11 December, 2014 by The TZ Newswire Staff Comments Off on Aussie dollar sinks on RBA Stevens’ comments
Aussie dollar sinks on RBA Stevens’ comments
On Friday, the Australian dollar hovered near multi-year lows after Reserve Bank of Australia governor Glenn Stevens said in an interview that the currency is “most appropriate” at 75 U.S. cents.
11 December, 2014 by The TZ Newswire Staff Comments Off on Why Russia’s Unfazed By Falling Oil Prices
Why Russia’s Unfazed By Falling Oil Prices
Submitted by Karin Matusa via Casey Research,
Oil is not quite as powerful a weapon against modern-day Russia as one might think.
By arguing that the slump in oil prices will finish off Russia just like it did the Soviet Union, Ambrose Evans-Pritchard, writing in the Daily Telegraph, is forgetting how far Russia has come since those dark days.
11 December, 2014 by The TZ Newswire Staff Comments Off on The Tell: Ray Dalio’s no-brainer: Stock may dip when monetary impact weakens
The Tell: Ray Dalio’s no-brainer: Stock may dip when monetary impact weakens
Ray Dalio, who oversees about $150 billion as founder of Bridgewater Associates, said that we’re currently in a “good environment” for owning stocks, but that the climate could change in a year or two because “the effectiveness of monetary policy will be less.”
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11 December, 2014 by The TZ Newswire Staff Comments Off on Treasury Bills Begin To Fear Government Shutdown, Goldman Explains
Treasury Bills Begin To Fear Government Shutdown, Goldman Explains
Yields on very short-dated T-Bills are up notably over the last week hinting at the potential tonight’s Cromnibus Bill to fail and the potential for government shutdown therefore looms. Whatever the outcome, Goldman does not expect a prolonged shutdown like the one that occurred in 2013…
11 December, 2014 by The TZ Newswire Staff Comments Off on The habit that’s led to Mark Zuckerberg’s success
The habit that’s led to Mark Zuckerberg’s success
You have questions, Mark Zuckerberg has answers. Here are 7 things we just learned about the world’s 14th richest person.
11 December, 2014 by The TZ Newswire Staff Comments Off on Google (GOOGL) Is Afraid of Facebook (FB)
Google (GOOGL) Is Afraid of Facebook (FB)
Google is opening up its wallet for YouTube video makers to stop them from going to Facebook.
11 December, 2014 by The TZ Newswire Staff Comments Off on Habitual Chinese Gamblers Dump Macau, Go All In On Chinese Stocks
Habitual Chinese Gamblers Dump Macau, Go All In On Chinese Stocks
When the PBOC popped the Chinese equity market bubble earlier in the week, American investors (and talking heads) were stunned by such limitations on speculative excess. However, as the following chart suggests, perhaps it was a public service they were doing as the demise of Macau’s easy-visa workarounds to currency controls has meant China’s habitual gamblers needed to find a new outlet for their cash…