Debt ceiling or strategically default is one of the hottest topics these days. PEW Charitable Trusts prepared a great document that explains debt ceiling or strategically default, should we raise it? What is the federal debt? If the federal government does not collect enough revenue to pay for all its spending obligations, it must borrow to make up this shortfall; the...

It seemed unlikely that such extreme volatility could ever be matched. But the second-quarter of 2011 has come close, with the asset class performing poorly and dragging the rest of the financial markets with it. The first half of 2011 ended on a high. The two factors that caused so much volatility in the first quarter – the Japan earthquake and turmoil in the MENA region...