30 September, 2015 by The TZ Newswire Staff Comments Off on Japan pension fund to invest in junk bonds – Nikkei
Japan pension fund to invest in junk bonds – Nikkei
This will end badly
yesterday about mom and pop investors being fed junk bonds. Reach for yield is hitting new levels of insanity.
Carl Ichan was ranting
There’s also a report that Japan’s main government pension fund lost 9.4 trillion yen in Q3 (that’s about $80 billion).
30 September, 2015 by The TZ Newswire Staff Comments Off on Overshooting to the Downside
Overshooting to the Downside
There are 195 sovereign states, according to the United Nations, and two “observer states” (Vatican and Palestine). The high income countries in North America, Western Europe and Asia-Pacific account for about 15% of…
30 September, 2015 by The TZ Newswire Staff Comments Off on Will China Lead the World Into Recession?
Will China Lead the World Into Recession?
A recent report from a Citibank economist has Wall Street worried that the world’s second largest economy is skating on thin ice—and threatening to pull the rest of us down with it.
30 September, 2015 by The TZ Newswire Staff Comments Off on U.S. Senate passes bill to avert government shutdown, sends to House
U.S. Senate passes bill to avert government shutdown, sends to House
The U.S. Senate on Wednesday overwhelmingly passed legislation to avert a government shutdown, sending the measure to the House of Representatives just hours before funding for federal agencies runs out at midnight. Passed by a 78-20 vote, the bill would keep federal agencies funded at current levels through Dec. 11. It does not include a controversial provision to cut off money to Planned Parenthood that many conservative Republicans had demanded.
30 September, 2015 by The TZ Newswire Staff Comments Off on Whole Foods to stop selling products made by inmates
Whole Foods to stop selling products made by inmates
Whole Foods will stop selling products made using a prison labor program after a protest at one of its stores in Texas. The company said the products should be out of its stores by April 2016, if not sooner. …
30 September, 2015 by The TZ Newswire Staff Comments Off on EURUSD quarterly roundup
EURUSD quarterly roundup
Up 0.3% for the quarter.
Today is quarter end for the EURUSD. How did the quarter shake out?
30 September, 2015 by The TZ Newswire Staff Comments Off on Warren Buffett Sours on Reinsurance; Here’s What He Did
Warren Buffett Sours on Reinsurance; Here’s What He Did
Warren Buffett’s Berkshire Hathaway has reduced its position in Munich, the world’s largest reinsurer.