14 August, 2014 by The TZ Newswire Staff Comments Off on Democrats don’t want to solve tax-inversion issue
Democrats don’t want to solve tax-inversion issue
It’s in the Democrats’ best interest to keep the tax-inversion fight going, says ex-Treasury official Stephen Myrow.
14 August, 2014 by The TZ Newswire Staff Comments Off on Beware the pitfalls of strong stocks: El-Erian
Beware the pitfalls of strong stocks: El-Erian
Stocks are reflecting sentiment on easy monetary policies, says Mohamed El-Erian, Allianz’s chief economic advisor.
14 August, 2014 by The TZ Newswire Staff Comments Off on Rough road ahead for ‘pension smoothing’
Rough road ahead for ‘pension smoothing’
To fund a highway repair fund, Congress is allowing companies to do “pension smoothing.” Here’s what that is.
14 August, 2014 by The TZ Newswire Staff Comments Off on Biotech Leads the Way
Biotech Leads the Way
The volatile biotech sector could be on its way to making a test of the highs.
14 August, 2014 by The TZ Newswire Staff Comments Off on Conditioned To Catch The Falling Knife
Conditioned To Catch The Falling Knife
The numbers out last night were once again largely on the weak side of disappointing, with very little reaction and even less of an intuitive reaction. As Bloomberg’s Richard Breslow writes, this is the downside of everyone having the same positions. Simply put, we’ve been trained to catch the falling knife by the CBs, one of those trading strategies that will work until it doesn’t and when the knife slips you will really have a taper tantrum.
Via Bloomberg’s Trader’s Notes…
14 August, 2014 by The TZ Newswire Staff Comments Off on SEC looking into Ackman offer for Allergan: DJ
SEC looking into Ackman offer for Allergan: DJ
Securities regulators are looking into the joint bid by Valeant Pharmaceuticals and activist investor Bill Ackman for Allergan, Dow Jones reported.
14 August, 2014 by The TZ Newswire Staff Comments Off on Stocks Hold Near Day’s Highs; Autohome, Air Methods Gain
Stocks Hold Near Day’s Highs; Autohome, Air Methods Gain
Stocks continued to hold most gains Thursday afternoon. The S&P 500 rose 0.3%, putting it nearly back to its 50-day line. Meanwhile, the Dow Jones industrial average and the Nasdaq were up 0.2% each. Volume was tracking lower in the stock market today . Trade was running about 15% lower compared to the same time Wednesday on the NYSE. Nasdaq trade was tracking about 1% lower.