30 May, 2014 by The TZ Newswire Staff Comments Off on The Trouble With Market Clichés
The Trouble With Market Clichés
Their insights work nicely over the long term, but could be worthless over the short haul.
30 May, 2014 by The TZ Newswire Staff Comments Off on Icahn, Mickelson probed for insider trading: Source
Icahn, Mickelson probed for insider trading: Source
Billionaire investor Carl Icahn, golfer Phil Mickelson and gambler William Walters are under investigation for possible insider trading, a source told Reuters.
30 May, 2014 by The TZ Newswire Staff Comments Off on Fed officials say rates should not be used to fight bubbles
Fed officials say rates should not be used to fight bubbles
A trio of Federal Reserve officials who disagree deeply with one another over the appropriate stance of monetary policy on Friday expressed a shared distrust for using interest rates to head off asset bubbles and other forms of financial instability. Both Richmond Fed President Jeffrey Lacker, a policy hawk, and San Francisco Fed President John Williams, a centrist, told reporters after a policy conference here that they would not want to risk unmooring the public’s expectation that inflation will rise back to the Fed’s 2 percent goal in the next few years.
30 May, 2014 by The TZ Newswire Staff Comments Off on Why the Dow Closed at a Record High and MSG Shares Jumped
Why the Dow Closed at a Record High and MSG Shares Jumped
30 May, 2014 by The TZ Newswire Staff Comments Off on U.S. investigating Icahn, Mickelson in insider trading probe: source
U.S. investigating Icahn, Mickelson in insider trading probe: source
The U.S. Federal Bureau of Investigation and the Securities and Exchange Commission are investigating possible insider trading involving billionaire investor Carl Icahn, golfer Phil Mickelson and Las Vegas gambler William Walters, a source familiar with the matter said. Federal investigators are looking into whether Mickelson and Walters may have traded illegally on private information provided by Icahn about his investments in public corporations, the source told Reuters, confirming reports on Friday.
30 May, 2014 by The TZ Newswire Staff Comments Off on The Dow Hits a New Record, but Will the Fed Take the Punch Bowl Away?
The Dow Hits a New Record, but Will the Fed Take the Punch Bowl Away?
The Dow Jones Industrials climbed to a new all-time high, but comments from Fed policymakers could point to an eventual end of the bull market.
30 May, 2014 by The TZ Newswire Staff Comments Off on Has The Next Recession Already Begun For America’s Middle Class?
Has The Next Recession Already Begun For America’s Middle Class?
Submitted by Michael Snyder of The Economic Collapse blog,