16 July, 2014 by The TZ Newswire Staff Comments Off on Carl Icahn "Very Nervous" About Stocks Due To Fed’s "Excessive Money Printing"
Carl Icahn "Very Nervous" About Stocks Due To Fed’s "Excessive Money Printing"
Ironically, Carl Icahn – poster-child of the leveraged financial engineering that has overtaken US equity markets on the back of Central Bank largesse – told CNBC that he was “very nervous” about US equity markets.
16 July, 2014 by The TZ Newswire Staff Comments Off on System Test – Please Ignore
System Test – Please Ignore
16 July, 2014 by The TZ Newswire Staff Comments Off on Stocks to Watch: SanDisk, Yum Brands, Morgan Stanley among stocks to watch
Stocks to Watch: SanDisk, Yum Brands, Morgan Stanley among stocks to watch
Memory maker hit in late trade after latest results; Google to report Thursday.
read more
16 July, 2014 by The TZ Newswire Staff Comments Off on Top-Performing FPA Capital Fund’s 30th Anniversary
Top-Performing FPA Capital Fund’s 30th Anniversary
FPA Funds is celebrating its 30th anniversary as the investment adviser to the $1.4 billion FPA Capital Fund and $5.4 billion FPA New Income Fund mutual funds. FPA Capital is the top performer among the 227 U.S. diversified equity mutual funds tracked by Morningstar that existed on July 11, 1984 (when FPA Funds took over what was then Transamerica Capital), and are still going now.
16 July, 2014 by The TZ Newswire Staff Comments Off on S&P 500, Dow Transports Up But Nasdaq Shows Poor Breadth
S&P 500, Dow Transports Up But Nasdaq Shows Poor Breadth
The key stock averages notched modest gains Wednesday, and the popular Dow Jones industrials marked an all-time high. But a closer look shows the session was much more mixed. The S&P 500 rallied 0.4%, stamping out Tuesday’s small decline. NYSE volume edged up. The large-cap benchmark is just a few points away from painting another all-time record. The Dow transports rose 0.6%, reflecting high demand for airline, shipping and trucking stocks.
16 July, 2014 by The TZ Newswire Staff Comments Off on Q1 Productivity Collapsed Most In Over 60 Years; Goldman Fears Consequences
Q1 Productivity Collapsed Most In Over 60 Years; Goldman Fears Consequences
The official measure of Q1 productivity growth currently looks likely to be revised down to almost -6% (annualized) – the worst in almost 70 years. As Goldman points out, even on a longer-term basis, the 4-, 8-, and 12-quarter trends are all in a 0.2%-0.6% range when the Q1 estimates are included, dramatically below consensus 2% estimates of the long-term trend.
16 July, 2014 by The TZ Newswire Staff Comments Off on Natgas Futures Rise On Prospect Of Hot Weather
Natgas Futures Rise On Prospect Of Hot Weather
Natural gas futures rose from a six-month low in New York as forecasts for a surge of heat signaled increased demand for the fuel to power air conditioners. “Short-lived, but potentially potent” hot weather will sweep most of the lower 48 states July 21 through July 25, MDA Weather Services said Wednesday.