15 March, 2015 by The TZ Newswire Staff Comments Off on Authorities close in on JPMorgan hackers
Authorities close in on JPMorgan hackers
Federal authorities investigating the JPMorgan attack are confident that a criminal case will be filed against the hackers in the coming months. The NYT reports.
15 March, 2015 by The TZ Newswire Staff Comments Off on The Bipolar Stock Market (In 3 Simple Charts)
The Bipolar Stock Market (In 3 Simple Charts)
Just as the BIS has grown concerned at “the markets’ buoyancy hinges on central banks’ every word and deed.,” the following two charts show, perhaps more worryingly and more clearly that any others just how bipolar (and short-fuse schizophrenic) the world’s equity markets have become…
Sentiment has been totally crazy.. swinging from utterly dysphoric to complacently euphoric and back to ‘brink of suicide’-like extremes on the words of a few PhDs around the world…
15 March, 2015 by The TZ Newswire Staff Comments Off on Asian shares edge lower ahead of Fed meeting
Asian shares edge lower ahead of Fed meeting
Asian shares began the week on the back foot on Monday after a downbeat session on Wall Street, while the euro skidded to a fresh 12-year low on divergent monetary policy paths between the United States and the euro zone. Oil continued to tumble, with U.S. crude dropping more than 2 percent to a six-year low, after the International Energy Agency said on Friday that the global supply glut is growing and U.S. production shows no sign of slowing.
15 March, 2015 by The TZ Newswire Staff Comments Off on Varoufakis’ "Strategy": "No Grexit, But Default Inside The Euro, And Stick The Middle Finger To Germany"
Varoufakis’ "Strategy": "No Grexit, But Default Inside The Euro, And Stick The Middle Finger To Germany"
In a recently uncovered speech by the Yanis Varoufakis that took place in May of 2013, and which was either ingenious or naive beyond comprehension – we can’t decide – or is simply the contradictory stream of consciousness of a financial expert who has become the epitome of saying one thing now, and its diametrical opposite 5 minutes later, the Greek finance minister explains why he was for a Greek default but against returning to the Drachma.
15 March, 2015 by The TZ Newswire Staff Comments Off on Ex-US General Defends His "Sanctions Don’t Work, Start Killing Russians" Comment
Ex-US General Defends His "Sanctions Don’t Work, Start Killing Russians" Comment
Just a few short days after former US Army General Robert Scales explained to FOX News that Ukraine is lost, and acknowledged that an ongoing deployment of American troops to Eastern Europe is unlikely to change the situation, and “the only way [The US] can turn the tide is start killing Russians…
15 March, 2015 by The TZ Newswire Staff Comments Off on Friendless euro sinks to fresh depths, dollar firms
Friendless euro sinks to fresh depths, dollar firms
The euro sank to a fresh 12-year low after a recent bounce was met with fresh selling interest in a sign that investors were still bearish.
15 March, 2015 by The TZ Newswire Staff Comments Off on Who’s Hurting From Slumping Commodities
Who’s Hurting From Slumping Commodities
With the slump in crude prices set to persist thanks to a combination of geopolitical wrangling, supply, and an impending lack of storage, oil producers are feeling the squeeze.