3 January, 2016 by The TZ Newswire Staff Comments Off on China press: Economy won’t rebound immediately
China press: Economy won’t rebound immediately
Bloomberg reporting on some of the headlines from the Chinese press:
– Shanghai Securities News: State researcher seens China M2 growth around 13%
– People’s Daily: China’s economy won’t rebound immediately,
Bit of same-old despite the new year
3 January, 2016 by The TZ Newswire Staff Comments Off on Comcast, We Have a Problem
Comcast, We Have a Problem
By EconMatters
The bigger news in the cable industry is that the U.S. Justice Department’s threat to block the purchase/merger of Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC) did result in Comcast withdrawing its stock-swap proposal to acquire TWC in April, 2015. However, TWC soon afterwards entered into an agreement to be acquired by Charter Communications in May.
3 January, 2016 by The TZ Newswire Staff Comments Off on Crude Oil Opens Above $38, Takes Out 1-Week Highs
Crude Oil Opens Above $38, Takes Out 1-Week Highs
With hedge fund short positions near record highs and speculators at their least bullish in almost five years, oil prices have spurted higher in the early trading as the diplomatic gloves come off in The Middle East. Despite record levels of crude inventory around the world, WTI Crude is trading above $38, up over 3% from its $37.07 close on New Year’s Eve. Algos ran the stops above last week’s highs ($38.32) but for now prices are not as excited as many would have expected.
WTI tags last week’s highs but is holding for now…
3 January, 2016 by The TZ Newswire Staff Comments Off on Australia – CoreLogic house prices for December: 0.0% (prior -1.5%)
Australia – CoreLogic house prices for December: 0.0% (prior -1.5%)
CoreLogic house prices for December in Australia flat for the m/m change
– National average capital city home price rose 7.8% in 2015
– Flat in December m/m
3 January, 2016 by The TZ Newswire Staff Comments Off on Gail Tverberg: Something Has Got To Break
Gail Tverberg: Something Has Got To Break
Submitted by Adam Taggart via PeakProsperity.com,
Actuary Gail Tverberg explains the tight correlation between the rates of GDP growth and growth in energy supply. For decades, energy has been becoming more costly to obtain, and instead of accepting lower GDP growth, we have been using debt to fund further energy exploration and extraction.
That strategy has diminishing returns, Tverberg warns. And we are close to the moment of reckoning:
3 January, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: ‘Star Wars’ set to pass ‘Avatar’ at U.S box office
The Wall Street Journal: ‘Star Wars’ set to pass ‘Avatar’ at U.S box office
“Star Wars: The Force Awakens” is set to surpass “Avatar” this week as the highest-grossing movie of all time in U.S.
3 January, 2016 by The TZ Newswire Staff Comments Off on Federal Reserve – who are the FOMC voters in 2016?
Federal Reserve – who are the FOMC voters in 2016?
As we have welcomed in the New Year so we welcome new voters to the Federal Open Market Committee (FOMC)
(And boot off the old lot)
Here are the voters in 2016: