◀ The Principal Blog

Posts from the ‘Economic Insights’ category

Getting Set to Move?: Reaction to Fed Minutes (Video)



The minutes from July’s FOMC meeting came out on Wednesday, August 20, 2014. The minutes focus on the timing and implementation of the Fed’s exit strategy. Here are some of my thoughts on the release.  Follow Principal Global Investors on LinkedIn…

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Vultures, a Ship, and RUFO: The Weird Tale of Argentina’s Latest Default



Last week, Argentina fell in default…again. Argentina last failed to make payments on its sovereign debt obligations in 2001, to the tune of $80 billion. Market reaction outside of Argentina to the most recent stumble was generally muted.  The U.S. stock market was down last week, but mostly…

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