Bloomberg: Negative Interest Rates Are Sign of Desperation
A Bloomberg report explains why central banks are resorting to negative interest rates and evaluates the impact.
A Bloomberg report explains why central banks are resorting to negative interest rates and evaluates the impact.
PayNet has developed a Small Business Default Index, which will gauge small business defaults and signal insolvency across multiple sectors of the economy at the national, state and industry levels.
According to a report from Fifth Street Asset Management, in 2015, sponsored middle market loan volume reached $50.3 billion, down 28% from 2014, falling below expectations and capping the weakest year for volume since 2009.
Leading global advisory firm, Oxford Economics, says that once unthinkable, negative interest rates, now used by four central banks, are here to stay.
The Federal Reserve left interest rates unchanged at its latest meeting and noted the economy slowed down at the end of last year. Stocks traded lower with the DJIA down 220 points by market close.
Bloomberg reported global oil markets could “drown in oversupply,” sending prices even lower as demand growth slows and Iran revives exports with the end of sanctions.
According to the most recent Beige Book from the Fed, nine out of the 12 Federal Reserve districts indicated expansion of economic activity, although the agricultural and manufacturing sectors were weak.
According to AlixPartners’ 10th annual North American Restructuring Experts survey, 2016 may see an uptick in restructurings and corporate bankruptcy filings.
Bloomberg reported that the value of bills, notes and bonds coming due for the Group-of-Seven nations along with Brazil, China, India and Russia will total $7.1 trillion in 2016, compared to $7 trillion in 2015.
The U.S. Census Bureau reported transportation equipment drove the increase in new orders, shipments and unfilled orders for manufactured durable goods in November.