27 July, 2016 by The TZ Newswire Staff Comments Off on Richard Koo: If Helicopter Money Succeeds, It Will Lead To 1,500% Inflation
Richard Koo: If Helicopter Money Succeeds, It Will Lead To 1,500% Inflation
After today’s uneventful Fed announcement, all eyes turn to the BOJ where many anticipate some form of “helicopter money” is about to be unveiled in Japan by the world’s most experimental central bank.
However, as Nomura’s Richard Koo warns, central banks may get much more than they bargained for, because helicopter money “probably marks the end of the road for believers in the omnipotence of monetary policy who have continued to press for further accommodation in the midst of a balance sheet recession, when such policies simply cannot work.”
27 July, 2016 by The TZ Newswire Staff Comments Off on Dollar slips after Fed, safe-haven yen gains ahead of BOJ
Dollar slips after Fed, safe-haven yen gains ahead of BOJ
The dollar took a step back after the Fed stopped short of signalling a near-term rate rise, while the yen gained.
27 July, 2016 by The TZ Newswire Staff Comments Off on What Is Phase 3 Drug Testing?
What Is Phase 3 Drug Testing?
It takes years of testing for a new drug to be approved by the FDA and then made available to the public. By the time a drug reaches its third stage of testing, it has already been deemed safe and reasonably effective at treating the condition it’s designed for. Phase 3, however, represents a pivotal point in a drug’s testing life cycle. It is the final and most comprehensive test a drug must pass before it can be sold.
27 July, 2016 by The TZ Newswire Staff Comments Off on Goldman Sachs on the BOJ announcement and what the yen will do after
Goldman Sachs on the BOJ announcement and what the yen will do after
What will the yen do after the Bank of Japan announcement tomorrow?
For that matter, what’s it going to do now in the lead up?
Here’s the view from Goldman Sachs, both on the fiscal package and the BOJ (bolding mine). Its focused on the stock market reaction, but I think we can imply the yen moves from this anyway:
27 July, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: FTC give go-ahead for Mylan’s $7.2 billion purchase of Meda
The Wall Street Journal: FTC give go-ahead for Mylan’s $7.2 billion purchase of Meda
Mylan NV has received U.S.
27 July, 2016 by The TZ Newswire Staff Comments Off on "Real, Imminent Threat" That Next World War Will Be Initiated By First Strike EMP Weapon
"Real, Imminent Threat" That Next World War Will Be Initiated By First Strike EMP Weapon
27 July, 2016 by The TZ Newswire Staff Comments Off on Asia markets open mixed, ahead of earnings, BOJ meeting
Asia markets open mixed, ahead of earnings, BOJ meeting
Asia markets opened mixed, ahead of another earnings-heavy day and the start of the Bank of Japan’s policy meeting.