19 August, 2014 by The TZ Newswire Staff Comments Off on After 18% Rise & 8 Days Up In A Row, Hertz Withdraws 2014 Guidance & Crashes
After 18% Rise & 8 Days Up In A Row, Hertz Withdraws 2014 Guidance & Crashes
Presented with little comment… because if this doesn’t wake people up to the unreality of the stock ‘market’, nothing will. Hertz has ripped higher 8 days in a row, surging over 18% in that period as analysts and talking heads piled on proclaiming how wonderful it is.. and then:
- *HERTZ HAS DECIDED TO WITHDRAW 2014 FINANCIAL GUIDANCE
- *HERTZ EXPECTS TO BE WELL BELOW LOW END OF 2014 GUIDANCE
Must be a one-off idiosyncratic issue right?
19 August, 2014 by The TZ Newswire Staff Comments Off on Summing Up Fed Policy In 2 Words: Vroom… Crash
Summing Up Fed Policy In 2 Words: Vroom… Crash
Submitted by Scotiabank’s Guy Haselmann,
In Loving Memory of Dear Great Aunt Addy
Hear ye, hear ye, Fed policy is hereby bestowed the name “Great Addy Policy” in memory of my great aunt who drove with one foot on the accelerator and one foot on the brake. This is fitting since the FOMC is physically applying the brake by ending its asset purchase program in October, while simultaneously blowing hot air into the accelerator in the form of promises of continued accommodation.
19 August, 2014 by The TZ Newswire Staff Comments Off on Summing Up Fed Policy In 2 Words: Vroom… Crash
Summing Up Fed Policy In 2 Words: Vroom… Crash
Submitted by Scotiabank’s Guy Haselmann,
In Loving Memory of Dear Great Aunt Addy
Hear ye, hear ye, Fed policy is hereby bestowed the name “Great Addy Policy” in memory of my great aunt who drove with one foot on the accelerator and one foot on the brake. This is fitting since the FOMC is physically applying the brake by ending its asset purchase program in October, while simultaneously blowing hot air into the accelerator in the form of promises of continued accommodation.
19 August, 2014 by The TZ Newswire Staff Comments Off on 5 Things Buffalo Wild Wings Management Wants You to Know
5 Things Buffalo Wild Wings Management Wants You to Know
19 August, 2014 by The TZ Newswire Staff Comments Off on Tech crash still a painful memory for many
Tech crash still a painful memory for many
While the technology-friendly Nasdaq Composite has made it back to levels not seen since March 2000, the month the tech-bubble popped, the shares of many tech giants that helped fuel that bubble still have a long way to go.
read more
19 August, 2014 by The TZ Newswire Staff Comments Off on Eric Holder Releases "Message To The People Of Ferguson"
Eric Holder Releases "Message To The People Of Ferguson"
Authored by Eric Holder, via The St.Louis Post-Dispatch,
Since the Aug. 9 shooting death of Michael Brown, the nation and the world have witnessed the unrest that has gripped Ferguson, Mo. At the core of these demonstrations is a demand for answers about the circumstances of this young man’s death and a broader concern about the state of our criminal justice system.
19 August, 2014 by The TZ Newswire Staff Comments Off on Apple Inc. Stock Hits $100: Here’s What’s Different This Time Around And Why You Can Still Buy
Apple Inc. Stock Hits $100: Here’s What’s Different This Time Around And Why You Can Still Buy
Apple approaches its all-time high as the iPhone 6 is expected to be unveiled in a matter of weeks. This all sounds eerily familiar, but things are different this time.