8 May, 2014 by The TZ Newswire Staff Comments Off on Russell 2000 Enters 10% "Correction" Near 6-Month Lows
Russell 2000 Enters 10% "Correction" Near 6-Month Lows
US equity markets were off to the races when stocks opened and Yellen began to speak but the late-day ugliness was written on the wall by a total lack of support from either volume or any other risk-market. The S&P ramped up to last Friday’s spike highs, Zero Hedge reminded traders that Biotech P/Es were double what they expected, and the 30Y auction tailed ugly was enough – with a dearth of news (aside from downplayed escalations in Ukraine) stocks dumped and played catch down with JPY (weakness) and Bond (strength).
8 May, 2014 by The TZ Newswire Staff Comments Off on The Next Shoe Drops Just 2 Days After The Last One
The Next Shoe Drops Just 2 Days After The Last One
Submitted by Simon Black of Sovereign Man blog,
Imagine for a moment that you have a neighbor who is in debt up to his eyeballs.
This guy is flat broke. He’s racked up six figures worth of consumer debt wasted on worthless knick-knacks. About the only thing he has of any value is his big, beautiful house.
It’s a gorgeous home. Ornate, elegant. It’s by far the nicest in the neighborhood.
8 May, 2014 by The TZ Newswire Staff Comments Off on Tim Geithner Man Enough To “Round Down”
Tim Geithner Man Enough To “Round Down”
On a Saturday in late April, I called Geithner for the last time to talk about the Volcker Rule and a few personal facts. (“I’m almost 5-9, just below 5-9. 5-8-and-¾, something like that. You can round down, you can say 5-8. I’m relatively secure in my height.”) [NYT Magazine]
8 May, 2014 by The TZ Newswire Staff Comments Off on SPeCiaL RePoRT: UNDeRSTaNDiNG THe PoLiTiCS oF THaiLaND…
SPeCiaL RePoRT: UNDeRSTaNDiNG THe PoLiTiCS oF THaiLaND…
8 May, 2014 by The TZ Newswire Staff Comments Off on Western Union adapting strategy
Western Union adapting strategy
Hikmet Ersek, Western Union global CEO, discusses the convenience of their platform and competition in the global money transfer marketplace. Western Union averages 29 transactions per second.
8 May, 2014 by The TZ Newswire Staff Comments Off on BofA Warns, Big Trouble In Small Caps If This Line Is Crossed
BofA Warns, Big Trouble In Small Caps If This Line Is Crossed
US equity price action warns of trouble, BofAML’s Macneil Curry warns. Since the start of this year, Tuesdays have consistently resulted in positive returns for US equities; but this week’s failure to follow through with that pattern, coupled with the Russell 2000’s first close below the 200-day moving-average since November 2012, warns of trouble ahead.
8 May, 2014 by The TZ Newswire Staff Comments Off on Indian Investors Express Their Optimism
Indian Investors Express Their Optimism
Some 800 million voters in India are heading to the polls this month in an election process that will take several weeks to complete. India’s stock market has recently reflected the optimism investors feel in India. After a stretch of policy logjams and years of unmet potential in India, we’re also optimistic. While we aren’t in the business of predicting elections, this one could prove historic for India.