28 August, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: South Africa business empire to be sold off amid graft allegations
The Wall Street Journal: South Africa business empire to be sold off amid graft allegations
Political shock waves roiling South Africa’s economy continued to reverberate, with news that a controversial business family linked to President Jacob Zuma would sell all its assets in the country and reports that the finance minister would this week be charged for graft.
read more
28 August, 2016 by The TZ Newswire Staff Comments Off on The Wall Street Journal: German official says trans-Atlantic trade pact negotiations have failed
The Wall Street Journal: German official says trans-Atlantic trade pact negotiations have failed
Germany’s Vice Chancellor Sigmar Gabriel warned that negotiations to build a vast trans-Atlantic free-trade zone have failed, casting fresh doubt on a sweeping deal that has faced growing criticism as anti-globalization sentiment gained traction on both sides of the Atlantic.
read more
28 August, 2016 by The TZ Newswire Staff Comments Off on Hedge Funds Are "All In" Again
Hedge Funds Are "All In" Again
As noted earlier this week, the market hit a new high (or is that low) in complacency earlier this week when we reported that August has seen the least volatility since 1995. Goldman’s David Kostin picks up on this theme in his latest letter and writes that “the current streak of market stability represents the longest period without a 1%+/- daily move since the summer of 2014. Volatility has been similarly subdued with the VIX at 14.”
28 August, 2016 by The TZ Newswire Staff Comments Off on Perspective: Steven Dresner of Dealflow Discusses Upcoming NYC Crowdfunding Event
Perspective: Steven Dresner of Dealflow Discusses Upcoming NYC Crowdfunding Event
Steven Dresner of Dealflow.com is one of the regular suspects in the online capital formation sector. He has been an active voice and participant in the shift to leverage the power of the internet to make capital formation more efficient. Working with broker-dealers and other… Read More
28 August, 2016 by The TZ Newswire Staff Comments Off on BOE’s Haldane: UK to see house prices "relentlessly heading north"
BOE’s Haldane: UK to see house prices "relentlessly heading north"
Bank of England economist said house prices will continue climb
Bank of England economist Andrew Haldane spoke with The Sunday Times and touched on house prices.
28 August, 2016 by The TZ Newswire Staff Comments Off on 49ers Fans Burn Kaepernik Jerseys After ‘Black-Oppression’-Protesting QB Refuses To Stand For National Anthem
49ers Fans Burn Kaepernik Jerseys After ‘Black-Oppression’-Protesting QB Refuses To Stand For National Anthem
The $120 Million-earning, ‘black’ quarterback (raised by 2 white parents) of the San Fransisco 49ers decided yesterday that in order to protest “a country that oppresses black people and people of color,” he would refuse to stand during the national anthem. Colin Kaepernick’s “sit in” has not gone down well with some of his ‘fans’ (or non-fans or other NFL players) with 49ers supporters burning his shirt and others demanding he be banned from playing in The NFL.
28 August, 2016 by The TZ Newswire Staff Comments Off on Goldman Sachs: Nothing will save copper
Goldman Sachs: Nothing will save copper
Goldman Sachs predicts a “supply storm” in copper
Copper prices declined last week and are now down 2.4% on the year.
Analysts at Goldman Sachs say that’s just the start as stockpiles continue to mount and demand from China is slowing. They say copper is “entering the eye of the supply storm” with supply set to climb 15% in the coming quarters. Meanwhile, customs data shows that Chinese imports of refined copper shrank in July to the smallest in 17 months, while exports jumped five-fold from a year earlier.