7 January, 2015 by The TZ Newswire Staff Comments Off on Wednesday Market Wrap- Finally A Bounce
Wednesday Market Wrap- Finally A Bounce
It was a nice bounce today, but don’t pop the champagne yet. It’s the first day up in about six, so as I always say, wait for the follow through day, because one day alone isn’t a trend change.
7 January, 2015 by The TZ Newswire Staff Comments Off on We Are Entering An Era Of Shattered Illusions
We Are Entering An Era Of Shattered Illusions
7 January, 2015 by The TZ Newswire Staff Comments Off on Samsung says Q4 operating profit likely fell 37%
Samsung says Q4 operating profit likely fell 37%
Samsung Electronics, the South Korea-based tech giant, said its operating profits likely tumbled 37% on a year-to-year basis in the fourth quarter, a slightly shallower dip than analysts forecast.
7 January, 2015 by The TZ Newswire Staff Comments Off on Cramer: This stock can go a lot higher
Cramer: This stock can go a lot higher
Mad Money host Jim Cramer actually suggests buying it into the next oil-induced selloff.
7 January, 2015 by The TZ Newswire Staff Comments Off on Usmanov dethroned as Russia’s richest man
Usmanov dethroned as Russia’s richest man
Alisher Usmanov is no longer Russia’s wealthiest individual after losing $4.5 billion of his fortune last year, according to Wealth-X.
7 January, 2015 by The TZ Newswire Staff Comments Off on Plumbers, Hawaiian community bankers, and the FOMC
Plumbers, Hawaiian community bankers, and the FOMC
Imagine President Obama appointing a plumber to the committee that determines the growth path for NGDP for the United States (which of course also impacts the global economy.) Then read this:
7 January, 2015 by The TZ Newswire Staff Comments Off on A Tale Of Two Record Unemployments: Italy vs Germany
A Tale Of Two Record Unemployments: Italy vs Germany
For the first time ever, Italy’s unemployment rate is more than twice that of its European Union (one region, one monetary policy) neighbor Germany. As Germany’s jobless rate fell for the 3rd month in a row to 6.5% (the lowest level in records going back more than two decades), Italian unemployment unexpectedly rose to a record high at 13.4% (well above the euro-region rate of 11.5%).