28 July, 2014 by The TZ Newswire Staff Comments Off on Is This How China Will Deal With Its Massive Mal-Investment?
Is This How China Will Deal With Its Massive Mal-Investment?
There is no doubt that China’s massive credit-fueled expansion has created the largest mal-investment boom the world has ever known (no matter how much anticipated urbanization or consumerization one really believes in)… so we wondered, how will they deal with this problem? Perhaps the following creative destruction is necessary…
28 July, 2014 by The TZ Newswire Staff Comments Off on Dollar sits tight ahead of Fed meeting, US data
Dollar sits tight ahead of Fed meeting, US data
The dollar neared a six-month peak, having gone nowhere as investors kept to the sidelines ahead of a policy review by the Fed.
28 July, 2014 by The TZ Newswire Staff Comments Off on US May Send Military Aid To Ukraine; Accuses Russia Of Violating Nuclear Arms Treaty With ICBM Launch
US May Send Military Aid To Ukraine; Accuses Russia Of Violating Nuclear Arms Treaty With ICBM Launch
If the specter of the second cold war descending into outright smoldering status doesn’t send the S&P promptly to all time highs, nothing will. Moments ago the White House accused Russia of violating the 1987 missile treaty, in response to a still unspecified ICBM launch, calling the “breach” a “very serious matter.”
28 July, 2014 by The TZ Newswire Staff Comments Off on Ukraine Army Takes Bloomberg Reporter Hostage: Fascinating Report Ensues
Ukraine Army Takes Bloomberg Reporter Hostage: Fascinating Report Ensues
Thanks to a 5-word text message to his father, a Bloomberg reporter was taken hostage by Ukrainian soldiers at a checkpoint near Donetsk. What ensued is both frightening and fascinating…
28 July, 2014 by The TZ Newswire Staff Comments Off on Is This The Chart That Has High-Yield Investors Running For The Hills?
Is This The Chart That Has High-Yield Investors Running For The Hills?
We discussed the major rotation, overvaluation, and underperformance of high-yield credit markets recently as relevering stock-buying-back firms find their source of funding starting to dry up. The question is – why now?
28 July, 2014 by The TZ Newswire Staff Comments Off on Japanese Unemployment Jumps To Worst In 2014 As Household Spending & Retail Sales Drop For 3rd Month
Japanese Unemployment Jumps To Worst In 2014 As Household Spending & Retail Sales Drop For 3rd Month
Against an forecast drop to 3.5% joblessness, Japan’s unemployment rate missed expectations by the most in 10 months and surged to 3.7% (its highest since Dec 2013). That likely explains why household spending and retail sales both dropped for the 3rd month in a row… (and why Abe’s approval rating just broke back under 50%).
Unemployment jumps to 2014 highs…
28 July, 2014 by The TZ Newswire Staff Comments Off on GBP/USD leaving us little clues above 1.6950 – FXStreet
GBP/USD leaving us little clues above 1.6950 – FXStreet
FXStreet (Guatemala) – Valeria Bednarik, chief analyst at FXStreet explained that the GBP/USD…
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