14 October, 2014 by The TZ Newswire Staff Comments Off on Asia shares drift higher in cautious trade
Asia shares drift higher in cautious trade
Markets in Asia pushed mildly higher as traders digested data suggesting inflation in China is cooling.
14 October, 2014 by The TZ Newswire Staff Comments Off on Cheapest cities for business class seats, Botox
Cheapest cities for business class seats, Botox
Flying business class from Asia to London or New York is expensive, but a new index highlights large differences in the cost of buying a ticket in different Asian cities.
14 October, 2014 by The TZ Newswire Staff Comments Off on Ron Paul: "Liberty, Not Government, Is Key To Containing Ebola"
Ron Paul: "Liberty, Not Government, Is Key To Containing Ebola"
14 October, 2014 by The TZ Newswire Staff Comments Off on Quote Of The Day: Central Bank Fairy Tale Edition
Quote Of The Day: Central Bank Fairy Tale Edition
Markets have moved from fiction to pure fairy tale. As Bloomberg’s Simon Kennedy notes, in the last week we have seen Ed Yardeni cite “The Wizard of Oz”, International Monetary Fund Managing Director Christine Lagarde went with both “Alice in Wonderland” and Harry Potter, and Stephen King – the HSBC chief economist, not the author – trolled the fantasy aisle. All with a similar message – that despite the current weakness in global stocks – there is more room to fall…
14 October, 2014 by The TZ Newswire Staff Comments Off on Tuesday Humor: Spot The Minister Of Health
Tuesday Humor: Spot The Minister Of Health
Which of these are Ministers of Health?
Answer: They all are… from left to right: Belgium, Sweden, and Quebec Ministers of Health
14 October, 2014 by The TZ Newswire Staff Comments Off on China consumer inflation cools to near 5-year lows
China consumer inflation cools to near 5-year lows
China’s consumer inflation eased in September to levels not seen since January 2010, further evidence that the world’s second-largest economy is losing momentum
14 October, 2014 by The TZ Newswire Staff Comments Off on After Central Bank Financial Bubbles, Comes Liquidation And Industrial Deflation
After Central Bank Financial Bubbles, Comes Liquidation And Industrial Deflation
Submitted by David Stockman via Contra Corner blog,
Nearly two decades of central bank financial repression have created huge distortions and imbalances in the world economy. Now they are coming home to roost as the impossibility of ZIRP forever dawns on even our mad money printers. Having created yet another round of ebullient financial bubbles, they are now getting palpably nervous.