20 January, 2015 by The TZ Newswire Staff Comments Off on At Davos, it’s not all about the money…seriously
At Davos, it’s not all about the money…seriously
Davos is teeming with elite investors this week–and it’s not just to talk their own book.
20 January, 2015 by The TZ Newswire Staff Comments Off on In America, Government Pays You Interest. In Switzerland, You Pay Government.
In America, Government Pays You Interest. In Switzerland, You Pay Government.
by Keith Weiner
The old joke is, “(with a Russian accent) In America, you correct newspaper, but in Soviet Union, newspaper corrects you.” Switzerland is now experiencing the bond market equivalent. In America, the government pays you to borrow but in Switzerland you pay the government. All Swiss bonds have a negative yield out to 9 years. Negative means you pay them to lend them your money. The 10-year Swiss government bond has effectively zero yield. For comparison, the 10-year US Treasury is 1.8%.
Here is a graph of the Swiss yield curve.
20 January, 2015 by The TZ Newswire Staff Comments Off on The Margin: Chinese city says pollution all due to … bacon
The Margin: Chinese city says pollution all due to … bacon
Homemade smoked bacon is a long-enjoyed delicacy in China’s famous Sichuan cuisine.
20 January, 2015 by The TZ Newswire Staff Comments Off on 7.2 million Americans hiding money from spouses
7.2 million Americans hiding money from spouses
Millions of Americans have spouses who are hiding money from them. How to make sure you’re not one of them.
20 January, 2015 by The TZ Newswire Staff Comments Off on President Obama in State of the Union vows to target inequality
President Obama in State of the Union vows to target inequality
President Barack Obama on Tuesday laid out a series of controversial proposals aimed at bridging the U.S. wealth divide, while also declaring an end to the economic crisis.
20 January, 2015 by The TZ Newswire Staff Comments Off on Capitol Report: Obama’s feisty ad libs steal show at State of the Union
Capitol Report: Obama’s feisty ad libs steal show at State of the Union
President Barack Obama’s feisty ad libs steal the show during his State of the Union address and suggest he has no plans to be cowed by the new Republican majority.
20 January, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: In State of the Union, Obama makes middle-class pitch
The Wall Street Journal: In State of the Union, Obama makes middle-class pitch
President Barack Obama declares an end to the U.S.