The Traderszone Network

25 June, 2016 by The TZ Newswire Staff Comments Off on Matt Lauer revealed as buyer of Richard Gere’s Hamptons compound

Matt Lauer revealed as buyer of Richard Gere’s Hamptons compound

“Today” anchor Matt Lauer has been identified as the mystery buyer of actor Richard Gere’s sprawling North Haven compound. Sources for the New York Post discovered that Lauer was the buyer of the 12-bedroom mansion. Known as Strongheart Manor, the 6.2-acre North Haven compound hit the market in 2013 asking $65 million. It struggled to find a buyer and underwent several price chops and broker swaps. Its most recent asking price was $36.5 million.

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25 June, 2016 by The TZ Newswire Staff Comments Off on NewsWatch: Likely futile U.K. petition for 2nd Brexit referendum tops 2 million

NewsWatch: Likely futile U.K. petition for 2nd Brexit referendum tops 2 million

More than two million people have signed a petition as of Saturday urging a second EU referendum after a member of parliament called on the government to refuse to ratify the Brexit.
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25 June, 2016 by The TZ Newswire Staff Comments Off on Brexit is ‘the gift that keeps on giving’ for a cornered Fed: Schiff

Brexit is ‘the gift that keeps on giving’ for a cornered Fed: Schiff

Relentless Fed critic Peter Schiff explained to CNBC why the U.K.’s vote on Europe may give the Fed cover in managing rate expectations.

25 June, 2016 by The TZ Newswire Staff Comments Off on Central bank leaders commit to monitor market fallout from Brexit

Central bank leaders commit to monitor market fallout from Brexit

Central bankers meeting in Basel said they would keep a close eye on fallout from the U.K.’s decision to leave the European Union, and will cooperate as needed, Mexico’s central bank governor said Saturday.
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25 June, 2016 by The TZ Newswire Staff Comments Off on George Soros: "Brexit Makes EU Disintegration Irreversible"

George Soros: "Brexit Makes EU Disintegration Irreversible"

Just four days ago, the “big guns” when George Soros wrote a Guardian op-ed titled  “The Brexit crash will make all of you poorer – be warned” in which he said that “as opinion polls on the referendum result fluctuate, I want to offer a clear set of facts, based on my six decades of experience in financial markets, to help voters understand the very real consequences of a vote to leave the EU.” We promptly countered that Soros’ set of “facts” may be clo

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25 June, 2016 by The TZ Newswire Staff Comments Off on 3 Serious Problems With the 4% Retirement Rule

3 Serious Problems With the 4% Retirement Rule

Elderly Worried

Image source: Getty Images.

In the early 1990s, William Bengen, having just sold off his family’s soda bottling business, moved to southern California to open a financial planning service. With a degree from MIT and a background in aeronautics and astronautics, he was a fool for numbers. So when his clients started asking how much of their nest egg they could draw down every year, he started doing the math.

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25 June, 2016 by The TZ Newswire Staff Comments Off on China: Shadow banking probe, and cuts to Taiwan communication

China: Shadow banking probe, and cuts to Taiwan communication

A post that isn’t about Brexit, so I know it’ll be read by no one. I can put in rude pics and everything and they’ll be none the wiser!
Some China weekend news: