16 September, 2014 by The TZ Newswire Staff Comments Off on What’s The "Best" Way To Make A 10% Return?
What’s The "Best" Way To Make A 10% Return?
Aside from the “sure thing” of buying the Alibaba IPO, achieving a 10% yield return in the new normal world requires leverage and excess risk-taking. To compare the risk/reward of various assets, Citi accounts for haircuts and leverage costs of the typical investor and finds an investors needs a 1.9x leverage in the S&P 500, 8.1x leverage in Treasuries, and 2.3x leverage in high-yield to achieve (based on historical norms) the required return.
16 September, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: iPhone 6 review: Apple’s cure for Android envy
The Wall Street Journal: iPhone 6 review: Apple’s cure for Android envy
Apple’s bigger iPhone, and super-mega-jumbo iPhone offer dual cures for Android envy, writes The Wall Street Journal’s Geoffrey Fowler.
read more
16 September, 2014 by The TZ Newswire Staff Comments Off on Subprime Is Back With A Vengeance
Subprime Is Back With A Vengeance
Submitted by Raul Ilargi Meijer via The Automatic Earth blog,
Christopher Helin Franklin car on slope, San Francisco. 1920
16 September, 2014 by The TZ Newswire Staff Comments Off on Are These The People Whose "Confidence" The Conference Board Polls?
Are These The People Whose "Confidence" The Conference Board Polls?
The diverging fortunes of the myriad ‘consumer confidence’ surveys that are plastered across various trading terminals every months is nowhere more evident than in the exuberance exhibited by University of Michigan or Conference Board respondents relative to Gallup or Bloomberg survey respondents. As the following chart shows, the ‘representative’ group being surveyed appears to be quite different…
16 September, 2014 by The TZ Newswire Staff Comments Off on T-Mobile US, Inc. and Uncarrier 7.0: Are AT&T and Verizon Running Scared?
T-Mobile US, Inc. and Uncarrier 7.0: Are AT&T and Verizon Running Scared?
T-Mobile’s latest Uncarrier move brings Wi-Fi calling to most of its subscribers. AT&T or Verizon don’t offer anything like it yet.
16 September, 2014 by The TZ Newswire Staff Comments Off on Tuesday Market Wrap
Tuesday Market Wrap
For the day the SPX/DOW were +0.65%, and the NDX/NAZ were +0.85%. Bonds gained 2 ticks, Crude rallied $1.90, Gold added $2, and the USD was lower. Tomorrow: the CPI at 8:30, the ECB starts their two day meeting, the NAHB index at 10am, then the FOMC statement at 2pm. Friday is option expiration too. The next few days should be a hoot.
I added JAZZ and ALNY as new longs on the P&L today.
Word Games
16 September, 2014 by The TZ Newswire Staff Comments Off on Dollar on edge as Fed language eyed, Aussie surges
Dollar on edge as Fed language eyed, Aussie surges
The U.S. dollar nursed modest losses as jitters mounted hours before the Federal Reserve offers its latest guidance on interest rates.