29 January, 2015 by The TZ Newswire Staff Comments Off on "Lost In Translation" Error Sends Belarus Bonds Plunging
"Lost In Translation" Error Sends Belarus Bonds Plunging
Yields on Belarussian bonds exploded from 12% to 25% in the space of a few minutes this morning following reports that President Alexandr Lukashenko raised the prospect of restructuring the former Soviet republic’s external debt. As Bloomberg reports, the 2018 bonds collapsed from over 90c to 65c even as Lukashenko said Russian President Vladimir Putin was prepared to provide $500 million of aid if the situation gets “very difficult.” However, two hours later – following the collapse in bonds – Lukashenko clarified his remarks…
29 January, 2015 by The TZ Newswire Staff Comments Off on Asia markets extend U.S. rally as earnings take the spotlight
Asia markets extend U.S. rally as earnings take the spotlight
Markets in Asia followed Wall Street’s lead to the upside as oil prices halted their slide and traders digested a flurry of corporate reports.
29 January, 2015 by The TZ Newswire Staff Comments Off on Cramer: Don’t bet against this stock
Cramer: Don’t bet against this stock
“Mad Money” host Jim Cramer reveals which company¿s worth banking on
29 January, 2015 by The TZ Newswire Staff Comments Off on The Biggest "Hamilton Oil Shock" In History
The Biggest "Hamilton Oil Shock" In History
Slowly but surely, the narrative that plummeting oil prices is “unambiguously good” for the economy is fading into obscurity, as reality is starting to emerge. For the latest capitulation we go to the Bank of America chart of the day which shows that the current Hamilton Oil Shock is now the biggest in history, surpassing even the Lehman collapse.
29 January, 2015 by The TZ Newswire Staff Comments Off on Biogen Idec Inc Earnings: Worth the Wait
Biogen Idec Inc Earnings: Worth the Wait
29 January, 2015 by The TZ Newswire Staff Comments Off on "They’re Out Of Their Minds" Gorbachev Slams US ‘Triumphalism’ For "Turning Cold War ‘Hot’"
"They’re Out Of Their Minds" Gorbachev Slams US ‘Triumphalism’ For "Turning Cold War ‘Hot’"
In November of last year, Mikhail Gorbachev first warned “the world is on the brink of a new Cold War.” Then around the turn of the year he escalated his warning, fearing “a war of this kind could lead to a nuclear war,” hoping that no one “loses their nerve in this overheated situation.” read more
29 January, 2015 by The TZ Newswire Staff Comments Off on ETFs Stun With $50.8 Bil Dec. Inflow; $240.8 Bil In ’14
ETFs Stun With $50.8 Bil Dec. Inflow; $240.8 Bil In ’14
The ETF juggernaut rolled on in December, crushing mutual funds on its way to an 11th straight month of net inflow. Investors plowed a whopping $50.8 billion into the nation’s equity, bond and hybrid exchange traded funds combined. That pushed U.S. ETF industry assets to $1.974 trillion at the end of December, up 1% over the previous month, according to Investment Company Institute, a trade association.