5 December, 2015 by The TZ Newswire Staff Comments Off on The Inside Story Why The ECB Decided "The Markets Needed To Be Disappointed" And How It All Fell Apart
The Inside Story Why The ECB Decided "The Markets Needed To Be Disappointed" And How It All Fell Apart
On Wednesday morning, less than 24 hours before the historic, and grossly disappointing ECB announcement, one which sent the EUR soaring the most since the Fed’s announcement of QE1, we warned that Mario Draghi may underdeliver, although in doing so he would face the risk of appearing quite weak before the ECB’s governing council where in recent months the schism between European doves and hawks has grown to epic proportions.
5 December, 2015 by The TZ Newswire Staff Comments Off on ” . . . the FOMC chose to pursue a slow recovery.”
” . . . the FOMC chose to pursue a slow recovery.”
When I said this in 2009 I was way out on the fringe. Today it’s almost become conventional wisdom. And now we have a top Fed official admitting what market monetarists have known all along. Here’s Narayana Kocherlakota:
5 December, 2015 by The TZ Newswire Staff Comments Off on 3 Reasons It’s Dumb to Take Social Security Benefits at 67
3 Reasons It’s Dumb to Take Social Security Benefits at 67
67 is the Social Security full retirement age for anyone born after 1959, but it might not be the best age to take your benefit.
5 December, 2015 by The TZ Newswire Staff Comments Off on Did Friday’s 370-Point Rally Change Anything For The Equity Market?
Did Friday’s 370-Point Rally Change Anything For The Equity Market?
Friday’s rally fails to reel in new highs Guggenheim asset flows just above critical support 30-year yield caught between two converging trendlines Energy SPDR XLE completes a bearish head and shoulders A couple of days ago I wrote that a bearish two-bar reversal that had developed in many averages last Wednesday signaled a decline lasting in the order of 5-10 sessions was likely. Everything…
5 December, 2015 by The TZ Newswire Staff Comments Off on JPMorgan Warns Of "Eye-Catching" 76% Probability Of Recession
JPMorgan Warns Of "Eye-Catching" 76% Probability Of Recession
Just days ago Citi pronounced, much to the chagrin of the status-quo-hugging Fed faithful, that given the turn in corporate profits (and concerns over margin sustainability) that the chance of a recession in the US had risen to 65% (and on that basis had a bearish outlook for US equities).
5 December, 2015 by The TZ Newswire Staff Comments Off on Microsoft Corporation and Intel Corporation Find a New Best Friend in China
Microsoft Corporation and Intel Corporation Find a New Best Friend in China
Why are Microsoft and Intel cozying up to the top smartphone maker in China?
5 December, 2015 by The TZ Newswire Staff Comments Off on Yahoo board in final talks on future of company
Yahoo board in final talks on future of company
Yahoo Inc’s board of directors on Friday is in the third and final day of meetings that could decide the future of one of Silicon Valley’s most prominent but troubled companies. One option on the table for the nine board members is whether to sell Yahoo’s core business, which includes Mail, its sports sites, and advertising technology. The company is also in the process of deciding whether to continue with the spinoff of its $30 billion stake in Chinese e-commerce company Alibaba Group Holdings Ltd.