20 March, 2015 by The TZ Newswire Staff Comments Off on Gold Recoups Its Loss For ’15 As Dollar Sinks
Gold Recoups Its Loss For ’15 As Dollar Sinks
Gold erased its 2015 losses and posted the biggest weekly gain since January as declines for the dollar boosted the metal’s appeal as an alternative investment. Silver climbed the most this year. The Bloomberg Dollar Spot Index, which tracks the greenback against 10 major currencies, headed for the steepest weekly drop since 2009. Federal Reserve Chairwoman Janet Yellen suggested last week that the U.S.
20 March, 2015 by The TZ Newswire Staff Comments Off on Cramer Game Plan: Next week depends on China
Cramer Game Plan: Next week depends on China
Jim Cramer is preparing for next week and sees that one key datapoint from China will determine the direction of the market.
20 March, 2015 by The TZ Newswire Staff Comments Off on Global Trade Grinds To A Crawl
Global Trade Grinds To A Crawl
At the start of this month, those who contend that depression-level readings on the Baltic Dry are no longer very meaningful because at this juncture, the index simply shows the extent to which the industry is oversupplied got a rude awakening when the CEO of the company (Maersk) that handles nearly a fifth of global seaborne freight decided to ruin everyone’s day by daring to suggest that in fact, global growth is rather abysmal and will likely continue to depress demand the world over.
20 March, 2015 by The TZ Newswire Staff Comments Off on Hot Stocks: These 4 Large Caps Beat The Market Last Week
Hot Stocks: These 4 Large Caps Beat The Market Last Week
The small-cap universe may be shining more brightly than the large-cap one. Yet the market’s uptrend showcases large names with solid fundamentals and good price action. Nike (NKE), Honeywell (HON), Equinix (EQIX) and Biogen Idec (BIIB) hit 52-week or all-time highs on Friday. All four stocks sport market caps of more than $12 billion, with Nike showing the biggest size at nearly $89 billion.
20 March, 2015 by The TZ Newswire Staff Comments Off on Investors buying stocks as default purchase: Pro
Investors buying stocks as default purchase: Pro
The U.S. is in a profits recession, independent investment consultant David Darst says. Here’s why he thinks the market is up.
20 March, 2015 by The TZ Newswire Staff Comments Off on Retirement Plan Off Course? 5 Steps To Bridge The Gap
Retirement Plan Off Course? 5 Steps To Bridge The Gap
Do you feel behind in your retirement savings, but aren’t sure exactly where you stand financially? You’re not alone, and the first step to taking back control is an honest assessment of your current situation. Use online retirement planning calculators (like those found through Schwab, T. Rowe Price and others) to get a sense of where you stand.
20 March, 2015 by The TZ Newswire Staff Comments Off on How Retirees Make The Money To Pay The Bills, Enjoy Life
How Retirees Make The Money To Pay The Bills, Enjoy Life
How do Americans support themselves in retirement? Are pensions a thing of the past, and how much do personal savings and investments contribute to retirees’ monthly finances? Adults age 65 and older usually rely on multiple income streams. According to U.S. Census Bureau data for 2013, 85% of them receive Social Security, and almost one out of four works. Among those who work, the median income from wages or self-employment is $26,680.