13 August, 2015 by The TZ Newswire Staff Comments Off on Freedom And Central Planning Can Never Coexist
Freedom And Central Planning Can Never Coexist
13 August, 2015 by The TZ Newswire Staff Comments Off on WSJ: New assessment says serious concerns about sustainability of Greek government debt
WSJ: New assessment says serious concerns about sustainability of Greek government debt
A Wall Street Journal article reports that a “new assessment says there are serious concerns about the sustainability of Greek government debt”
– And it will require mitigating measures
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13 August, 2015 by The TZ Newswire Staff Comments Off on RBA’s Kent: Expects unemployment to stay steady through 2016 & fall in 2017
RBA’s Kent: Expects unemployment to stay steady through 2016 & fall in 2017
Reserve Bank of Australia’s Christopher Kent, Assistant Governor (Economic), the topic of his speech is “Recent Labour Market Developments”:
– Expects unemployment to stay steady through 2016, fall in 2017
Quick Headlines via Reuters
13 August, 2015 by The TZ Newswire Staff Comments Off on AUD/USD traders, heads up for RBA speech – due at 0220GMT
AUD/USD traders, heads up for RBA speech – due at 0220GMT
RBA speaker coming up!
Says the RBA website … straight from the horse’s mouth!
14 August 2015, 12.20 pm AEST
Speech by Christopher Kent, Assistant Governor (Economic) – Recent Labour Market Developments – at an Economic Society of Australia (QLD) Luncheon, Brisbane
13 August, 2015 by The TZ Newswire Staff Comments Off on Outside the Box: You think China has problems? Look at Japan
Outside the Box: You think China has problems? Look at Japan
If you think China has economic problems, take a look at Japan where the challenges are arguably far greater, writes Barry Wood.
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13 August, 2015 by The TZ Newswire Staff Comments Off on Meet Wesley Edens, The New "Subprime King"
Meet Wesley Edens, The New "Subprime King"
In early March, something terrible happened and almost no one noticed.
Springleaf, the subprime lending unit of AIG (the poster child for misjudging credit risk via CDS) bought OneMain, another subprime lender that’s been relegated to Citi’s Citi Holdings trash bin for years. We called it a “match made in subprime hell.” And we were right.
13 August, 2015 by The TZ Newswire Staff Comments Off on With today’s revaluation has the PBOC now set a ‘boundary’ for the yuan?
With today’s revaluation has the PBOC now set a ‘boundary’ for the yuan?
If its reasonable to call the 0.05% strengthening in the mid-point reference rate setting from the People’s Bank of China a revaluation, that is….
This week, since Tuesday its looked like this: