2 May, 2014 by The TZ Newswire Staff Comments Off on Bonds & Gold Rip, But Stocks Dip Despite Furious Late-Day VIX-Slip
Bonds & Gold Rip, But Stocks Dip Despite Furious Late-Day VIX-Slip
Stocks just could not figure it out – good jobs data, bad jobs data, WWWIII? But Treasuries and gold did. 30Y yields tumbled to fresh 11 month lows (lot of desk chatter of GPIF buy orders ahead of their holiday), 10Y to 2014 lows, but the short-end sold off as 5s30s flattened to 5 year lows (under 170bps). Despite some smackdowns this week, precious metals bounced back notably today with gold’s best day in a month, back over $1300 and unch on the week.
2 May, 2014 by The TZ Newswire Staff Comments Off on Starbucks Continues to Blow Away the Competition
Starbucks Continues to Blow Away the Competition
Starbucks’ latest results show that the company is eating McDonald’s and Dunkin’ Donuts breakfast, lunch, and soon their happy hour.
2 May, 2014 by The TZ Newswire Staff Comments Off on Congressmen Stumble On Sure-Fire Insider-Trading Cure
Congressmen Stumble On Sure-Fire Insider-Trading Cure
If the SEC is going to be all holier-than-thou re: matters insider-trading, two Congressmen want to know why it doesn’t bar its employees from trading any stocks at all. You know, to be sure. Two senior House Republicans called on the Securities and Exchange Commission to bar its employees from owning shares in individual companies…
2 May, 2014 by The TZ Newswire Staff Comments Off on The Magic Of 100%+ "Hedonic" Deflation In One Chart
The Magic Of 100%+ "Hedonic" Deflation In One Chart
In a NYT article which perhaps was meant to boost poor Americans’ spirits that despite their horrible economic plight (because, you see, the past five years of Fed monetary easing – which explicitly allowed US politicians to avoid engaging in much needed and very unpopular fiscal reform – only focused on helping just the wealthiest – sorry very much, better luck next time) things really are quite great because, through the magic of hedonics, most things are
2 May, 2014 by The TZ Newswire Staff Comments Off on The Magic Of 100%+ "Hedonic" Deflation In One Chart
The Magic Of 100%+ "Hedonic" Deflation In One Chart
In a NYT article which perhaps was meant to boost poor Americans’ spirits that despite their horrible economic plight (because, you see, the past five years of Fed monetary easing – which explicitly allowed US politicians to avoid engaging in much needed and very unpopular fiscal reform – only focused on helping just the wealthiest – sorry very much, better luck next time) things really are quite great because, through the magic of hedonics, most things are
2 May, 2014 by The TZ Newswire Staff Comments Off on Did Gold Rally Too Soon and Too Much to Extend Any Higher?
Did Gold Rally Too Soon and Too Much to Extend Any Higher?
Plus: Long bonds’ FOMC rally may be premature.
