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Showing results for Puerto Rico GNMA & U.S. Government Target Maturity Fund, Inc.
...Stay U/P SM; valuation still too rich. ......
...Hedge funds and risk-parity funds have reduced their equity exposure considerably. But institutional active funds and passive products have room for further outflows....
...As an appointee in the Obama Administration, Weiss became the White House’s point-person on its response to the growing fiscal crisis in Puerto Rico, alongside US Treasury boss Jack Lew....
...When I was at the IMF/World Bank meetings in Washington this month, people were talking about how the next target for the international vulture/ distress funds would be Puerto Rico....
...Puerto Rico’s Treasury secretary said on Monday that first-quarter revenue for the fiscal year starting in July beat previous government estimates and rose 5.4 per cent to $1.7bn....
...Moeldoko: China’s dismaying new claims in the South China Sea (WSJ) John Paulson Calls Puerto Rico Singapore of Caribbean (Bloomberg) Sugar: Drastic measures (Financial Times) The Co-op, the bananas and...
...any goes to the U.S. government, which funded a $17.2 billion bailout of the firm....
...Puerto Rico is one issuer that could cause widespread distress....
...On March 2, American International Group, Inc....
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