10 December, 2015 by The TZ Newswire Staff Comments Off on Brazil, Russia currency weakness claims an unlikely victim
Brazil, Russia currency weakness claims an unlikely victim
Currencies in Brazil and Russia are among the world’s worst performing, and that’s taken a bite out of consumers’ appetite for appliances.
10 December, 2015 by The TZ Newswire Staff Comments Off on Louise Yamada: Stocks in a Major Topping Process; Oil May Hit $32
Louise Yamada: Stocks in a Major Topping Process; Oil May Hit $32
Noted technician Louise Yamada cautions investors that the rally we’ve seen since the October bottom has been very weak and it still appears to her that stocks are in a drawn out topping process. She thinks oil could get down to $32 and is currently holding a large amount…
10 December, 2015 by The TZ Newswire Staff Comments Off on Aircraft orders slow as cycle peaks; potential for production impact seen
Aircraft orders slow as cycle peaks; potential for production impact seen
A decline in aircraft orders this year shows the order cycle is peaking after five years of torrid growth, industry experts said on Thursday, raising speculation that Boeing Co (BA.N) and Airbus (AIR.PA) may be forced to scale back higher production rates planned for coming years. “Orders have a history of very high peaks and very low troughs,” said Edmund Greenslet, an independent analyst who publishes the Airline Monitor. With three weeks left in 2015, Boeing Co and Airbus have booked 1,582 orders, a decline from 2,888 in 2014.
10 December, 2015 by The TZ Newswire Staff Comments Off on ANX CTO: Bitcoin’s Scalability Issue is a ‘Red Herring’
ANX CTO: Bitcoin’s Scalability Issue is a ‘Red Herring’
During a talk at Finnovasia 2015, ANX CTO Hugh Madden said he believes concerns about the bitcoin blockchain’s ability to scale are a “red herring”.
10 December, 2015 by The TZ Newswire Staff Comments Off on What the bond market says about inflation – an interesting divergence
What the bond market says about inflation – an interesting divergence
TIPS and oil headed in opposite directions
Analysts at Credit Suisse note the breakdown in the correlation between breakevens and oil.
TIPS are inflation-protected bonds that reset based on the CPI, subtracting the 10-year yield from 10-year TIPS gives a market-based prediction of inflation.
10 December, 2015 by The TZ Newswire Staff Comments Off on China ‘Stealth’ Devaluation Continues – Yuan Plunges For 6th Day, Default Risk Soars, Fosun Bonds Crash
China ‘Stealth’ Devaluation Continues – Yuan Plunges For 6th Day, Default Risk Soars, Fosun Bonds Crash
USDCNY broke above 6.4500 for the first time since the August devaluation, extending its post-IMF plunge to 6 days. This is the largest and longest streak of weakness since March 2014 as China seems to have taken the SDR-inclusion as blessing to devalue its currency drip by drip. Default risk is once again stomping higher as CDS surge from 94bps to 112bps (2-month highs).
10 December, 2015 by The TZ Newswire Staff Comments Off on War Is On The Horizon: Is It Too Late To Stop It?
War Is On The Horizon: Is It Too Late To Stop It?
Authored by Paul Craig Roberts,
One lesson from military history is that once mobilization for war begins, it takes on a momentum of its own and is uncontrollable.
This might be what is occuring unrecognized before our eyes.