6 January, 2016 by The TZ Newswire Staff Comments Off on Options Traders See Yuan Collapse Continuing In "Dangerous Situation For Policy-Makers"
Options Traders See Yuan Collapse Continuing In "Dangerous Situation For Policy-Makers"
Surely, The PBOC will step in at some point and save the collapsing currency? Nope – not if options traders (and Kyle Bass) are to be believed. The odds of the yuan breaking beyond 7 to the greenback by the end of March more than doubled to 12% (from 5.8% at the start of December). Ironically, Bloomberg reports only 1 of 39 analyst predicts Yuan to trade beyond 7 by the end of 2016.
6 January, 2016 by The TZ Newswire Staff Comments Off on Chuck Jaffe: Face it, you aren’t winning the lottery
Chuck Jaffe: Face it, you aren’t winning the lottery
So you didn’t win the big lottery drawing this week.
6 January, 2016 by The TZ Newswire Staff Comments Off on N. Korea’s Kim stokes crisis: Can he handle blowback?
N. Korea’s Kim stokes crisis: Can he handle blowback?
The young ruler may be struggling to assert his authority amid rising international scrutiny, particularly from China.
6 January, 2016 by The TZ Newswire Staff Comments Off on Here We Go Again: China Halts Trading For The Entire Day After Another 7% Crash
Here We Go Again: China Halts Trading For The Entire Day After Another 7% Crash
*CHINA STOCKS HALTED FOR REST OF DAY AFTER CSI 300 TUMBLES 7%
Chinese traders unsure what to do for the rest of the day pic.twitter.com/iZ3Vo17bAa
6 January, 2016 by The TZ Newswire Staff Comments Off on Here We Go Again: China Halts Trading For The Entire Day After Another 7% Crash
Here We Go Again: China Halts Trading For The Entire Day After Another 7% Crash
*CHINA STOCKS HALTED FOR REST OF DAY AFTER CSI 300 TUMBLES 7%
Chinese traders unsure what to do for the rest of the day pic.twitter.com/iZ3Vo17bAa
6 January, 2016 by The TZ Newswire Staff Comments Off on 2016 Theme #3: The Rise Of Independent (Non-State) Crypto-Currencies
2016 Theme #3: The Rise Of Independent (Non-State) Crypto-Currencies
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
This week I am addressing themes I see playing out in 2016.
A number of systemic, structural forces are intersecting in 2016. One is the rise of non-state, non-central-bank-issued crypto-currencies.
We all know money is created and distributed by governments and central banks. The reason is simple: control the money and you control everything.
6 January, 2016 by The TZ Newswire Staff Comments Off on 2016 Theme #3: The Rise Of Independent (Non-State) Crypto-Currencies
2016 Theme #3: The Rise Of Independent (Non-State) Crypto-Currencies
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
This week I am addressing themes I see playing out in 2016.
A number of systemic, structural forces are intersecting in 2016. One is the rise of non-state, non-central-bank-issued crypto-currencies.
We all know money is created and distributed by governments and central banks. The reason is simple: control the money and you control everything.