The Traderszone Network

Comments from Japan” economy minister Amari:
–  Important to have increase in minimum wage that contributes to economic growth
via Reuters
           

The author of financial best-seller Rich Dad Poor Dad has some unusual advice for millennials in his new book: Saving is for losers.

Last week, Financial Sense interviewed Matthew Mather, a former tech CEO turned best-selling author of novels such as CyberStorm, Darknet, and most recently Nomad. Mather’s books explore the dark possibilities of new technologies, ranging from cyberwarfare…

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Comments on the Chinese yuan from Bank of America Merrill Lynch head of global rates and currencies research
(David Woo)
– “On the eve of the December FOMC meeting … The question is, given the semi USD/RMB peg and China’s increasing open capital account (which come at the expense of China’s monetary independence), whether China can live with higher U.S. interest rates and a higher U.S. dollar. We are skeptical.
Woo is forecasting the USD/CNY to 7.0

The State Department on Monday issued a worldwide travel alert following a month of deadly terrorist attacks on three continents that have killed hundreds of people, including Americans.
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In a letter Monday, Yellen called an interest rate hike “appropriate” if officials see progress toward labor and inflation goals.

These three stocks defied a downbeat mood on Wall Street. Find out how.