7 October, 2014 by The TZ Newswire Staff Comments Off on Germany’s Bad Numbers Are Great News For All Of Us
Germany’s Bad Numbers Are Great News For All Of Us
Submitted by Raul Ilargi Meijer via The Automatic Earth blog,
7 October, 2014 by The TZ Newswire Staff Comments Off on A perplexing survey confirms all my priors
A perplexing survey confirms all my priors
In the past I’ve pointed to New Hampshire as a sort of neoliberal model. No income taxes, no sales taxes, very high levels of income, and less inequality than almost all other states. Indeed they have the richest poor of any state. Even adjusting for ethnicity it does well, easily outpacing other mostly white states.
7 October, 2014 by The TZ Newswire Staff Comments Off on Mapping Execution Risk In America
Mapping Execution Risk In America
Ranking 5th in the world for ‘executions’, as we noted previously, the US is among proud executing-nations like Iran, Saudi Arabia, and China.
7 October, 2014 by The TZ Newswire Staff Comments Off on Tuesday Market Wrap
Tuesday Market Wrap
Hard to sugar coat this one. The underpinnings seemed to snap today as stocks ran lower. It is possible that they want to go down and retest last week’s lows (SPX 1926 intraday) and run it higher again. This remains to be seen. For the day the SPX/DOW were -1.55%, and the NDX/NAZ were -1.50%. Bonds rallied 21 ticks, Crude dropped $1.55, Gold rose $4, and the USD was lower. Support levels right now are 1928 and 1900.
Its unsettling to see the Russell 2000 act so poorly and its back to important support at today’s closing level.
7 October, 2014 by The TZ Newswire Staff Comments Off on The Joe Biden Apology Tour Hits Saudi Arabia
The Joe Biden Apology Tour Hits Saudi Arabia
Having accidentally stumbled upon the awkward truth – that many governments in the Middle East are either implicitly or explicitly funding terrorist organizations, such as ISIS, to fight Syria’s al-Assad regime – Vice President Joe Biden has been doing the rounds the last few days apologizing for any inconvenience his Harvard speech last week may have caused.
7 October, 2014 by The TZ Newswire Staff Comments Off on A weak euro may actually be better than you think
A weak euro may actually be better than you think
Some analysts are concerned a stronger dollar compared to the euro could hurt corporate earnings. But there is also a bullish counterpoint.
7 October, 2014 by The TZ Newswire Staff Comments Off on Hewlett-Packard: The last of the megalayoffs
Hewlett-Packard: The last of the megalayoffs
Hewlett-Packard’s plan to lay off 55,000 workers may represent a curious turning point for the economy: The last of the 5-digit layoffs.