2 June, 2016 by The TZ Newswire Staff Comments Off on More on Goldman Sachs shift to a negative view on Chinese Yuan
More on Goldman Sachs shift to a negative view on Chinese Yuan
I had the earlier headlines here: GS shift to a negative view on Chinese Yuan (from ‘cautious’)
The note is from Robin Brooks’ team at GS
– GS is noting the risk that as the yuan weakens capital outflow from China may accelerate again
More (bolding mine):
2 June, 2016 by The TZ Newswire Staff Comments Off on Aussie press: Economy’s ‘accelerating pattern of growth’ & ‘impending economic disaster’
Aussie press: Economy’s ‘accelerating pattern of growth’ & ‘impending economic disaster’
Two disparate articles in the Australian Financial Review today
First up, columnist Christopher Joye on the Q1 GDP:
In rationalising its May decision to slash the cash rate … the RBA claimed growth in 2016 was “more moderate” than that experienced in 2015 … Here is the sequence of year-on-year GDP growth numbers over the last four quarters:
2 June, 2016 by The TZ Newswire Staff Comments Off on FS Insider All-Time Greatest Hits (Kyle Bass, Felix Zulauf, George Gilder, Neil Howe and More)
FS Insider All-Time Greatest Hits (Kyle Bass, Felix Zulauf, George Gilder, Neil Howe and More)
Given the hundreds of interviews and podcasts we do here at Financial Sense, one of our subscribers requested we offer a “greatest hits” archive for our listeners. Here’s one we quickly put together of our weekday broadcasts, which are either timeless or prophetic…
2 June, 2016 by The TZ Newswire Staff Comments Off on Australia Services PMI (May): 51.5 (prior 49.7)
Australia Services PMI (May): 51.5 (prior 49.7)
Australian Industry Group Performances of Services Index for May
After spending 2 months in contraction, back into expansion
Key points from AiG:
– Of the five activity sub-indexes sales (51.7 points) and stocks (51.2 points) lifted into positive territory in May while new orders (55.3 points) continued its expansion. Deliveries (49.1 points) and employment (49.1 points) were both stable to slightly negative
2 June, 2016 by The TZ Newswire Staff Comments Off on The Disenfranching Of America – Ohio Moves To Block Voters Who Missed Previous Elections
The Disenfranching Of America – Ohio Moves To Block Voters Who Missed Previous Elections
In the latest attempt by a state to disenfranchise voters, Ohio residents are finding that if they haven’t voted in the past six years, they will be purged from the voting rolls.
2 June, 2016 by The TZ Newswire Staff Comments Off on Cramer Remix: Why the June swoon strategy doesn’t work
Cramer Remix: Why the June swoon strategy doesn’t work
Jim Cramer explained why silly rhymes could be preventing investors from finding opportunity.
2 June, 2016 by The TZ Newswire Staff Comments Off on A Tepid No Conviction Close Above 2100
A Tepid No Conviction Close Above 2100
The S&P 500 index closed at 2,105.26 on Thursday, topping the psychological 2,100 level for the first time since April 20. That round number has served as a resistance level for some time. During each of the last two days, the index crossed 2,100 on an intraday basis, before closing lower. Since August, it has […]
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