31 July, 2016 by The TZ Newswire Staff Comments Off on China official Manufacturing PMI: 49.9 (expected 50.0, prior 50.0) & Services: 53.9 (prior 53.7)
China official Manufacturing PMI: 49.9 (expected 50.0, prior 50.0) & Services: 53.9 (prior 53.7)
China manufacturing and non-manufacturing PMIs for July
… those were slow to come out of China today
More:
Manufacturing PMI 49.9
– Expected 50.0, prior 50.0
Services: 53.9
31 July, 2016 by The TZ Newswire Staff Comments Off on Australia – HIA New Home Sales for June: +8.2% m/m (prior -4.4%)
Australia – HIA New Home Sales for June: +8.2% m/m (prior -4.4%)
Australia’s Housing Industry Association New Home Sales data for June
Bouncy
– Follows 2 months of weakness
– Detached home sales +7.2%
– Apartment sales +11.5%
A welcome sign for the residential housing construction industry, which has been doing some can carrying since the mining investment capex cliff has slowed employment growth in that sector.
31 July, 2016 by The TZ Newswire Staff Comments Off on If You Disagree With This Harvard Economist You May Be Stupid And A Racist
If You Disagree With This Harvard Economist You May Be Stupid And A Racist
Shocked by the inexplicable realization that Americans are stubbornly unwilling to bow down and blindly accept the political and economic views of the educated elites in this country, Harvard Professor Gregory Mankiw recently took to the New York Times to pen an oped where he concluded that the only possible reason for the lack of conformity to his point of view is the stupidity and racism of the electorate. An article by Adam Button at read more
31 July, 2016 by The TZ Newswire Staff Comments Off on Ron Suber on Marketplace Lending (Video)
Ron Suber on Marketplace Lending (Video)
Earlier this month during a swing through Asia, Ron Suber, President of Prosper, visited the studios of CNBC from Hong Kong. Always on message, Suber explained the insatiable search for yield from all around the world in this historically low interest rate environment that… Read More
31 July, 2016 by The TZ Newswire Staff Comments Off on Moody’s: EU Banks broadly resilient to EBA’s severe scenario in 2016 stress tests
Moody’s: EU Banks broadly resilient to EBA’s severe scenario in 2016 stress tests
More from Moody’s
Reading through the report brings this non-surprise:
But:
31 July, 2016 by The TZ Newswire Staff Comments Off on 2 Dividend Stocks to Avoid (and 1 to Buy)
2 Dividend Stocks to Avoid (and 1 to Buy)
Image source: Getty Images.
These days, it’s tough to be a senior citizen approaching retirement. In the past, you could count on safe government bonds to help maintain your nest egg by yielding at least a few percentage points. Not so anymore: Yields have now gone negative on 10-year U.S. Treasuries.
31 July, 2016 by The TZ Newswire Staff Comments Off on Federal team begins probe of deadly Texas balloon crash
Federal team begins probe of deadly Texas balloon crash
U.S. safety investigators Texas began gathering evidence into what caused the crash of a hot air balloon that killed 16 after it hit a power line.