23 January, 2016 by The TZ Newswire Staff Comments Off on 700 Days In No Man’s Land – Why They Can’t Keep It Up
700 Days In No Man’s Land – Why They Can’t Keep It Up
Submitted by David Stockman via Contra Corner blog,
This week brought another reason to get out of the casino, and to sell it short if you can tolerate some volatility.
On Friday the Japanese stock market ripped 6% higher and the European bourses were up 5% because their respective central bankers emitted some hints of more easing just ahead. Even the US market managed to find green for the week.
23 January, 2016 by The TZ Newswire Staff Comments Off on Please Don’t Call It the "iPhone 5se," Apple
Please Don’t Call It the "iPhone 5se," Apple
Apple might be about to complicate its iPhone naming conventions even further.
23 January, 2016 by The TZ Newswire Staff Comments Off on This playoff team sets pay equality gold standard
This playoff team sets pay equality gold standard
One of the most successful teams in the NFL is also the most equal in pay, CNBC found.
23 January, 2016 by The TZ Newswire Staff Comments Off on Calais On Lockdown After 100s Of Migrants Storm UK-Bound Ferry
Calais On Lockdown After 100s Of Migrants Storm UK-Bound Ferry
Coinciding with UK’s Labor leader Jeremy Corbyn’s arrival at the French refugee camps, Sky News reports the port of Calais has been temporarily closed as 100s of migrants stormed on to a ship in the hope of reaching the UK. About 50 migrants are thought to have made their way on to a P&O-operated vessel called Spirit of Britain, and police are at the scene and have reportedly deployed water cannons to break up the crowds of protesters.
23 January, 2016 by The TZ Newswire Staff Comments Off on Ex-drug CEO Shkreli asks U.S.court to consider blocking subpoena
Ex-drug CEO Shkreli asks U.S.court to consider blocking subpoena
Lawyers for former pharmaceuticals executive Martin Shkreli have asked a U.S. federal judge for guidance on a demand by lawmakers that Shkreli appear at a hearing on Tuesday, writing that if travel restrictions on him are not lifted, the congressional subpoena should be blocked. Lawyers for Shkreli sent a letter to U.S. District Judge Kiyo Matsumoto in Brooklyn late on Friday laying out the conflict between them and the U.S. House Committee on Oversight and Government Reform over Shkreli’s attendance.
23 January, 2016 by The TZ Newswire Staff Comments Off on The End Is Nigh For The Fed’s "Bubble Epoch"
The End Is Nigh For The Fed’s "Bubble Epoch"
Submitted by Bill Bonner of Bonner & Partners (annotated by Acting-Man’s Pater Tenebrarum),
Market Mythology
Twice in the last 15 years, markets have tried to correct the mistakes and excesses of the Bubble Epoch.
23 January, 2016 by The TZ Newswire Staff Comments Off on Officials call for property tax overhaul
Officials call for property tax overhaul
The record-setting apartment at One57, which sold for over $100 million, is valued at just $8.1 million by the city.
Deputy Finance Commissioner Michael Hyman told a hearing of the Assembly Committee on Real Property Taxation Friday that NYC’s property tax system is “broken” and is costing the city millions.