28 October, 2014 by The TZ Newswire Staff Comments Off on The ‘Other’ Recession Indicator Is Flashing Red
The ‘Other’ Recession Indicator Is Flashing Red
Having disproven the “yield curve is not inverted so there cannot be a recession anytime soon” meme, we thought the following chart of a much more macro-economic-data-related indicator that appears to be a useful timing tool for suggesting recessionary conditions exist would provide some more useful context than an articially-manipulated ‘market’ interest rate.
28 October, 2014 by The TZ Newswire Staff Comments Off on As voter stress over economy eases, Wall Street ignores midterms
As voter stress over economy eases, Wall Street ignores midterms
Are there any real financial stakes hanging on next week’s midterm elections, given cooling voter concerns over the economy?
28 October, 2014 by The TZ Newswire Staff Comments Off on ORB shares tumble as unmanned Antares rocket explodes
ORB shares tumble as unmanned Antares rocket explodes
Orbital Services stock falls in after-hours trading) Oct 28 (Reuters) – An unmanned Antares rocket exploded seconds after liftoff from a commercial launch pad in Virginia on Tuesday, marking the first accident since NASA turned to private operators to deliver cargo to the International Space Station, but officials said no one was hurt. The 14-story rocket, built and launched by Orbital Sciences Corp, blasted off its seaside launch pad at the Wallops Flight Facility at 6:22 p.m. EDT/2222 GMT carrying a Cygnus cargo ship for the space station.
28 October, 2014 by The TZ Newswire Staff Comments Off on Write-Offs: 10.28.14
Write-Offs: 10.28.14
$$$ Facebook CFO Says Fourth Quarter Will Be ‘More Difficult’ [Bloomberg] $$$ WhatsApp Gets a Warm Welcome Into Facebook [BV/Matt Levine] $$$ Insider-Trading Probe Focuses on Medicare Agency [WSJ] $$$ Short-seller Chanos says China seeing faster capital flight [Reuters] $$$ Cops: Teletubby Broke Into Pal’s House, Stole Food [TSG] $$$ Fireworks Fly As Peter Schiff…
28 October, 2014 by The TZ Newswire Staff Comments Off on Dead Man’s Party
Dead Man’s Party
About five blocks from my house is the residence of Marissa Mayer, the CEO of Yahoo who is famous for being employee #7 at Google, very smart, very vain, and (mildly) good-looking. At the midpoint between our two houses is a funeral home which, oddly, she decided to buy a couple of years ago………
28 October, 2014 by The TZ Newswire Staff Comments Off on 15 Signs That We Live During A Time Of Rampant Government Paranoia
15 Signs That We Live During A Time Of Rampant Government Paranoia
28 October, 2014 by The TZ Newswire Staff Comments Off on Alibaba’s market value surpasses Walmart
Alibaba’s market value surpasses Walmart
Alibaba muscled ahead of Walmart by one important measure, when its market valuation surpassed the retailer by revenues. The FT reports.