Will Italy Be Saved by the ECB?

Back

Will Italy Be Saved by the ECB?

The Italian election at the end of May has shaken up Europe and the Italian bond market.    The change in Italy will make things more volatile over the next several months.    We believe that the ECB will keep Italy afloat with purchases of Italian Government bonds.       When Mario Draghi steps down late next year. It is likely a German will take the helm of the ECB next year and Europe will fall back into financial crisis mode.

Recent News

Income Tax Breaks for Homeowners

The U.S. government has a long standing history of including incentives in the income tax code to encourage home ownership.  This is because of the positive impact home buying has on the economy - consumer spending makes up over two-thirds of the U.S. economy.  Purchases of homes, especially new construction,…

Read More

Corporate Debt Looms Large

Corporations have had the wind at their backs with low interest rates. This lead to record levels of corporate debt issuance, which has surpassed 45% of GDP. There are now over $4trillion in corp. bonds due over the next 5 years. Companies will be forced to refinance at high rates…

Read More

401k: Understanding the Ins and Outs of the Most Popular Retirement Tool

Whether you’ve just started a new job, or you’ve been at one for years, odds are that your employer has given you the option to participate in an employer-sponsored 401(k) retirement plan (“401k”).  The 401(k) plan is one of the most popular retirement tools for working individuals.  Despite its popularity,…

Read More