10 August, 2016 by The TZ Newswire Staff Comments Off on Even Reuters Gets It: "Money-Printing Has Pushed Stocks Out Of Kilter With Economic Reality"
Even Reuters Gets It: "Money-Printing Has Pushed Stocks Out Of Kilter With Economic Reality"
It appears that the world’s central-scammers have finally gone too far. In a shockingly Zero-Hedge-ian statement, Reuters is forced to admit that “spooked by the end of a 30-year bond bull run and bouts of money printing which have pushed stock values out of kilter with economic reality,” high-profile investors are turning their backs on financial assets and favoring real assets.
10 August, 2016 by The TZ Newswire Staff Comments Off on DEA to reject call to loosen marijuana’s ‘dangerous drug’ designation
DEA to reject call to loosen marijuana’s ‘dangerous drug’ designation
More research will be allowed into marijuana in the U.S., but will reject requests to loosen the drug’s classification.
10 August, 2016 by The TZ Newswire Staff Comments Off on Australian bank bad loan concerns ticking higher
Australian bank bad loan concerns ticking higher
Earlier this week we got full year results for one of Australia’s biggest banks, Commonwealth Bank
In which a topic of concern was raised … bad loan provisions; for example:
10 August, 2016 by The TZ Newswire Staff Comments Off on Paul Craig Roberts Exposes "The Stench Of Raw Propaganda"
Paul Craig Roberts Exposes "The Stench Of Raw Propaganda"
Authored by Paul Craig Roberts,
I just heard the rawest kind of propaganda from former presstitute David Satter, who hangs out at the right-wing Hudson Institute and pretends to be an expert on Russia and Putin.
10 August, 2016 by The TZ Newswire Staff Comments Off on RBNZ says it cut b/c of exchange rate pressures on the economy
RBNZ says it cut b/c of exchange rate pressures on the economy
RBNZ Governor Wheeler speaking to a parliamentary committee:
– Says its monetary policy tools are working
– It cut rate because of exchange rate pressures on the economy
more to come
10 August, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Ex-NFL player and business partner accused of bilking investors
The Wall Street Journal: Ex-NFL player and business partner accused of bilking investors
A former National Football League linebacker and his business partner have been charged with defrauding investors, including coaches the player knew from his time at Fork Union Military Academy and the University of Virginia.
read more
10 August, 2016 by The TZ Newswire Staff Comments Off on PBOC sets USD/CNY mid-point today at 6.6255 (vs. yesterday at 6.6530)
PBOC sets USD/CNY mid-point today at 6.6255 (vs. yesterday at 6.6530)
PBOC inject 100bn yuan through 7-day reverse repos in open market operations (OMOs) today
Stronger fixing for the CNY today (against the USD)
–
it was a year ago today the PBOC sharply devalued the yuan at the daily fix. Not today though!