Carmen Reinhart and Kenneth Rogoff popularized the notion of sovereign serial defaulters – nations that repeatedly go through cycles of fiscal mismanagement, default and recovery. High profile serial defaulters include Argentina, Greece and Venezuela.
Could a US municipality also become a serial defaulter? Investors may wish to look at the […]
Stadiums and arenas often generate drama not just for sports fans, but for bondholders as well. For the Phoenix suburb of Glendale, the latest episode of stadium anxiety played out last week. Market participants who use Bitvore learned about the evolving situation early as we carried this piece from […]