29 June, 2016 by The TZ Newswire Staff Comments Off on Brexit won’t break China’s economy Chinese markets
Brexit won’t break China’s economy Chinese markets
The UK’s decision to leave the European Union won’t strongly affect China’s economy, according to Leland Miller, co-founder and CEO of China Beige Book International
29 June, 2016 by The TZ Newswire Staff Comments Off on Adidas enters uncharted territory, going all in on Kanye West
Adidas enters uncharted territory, going all in on Kanye West
German sportswear giant Adidas is putting quite a lot of eggs in the Kanye West basket. The company announced on Wednesday a new long-term partnership that will include brick-and-mortar Yeezy retail hubs, new designs, and most noteworthy of all, sports performance gear. The ret…
29 June, 2016 by The TZ Newswire Staff Comments Off on Why there may be more pain ahead for US banks
Why there may be more pain ahead for US banks
Fitch Ratings’ Joo-Yung Lee says Brexit could weigh on U.S. global banks’ profitability.
29 June, 2016 by The TZ Newswire Staff Comments Off on That’s all, folks – the Brexit crisis is over
That’s all, folks – the Brexit crisis is over
On June 17, six days before Brits voted to leave the European Union, the S&P 500 index closed at 2,071. Stocks rallied during the week heading into the vote, as traders anticipated a “remain” outcome.
29 June, 2016 by The TZ Newswire Staff Comments Off on What Donald Trump gets wrong about NAFTA
What Donald Trump gets wrong about NAFTA
It’s true, as Donald Trump says, that Bill Clinton signed the North American Free Trade Agreement into law, in 1993, the first year of his presidency. Clinton did support NAFTA, but he basically inherited it from the 12-year Reagan-Bush regime. Trump, the likely GOP nominee for…
29 June, 2016 by The TZ Newswire Staff Comments Off on NYSE trader: Brexit? What Brexit?
NYSE trader: Brexit? What Brexit?
What we are witnessing right now is the quintessence of risk markets: true price discovery based on facts known at the moment.
29 June, 2016 by The TZ Newswire Staff Comments Off on How the US economy is affected by Brexit comes down to one thing
How the US economy is affected by Brexit comes down to one thing
The US economy and stock market has very little direct exposure to the UK economy. However, it does have one very significant indirect exposure that could pull its economy down.