7 August, 2014 by The TZ Newswire Staff Comments Off on The economy does better when a Democrat is president, here’s why
The economy does better when a Democrat is president, here’s why
We speak to Alan Blinder about his new research finding the economy has grown faster, and performed better on a number of other metrics, when the president is a Democrat rather than a Republican.
7 August, 2014 by The TZ Newswire Staff Comments Off on How to slash the U.S.’s $1 trillion welfare bill
How to slash the U.S.’s $1 trillion welfare bill
With roughly 47 million Americans living in poverty and roughly $1 trillion dollars in government spending on welfare programs to help them, we ask the former head of New York City’s Human Resources Administration what he learned helping the city’s neediest during the Great Recession.
7 August, 2014 by The TZ Newswire Staff Comments Off on Forget claims drop, the jobs market still stinks
Forget claims drop, the jobs market still stinks
Thursday marked another day and another data point that at least on its face showed the Fed has incentive to start raising rates.
7 August, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Hawaii braces at two hurricanes approach
The Wall Street Journal: Hawaii braces at two hurricanes approach
State gears up for fierce weather with election slated for Saturday.
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7 August, 2014 by The TZ Newswire Staff Comments Off on Thursday links: a good dose of volatility
Thursday links: a good dose of volatility
Quote of the day
Rick Ferri, “Volatility is not only common, it’s necessary. A good dose of higher VIX creates the pause that refreshes. It shakes out the weak investors and sets up a return premium for those of us who can withstand the annoyance.” (Rick Ferri)
Chart of the day
7 August, 2014 by The TZ Newswire Staff Comments Off on Netflix, Stratasys Jump, But Indexes Give Up Gains
Netflix, Stratasys Jump, But Indexes Give Up Gains
Major averages trimmed losses in early afternoon trading Thursday, after falling well into the red after a positive open. The S&P 500 and Dow industrials were each off 0.3%. The Nasdaq eased 0.1%. Volume was running lower across the board in the stock market today. In economic news, weekly jobless claims fell unexpectedly last week to 289,000. Economists expected a small rise to 305,000.
7 August, 2014 by The TZ Newswire Staff Comments Off on Don’t Fight The Fed – Stocks Tumble Post-Yellen "Stretched Valuations" Warning
Don’t Fight The Fed – Stocks Tumble Post-Yellen "Stretched Valuations" Warning
“Don’t fight the Fed,” unless she tells you to sell your favorite idiot-maker momo stock. For a few days, investors were anxious after Yellen’s July 15th warning, then a barrage of disgruntled asset-gatherers explained how ‘she knows nothing about stock valuations’ (but we must trust her every word on the economy).