27 June, 2016 by The TZ Newswire Staff Comments Off on Bill Gross says odds of a U.S. recession may be as high as 50 %
Bill Gross says odds of a U.S. recession may be as high as 50 %
Bill Gross, manager of the Janus Global Unconstrained Bond Fund, reported by Bloomberg
27 June, 2016 by The TZ Newswire Staff Comments Off on "Brexit" – What Goldman Thinks Will Happen Next, And Who Will Hold The Next Referendum
"Brexit" – What Goldman Thinks Will Happen Next, And Who Will Hold The Next Referendum
Considering Goldman’s abysmal forecasting track record continues to plumb new lows (just today it predicted a Spain victory of Italy, and an England victory over Iceland, both tragically wrong), the following should perhaps be best used as an indicator of what will not happen. Still, since there are a lot of remaining Brexit question, we hope that the following at least provides a useful framework for how to approach the :”known unknowns”, if not so much the unknown unknown ones.
27 June, 2016 by The TZ Newswire Staff Comments Off on "Oil prices rise on looming Norway strike, but Brexit still weighs"
"Oil prices rise on looming Norway strike, but Brexit still weighs"
Reuters with a recap of recent oil market news:
A looming strike in Norway threatened to cut output in western Europe’s biggest producer
– About 755 Norwegian workers on seven oil and gas fields could go on strike from Saturday (they are seeking a new wage deal by Saturday)
27 June, 2016 by The TZ Newswire Staff Comments Off on Alphabet Inc: Watch out Apple Inc. (AAPL), GOOG Plans to Build Its Own Smartphone
Alphabet Inc: Watch out Apple Inc. (AAPL), GOOG Plans to Build Its Own Smartphone
This article is published in collaboration with Scutify, where you can
find real-time markets a
27 June, 2016 by The TZ Newswire Staff Comments Off on Nope, This Company Isn’t the "Next Apple"
Nope, This Company Isn’t the "Next Apple"
Could Taiwanese smartphone maker HTC become the next Apple (NASDAQ: AAPL)? Goldman Sachs analyst Wei Chen, who claims that the stock has over 40% upside from current levels, believes that it could happen.
27 June, 2016 by The TZ Newswire Staff Comments Off on Some Bad And Some Worse News For Stock Buybacks
Some Bad And Some Worse News For Stock Buybacks
For those 17-year-old hedge fund managers used to BTFD on hopes corporate buybacks will “have their back” and provide the bid on which momentum-chasing HFT algos will piggyback, we have some bad news and some worse news.
27 June, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY central rate at 6.6528 (vs. yesterday at 6.6375)
PBOC sets USD/CNY central rate at 6.6528 (vs. yesterday at 6.6375)
People’s Bank of China yuan reference rate for today
Also, in Open Market operations: PBOC injects 180bn yuan via 7-day reverse repos
Another big injection
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