6 May, 2014 by The TZ Newswire Staff Comments Off on When "Turbo Tuesday"… Fails
When "Turbo Tuesday"… Fails
The streak is over! US equities suffered their biggest Tuesday loss in over 6 months today. Despite the same valiant attempt to ramp stocks after a weak open (using JPY and VIX) as yesterday, Turbo Tuesday turned out to be tepid tumbling Tuesday as high-beta hopes were dashed amid little to no macro or event risk news. Yesterday’s dead cat bounce in yields appears to have been just that and stocks tracked them lower all day (and disconnected from USDJPY mid-afternoon as it was unable to break 101.50).
6 May, 2014 by The TZ Newswire Staff Comments Off on German art collector in Nazi loot uproar dies
German art collector in Nazi loot uproar dies
Fate of roughly 1,400 artworks uncertain following death of Cornelius Gurlitt
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6 May, 2014 by The TZ Newswire Staff Comments Off on The Rotation Into Defensive Stocks Continues
The Rotation Into Defensive Stocks Continues
Consumer staples and food and beverage stocks have been solid outperformers.
6 May, 2014 by The TZ Newswire Staff Comments Off on David Einhorn "I Asked Bernanke Questions, And The Answers Were Frightening"
David Einhorn "I Asked Bernanke Questions, And The Answers Were Frightening"
Ben Bernanke may be gone from the helm of the world’s most centrally planned economy, but his ample cluelessness remains.
6 May, 2014 by The TZ Newswire Staff Comments Off on TECH TUESDAY: Charles River Expands Presence In Thailand
TECH TUESDAY: Charles River Expands Presence In Thailand
U.S. equity technology and trading software supplier Charles River is expanding its footprint in Southeast Asia.
6 May, 2014 by The TZ Newswire Staff Comments Off on Pimco: Europe Is a ‘Not Too Hot, Not Too Cold’ Sweet Spot for Credit Investors
Pimco: Europe Is a ‘Not Too Hot, Not Too Cold’ Sweet Spot for Credit Investors
European economies are improving, yet the region’s low growth and low inflation will keep the central bank engaged.
6 May, 2014 by The TZ Newswire Staff Comments Off on Currency Market: US Dollar Index on the Verge of a Major Technical Breakdown — Look Out Below!
Currency Market: US Dollar Index on the Verge of a Major Technical Breakdown — Look Out Below!
The Japanese yen and Swiss franc continue to benefit from US dollar weakness and safe-haven bids.