20 September, 2015 by The TZ Newswire Staff Comments Off on The 10 Richest Counties in the United States
The 10 Richest Counties in the United States
The richest counties in America have a lot in common, but remember that all of these areas have rather high costs of living.
20 September, 2015 by The TZ Newswire Staff Comments Off on Chill, China’s economy isn’t collapsing: Beige Book
Chill, China’s economy isn’t collapsing: Beige Book
While the economy slowed in Q3, there are no signs of a growth collapse, according to the latest China Beige Book survey.
20 September, 2015 by The TZ Newswire Staff Comments Off on Westpac’s Evans on the Federal Reserve-still expects a 2015 hike (in December)
Westpac’s Evans on the Federal Reserve-still expects a 2015 hike (in December)
I posted the thoughts of Westpac’s chief economist Bill Evans last weekend ahead of the FOMC meeting
He was expecting a hike (as was I)
We all know now the Fed wimped out, running scared from the China (and global) volatility
20 September, 2015 by The TZ Newswire Staff Comments Off on Game Over
Game Over
When the Fed embarked on its mission to rescue the economy in 2009 it did so on the following premise: Save the banks by re-inflating the housing and stock markets via easy money and, as a result, companies would hire and the eventual scarcity of labor would produce wage growth with the end result that the resulting inflation would permit for a tightening cycle to normalize rates.
20 September, 2015 by The TZ Newswire Staff Comments Off on Cheap robots may shift car making from China to U.S.: Magna CEO
Cheap robots may shift car making from China to U.S.: Magna CEO
The falling cost of intelligent robots may help repatriate some car manufacturing work away from low-cost locations like China back to factories in Germany and North America, Donald Walker, Chief Executive of auto supplier Magna told Reuters. Rising wages in China and the cost of importing heavy components like electric car batteries into Europe may lead established car makers to introduce more highly efficient automated manufacturing closer to home, Walker told Reuters in an interview at the Frankfurt auto show.
20 September, 2015 by The TZ Newswire Staff Comments Off on Ralph Lauren is trading at a discount: Barron’s
Ralph Lauren is trading at a discount: Barron’s
U.S. clothing design company Ralph Lauren looks like a buying opportunity, according to a report on Sunday in Barron’s financial newspaper, which said the company’s investment in new technology should …
20 September, 2015 by The TZ Newswire Staff Comments Off on GoPro shares could fall due strong competition: Barron’s
GoPro shares could fall due strong competition: Barron’s
Barron’s said investors in GoPro are “skittish” about the company’s ability to ward off competition from Apple Inc (APPL.O), which has upgraded the camera on its iPhone to produce more high resolution video. Officials at GoPro declined to comment.