4 July, 2016 by The TZ Newswire Staff Comments Off on Are voters sending a message?
Are voters sending a message?
You see a lot of recent talk about the message being sent by voters, especially in the US and Europe. For instance, both the Trump phenomenon and Brexit are widely seen as a revolt of the struggling working class against the affluent elites. Like many generalizations, there is a grain of truth here. But I find the mountain of non-truth to be much more interesting.
For instance, Trump is likely to win a majority among affluent voters, while Brexit also did well affluent southern English counties, outside of London. So it’s not just economics. Each voter has their own reasons.
4 July, 2016 by The TZ Newswire Staff Comments Off on Could Intel’s New Cloud Computing Efforts Cast a Shadow Over NVIDIA?
Could Intel’s New Cloud Computing Efforts Cast a Shadow Over NVIDIA?
Image source: Getty Images.
Wells Fargo analyst David Wong recently wrote in an investor note that NVIDIA (NASDAQ: NVDA) could face some increased cloud computing competition from Intel (NASDAQ: INTC).
4 July, 2016 by The TZ Newswire Staff Comments Off on Silver Goes Ballistic
Silver Goes Ballistic
Since Brexit, Silver has rallied significantly and Monday, July 4th is no exception.
While the US markets are on vacation, the Canadians are jumping on the precious metals bandwagon.
Here is a chart of Silver Wheaton (SLW.TO). It has soared more than 30% since Brexit.
4 July, 2016 by The TZ Newswire Staff Comments Off on It’s The Fourth Of July! Why Am I Sad?
It’s The Fourth Of July! Why Am I Sad?
4 July, 2016 by The TZ Newswire Staff Comments Off on USD/JPY likely to bounce before next risk-off move – SocGen
USD/JPY likely to bounce before next risk-off move – SocGen
Trade USD/JPY Summer Relief – SocGen
From Societe General:
USD/JPY likely to bounce before next risk-off move. Summer could be quieter with delayed risks.
Financial markets experienced severe dislocations around the Brexit vote. The pulse of the price action is gradually normalising as the effects of the shockwave gradually dissipate. In our view, risk aversion is likely to step back further in the coming weeks, leaving investors time to digest the ‘leave’ vote.
4 July, 2016 by The TZ Newswire Staff Comments Off on Standard Life freezes U.K. property fund after Brexit vote
Standard Life freezes U.K. property fund after Brexit vote
Standard Life Investments has frozen its U.K.
4 July, 2016 by The TZ Newswire Staff Comments Off on GoPro’s Biggest Rival Just Went Bankrupt
GoPro’s Biggest Rival Just Went Bankrupt
Wearable camera maker iON Worldwide was once GoPro‘s (NASDAQ: GPRO) largest rival. iON controlled 12% of the global action camera market in 2014, according to IDC, compared to GoPro’s 48% share and Sony‘s (NYSE: SNE) approximate 8% share. However, iON recently filed for bankruptcy, stating that its revenue declined from $25 million to $12.4 million between 2014 and 2015, and that it was $15 million in debt.
