23 November, 2014 by The TZ Newswire Staff Comments Off on The Massively Crowded ‘Long-USD, Short-Treasuries’ Trade Just Got Crowded-er
The Massively Crowded ‘Long-USD, Short-Treasuries’ Trade Just Got Crowded-er
The epic voyage of USD Longs and Treasury Shorts continues…
US Dollar speculative long positioning increased $2.5bn this week to a new record high $47.6bn (as EUR and JPY shorts rose further).
23 November, 2014 by The TZ Newswire Staff Comments Off on Saxobank CIO: "Non-Productive Society Reigns Supreme In Most Developed Countries"
Saxobank CIO: "Non-Productive Society Reigns Supreme In Most Developed Countries"
While reflecting on how many of 2014’s “outrageous predictions” came true (and the still strong US equity markets), Saxobank CIO and Chief Economist Steen Jakobsen warns 2015 will see “deeper and deeper market corrections.” If we continue to apply medicine to keep the patient alive, instead of dealing with the disease Jakobsen ominously warns, 2015 will see increased volatility and mean-reversion, “think in terms of October 1987 or 9/11.” Maintain a
23 November, 2014 by The TZ Newswire Staff Comments Off on Short Week, But a Bunch of Data
Short Week, But a Bunch of Data
Friday started strong and faded a bit, but we still saw the Dow and the S&P 500 hit all-time highs. The Nasdaq was on board as well, and it touched yet another 14-year high. So overall, it was a great way to close out the day. For the week, the Dow was up 1%, the Nasdaq gained 0.5% and the S&P 500 rose 1.2%. The only negative was the fact that stocks started Friday strong, but faded throughout the session. Bulls would have rather seen a slow or down open that rallied into the close, but Friday played out in the opposite direction.
23 November, 2014 by The TZ Newswire Staff Comments Off on How to Network Without Feeling Dirty
How to Network Without Feeling Dirty
Studies have found that professional networking tends to make people feel dirty, but avoiding networking can hurt job performance and career growth. Here’s how to network without the need for a hot shower aftewards.
23 November, 2014 by The TZ Newswire Staff Comments Off on Economic Report: U.S., global business confidence slumps
Economic Report: U.S., global business confidence slumps
Worries about the eurozone, political tension and rising interest rates scare businesses, a survey says.
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23 November, 2014 by The TZ Newswire Staff Comments Off on There Goes The Shopping Spree: Nor’easter May Hit East Coast For Thanksgiving
There Goes The Shopping Spree: Nor’easter May Hit East Coast For Thanksgiving
Forget Black Friday and Q4 GDP…
23 November, 2014 by The TZ Newswire Staff Comments Off on Euro hobbled by chance of more ECB action, Aussie perkier
Euro hobbled by chance of more ECB action, Aussie perkier
The euro flirted with a two-year trough against the dollar as investors gave the currency a wide berth on prospects of more easing.