6 February, 2016 by The TZ Newswire Staff Comments Off on North Korea Launches Long-Range Rocket
North Korea Launches Long-Range Rocket
After “preparing” for over a week, moments ago at 00:31 UTC time, North Korea – which has failed to shock the world with some “news” for over a month when it tested a “hydrogen” bomb which according to experts was anything but – launched a long-range rocket which some say is being used as a cover for banned missile test. North Korea has called the launch an attempt to “peacefully launch a satellite.” Japan, however, is not happy as according to initial reports, it flew over its airspace in proximity to Okinawa.
6 February, 2016 by The TZ Newswire Staff Comments Off on Nasdaq May Be On Verge Of Breakdown
Nasdaq May Be On Verge Of Breakdown
It’s never a good sign to see the Nasdaq leading the rest of the market lower, which it did this week. A -3% plunge on Friday (and a -5% loss for the week) made it the weakest of the major market indexes. Heavy selling in software and internet stocks were especially troubling. So is its chart pattern. The weekly bars in the chart below show theNasdaq Composite bearing down on its January and August lows. On a closing basis, the Nasdaq is already at the lowest level in more than a year.
6 February, 2016 by The TZ Newswire Staff Comments Off on In Rocky Times Earnings REALLY Matter
In Rocky Times Earnings REALLY Matter
In the best of times companies see their stock prices rewarded or punished based on earnings results. Even when a company misses its earnings per share or revenue forecasts by just a small amount it can have a meaningful, negative impact on its stock price. But when the market is highly volatile and on pins and needles like the US market has been all year long, missing estimates or guiding lower for the future can be devastating for a company’s stock price.
6 February, 2016 by The TZ Newswire Staff Comments Off on The "Minimum Wage" Surged In 6 Cities Last Year; Then This Happened
The "Minimum Wage" Surged In 6 Cities Last Year; Then This Happened
Submitted by Jed Graham via Investors.com,
Hiring at restaurants, hotels and other leisure and hospitality sector venues slowed markedly last year in metro areas that saw big minimum-wage hikes, new Labor Department data show.
Wherever cities implemented big minimum-wage hikes to $10 an hour or more last year, the latest data through December show that job creation downshifted to the slowest pace in at least five years.
6 February, 2016 by The TZ Newswire Staff Comments Off on Ukraine Bonds Crash After Economy Minister Resigns Over "High-Level Corruption"
Ukraine Bonds Crash After Economy Minister Resigns Over "High-Level Corruption"
While the rest of the world’s bond yields are collapsing and prices soaring (as NIRP sweeps the globe), Ukraine’s ‘young’ implicitly-US-taxpayer-backed bonds have plunged to record lows. The reason – aside from simply disturbing economics…
6 February, 2016 by The TZ Newswire Staff Comments Off on You Get What You Deserve
You Get What You Deserve
6 February, 2016 by The TZ Newswire Staff Comments Off on How Did The World Get This Way?
How Did The World Get This Way?
Submitted by Jeffrey Snider via Alhambra Investment Partners,
How did the world get this way? I don’t mean the oncoming recession, if that is indeed, as it appears, the economy’s fate. How did the payroll statistics ever attain this kind of deference and even religious zeal?