23 September, 2014 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Pimco ETF draws SEC investigation
The Wall Street Journal: Pimco ETF draws SEC investigation
The SEC is investigating whether bond giant Pimco artificially boosted the returns of a popular fund aimed at small investors, the latest challenge for the firm run by investor Bill Gross, The Wall Street Journal reports.
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23 September, 2014 by The TZ Newswire Staff Comments Off on Caixin Online: Alibaba investors have reason to worry, say analysts
Caixin Online: Alibaba investors have reason to worry, say analysts
The Internet giant’s U.S.
23 September, 2014 by The TZ Newswire Staff Comments Off on Goldman slashes China growth targets
Goldman slashes China growth targets
Goldman Sachs is the latest bank to slash its growth outlook for China as weak economic activity triggers fresh concerns of over slowing growth.
23 September, 2014 by The TZ Newswire Staff Comments Off on iUnderground? Some turn to ‘gray market’ to buy iPhones
iUnderground? Some turn to ‘gray market’ to buy iPhones
With excitement running high and inventory running low for Apple’s latest smartphones, there’s a blossoming underground market for the devices.
23 September, 2014 by The TZ Newswire Staff Comments Off on Two stocks you can buy now
Two stocks you can buy now
One tech, one pharmaceutical — each too good to ignore.
23 September, 2014 by The TZ Newswire Staff Comments Off on Welcome To The Oligarchy – US Leads The Developed World In Low Wage Jobs
Welcome To The Oligarchy – US Leads The Developed World In Low Wage Jobs
Submitted by Mike Krieger of Liberty Blitzkrieg blog,
23 September, 2014 by The TZ Newswire Staff Comments Off on On The Market’s Central-Bank-Induced Bipolar Disease
On The Market’s Central-Bank-Induced Bipolar Disease
“We’re suffering from central-bank-induced bipolar disease, bouncing from joy to despair number by number,” notes Bloomberg’s Richard Breslow.
“We certainly have aspirations of better growth, higher inflation and a road map,” but he adds, this is simply “another way of saying we’re completely data-dependent.”
As Eric Green at TD wrote, that explains why yields are more correlated to data surprises than at any point this year.