12 May, 2016 by The TZ Newswire Staff Comments Off on OPEC Politics: Russian King, Iranian Crown Prince?
OPEC Politics: Russian King, Iranian Crown Prince?
Submitted by Eugen von Bohm-Bawek via Bawerk.net,
Another month, another OPEC meeting beckons for 2nd June. But unlike typical meetings on the Danube (let alone dust filled haze of Doha), the producer group might just have a new King in town. It comes in the form of Russia; the number one global producer that’s not even technically a member of the cartel. Confused? Don’t be. The argument is quite simple.
12 May, 2016 by The TZ Newswire Staff Comments Off on bluebird bio Inc: Catnapping in Cambridge
bluebird bio Inc: Catnapping in Cambridge
bluebird bio (NASDAQ: BLUE) released earnings last week. Without any meaningful revenue, or much to fill in about the company’s pipeline, it was a sleepy first-quarter update for the Cambridge, Mass.-based biotech.
Metric
12 May, 2016 by The TZ Newswire Staff Comments Off on "The RBA has lost the plot" "The RBA has no idea" :""These guys are mad"
"The RBA has lost the plot" "The RBA has no idea" :""These guys are mad"
What is it the kids say? “Tell us what you really think!
Here’s a piece in the Australian Financial Review with the columnist telling us what he really thinks of the RBA rate cut:
12 May, 2016 by The TZ Newswire Staff Comments Off on Off The Cuff: We Need Money We Can Trust
Off The Cuff: We Need Money We Can Trust
12 May, 2016 by The TZ Newswire Staff Comments Off on Fed Nemesis & Mysterious Treasury Bond Buyer Exposed
Fed Nemesis & Mysterious Treasury Bond Buyer Exposed
The monotonous drone from The Eccles Building continues to pontificate that bond bulls are fools but stock buyers are the smart ones for the miracle hockey-stick of Keynesian dreams is just around the corner and rate-hikes right along with it. Three decades of factual dismissal of this bullshit propaganda are of course proving that line of reasoning simply false and while Rosengren, Bullard, et al. bloviate that ‘investors’ should be selling bonds, it is shockingly ironic that their bond-buying nemesis is Mrs.
12 May, 2016 by The TZ Newswire Staff Comments Off on 6 Things To Never Buy at Costco or Sam’s Club
6 Things To Never Buy at Costco or Sam’s Club
Paying a membership fee to join Costco (NASDAQ: COST) or Wal-Mart’s (NYSE: WMT) Sam’s Club makes it tempting to shop at the warehouse clubs as often as possible.
Since you have paid the price of admission ($55 a year for Costco and $45 for Sam’s Club), it seems logical to think that the more often you take advantage of it, the more you’ll save. Still, there are traps to avoid. Even though these clubs have good prices on most items, they are not the cheapest choice for everything they sell.
12 May, 2016 by The TZ Newswire Staff Comments Off on AUD approaching decent bids around 0.7300 … but …
AUD approaching decent bids around 0.7300 … but …
There are still bids at 0.7300 and thereabouts
– A decent amount is option-related
– Holding the AUD/USD at present
– Some of the bids that were there, though, have been lowered a little
Also – there are stops below the 00 and more below 7290. These do appear vulnerable … for the time being though 00 and just ahead of there is holding.