4 May, 2014 by The TZ Newswire Staff Comments Off on Coca-Cola drops chemical after teen’s petition
Coca-Cola drops chemical after teen’s petition
Coca-Cola is dropping a controversial ingredient from its Powerade sports drink, after a similar move by PepsiCo’s Gatorade last year.
4 May, 2014 by The TZ Newswire Staff Comments Off on 9 seriously injured in Ringling Bros. circus fall
9 seriously injured in Ringling Bros. circus fall
A platform collapsed during an aerial hair-hanging stunt at a circus performance Sunday in Rhode Island, seriously injured nine people.
4 May, 2014 by The TZ Newswire Staff Comments Off on Warning: Ukraine Is At A Flashpoint
Warning: Ukraine Is At A Flashpoint
Submitted by Chris Martenson via Peak Prosperity,
Regrettably, I am very close to issuing an official Alert over the situation in Ukraine as it has continued to both escalate and deteriorate.
More than 50 people died in violence on Friday, May 2, in Odessa and other eastern cities in Ukraine. Relations between Russia and the US are finding new lows while China and Russia grow closer.
4 May, 2014 by The TZ Newswire Staff Comments Off on We Spent $3.2 Trillion… and Haven’t Put a DENT in REAL Unemployment
We Spent $3.2 Trillion… and Haven’t Put a DENT in REAL Unemployment
The financial media are gaga over the alleged great jobs numbers from last week.
We’ve been over this saga many times. The methodology for calculating jobs gains is not even close to accurate. The unemployment rate is now a marketing gimmick rather than an accurate economic metric.
Indeed, here are some staggering statistics that indicate just how messed up the US economy is right now.
· The labor participation rate is the lowest since 1978.
· There are over 90 million Americans without a job right now.
4 May, 2014 by The TZ Newswire Staff Comments Off on Mark Sadowski on bank bailouts and repayment
Mark Sadowski on bank bailouts and repayment
Mark Sadowski left the following comment:
6) Financial Sector Bailout Costs to Government.
The best source for data on this is the IMF Fiscal Monitor. See Table 1.6 on Page 9:
http://www.imf.org/external/pubs/ft/fm/2014/01/pdf/fm1401.pdf
Another source of data is Eurostat:
4 May, 2014 by The TZ Newswire Staff Comments Off on "Watch The Russell" & Don’t Fade The Bond Rally, BofA Warns
"Watch The Russell" & Don’t Fade The Bond Rally, BofA Warns
Via BofAML’s Macneil Curry,
10yr USTs threaten the US $
US 10yr Treasury yields take center stage next week. After 3 months of range trading, they have resumed their year-to-date downtrend. The Friday Bearish Outside Bar (a bearish chart pattern indicating further downside) and closing break of the 2.591% range lows says lower 10yr yields are coming. We target the 2.420%/2.399% multi-year pivot zone and potentially below. DON’T FADE THIS BREAKDOWN. Watch US equities.
4 May, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Fed’s Fisher: Too soon for talk of rate hikes
The Wall Street Journal: Fed’s Fisher: Too soon for talk of rate hikes
It’s too soon for the Federal Reserve to begin thinking about raising interest rates despite a strengthening U.S.