29 April, 2016 by The TZ Newswire Staff Comments Off on Buffett: Don’t put too much stock in Icahn’s ‘reckoning’ warning
Buffett: Don’t put too much stock in Icahn’s ‘reckoning’ warning
The prognostication from Carl Icahn about a market “reckoning” should not be taken as gospel, Warren Buffett tells CNBC.
29 April, 2016 by The TZ Newswire Staff Comments Off on March 2016 Italian PPI 0.2% vs -0.4% prior m/m – late as usual
March 2016 Italian PPI 0.2% vs -0.4% prior m/m – late as usual
Details of the March 2016 Italian PPI data report 29 April 2016
Bit of discrepancy as the -3.4% y/y is from Reuters and Bloomers is reporting -3.9%. Not that anyone really cares.
29 April, 2016 by The TZ Newswire Staff Comments Off on Darrell Delamaide’s Political Capital: The new Donald Trump can beat Hillary Clinton
Darrell Delamaide’s Political Capital: The new Donald Trump can beat Hillary Clinton
Donald Trump is rebranding himself as a serious statesman, which means he could beat the unlikable Hillary Clinton to win the presidency in November, writes Darrell Delamaide.
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29 April, 2016 by The TZ Newswire Staff Comments Off on Market Snapshot: Amazon set to roar as Wall Street tries for a higher open
Market Snapshot: Amazon set to roar as Wall Street tries for a higher open
Amazon and LinkedIn were set to soar on Friday, climbing in premarket, while broader markets hinted of moderate gains at the start.
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29 April, 2016 by The TZ Newswire Staff Comments Off on Why the ‘sell in May’ mantra doesn’t hold up to history
Why the ‘sell in May’ mantra doesn’t hold up to history
Instead, a better — but less catchy — mantra may be “stay in May and sell in June.”
29 April, 2016 by The TZ Newswire Staff Comments Off on March 2016 UK mortgage approvals 71,357 vs 74,500 exp
March 2016 UK mortgage approvals 71,357 vs 74,500 exp
Details of the March 2016 UK mortgage and consumer credit data report 29 April 2016
Even though applications were down, that big jump in mortgage lending is likely to be due to the stamp duty effect I highlighted just before the release.
29 April, 2016 by The TZ Newswire Staff Comments Off on Pound stutters ahead of UK finance data
Pound stutters ahead of UK finance data
GBPUSD knocking around 1.4600 as we head to the data
The data’s not huge so I doubt it’s nerves ahead of it that’s sending the pound lower. We get the mortgage data for March which might hold some surprises as we could see a jump due to everyone rushing to beat the new stamp duty rules that came in.