Tag Archives: anguish

(Bloomberg) — Don’t be fooled by the stock market’s rapid-fire reaction to the news. It’s just the beginning of the first real slog in years, one that will hand a comeuppance to passive investors who once thought the only way for prices to go was up. Most Read from Bloomberg That’s the view of James Abate, whose Centre American Select Equity Fund (DHAMX) has beaten 97% of its peers during the past three years according to data compiled by Bloomberg. He says shares are getting less… Source link

Problems with student loan debt pushed Congress to create a seemingly straightforward law in the 1990s to help borrowers lower default rates by consolidating debt with their spouses. Two decades later, divorced borrowers are struggling with the unforeseen consequences. “This problem, in particular, is a great metaphor for how broken the student loan system is,” Bonnie Latreille, director of research and advocacy at the Student Borrower Protection Center, told Yahoo Finance. “This product was… Source link