16 March, 2015 by The TZ Newswire Staff Comments Off on Credit Suisse Knows You’ve Been Cheating On It
Credit Suisse Knows You’ve Been Cheating On It
But it’s not going to lose you without a fight, no matter how hard the JP Morgans, Goldman Sachses, and the– oh god this one is a blow to the ego– Deutsche Banks of the world try.
16 March, 2015 by The TZ Newswire Staff Comments Off on Why Inovio Pharmaceuticals Inc. Shot Higher Today
Why Inovio Pharmaceuticals Inc. Shot Higher Today
16 March, 2015 by The TZ Newswire Staff Comments Off on Fund Managers Use Machines, "Smart" Beta To Dupe Dumb Retail Investors
Fund Managers Use Machines, "Smart" Beta To Dupe Dumb Retail Investors
Active fund managers have figured out a way to combat the rather inconvenient fact that beating a passively managed index fund over time turns out to be exceptionally difficult, especially net of fees: build an algorithm that replicates your investment strategy, press “go”, then tell investors you’re indexing.
16 March, 2015 by The TZ Newswire Staff Comments Off on Irish Finance Minister Dumps Stocks – Buys Gold
Irish Finance Minister Dumps Stocks – Buys Gold
– Ireland’s Minister of Finance shifted personal wealth out of stocks and into gold
– Minister invested in SPDR Gold Shares ETF, Portuguese government bonds and other ETFs
– Maintained holdings in bank and agricultural commodities ETFs
– Gold ETF not a safe haven asset – much unappreciated counterparty risk
The Minister for Finance in Ireland, Michael Noonan, sold his shares in funds that track European and US stocks and diversified his portfolio including allocating some of his personal wealth into a gold exchange traded fund (ETF) in 2014.
16 March, 2015 by The TZ Newswire Staff Comments Off on US oil production growth is going to zero: Analyst
US oil production growth is going to zero: Analyst
U.S. oil production keeps rising despite falling prices, but Richard Hastings tells CNBC output growth may go negative.
16 March, 2015 by The TZ Newswire Staff Comments Off on Italian Bad Debt Hits Record $197 Billion As Bank Lending Contracts For Unprecedented 33 Consecutive Months
Italian Bad Debt Hits Record $197 Billion As Bank Lending Contracts For Unprecedented 33 Consecutive Months
Repeat after us: the biggest threat facing Europe’s banking system is not a Grexit, is not the Austrian “bad bank” black swan (although it is pretty bad), it is the trillions in non-performing loans on the balance sheets of European banks, which Europe has no idea how to and which continue to multiply in the process threatening to impair depositors with bail-ins (see Cyprus).