#bailout-risk

#bailout-risk

"Oil prices are higher again this morning, but Treasury yields are lower as the risks to economic growth begin to take precedence over the risks to inflation," Oxford Economics said in a note on Monday.

With roughly nine million student borrowers in default, the Treasury Department will "assume operational responsibility for collecting" on those loans, the Education Department announced Thursday. The move is ED's latest effort to render itself obsolete as part of the Trump administration's plan to eliminate the department. This is the 10th interagency agreement it has signed to share with or spin off functions to other federal agencies.

behind the recent jump are primarily the weak labour market numbers, but almost all the economic data has turned soft since the end of last year. Total nonfarm payroll employment edged down by 92,000 in February, and the unemployment rate changed little at 4.4 percent.

"The historical evidence reveals a striking pattern: government bonds have repeatedly generated substantial real losses during these extreme episodes. They have even underperformed equities and real estates which are traditionally regarded as risky assets."

I have not touched a paper note for months. I don't even have money to pay for a taxi. Now we walk a lot, for long distances. Palestinians in Gaza use the Israeli currency, the shekel, in their daily transactions, and depend on Israel to supply banks with new banknotes and coins.

There is an echoing melancholy to this era, as we watch the end of Silicon Valley's hypergrowth era, the horrifying result of 15+ years of steering the tech industry away from solving actual problems in pursuit of eternal growth. Everything is more expensive, and every tech product has gotten worse, all so that every company can "do AI,"

"If we don't get what we need [in terms of extra government help] then a Section 114 Notice will come in, which is effective bankruptcy. We'd then get administrators come in, in effect - they'd then make a plan for where the money gets spent in Worcestershire. It would be a catastrophe. We're going to have to halt projects that were put into the budget by the previous administration, things that maybe were 'nice to have', but we can't afford them."

It might make the average American consumer happy, but the decision could amount to trillions of dollars worth of lost government revenue over the next decade, and eventually come back to haunt the country's fiscal stability. As evidence mounted that tariffs were taking a toll on American shoppers and companies, the Supreme Court justices ruled 6-3 that Trump had exceeded his authority when he installed sweeping "emergency" tariffs on a number of trade partners. The decision was cheered by business coalitions, and markets surged on the news.

Argentina has repaid the funds it drew from a $20 billion credit line with the Trump administration, U.S. Treasury Secretary Scott Bessent announced Friday, in a crucial step for Argentine President Javier Milei to restore confidence in his chronically distressed economy. In addition to making payments to bondholders, Milei's radical libertarian administration had "quickly and fully repaid its limited draw," Bessent said, without specifying the amount.

The Quote and Why It Resonates Howard, host of The Clark Howard Podcast and founder of Clark.com, classifies credit card debt as an emergency requiring urgent action. The message reframes debt from a common financial burden into something requiring the same urgency as a broken-down car or medical crisis. It's simple, direct, and cuts through the rationalization that keeps many people making minimum payments indefinitely.

Bubbles are hard to predict You never know if there has been a bubble until after the event, says Daniel Casali, the chief investment strategist at the wealth management company Evelyn Partners, and if Guardian Money could predict the peaks and troughs in the stock market you would be the first to know (shortly before we all cashed in and retired).