Tag Archives: debt

Sugar Land day trader accused of targeting his own community in investment scheme

According to Erin Mulvaney, A Sugar Land day trader was charged Tuesday with defrauding his Houston-area clients in a high-frequency investment scheme, officials said. The Securities and Exchange Commission alleges that Firas Hamdan provided falsified brokerage records that drastically overstated assets and hid his … Continue reading

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U.S. Yields Evoke Eisenhower Era as Growth Stalls

Treasury bond yields are plunging to levels seen in the 1950s on concern the two-year recovery in the world’s largest economy is stalling. Yields on benchmark 10-year U.S. notes are about 4.3 percentage points below the average over the past 49 … Continue reading

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Debt Contagion Fears Drag Europe Shares to 4 Month Lows

As reported by Reuters, European shares fell sharply to four-month lows on Tuesday, as jitters intensified that the deepening euro zone debt crisis could spread to larger economies such as Italy and Spain, putting at risk the region’s financial stability. By 1046 GMT, … Continue reading

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