18 February, 2016 by The TZ Newswire Staff Comments Off on If You Like Your Constitution, You Can Keep It…
If You Like Your Constitution, You Can Keep It…
18 February, 2016 by The TZ Newswire Staff Comments Off on 2016 Is Off To A ‘Good’ Start
2016 Is Off To A ‘Good’ Start
If bad news is good news again (which judging by Bullard’s bullshit overnight it is), then 2016 is off to a ‘great’ start…
Charts: @Not_Jim_Cramer
What did you do Janet?
18 February, 2016 by The TZ Newswire Staff Comments Off on Joel Gluck buys large South Bronx affordable complex for $67M
Joel Gluck buys large South Bronx affordable complex for $67M
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18 February, 2016 by The TZ Newswire Staff Comments Off on P2P Site That Financed San Bernardino Massacre Hikes Rates Citing "Turbulent Markets"
P2P Site That Financed San Bernardino Massacre Hikes Rates Citing "Turbulent Markets"
“Peer-to-peer lending is probably a bad idea,” we wrote, earlier this month. “Securitizing peer-to-peer loans is definitely a bad idea,” we added.
The P2P space has witnessed monumental growth over the past several years. P2P platforms lent over $12 billion in 2015 alone and as we documented last summer, Wall Street is supercharging the space by securitizing the loans.
18 February, 2016 by The TZ Newswire Staff Comments Off on Bronx borough president kickstarts $40M redevelopment of Orchard Beach pavilion
Bronx borough president kickstarts $40M redevelopment of Orchard Beach pavilion
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18 February, 2016 by The TZ Newswire Staff Comments Off on Forget "The Great Moderation", This Is "The Great Intellectual Failure"
Forget "The Great Moderation", This Is "The Great Intellectual Failure"
Via Scotiabank’s Guy Haselmann,
A well-known central banker once said to me, “if you don’t have a Plan B, then you don’t have a plan”. When he spoke those words over a year ago, he was referring to the Fed’s lack of an exit strategy from zero rates and its QE-swollen balance sheet. He was telling me that the Fed was so focused on bettering ‘today’ through aggressive stimulus that it could not worry about ‘tomorrow’. He speculated that central banks were “terrified of looking as if they were doing too little”.
18 February, 2016 by The TZ Newswire Staff Comments Off on Johnson & Johnson Stock Trades Ex-Dividend (JNJ)
Johnson & Johnson Stock Trades Ex-Dividend (JNJ)
Despite the currency headwinds and its business transition, Johnson & Johnson — beyond its dividend — remains a solid long-term bet.