15 August, 2016 by The TZ Newswire Staff Comments Off on Peter Schiff Explains How Central Banks Are Choking Productivity
Peter Schiff Explains How Central Banks Are Choking Productivity
Submitted by Peter Schiff via Euro Pacific Capital,
If the Economy were a car, productivity would be the engine. Heated seats, on-demand 4-wheel drive and light-sensitive tinted windshields, are all very nice. But they mean little if the engine doesn’t turn and the car just sits in the driveway. The latest productivity data from the Commerce Department confirms that our economic engine is sputtering.
15 August, 2016 by The TZ Newswire Staff Comments Off on Pentagon anounces single largest transfer of inmates out of Guantanamo prison
Pentagon anounces single largest transfer of inmates out of Guantanamo prison
Officials said 15 Guantanamo inmates were transferred to the United Arab Emirates, the largest transfer during President Obama’s administration.
15 August, 2016 by The TZ Newswire Staff Comments Off on US equity market – $35bn stock halted on manipulation concerns
US equity market – $35bn stock halted on manipulation concerns
If the over the counter equity market didn’t exist, we’d have to invent it, even if just for entertainment value.
It’d make a perfect LOLZy ‘reality show’, much like the US presidential race this year.
15 August, 2016 by The TZ Newswire Staff Comments Off on Obama Ships 15 Guantanamo Prisoners To Emirates In Largest Ever Gitmo Inmate Transfer
Obama Ships 15 Guantanamo Prisoners To Emirates In Largest Ever Gitmo Inmate Transfer
In the latest move set to infuriate Republicans, moments ago U.S. officials announced that on Monday, 15 inmates from the Guantanamo prison were transferred to the United Arab Emirates, the single largest transfer of Guantanamo detainees during Obama’s administration. Following the transfer of the 12 Yemeni and three Afghan citizens, the total number of detainees at Guantanamo Bay naval base will drop to 61. Most have been held without charge or trial for more than a decade, drawing international condemnation.
15 August, 2016 by The TZ Newswire Staff Comments Off on Is The "Reach For Yield" Turning Into a "Flight To Quality"?
Is The "Reach For Yield" Turning Into a "Flight To Quality"?
We have frequently discussed the “reach for yield” trade as “lower-for-longer” global interest rate policies have forced investors to seek higher yield through a shift to longer duration and/or lower credit quality. Pensions and insurance firms have been a big part of the tightening on the long end of the curve as they seek to match asset duration with their long-term liabilities…a never ending feedback loop where lower yields result in more forced buying and even lower yields.
15 August, 2016 by The TZ Newswire Staff Comments Off on Australia – ANZ Roy Morgan weekly Consumer Sentiment: 117.6 (prior was 114.7)
Australia – ANZ Roy Morgan weekly Consumer Sentiment: 117.6 (prior was 114.7)
ANZ Roy Morgan weekly Consumer Sentiment for the week ended August 14 (when Australia was still doing well at the Ahlympicks)
– Up 2.5% on the week
– Well above its long run average
15 August, 2016 by The TZ Newswire Staff Comments Off on Shorts Throw In The Towel: S&P Short Interest Tumbles To Three Year Lows
Shorts Throw In The Towel: S&P Short Interest Tumbles To Three Year Lows
Earlier today, we showed Barclays’ calculation how, in a market in which there have been a gargantuan $128 billion in stock outflows YTD, the stock market has seen an unprecedented surge higher.