23 January, 2016 by The TZ Newswire Staff Comments Off on FX Outlook: New Phase Has Begun
FX Outlook: New Phase Has Begun
23 January, 2016 by The TZ Newswire Staff Comments Off on De Blasio’s budget | Knicks ranked No. 1 | Horse-drawn duel
De Blasio’s budget | Knicks ranked No. 1 | Horse-drawn duel
Mayor Bill de Blasio’s $82.1 billion budget ignores the more than $600 million that Gov. Andrew Cuomo’s own budget would cut in state funding for Medicaid and City University. The…
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23 January, 2016 by The TZ Newswire Staff Comments Off on With record employment, let’s call it the Bloomberg-de Blasio boom
With record employment, let’s call it the Bloomberg-de Blasio boom
As New York Mets announcer Howie Stern likes to say after a win, “Put it in the books.’’ And 2015 was certainly a win for New York City, according to last week’s state…
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23 January, 2016 by The TZ Newswire Staff Comments Off on Instant Analysis: BDCs Try to Calm the Market
Instant Analysis: BDCs Try to Calm the Market
As their share prices slump to start 2016, some business development companies are giving an early look into their fourth quarter earnings.
23 January, 2016 by The TZ Newswire Staff Comments Off on Gold: Sentiment Indicator Lost; Current Outlook
Gold: Sentiment Indicator Lost; Current Outlook
One of the best sentiment indicators we had for gold was the premium/discount for Central Gold Trust (GTU), a closed-end fund which owned only gold bullion. (Closed-end funds trade like stocks, and the pressures of bid/ask can cause them to trade at a premium or discount to net asset value–NAV.) We have always believed that the amount of premium/discount was an excellent indication of bullish or bearish excess. Unfortunately, last week that indicator was lost to us when Sprott Physical Gold Trust (PHYS) acquired GTU.
23 January, 2016 by The TZ Newswire Staff Comments Off on Putin Is Winning The Final Chess Match With Obama
Putin Is Winning The Final Chess Match With Obama
23 January, 2016 by The TZ Newswire Staff Comments Off on What Does It Mean When a Home Loan Has a Draw Period?
What Does It Mean When a Home Loan Has a Draw Period?
Hint: You get access to cash.