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Obama To Take Executive Steps On Student Loans – Abc News

Obama also plans to announce that he’s directing the government to renegotiate contracts with federal student loan servicers so encourage them to make it easier for borrowers to avoid defaulting on their loans. And the president is going to ask the Treasury and Education departments to work with tax preparers to increase awareness about tuition tax credits and flexible repayment options. THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is below. President Barack Obama used the college commencement season Saturday to get behind Senate Democratic legislation that would let college graduates with heavy debts refinance their loans.
Source: http://abcnews.go.com/Politics/wireStory/obama-executive-steps-student-loans-24043210

Hillary Clinton remains popular for her time as secretary of state, viewed apart from Obama – The Washington Post

President Barack Obama (L) shakes hands with Brazilian President Dilma Vana Rousseff (R) during a joint press conference at Palacio do Planalto in Brasilia on March 19, 2011. (JIM WATSON/AFP/Getty Images) CORRECTION: The title of this slide initially referred to Dilma Rousseff as the prime minister of Brazil. In fact, she is the president of Brazil. U.S. President Barack Obama (L) and Cambodian Prime Minister Hun Sen (R) reach out to shake hands on arrival at the Peace Palace for the Association of Southeast Asian Nations (ASEAN) and US summit in Phnom Penh on November 19, 2012 following the reference 21st ASEAN Leaders Summit. (ROMEO GACAD/AFP/Getty Images) President Barack Obama shakes hands with Canadas Prime Minister Stephen Harper in bilateral meeting during the G20 Summit, Tuesday, June 19, 2012, in Los Cabos, Mexico.
Source: http://www.huffingtonpost.com/2014/06/06/obama-brian-williams-interview_n_5462282.html

VFW Demands Obama Get Marine from Mexico | Fox News

Currently, the program is only available to those who started borrowing after October 2007 and kept borrowing after October 2011. Obama plans to start allowing those who borrowed earlier to participate, potentially extending the benefit to millions more borrowers. President Obama calls on Congress to support a bill moving through the Senate that would allow people to refinance their student loan debt, sayin… “At a time when college has never been more important, it’s also never been more expensive,” Obama said in his weekly radio and Internet address released Saturday . He said he would pay for the initiative by closing certain tax loopholes for millionaires, an idea long sought by Democrats to pay for a variety of programs but repeatedly rebuffed by Republicans. Members of Congress will have to choose whether to “protect young people from crushing debt, or protect tax breaks for millionaires,” he said.
Source: http://www.cbsnews.com/news/obama-looks-for-ways-to-ease-student-loan-debt/

Obama looks for ways to ease student loan debt – CBS News

But, he added, Clinton can also argue that she will lay out her own path once in the White House. The Post-ABC poll found 50 percent of the public disapproves of the way Clinton handled the response to the Benghazi attack. But the survey also showed that 59 percent of the public believes Clinton has new ideas for the countrys future, and more than half consider her honest and trustworthy. With many of the Obama administrations foreign policy priorities still unresolved, Clinton has struggled publicly to identify her biggest accomplishment . But supporters say that it is unfair given her role as part of Obamas team of rivals in the first term. She devoted herself to being a total team player in support of President Obama, said Michele Flournoy, former undersecretary of defense for policy at the Pentagon in Obamas first term.
Source: http://www.washingtonpost.com/politics/hillary-clinton-remains-popular-for-her-time-as-secretary-of-state-viewed-apart-from-obama/2014/06/07/4bad6e62-ea61-11e3-b98c-72cef4a00499_story.html

Obama Talks Bowe Bergdahl Swap With Brian Williams: ‘Something That I Would Do Again’

Obama and Putin had a conversation lasting between 10 and 15 minutes at a luncheon hosted by French President Francois Hollande at the Chateau de Benouville, Deputy National Security Adviser Ben Rhodes said. President Obama and President Putin did speak with each other on the margins of the leaders lunch. It was an informal conversation not a formal bilateral meeting, Rhodes said. Obama and Putin Draw Cheers and Laughs When They Smile on Split Screen Obama and Putin were first spotted together at a picture for the heads of state attending the luncheon, including Queen Elizabeth II, who wore a white and green dress with a green hat. In the group photo, Obama and Putin stood with three people between them. (Regis Duvignau/AP Photo) As the leaders started to return to the Chateau, Obama checked on Queen Elizabeth while Putin spoke with Hollande.
Source: http://abcnews.go.com/blogs/politics/2014/06/obama-and-putin-talk-at-d-day-celebration/

Obama and Putin Talk At D-Day Celebration – ABC News

The Marine reportedly told authorities he had entered Mexico by mistake after taking a wrong turn near the border with San Diego, Calif. Alejandro Gonzalez Guilbot, head of Mexican customs, said the pistol was found in the door pocket below the driver’s side window and the other weapons also within reach of the driver. The paper said Tahmooressi previously described the 5.56-caliber rifle as an AR-15. Tahmooressi has said he was handcuffed and taken to prison, and that he was beaten after he tried to escape. He said guards hit him so many times in face that he felt his jaw fall out of place, Fox News reported. Tahmooressi, who served two tours in Afghanistan, reportedly suffers from post traumatic stress disorder. Since the U.S.
Source: http://www.foxnews.com/us/2014/06/08/vfw-demands-obama-get-marine-from-mexico/

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The 25 Highest-yielding Dividend Stocks In June

Why you should buy stocks today – – MSN Money

Young man working on laptop © ONOKY-Eric Audras, Getty Images

Note: These stocks are a good place to start your research, but they’re not formal recommendations. Windstream was covered last month . The company has a heavy debt load, is trying to transform its business, and at the same time is working to maintain its dividend in the face of falling revenue . If the company can execute on its transformation and maintain its dividend, the stock looks fairly valued.
Source: http://www.fool.com/investing/general/2014/06/06/the-25-highest-yielding-dividend-stocks-in-june.aspx

Get Out Of Stocks!* | Seeking Alpha

1 bought on the last trading day of the year, while investor No. 2 bought at the S&P’s highest point each year. In other words, investor No. 2 bought on the worst possible day each year.
Source: http://money.msn.com/how-to-invest/why-you-should-buy-stocks-today

VGR Cash Dividend Payout Ratio (Annual) Chart

Treasury yields. U.S. jobs data on Friday showed that nonfarm payrolls increased by 217,000 last month, bringing employment back to its pre-recession level and validating the view that labor conditions are improving. The unemployment rate held steady at a 5-1/2 year low of 6.3 percent. (Full Story) MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up about 0.2 percent, while Japan’s Nikkei stock average .225 added 0.7 percent in early trading The Dow Jones industrial average .DJI and S&P 500 .SPX ended at new records on Friday.
Source: http://news.yahoo.com/asia-stocks-rise-brightening-u-economic-prospects-003314319–finance.html

Asia best energy stocks to buy now stocks rise on brightening U.S. economic prospects – Yahoo News

We can scour the globe across geographies and capital structure. What does that mean? That means we are investing client assets (and my personal assets) into innovative companies covering various growth themes (robotics, alternative energy, mobile devices, nanotechnology, oil sands, electric cars, medical devices, e-commerce, 3-D printing, smart grid, obesity, globalization, and others) along with various other asset classes and capital structures, including real estate, MLPs, municipal bonds, commodities, emerging markets, high-yield, preferred securities, convertible bonds, private equity, floating rate bonds, and TIPs as well. Therefore, if various markets are imploding, we have the nimble ability to mitigate or avoid that volatility by identifying appropriate individual companies and alternative asset classes. Irrespective of my shaky short-term forecasting abilities, I am confident people will continue to ask me my opinion about the direction of the stock market.
Source: http://seekingalpha.com/article/2257903-get-out-of-stocks

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China Etf Hedging Costs At Record Low On Stimulus Wagers – Bloomberg

The government stimulus is still much more muted than weve seen in the past, which reflects reluctance to re-inflate credit bubbles, Lascelles said in a phone interview from Toronto last week. Policy makers are walking a tightrope, attempting to keep the economy going without encouraging further credit excesses. In my opinion, this will be hard to do. Communist Policy The Communist Party is trying to boost growth without repeating http://www.etftradingsignals.com the mistakes of its $586 billion stimulus begun in 2008, which caused a record buildup of debt and inflated property bubbles. President Xi Jinping said earlier this year that the nation needs to adapt to a new normal in the pace of growth. Fiscal policy measures announced in April should help authorities reach this years growth target, although most of the investments will be debt financed and likely add to imbalances and vulnerabilities, the World Bank said in a June report.
Source: http://www.bloomberg.com/news/2014-06-15/china-etf-hedging-costs-at-record-low-on-stimulus-wagers.html

Semiconductor ETF Up 3 Straight Weeks (SMH, INTC, XSD, OVTI)

Instead, theyre getting a 30-stock fund thats 8% Visa /quotes/zigman/502306/delayed /quotes/nls/v V and underweight sectors like tech and consumer non-cyclicals, while overweighting industrials. Hougan deploys words like dinosaur and nice historical artifact to describe the Dow. Its a bicycle with a giant wheel in the front, he said Tuesday. That type of old-timey bicycle is shown in the adjacent photo.
Source: http://blogs.marketwatch.com/thetell/2014/06/11/why-the-dow-etf-is-losing-assets-and-a-little-bit-dangerous/

Why the Dow ETF is losing assets and ‘a little bit dangerous’ – The Tell – MarketWatch

Much like the real World Cup, two nations from each group will advance on to the next round. Fortunately, all of the groups have at least two nations that have funds with Zacks ETF Ranks making it easy to get out of group play. For the Rank ties, we have chosen the funds with the best trailing three month performance to break the logjam. Group A Winner: Mexico (ETF:EWW) – Zacks ETF Rank #3 (Hold) Runner Up: Brazil (ETF:EWZ) Zacks ETF Rank #5 (Strong Sell) Croatia: No ETF tracking this nation Cameroon: No ETF currently tracking this nation This was an easy group as EWW and EWZ were the only representatives.
Source: http://www.benzinga.com/etfs/14/06/4629424/who-wins-the-2014-world-cup-of-etfs-etf-news-and-commentary

Who Wins The 2014 World Cup Of ETFs? – ETF News And Commentary | Benzinga

According to analysts at JPMorgan Chase & Co. and Pierpont Securities LLC, the updated quarterly data on services showed that health care outlays declined at a 5.8% annualized rate from January through March, compared to the governments estimate of a 9.7% gain, reports Carlos Torres for Bloomberg . That data point should mean theres a downward revision, Daniel Silver, a JPMorgan economist, said in the article, referring to the overall U.S. gross domestic product number.
Source: http://finance.yahoo.com/news/health-services-etf-could-see-120058891.html

Noteworthy ETF Inflows: HYG – NASDAQ.com

The chart below shows the one year price performance of HYG, versus its 200 day moving average: Looking at the chart above, HYG’s low point in its 52 week range is $88.27 per share, with $95.07 as the 52 week high point – that compares with a last trade of $94.90. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”. These ”units” can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
Source: http://www.nasdaq.com/article/noteworthy-etf-inflows-hyg-cm361591

Health Services ETF Could See Profit-Taking – Yahoo Finance

Both Intel and TSM have been market leaders and therefore SMH has been on a tear. The smaller SPDR S&P Semiconductor ETF (NYSE: XSD ) is also breaking out to new highs, though it does not boast a similar winning streak. The portfolio is very different than that of SMH as Intel is not in the top ten holding list. The largest holding is OmniVision Technologies (NASDAQ: OVTI ) at 2.8 percent. Both ETFs are now sitting at extremely overbought levels based on a variety of technical indicators, which should not be a surprise considering the rally that both have enjoyed. The long-term outlook for the industry looks bullish, however buying today may not be the best strategy.
Source: http://money.cnn.com/news/newsfeeds/benzinga/articles/etfs_sector_etfs_14_06_4618962_semiconductor_etf_up_3_straight_weeks_smh_intc_xsd_ovti.html

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President Obama In La For Fundraisers & Spielberg-led Gala

Rosenthal held a DNC fundraiser featuring First Lady Michelle Obama at his home in late January while Kauffman was set to host a fundraiser in September of last year that kept getting postponed and eventually moved to Rosenthals due to world and Washington D.C. events. With tickets going from$1500 for a single to $100,000 for a 1-seat VIP table, http://www.obamastudentloanforgiveness.net the gala comes just days after the White House Correspondents Dinner and the train wreck of a routine by headliner Joel McHale . Set to speak around 8:30 PM or so, Obama will be reunited tonight with last years WHCD star Conan OBrien . The TBS late nighter is set to host the USCShoah event. Schindler List lead Liam Neeson will be there and Brice Springsteen will perform at around 7:30 PM.
Source: http://www.deadline.com/2014/05/president-obama-fundraiser-hollywood-steven-spielberg-democrats/