In your interest.
Online Personal Finance Magazine
No beating about the bush.
The outlook for New York looks bleak: it spends about $5.6 billion a year to repay debt, and this amount will surpass $7.1 billion in four years. New York's public authorities have over $80 billion in debt that is not backed by state revenues.
Bob Doll, Chief Equity Strategist at BlackRock, one of the world’s largest asset managers, is striking a very bullish tone in his latest strategy note. Doll’s who often appears in CNBC India, says the recovery is the real deal and that you better jump on board the risk asset train before you get left behind.