30 May, 2014 by The TZ Newswire Staff Comments Off on Caterpillar Pulls Down the Dow For the Wrong Reason
Caterpillar Pulls Down the Dow For the Wrong Reason
Dow component Caterpillar suffered an executive departure Friday, pulling the whole average down. But the bigger problem for Caterpillar is more fundamental.
30 May, 2014 by The TZ Newswire Staff Comments Off on Reasoning from multiple price changes
Reasoning from multiple price changes
There’s been a lot of recent discussion about the disconnect between the stock and bond markets. Stocks are hitting records (suggesting strong growth ahead) while bond yields are falling (suggesting slow growth ahead.) I don’t have any definitive answers, but a few words of caution:
30 May, 2014 by The TZ Newswire Staff Comments Off on Why emerging markets are back in vogue
Why emerging markets are back in vogue
Peter Kenny of Clearpool Group dusts off his atlas and gives us his top plays in the emerging markets space.
30 May, 2014 by The TZ Newswire Staff Comments Off on US has opened at least 15 probes into bank-processing activities
US has opened at least 15 probes into bank-processing activities
U.S. officials have opened at least 15 civil and criminal investigations into whether banks and payment-processing firms helped enable fraudulent activity, according to Justice Department documents made public Thursday. The documents, made public Thursday by a U.S. congressional committee, detail last year’s launch of a sweeping probe targeting banks and payment processors—companies that act as middlemen between banks and merchants in financial transactions.
30 May, 2014 by The TZ Newswire Staff Comments Off on The Epic Failure of Keynesianism in Japan
The Epic Failure of Keynesianism in Japan
Let’s start with Japan.
The Keynesian economists managing or advising the world’s Central Banks have always averred that they could pull us out of the weakest recovery in the post-WWII era if they were allowed to have their way.
Their “way” involves rampant debt monetization, also called Quantitative Easing or QE. Indeed, the primary argument from the Keynesians as to why QE has thus far failed to generate a rip-roaring recovery is that none of the QE programs in place were large enough.
30 May, 2014 by The TZ Newswire Staff Comments Off on For Lions Gate, ‘The Expendables’ Are Shaping Up to Be Indispensable
For Lions Gate, ‘The Expendables’ Are Shaping Up to Be Indispensable
“The Expendables 3” will find its way to theaters during a busy summer at the movies. Here’s why making a threequel was a no-brainer.
30 May, 2014 by The TZ Newswire Staff Comments Off on Michael Kors Keeps Booming: Time to Buy?
Michael Kors Keeps Booming: Time to Buy?
While Coach is trying to make a comeback and Kate Spade is delivering impressive performance, Michael Kors keeps proving that it’s still the undisputed growth leader in the high-end fashion and accessories business.