12 January, 2015 by The TZ Newswire Staff Comments Off on Crude Crash Erases Stocks’ "Catastrophe" Exuberance, Bonds & Bullion Surge
Crude Crash Erases Stocks’ "Catastrophe" Exuberance, Bonds & Bullion Surge
Did something change? The Dow just avoided its 6th day in a row of triple-digit moves…
Despite crude’s overnight collapse to fresh lows, stocks stahed their usual pumpathon into the opening bell… but that was rapidly erased – along with all the gains post-Charlie Evans’ “catastrophe” comment… not helped by Fed’s Williams late-day confirmation that:
12 January, 2015 by The TZ Newswire Staff Comments Off on Commodities tomorrow: Oil drops, equities drop
Commodities tomorrow: Oil drops, equities drop
CNBC’s Jackie DeAngelis discusses the day’s activity in the commodities markets. Another big drop in oil dragged down equities. A GS forecast that said oil could go to $40 and OPEC refusing to cut production were the reasons why.
12 January, 2015 by The TZ Newswire Staff Comments Off on Outside the Box: Stocks get an ‘F’ when kids go back to school
Outside the Box: Stocks get an ‘F’ when kids go back to school
A new study blames a ‘back-to-school’ malaise among traders and investors for stock-market declines in the weeks following major vacation periods.
read more
12 January, 2015 by The TZ Newswire Staff Comments Off on This Is Just the Beginning of the Great American Oil Bust
This Is Just the Beginning of the Great American Oil Bust
“This is going to be a painful period of time,” explained Texas Governor Rick Perry. The oil price plunge is going to make things “very uncomfortable” in the oil patch of Texas. There would be “a bit of belt-tightening in places,” and some areas would “have to make some changes,” he said.
12 January, 2015 by The TZ Newswire Staff Comments Off on Gross says Pimco fired him after proposing smaller role – Bloomberg
Gross says Pimco fired him after proposing smaller role – Bloomberg
NEW YORK (Reuters) – Bill Gross has acknowledged publicly for the first time that he was fired from Pacific Investment Management Co, the firm he co-founded in 1971, largely confirming news reports of …
12 January, 2015 by The TZ Newswire Staff Comments Off on Buffett’s battery deal could fire up this stock
Buffett’s battery deal could fire up this stock
Warren Buffett’s deal to acquire Duracell is good news for rival Energizer.
12 January, 2015 by The TZ Newswire Staff Comments Off on Stagnant middle class incomes: The political fallout
Stagnant middle class incomes: The political fallout
The debate over middle class incomes holds big consequences. Here’s how it will go down in DC.