29 September, 2016 by The TZ Newswire Staff Comments Off on Mike Mayo: Heads need to roll at Wells Fargo if anything’s going to get fixed
Mike Mayo: Heads need to roll at Wells Fargo if anything’s going to get fixed
The $41-million clawback that the bank slapped on CEO John Stumpf is a good start, but it’s not enough, says the banking analyst.
29 September, 2016 by The TZ Newswire Staff Comments Off on Amotz Asa-El’s View from Jerusalem: Shimon Peres’s greatest achievement: Transforming Israel’s economy
Amotz Asa-El’s View from Jerusalem: Shimon Peres’s greatest achievement: Transforming Israel’s economy
Shimon Peres, who died Wednesday, made his biggest mark not on the peace process but on the Israeli economy, writes Amotz Asa-El.
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29 September, 2016 by The TZ Newswire Staff Comments Off on We’re Issuing a Formal Alert: Something Major is Coming in the Markets
We’re Issuing a Formal Alert: Something Major is Coming in the Markets
Time for a reality check.
The market has had nothing but positives for three months now. BREXIT was contained. The Fed failed to raise rates again. The Bank of Japan and European Central Bank are printing a combined ~$180 billion per month (a record pace) and using it to prop the markets up.
And stocks are DOWN. While the bulls and CNBC shills talk about the markets like they’re in some incredible rally, the fact is that the S&P 500 peaked in mid-August. And if you want to go back further it’s gone absolutely NOWHERE since July 9th.
29 September, 2016 by The TZ Newswire Staff Comments Off on Vice Index Shows the Start of a Downtrend
Vice Index Shows the Start of a Downtrend
Over the Summer, retail sales data strongly diverged from Moneyball’s Vice data: The official data pointed to a sharp burst of spending. The Vice data showed no acceleration. Recent revisions to the official data removed the surge and…
29 September, 2016 by The TZ Newswire Staff Comments Off on Real Estate Bubbles: Vancouver, London, Stockholm, Sydney, Munich, and Hong Kong Top List
Real Estate Bubbles: Vancouver, London, Stockholm, Sydney, Munich, and Hong Kong Top List
What do Vancouver, London, Stockholm, Sydney, Munich, and Hong Kong all have in common? According to economists at UBS Wealth Management, these six cities all have the notorious designation of being the real estate markets…
29 September, 2016 by The TZ Newswire Staff Comments Off on Capping Oil Prices…at Highest Production Levels in History!
Capping Oil Prices…at Highest Production Levels in History!
The high-frequency algos went wild blasting millions of buy orders at risk markets yesterday afternoon on headlines that OPEC members might agree in November to hold-production near recent all time highs.
29 September, 2016 by The TZ Newswire Staff Comments Off on Wealth and Asset Management Report Predicts Blockchain Use by 2021
Wealth and Asset Management Report Predicts Blockchain Use by 2021
A new report from Roubini ThoughtLab has found that over the next five years blockchain use is set to grow by 43 percent.