21 August, 2014 by The TZ Newswire Staff Comments Off on Previewing Yellen’s Jackon Hole "Gobbledygook": Not One Analyst Thinks Yellen Will Say Anything Remotely Hawkish
Previewing Yellen’s Jackon Hole "Gobbledygook": Not One Analyst Thinks Yellen Will Say Anything Remotely Hawkish
Ahead of Yellen’s Jackson Hole speech tomorrow, the sell-side, hypnotized by 6 years of Fed bubble-inflating generosity, refuses to even consider the possibility that the Fed could possibly pull the punch bowl away, and the absolutely unanimous consensus is that despite yesterday’s minutes (or perhaps due to, because as the Chinese Department of Truth has taught us, one must first and foremost baffle with BS), Yellen will go uber-dove.
21 August, 2014 by The TZ Newswire Staff Comments Off on Looking To Become The Next Silicon Valley Billionaire? Schlep Someone Else’s Sh*t Around The Desert For A Week
Looking To Become The Next Silicon Valley Billionaire? Schlep Someone Else’s Sh*t Around The Desert For A Week
21 August, 2014 by The TZ Newswire Staff Comments Off on Artist’s Impression Of President Obama’s Urgent Matters In Washington
Artist’s Impression Of President Obama’s Urgent Matters In Washington
21 August, 2014 by The TZ Newswire Staff Comments Off on Why Yellen’s Jackson Hole speech could give the stock market a boost
Why Yellen’s Jackson Hole speech could give the stock market a boost
Pedro de Costa, a reporter at The Wall Street Journal, explains that the market is trying to get ready for interest rate hikes and has been on alert for any signals that might be hawkish from the Fed.
21 August, 2014 by The TZ Newswire Staff Comments Off on Apple Maps, iTunes Radio flourish despite critics
Apple Maps, iTunes Radio flourish despite critics
Apple’s own maps and music apps are flourishing despite reviewers disdain.
21 August, 2014 by The TZ Newswire Staff Comments Off on Class action against Facebook attracts 60,000 users
Class action against Facebook attracts 60,000 users
VIENNA (Reuters) – An Austrian law student said his class action challenging Facebook (FB.O) for alleged privacy violations had gathered support from 60,000 users and passed its first legal review. Max …
21 August, 2014 by The TZ Newswire Staff Comments Off on NYSE Indexes Gain While Nasdaq Struggles
NYSE Indexes Gain While Nasdaq Struggles
Stocks were mostly higher Thursday afternoon, with NYSE indexes continuing to lead. The Dow Jones industrial average and the S&P 500 rose 0.4% and 0.3%, respectively. Meanwhile, the Nasdaq continued to waver at the flat line. Turnover was running mixed in the stock market today. NYSE trade was running about 8% higher, while Nasdaq volume was tracking 5% lower. Leaders up or down in heavy volume were few.