The markets brace for Puerto Rico’s default
Breakfast with Benjamin Plan to default on $1 billion worth of general obligation bonds has markets on alert.
- The markets are bracing for the next shoe to drop in the form of a default by Puerto Rico. The plan to default on $1 billion worth of general obligation bonds.
- With GE Capital now off the list of financial institutions the government considers too big to fail, the complete list is still pretty lengthy. From American International Group to Zions.
- Even with the S&P 500 hovering near all-time highs, there are still some stocks that are poised for big run-ups from here. Beaten-down stocks with big upside potential.
- The numbers on the 4th of July holiday. In 2014, thirsty patriots bought 22.8 million cases of beer.
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