20 September, 2014 by The TZ Newswire Staff Comments Off on Manufacturing in Ohio seeing slow, steady growth
Manufacturing in Ohio seeing slow, steady growth
While manufacturing alone no longer dominates the state’s economy, its fortunes still rise and fall with the health of the state’s industries.
20 September, 2014 by The TZ Newswire Staff Comments Off on Technical Outlook for the Dollar
Technical Outlook for the Dollar
Technically, the dollar is finishing the quarter on strong footing. It has risen against all the major currencies. The New Zealand dollar has eclipsed the yen as the weakest of the major currencies. It is off 7% since end of June. The Canadian dollar is strongest of the majors, losing only 2.7%, and that is after this week’s leading 1.2% advance.
20 September, 2014 by The TZ Newswire Staff Comments Off on GDP Watch: Summer 2014 Was World’s Warmest Ever
GDP Watch: Summer 2014 Was World’s Warmest Ever
Since weather has become the most crucial factor in forecasting economic growth, we thought it crucial to the future of central bank policy to note that Summer 2014 was officially the hottest one ever, according to NOAA. This of course means there is “pent-up” cold weather, which may explain the collapse in global growth expectations.
20 September, 2014 by The TZ Newswire Staff Comments Off on NewsWatch: 10 things retirees won’t tell you
NewsWatch: 10 things retirees won’t tell you
There are more retirees in America than ever before—and their problems are becoming everybody’s problems.
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20 September, 2014 by The TZ Newswire Staff Comments Off on How to Go Broke in Real Estate, Pick Yourself Up, and Try Again
How to Go Broke in Real Estate, Pick Yourself Up, and Try Again
My real estate education came through a different form than a classroom, a mentor or a self-help book. I learned it on my own.
20 September, 2014 by The TZ Newswire Staff Comments Off on California economy stands up to nature’s wrath
California economy stands up to nature’s wrath
The impact of nature’s wrath is being felt unevenly in California, but economists say the state’s economy won’t suffer overall.
20 September, 2014 by The TZ Newswire Staff Comments Off on Rising Rates Help Insurance Portfolios
Rising Rates Help Insurance Portfolios
Financial stocks are starting to show upside leadership at the same time that bond yields are starting to rise. Banks usually benefit from rising bond yields because they can charge higher rates for their loans. Two other financial groups have actually done better than banks this week. They include investment services (brokers) and life insurance. Let’s start with life insurance. The black bars in Chart 1 show Prudential Financial (PRU) surging today to a new record high. It’s the strongest stock in that group.