Posts from July 13, 2015

At Last, a Greek Debt Deal

A look at the winners, losers & terms. Provided by Marc Aarons @ Money Managers Inc. It looks like Greece will stay in the euro. After eurozone finance ministers pulled an all-nighter, negotiating for 17 hours into early Monday morning, the government of the beleaguered nation accepted the latest bailout terms offered by its creditors. […]

Marc Aarons @ Money Managers Inc. Presents: 2015 Q2 QUARTERLY ECONOMIC UPDATE

A review of 2Q 2015 THE QUARTER IN BRIEF A 2.10% June retreat left the S&P 500 down 0.23% for Q2 2015, putting an end to its 9-quarter winning streak. The quarter’s biggest economic events occurred in late June – Greece defaulted on its debt, the commonwealth of Puerto Rico said a default was imminent, […]

Another Glitch Hits Wall Street

The NYSE freezes floor trading for more than three hours. Provided by Marc Aarons @ Money Managers Inc. Floor trading was abruptly halted at the New York Stock Exchange Wednesday. At 11:32 am EST, a sudden problem forced the NYSE to interrupt trading in all symbols and cancel all open orders in its main market. […]

Behind on Your Retirement Savings?

What steps could you take to catch up? Provided by Marc Aarons @ Money Managers Inc. If life has not allowed you to build substantial retirement savings, what can you do to improve your retirement prospects? Here are some suggestions. Play catch-up. If at all possible, take advantage of the catch-up contributions the IRS allows […]

Can the Market Ride Through the Greek Debt Crisis?

U.S. equities face their biggest test of 2015. Provided by Marc Aarons @ Money Managers Inc. June definitely ended with some drama. When Greek government officials told Reuters Monday that the nation could not make its €1.5 billion loan repayment to the International Monetary Fund on June 30, the Dow plunged 350.33, the S&P 500 […]