26 June, 2015 by The TZ Newswire Staff Comments Off on Week In Funds: U.S. Stock Mutual Funds Ease
Week In Funds: U.S. Stock Mutual Funds Ease
U.S. diversified stock mutual funds fell in the latest week ended June 25, according to Lipper Inc. Strong home sales and consumer sentiment numbers, and a high court decision that lifted hospitals and insurers, couldn’t compensate for investor uncertainty surrounding Greece’s debt deal. Large-cap value mutual funds showed the biggest declines, falling 0.87% in the week.
26 June, 2015 by The TZ Newswire Staff Comments Off on What Would Happen In Case Of Grexit?
What Would Happen In Case Of Grexit?
Submitted by Pieter Cleppe, of the independent think tank Open Europe in Brussels
What would happen in case of Grexit?
26 June, 2015 by The TZ Newswire Staff Comments Off on Greece sets referendum for July 5 on rescue deal
Greece sets referendum for July 5 on rescue deal
Greece’s prime minister has set a date of July 5 for a referendum on the country’s bailout deal with international creditors.
26 June, 2015 by The TZ Newswire Staff Comments Off on "Critical" Debt "Domino Chain" Threatens To Destabilize China’s Financial System, SocGen Says
"Critical" Debt "Domino Chain" Threatens To Destabilize China’s Financial System, SocGen Says
Since the beginning of March when we first explained why QE (or at least some manner of “unconventional” monetary policy) may be inevitable in China, we’ve tracked developments around the country’s local government debt refi effort closely. For those in need of a refresher, we’ve documented the program from inception to implementation and beyond in exhaustive detail in the following posts:
26 June, 2015 by The TZ Newswire Staff Comments Off on It’s 2 In The Morning And Greeks Are Lining Up At ATMs; Alpha Limits Online Banking
It’s 2 In The Morning And Greeks Are Lining Up At ATMs; Alpha Limits Online Banking
Because correlation does not equal causation, we present the following with no comment other than to note that according to Goldman’s estimates (shown below), Alpha Bank, which has announced that web banking will “operate with limited functionality” over the weekend, happens to have the smallest ELA buffer of the four major Greek banks.
And of course, Greek PM Alexis Tsipras has just called for a referendum on euro membership to be held next Sunday.
Draw your own conclusions.
26 June, 2015 by The TZ Newswire Staff Comments Off on Cramer Remix: Be very careful with these stocks!
Cramer Remix: Be very careful with these stocks!
“Mad Money” host Jim Cramer is warning you, don’t take action on these stocks too early!
26 June, 2015 by The TZ Newswire Staff Comments Off on Stocks Shift To Under Pressure As Leaders Take A Beating
Stocks Shift To Under Pressure As Leaders Take A Beating
Stock indexes covered the gamut from flat to up to down Friday, with a barrelful of top-rated stocks taking hard hits. The Nasdaq slashed 0.6% lower, while the S&P 500 was essentially flat. The Dow Jones industrial average added 0.3%, helped by Nike’s (NKE) 4% gain. The IBD 50 slid 0.9%. Volume rose on both major exchanges. Friday was a Russell rebalancing day, which usually boosts trade.