9 August, 2014 by The TZ Newswire Staff Comments Off on This Is The Longest Streak Of High-Yield Outflows On Record (And Why It May Get Worse)
This Is The Longest Streak Of High-Yield Outflows On Record (And Why It May Get Worse)
When we first brought the market’s attention to high-yield credit’s flashing red warning, it was shrugged off as unimportant by most – stocks are rallying so who cares (even though we explained in detail why equity investors should care). Now that the mainstream media has all become high-yield bond experts we thought it worth considering how much worse this could get.
9 August, 2014 by The TZ Newswire Staff Comments Off on Japan Prepares To Release Thousands Of Tons Of Fukushima Groundwater Into The Pacific
Japan Prepares To Release Thousands Of Tons Of Fukushima Groundwater Into The Pacific
A few days ago, with over a three year delay, Japan finally admitted what was clear to most from day one: the consequences of the Fukushima disaster have been far, far worse than officials had reported, and not only is the containment effort out of control, but that more nuclear fuel had melted at the Fukushima nuclear reactor than previously reported, suggesting that neither TEPCO nor the government have had any success in mitigati
9 August, 2014 by The TZ Newswire Staff Comments Off on What Are Closing Costs? Here’s What Home Buyers Should Know
What Are Closing Costs? Here’s What Home Buyers Should Know
Find out what closing costs are and how to use that information to make more informed decisions in your home buying process.
9 August, 2014 by The TZ Newswire Staff Comments Off on Continue To Avoid Linn Energy
Continue To Avoid Linn Energy
By Seeking Profits:
Shares of Linn Energy (NASDAQ:LINE) rallied over 2.3% on Thursday after investors digested the company’s second results. Linn has been a controversial company as analysts like Hedgeye’s Kevin Kaiser have suggested the distribution is too high and that a cut is inevitable. Overall, this quarter was a decent one, and Linn is in no danger of a distribution cut in the immediate future.
9 August, 2014 by The TZ Newswire Staff Comments Off on Micro-Structure & Exchanges: A Complicated Relationship
Micro-Structure & Exchanges: A Complicated Relationship
This past Tuesday, news hit that BATS Global Markets was in the process of settling with the Securitues and Exchange Comission on the claim that Direct Edge provided unfair perks to certain high frequency traders (HFT), a development that might set a pivotal precedent in the market structure debate.
9 August, 2014 by The TZ Newswire Staff Comments Off on BofA Warns "Wealth Effect" Spending Muted, Consumers Cautious
BofA Warns "Wealth Effect" Spending Muted, Consumers Cautious
Consumer spending was soft in July. BofA data shows retail sales ex autos, measured from spending on credit and debit cards, increased only 0.3% mom seasonally adjusted. This , BofA warns, sends a somewhat weak signal in advance of next week’s retail sales report. Crucially, while supply of credit is abundant, BofA’s Michelle Meyer concludes demand is weak and this cautious consumer behavior suggests the positive effect on spending from wealth creation may be muted in this cycle.
As BofA writes,
9 August, 2014 by The TZ Newswire Staff Comments Off on What Every Well-Dressed Indian Businessman Is Wearing This Summer – A $210,000 Gold Shirt
What Every Well-Dressed Indian Businessman Is Wearing This Summer – A $210,000 Gold Shirt
18 months ago – before The Reserve Bank Of India went full gold-tard (raising duties and capital controls), 32-year-old Datta Phuge unleashed his $25,000 gold shirt on the world’s women, proclaiming “I know I am not the best looking man in the world but surely no woman could fail to be dazzled by this shirt?” However, as RBI has lifted some gold restrictions read more