18 March, 2015 by The TZ Newswire Staff Comments Off on Bank of America must allow shareholder vote on breakup
Bank of America must allow shareholder vote on breakup
BoA must allow shareholders to vote on a proposal that calls for the company to consider spinning off its investment banking business.
18 March, 2015 by The TZ Newswire Staff Comments Off on Pushing On A String: The Fed’s Spectacular Failure To Stimulate Housing
Pushing On A String: The Fed’s Spectacular Failure To Stimulate Housing
Submitted by David Stockman via Contra Corner blog,
The “incoming data” was disappointing again yesterday – this time the culprit was housing starts which were off by 17% from January. But please don’t blame the “weather” again.
18 March, 2015 by The TZ Newswire Staff Comments Off on Cramer Remix: Oil news you’ve been waiting for
Cramer Remix: Oil news you’ve been waiting for
You’ve been waiting months for the answer on oil, “Mad Money” host Jim Cramer’s got the answer.
18 March, 2015 by The TZ Newswire Staff Comments Off on Tesla Motors, Inc. Stock Gets a Boost From a Key Win in Its Dealer Battle
Tesla Motors, Inc. Stock Gets a Boost From a Key Win in Its Dealer Battle
In an important win for Tesla, the company can now sell its cars directly in the fourth-largest luxury car market.
18 March, 2015 by The TZ Newswire Staff Comments Off on Nasdaq Rises 3rd Straight Day As Fed Keeps Dovish Stance
Nasdaq Rises 3rd Straight Day As Fed Keeps Dovish Stance
Stocks reaffirmed the market’s upward bias Wednesday with broad gains in higher volume. The strength of market leaders was hardly in question as well. The IBD 50 gained 0.8%. Observers of the Federal Reserve appeared both unsurprised and surprised by the U.S. central bank’s announcement on interest-rate policy.
18 March, 2015 by The TZ Newswire Staff Comments Off on Here Is Why The Fed Can’t Hike Rates By Even 0.25%
Here Is Why The Fed Can’t Hike Rates By Even 0.25%
There was a time when Zoltan Poszar was the most important person at the Fed (and Treasury), because he was likely the only person in the government’s employ who grasped the enormity and complexity of the then-$30 or so trillion US shadow banking system. A quick refresh of his bio from the Institute for New Economic Thinking:
