26 May, 2016 by The TZ Newswire Staff Comments Off on John Prestbo’s Indexed Investor: How to use the Dow Industrials to your best advantage
John Prestbo’s Indexed Investor: How to use the Dow Industrials to your best advantage
After 120 years, the Dow Jones Industrial Average is as relevant as ever, writes John Prestbo.
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26 May, 2016 by The TZ Newswire Staff Comments Off on Italian wages flatter than Piadina in April
Italian wages flatter than Piadina in April
Latest Italian hourly wage data
This chart highlights the magnitude of the problems still facing Europe. One of the reasons the Fed and BOE are holding back on hikes is because of weak wage growth, and that’s in economies with half decent growth. The Eurozone are still trying to come to terms with kick starting their economies, let alone worrying about wages.
26 May, 2016 by The TZ Newswire Staff Comments Off on Chuck Jaffe: This mutual fund giant could give the ETF business a run for your money
Chuck Jaffe: This mutual fund giant could give the ETF business a run for your money
Mutual fund giant Fidelity Investments is looking to shake up the ETF business with a line of ‘smart-beta’ products, writes Chuck Jaffe.
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26 May, 2016 by The TZ Newswire Staff Comments Off on The Moneyologist: My father hit his head and died. I suspect my stepmother
The Moneyologist: My father hit his head and died. I suspect my stepmother
After this man died his widow blocked his family on Facebook.
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26 May, 2016 by The TZ Newswire Staff Comments Off on Europe Markets: European shares waver as Spanish banks slide, oil stocks rise
Europe Markets: European shares waver as Spanish banks slide, oil stocks rise
Spanish banks are under pressure as Banco Popular Español plunges, but energy shares get a boost as Brent crude recaptures the $50-a-barrel level.
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26 May, 2016 by The TZ Newswire Staff Comments Off on Germany’s Schaeuble repeats that Brexit would cause "immense damage" to Europe
Germany’s Schaeuble repeats that Brexit would cause "immense damage" to Europe
German finance minister out on Reuters repeating previous concerns 26 May
– certain that IMF will back Greece deal
– Russian sanctions unlikely to end soon
Another reminder from Mr Happy, as we’ve pointed out here a few times, that Brexit has consequences for Europe as much/more than it does for UK.
26 May, 2016 by The TZ Newswire Staff Comments Off on Pound takes a spill as reality bites
Pound takes a spill as reality bites
Market remembers what the fundamentals look like through the Brexit fog
GDP revisions are not usually a big market mover unless it’s a big mover itself. The pound has fallen off its perch above 1.4700 to 1.4677, briefly slipping below intraday support at 1.4685/90.