7 January, 2015 by The TZ Newswire Staff Comments Off on Goldman’s 2015 Political Outlook: Will Congress "Audit" The Fed?
Goldman’s 2015 Political Outlook: Will Congress "Audit" The Fed?
The 114th Congress formally convened yesterday. In what follows, Goldman Sachs presents its views on some of the central questions regarding the political and policy outlook for the coming year. In general, they continue to expect more substantive legislative activity to occur in 2015 than occurred in 2014, and in a few cases–trade agreements, a highway bill–these proposals could become law.
7 January, 2015 by The TZ Newswire Staff Comments Off on StanChart to close global equities business
StanChart to close global equities business
Standard Chartered is closing its cash equities and equities businesses exiting a division that had struggled since 2010.
7 January, 2015 by The TZ Newswire Staff Comments Off on Fed’s Evans "Catastrophe" Comment Sparks US, Japan Stock Surge; China Purge
Fed’s Evans "Catastrophe" Comment Sparks US, Japan Stock Surge; China Purge
Chicago Fed’s Charlie Evans appears to have decided to flex his voting member status, Bullard-ness this evening. Speaking during a forum in Chicago, after The FOMC Minutes showed data-dependence was the thing… Evans exclaimed “raising rates would be a catastrophe,” and that “housing hasn’t shown the strength he’d like to see,” prompting S&P futures – with the help of USDJPY – to suddenly surge 16 points (and drag WTI Crude futures above $49.50 for fun). Nikkei futures enjoyed the ride ramping 200 points as USDJPY hit 119.70.
7 January, 2015 by The TZ Newswire Staff Comments Off on Oil & The Economy: The Limits Of A Finite World In 2015-16
Oil & The Economy: The Limits Of A Finite World In 2015-16
Submitted by Gail Tverberg via Our Finite World blog,
The price of oil is down. How should we expect the economy to perform in 2015 and 2016?
7 January, 2015 by The TZ Newswire Staff Comments Off on Bitcoin Exchange Hacked – Cyber Attacks Show Increasing Technology and Finance Risk
Bitcoin Exchange Hacked – Cyber Attacks Show Increasing Technology and Finance Risk
Bitcoin Down 12 Percent this Year – Cyber Attack Shows Technology Risk
2015 has not started well for bitcoin with prices having fallen 12%, from $320 to $288.
7 January, 2015 by The TZ Newswire Staff Comments Off on Are bond yields flashing a panic signal?
Are bond yields flashing a panic signal?
Government bond yields in the U.S., Europe and Japan are plumbing lows, but analysts aren’t ready to hit the panic button.
7 January, 2015 by The TZ Newswire Staff Comments Off on A Socialist Math Problem Of Extreme Difficulty
A Socialist Math Problem Of Extreme Difficulty
Answer the following, real-world math question:
“If your mother goes to a government-subsidized supermarket and buys two pounds of sugar and three pounds of meat, how many pounds does she have?”