

Florida Man Admits Insider Trading for Passing Gilead Tip

Many investors had expected the Fed to start gradually winding down the program, but instead the central bank in its Sept. 18 policy statement said that it would maintain its $85 billion monthly purchases for the time being. The decision led investors to hit the brakes on plans to adjust their portfolios, traders and analysts said, and less activity meant less money for banks’ fixed-income trading desks. “From what I can see, it’s mainly weaker activity levels – activity levels are just very low,” said Richard Ramsden, an analyst who covers banks for Goldman Sachs.
Source: http://in.reuters.com/article/2013/09/30/wallstreet-profits-idINL1N0HQ0L120130930

UPDATE 1-Wall St banks likely stung again by bad bond-trading quarter

Schiano deferred to general manager Mark Dominik, then added, “As long as he’s a Buccaneer, then he will be a member of this team and do the things we do.” WEEK 4 TAKEAWAYS: Backup QBs find a spark It’s time to stop that charade. Schiano made it clear with the switch that he doesn’t want Freeman despite contending repeatedly that Freeman gave the Bucs their best chance at winning and there’s no turning back now. Freeman was the starting quarterback for the first three games one of which would have been won without a boneheaded penalty by linebacker Lavonte David , another that might have been won if Rian Lindell hadn’t missed a 40-yard field goal. But with Schiano insisting Freeman will “do the things we do,” Freeman wasn’t even deemed worthy to be on the sideline for Sunday’s game. Typically, a former starter would exchange strategical observations with the quarterback between series. There are conflicting versions of how it all went down after Freeman discussed the situation during a Saturday meeting with quarterbacks coach John McNulty and a follow-up session on Sunday with Schiano.
Source: http://www.usatoday.com/story/sports/nfl/buccaneers/2013/09/30/tampa-bay-buccaneers-josh-freeman-drug-program/2899379/

Trading Strategies Adopted From NFL QB Peyton Manning & Coca-Cola

Securities and Exchange Commission sued Dowd in January after his arrest by the Federal Bureau of Investigation. The number of people sued by the SEC or charged with insider trading by the Justice Department has more than doubled since 2008, according to data compiled by Bloomberg. There were 56 in 2008, 96 in 2009, 67 in 2010, 104 in 2011 and 125 in 2012. Of those, 22 percent were linked to trading involving health-care stocks. Dowds attorney, Peter Willis, didnt immediately return a call seeking comment.
Source: http://www.bloomberg.com/news/2013-09-30/florida-man-admits-insider-trading-for-passing-gilead-tip.html

Bell: Trading Freeman is the closure Buccaneers need

What do you need when you eat Pizza, a burger or Chinese food? Yes, the answer is Coke. You need Coke external link and those who drink Coke dont accept the substitutes. Coke is truly a drug. Coca-Cola (NYSE:KO) is not a company you short, Coke is like Dion Sanders, when he covers your best player you dont throw in that direction. If you want to short Coke then I recommend you look at other companies in that space and short Cokes ugly sister.
Source: http://smallbusiness.yahoo.com/advisor/trading-strategies-adopted-nfl-qb-peyton-manning-coca-183329064.html

Three Investing Billionaires Have Recently Come Out With Cautious Statements On The Stock Market

In unusual timing, we’ve recently heard from three investing billionaires (Warren Buffett, Carl Icahn, and Stanley Druckenmiller) suggesting that the stock market is getting rich and fully valued. From O’Rourke: [Buffett] noted that the equity market was fairly valued and stocks were not overvalued. Specifically, Buffett said They were very cheap five years ago, ridiculously cheap, and Thats been corrected. He also noted, Were having a hard time finding things to buy. One has to take note when the worlds most high profile investor (a long investor), cannot find stocks to buy although he reports his business is improving. Buffett was not the only Billionaire to weigh in last week. Carl Icahn responded candidly when asked his view on the market. Right now, the market is giving you a false picture. The market tells you that you are doing well, but I dont think a lot of companies are doing that well. They are taking advantage of very low interest rates. So, obviously, you dont have to be a financial genius to understand if I can borrow at 3% or 4% and buy assets maybe my own stock that is yielding 9%, 10% or 11%, I am going to make a lot of money. In one sense or another that is what is going on.I do think at 17x that you have to be pretty well hedged. These comments come a little more than a week after Stanley Druckenmiller opined that, But if you tell me QE is going to be removed over nine or 12 months, that’s a big deal because when it’s my belief that QE has subsidized all asset prices. And you remove that subsidization, the market will go down. Druckemiller elaborated My first mentor and boss, Dr. Ellis in Pittsburgh, used to tell me it takes hundreds of millions of dollars to manipulate a stock up, but the minute you have this phony buying stop, it can go down on no volume and it can just reprice immediately. I personally think as long as this game goes on, assets will stay elevated. But when you remove that prop – and let’s face it, the Fed has said they’re targeting those asset prices – those prices can adjust immediately.
Source: http://www.businessinsider.com/druckenmiller-icahn-and-buffett-on-the-stock-market-2013-9

Stock market opens mixed after report on surge in home prices

Stocks faded in the last half-hour of trading Tuesday after staying positive most of the day. Traders struggled with conflicting news about the economy. One report on Tuesday showed that home prices in July rose the most in more than seven years. Another showed that Americans’ confidence in the economy slipped in September. The Dow fell 66 points to close at 15,334.
Source: http://abcnews.go.com/Business/wireStory/stock-market-fades-close-20360820

Stock Market Fades at Close

The Dow Jones industrial average was down seven points to 15,393 shortly after the market opened Tuesday. The Standard & Poors 500 index is down two points to 1,700. The Nasdaq is up two points to 3,767. More business news Which presidents raised the debt ceiling? Since 1980, the debt ceiling has been raised 39 times. It was raised 17 times under Ronald Reagan, four times under best stock buys Bill Clinton and seven times under George W.
Source: http://www.washingtonpost.com/business/us-stock-market-opens-mixed-with-housing-and-consumer-confidence-in-focus/2013/09/24/8639cec4-2520-11e3-9372-92606241ae9c_story.html

Stock Market Rises Slightly at Midday

Stocks faded in the last half-hour of trading Tuesday after staying positive most of the day. Traders struggled with conflicting news about the economy. One report on Tuesday showed that home prices in July rose the most in more than seven years. Another showed that Americans’ confidence in the economy slipped in September. The Dow fell 66 points to close at 15,334.
Source: http://www.latimes.com/business/la-fi-mo-stock-market-opens-mixed-20130924,0,2981411.story

US stock market opens mixed with housing and consumer confidence in focus

One report showed that home prices in July rose the most in more than seven years. Another showed that Americans’ confidence in the economy fell slightly in September as many people became less optimistic about hiring and pay increases. The Dow Jones industrial average was up 12 points to 15,413 shortly before 12 p.m. Tuesday.
Source: http://abcnews.go.com/Business/wireStory/stock-market-rises-slightly-midday-20357662

Forex Trading Strategy | How “aims Stress Free” Helps People Improve Their Income – V Kool

The market continues to be flooded with various issues that could impact gold prices and keep it in its current uncertain situation for the years to come. Traders need to gain a high-level understanding and perspective about the gold market condition by keeping up-to-date with the current trends and should always go with the guidance offered by reliable and reputed sources. Forex Peace Army offers performance tests that would enable traders get an understanding as to how money managers perform in complex market situations. The economic turbulences and political crisis that is being faced by some countries has a direct impact on the market and could create a potentially highly undependable state. Again this has affected the market on the reverse and traders have stopped selling and started to buy gold.
Source: http://finance.yahoo.com/news/forex-peace-army-ceo-dmitri-124500710.html

FOREX.com Becomes Exclusive U.S. Provider of tradable Platform

Please help us solve this matter. If Malek Noureed Awan doesnt have the money to pay us back, then we want him to be in jail for the rest of his life. We dont want to see him out as a free bird, a spokesperson of the group told Gulf News. During the 25-minute teleconference, investors said Awan openly threatened them that he would not return their money if they report the matter to the police or discuss their concerns with the media.
Source: http://gulfnews.com/news/gulf/uae/general/dubai-duped-forex-investors-demand-money-back-1.1228239

As a result, traders can save their time, money and efforts. The useful program also enables users to reduce risk and allows them to purchase and sell products or services. This guide will help traders broaden the ability to avoid trading risks. This program is suitable for both beginners and advanced people to use. The guide also provides people with step-by-step instructions and detailed videos that are easy to understand and use.
Source: http://www.watchlistnews.com/2013/09/11/forex-trading-strategy-how-aims-stress-free-helps-people-improve-their-income-v-kool/

Forex Asia

11, 2013 /PRNewswire/ –FOREX.com, the retail division of GAIN Capital Holdings, Inc. ( GCAP ), announced today that it is partnering with tradable in order to deliver the first open trading platform for forex traders to its clients. The tradable platform is now available in the United States exclusively to FOREX.com clients and will soon be extended to FOREX.com clients globally with a broader product offering including CFD’s. Voted the most innovative financial product at the ForexMagnates Summit in London 2012, tradable allows traders to create a completely customized online trading platform using third party developed apps. From tradable’s appstore, traders choose from apps designed for social trading, charting, market data and more. “We are excited to be the first broker to bring tradable to forex traders in the US,” said Muhammad Rasoul, Chief Product Officer, GAIN Capital.
Source: http://finance.yahoo.com/news/forex-com-becomes-exclusive-u-113000333.html

The Top Ten Factors Affecting Forex, Bonds, and Equities

But the dollar slipped versus the yen as U.S. Treasury yields fell and some traders said that while the Federal Reserve will likely start reducing stimulus next week, the move will be smaller than initially thought. Uncertainty about the timing and pace of Fed action grew after last week’s disappointing U.S. August employment report. Thursday’s U.S.
Source: http://www.reuters.com/article/2013/09/12/markets-forex-idUSL2N0H80S420130912

FOREX-Dollar rises vs euro after data but falls vs yen

Finally in Europe, Industrial Production, value the output produced by manufacturers, mines, and utilities, drop down from 0.7% on August down to -0.1% now is forecasted. In Great Britain, Inflation Report Hearings, Bank of England (BOE) Monetary Policy Committee (MPC) members vote on where to set http://www.etftradingsignals.com/ the nations key interest rates, In Switzerland, Producer Price Index (PPI), the manufacturers price change of goods and raw materials, rise up to 0.2% is calculated now. In New Zealand, Business NZ Manufacturing Index, Monthly Manufacturers Survey of to rate the business conditions like employment, new orders, supplier deliveries, and inventories, 59.5 points are due now. The risk grows as the leverage is higher. investment objectives, risk appetite and the trader level of experience should be carefully weighed before entering the forex market.
Source: http://www.fxstreet.com/analysis/forex-daily-outlook/2013/09/12/

Forex Daily Outlook

Chinese Premier Li Keqiang said the foundations of a growth rebound are not solid Chinas leader has cautioned that stimulus will not help resolve deep-rooted issues in the worlds second-largest economy. He reiterated recently that China would push forward interest rate and exchange rate reforms, as well as the internationalization of the Yuan, while promoting the currencys convertibility under the capital account. The Peoples Bank of China fixed USD/CNY to a record low of 6.1575 overnight. The Reserve Bank of New Zealand grows more hawkish The RBNZ reiterated its guidance to keep rates unchanged this year as expected, but added a more explicit tightening bias with a comment that Overnight Cash Rate increases will be required next year. Kiwi policymakers have brought forward their expected timing for the first hike to June, 2014, from September, 2014, and raised its 90-day interest rate projections by +20bps to +50bps across the forecast horizon.
Source: http://www.forbes.com/sites/deanpopplewell/2013/09/12/the-top-ten-factors-affecting-forex-bonds-and-equities/

Dubai: Duped forex investors demand money back

Paul Ebeling is best known for his work as writer and publisher of The Red Roadmasters Technical Report on the US Major Market Indices, a highly-regarded, weekly financial market letter, where he enjoys an international audience among opinion makers, business leaders, and respected organizations. Something of a pioneer in online stock market and commodities discussion and analysis, Ebeling has been online since 1994. He has studied and worked in the global financial and stock markets since 1984. Latest posts by Paul Ebeling ( see all ) Sitemap Copyright and All Rights Reserved. Information and opinions contained on this page are for educational purposes only and do not constitute trading recommendations. Trading OTC Forex on margin carries a high level of risk, and may not be suitable for all investors.
Source: http://www.livetradingnews.com/forex-asia-7-8576.htm

How To Get Out Of Default On A Student Loan

http://www.obamastudentloanforgiveness.net For the debt forgiveness program to work, hes going to need to keep making payments for 10 years and continue working in public service. The hope obviously is that the program will still be there, said Nelson, who pays about $400 a month in student loans and expects to save five figures with loan forgiveness. Sign up a repayment plan Tyler Shelton, 23, who just started graduate school for urban planning at Wayne State University, said he had never even heard of loan forgiveness programs. But if it works, he might consider it as an option to deal with what could end up as much as $50,000 in student loan debt. Students need to follow specific rules to make this work, too.
Source: http://www.freep.com/article/20130912/COL07/309120006/1002/RSS02

2. Consolidation. Assuming that repayment is not an option, you could look into obtaining a direct consolidation student loan from the Department of Education. Your new loan would pay off your old, defaulted loan, and you can enter federal repayment assistance programs, including Pay as You Earn and Income Contingent Repayment, which make the monthly amount owed much more affordable. 3. Rehabilitation.
Source: http://www.chicagotribune.com/business/sns-201309101900–tms–savingsgctnzy-a20130910-20130910,0,2500170.story

Part of the reason private education lending is so diminished today is that banks have had to clean up their act.Before the financial crisis, banks were happy to pump out loans to undergradsen masse with little regard for credit standards, subprime style . The CFPB estimates that in 2008, they issued $20 billion worth.Since the crash, they’ve drastically tightened up their lending standards,and the flow of loans has slowed to a drip. If there ever was a bubble in private student lending, it’s already burst. But there’s also a greater point here. For the most part, it’s not helpful to think of student lending, circa 2013, in terms of bubbles at all. Rather, as Chadwick Matlin has put it at Reuters, it’s more of an anvil weighing on a large but discrete group of very unfortunate borrowers.
Source: http://www.theatlantic.com/business/archive/2013/09/no-the-student-loan-crisis-is-not-a-bubble/279398/

A student loan without a lifetime’s indentured servitude

We help music fans discover new genres, records and classic catalogues,” company CEO Lohan Presencer wrote in an editorial in the Guardian. “After 20 years and more than 50 [million] album sales, the value and creativity in our compilations are self-evident.” Separately, the Swedish press reported that Spotify is seeking additional financing, which could take the form of debt issuance. The company has been valued at as much as $5.2 billion. It’s the first comprehensive professional sports deal for Uber. NFL players will get personalized keychain cards with $200 in ride credits, The New York Times reported. Players will also get first-time rider promo cards to give to their friends and family.
Source: http://www.cnbc.com/id/101011930