11 April, 2015 by The TZ Newswire Staff Comments Off on None Dare Call It Fraud – Its Just A "Savings Glut"
None Dare Call It Fraud – Its Just A "Savings Glut"
Submitted by David Stockman via Contra Corner blog,
They were jawing again this morning about the low “natural rate” of interest on bubble vision, implying that the workers of the world have succumbed to an atavistic fit of wild-eyed thrift. Gosh, the world is so inundated in a savings glut, averred Wall Street economist Ed McKeon, that the interest rate would be near zero—–even without the concerted action of the central banks.
11 April, 2015 by The TZ Newswire Staff Comments Off on 3 Reasons It’s a Mistake to Take Social Security Benefits at 62
3 Reasons It’s a Mistake to Take Social Security Benefits at 62
There are many reasons why automatically taking Social Security at your earliest opportunity isn’t necessarily the best choice.
11 April, 2015 by The TZ Newswire Staff Comments Off on Mass Whale Beaching Re-Ignites Quake Fears Among Japanese
Mass Whale Beaching Re-Ignites Quake Fears Among Japanese
Six days prior to Japan’s devastating 2011 undersea earthquake that killed over 18,000 people, around 50 melon-headed whales – a species that is a member of the dolphin family – beached themselves on Japan’s beaches.
11 April, 2015 by The TZ Newswire Staff Comments Off on The 3 Best Stocks to Invest in the Future of Banking
The 3 Best Stocks to Invest in the Future of Banking
The banking industry has vitrually unlimited potential to grow and evolve, and these three companies could help you profit from it.
11 April, 2015 by The TZ Newswire Staff Comments Off on Stan Druckenmiller’s "Horrific Sense" Of Deja Vu: "I Know It’s Tempting To Invest, But This Will End Very Badly"
Stan Druckenmiller’s "Horrific Sense" Of Deja Vu: "I Know It’s Tempting To Invest, But This Will End Very Badly"
Stan Druckenmiller, as we have previously noted here and here, is not one to shy away from criticizing the Federal Reserve for taking unnecessary risks in public.
11 April, 2015 by The TZ Newswire Staff Comments Off on The American Consumer Will Never Be Back
The American Consumer Will Never Be Back
Submitted by Raul Ilargi Meijer via The Automatic Earth blog,
That title may be a bit much, granted, because never is a very long time. I might instead have said “The American Consumer Won’t Be Back For A Very Long Time”. Still, I simply don’t see any time in the future that would see Americans start spending again at a rate anywhere near what would be required for an economic recovery. Looks pretty infinity and beyond to me.
11 April, 2015 by The TZ Newswire Staff Comments Off on 3 Last-Minute Tax Tips You Need to Know
3 Last-Minute Tax Tips You Need to Know
The tax deadline is rapidly approaching, but here are three pieces of tax advice that could still help you.