My analysis of finances, ETFs, and history.
Dec. 13, 2016
CDSs are aimed at insuring their holders against defaults by the borrowers. The risk of default is transferred from the holder of the debt instrument to the seller of the CDS.
Dec. 9, 2016
Americans now owe more on student loans than on credit cards. The total surpasses $1 trillion dollars with nearly 40% of those between the ages of 20 and 40 have student debt