2 September, 2015 by The TZ Newswire Staff Comments Off on China and Global Market Turbulence
China and Global Market Turbulence
Global financial markets have just gone through ten market days of high turbulence, blamed widely on developments in China. This note discusses (in increasing order of their importance for US investors) the bursting of China stock…
2 September, 2015 by The TZ Newswire Staff Comments Off on Is China Dumping US Treasuries?
Is China Dumping US Treasuries?
US 10-year Treasury yields have risen 30 bp since Monday’s low water mark. There are a number of reports that try to link the backing up in US yields to purported sales by China. The Chinese sales, in turn, are linked…
2 September, 2015 by The TZ Newswire Staff Comments Off on DeVoe’s Unprovable But Highly Probable Theories
DeVoe’s Unprovable But Highly Probable Theories
For the College Humor Magazine I submitted a collection of many ‘laws’ and other items, including my College Course Descriptions: 1) If it’s green, wiggles or slithers, it’s biology; 2) If it stinks, it’s probably chemistry…
2 September, 2015 by The TZ Newswire Staff Comments Off on Here Comes a “Godzilla” El Niño
Here Comes a “Godzilla” El Niño
For first worlders, weather is often just an annoyance or a pleasure; Californians have started to become more attuned to the weather’s economic influence during the ongoing drought. However, weather influences…
2 September, 2015 by The TZ Newswire Staff Comments Off on Oversold Extremes and the Case for an October Low
Oversold Extremes and the Case for an October Low
Price patterns created by repetitive general psychological investor reactions to panics can be interesting and useful. Often these panics occur when there is no economic basis in reality. The Black Monday 1987 panic, the 1998 Asian Contagion panic and the Flash Crash…
2 September, 2015 by The TZ Newswire Staff Comments Off on How China’s Currency Policies Will Change the World
How China’s Currency Policies Will Change the World
The recent fluctuations in China’s currency typify the best and worst of a globalized world, where developments in one place can instantly change the political and financial calculations of governments in others.
2 September, 2015 by The TZ Newswire Staff Comments Off on Weapons of Economic Misdirection
Weapons of Economic Misdirection
GDP is far from the rather exact number most people think. There are lots of ways to measure GDP; and recently, what is not measured has been the cause for some controversy, at least among economists who care…