20 October, 2016 by The TZ Newswire Staff Comments Off on David Rosenberg Calls For A Multi-Trillion, "Helicopter Money" Stimulus Package
David Rosenberg Calls For A Multi-Trillion, "Helicopter Money" Stimulus Package
With the inherent weakness in US GDP and the rising probability of a recession (two weeks ago Bank of America modeled that the next recession would likely start roughly one year from now), Gluskin Sheff’s David Rosenberg thinks that with monetary options exhausted it will take a fiscal boost in the trillions of dollars to kickstart the economy.
20 October, 2016 by The TZ Newswire Staff Comments Off on PBOC sets the TGIF USD/CNY mid-point at 6.7558 (vs. yesterday at 6.7311)
PBOC sets the TGIF USD/CNY mid-point at 6.7558 (vs. yesterday at 6.7311)
In Open Market operations,
People’s Bank of China weakens the yuan substantially against the USD … given the USD strength overnight it was expected to move that way. Big move, though (biggest since August)
20 October, 2016 by The TZ Newswire Staff Comments Off on Hong Kong exchanges cancel morning trading session
Hong Kong exchanges cancel morning trading session
Typhoon Haima. Typhoon Signal No 8 remains in force says the Hong Kong Observatory
Morning trading on Hong Kong’s stock and futures market suspended
20 October, 2016 by The TZ Newswire Staff Comments Off on The Biggest Factor Driving Netflix Subscriber Growth
The Biggest Factor Driving Netflix Subscriber Growth
Image Source: Netflix.
After a dismal second quarter, Netflix (NASDAQ: NFLX) bounced back in the third quarter. The streaming video service added 370,000 subscribers in the U.S. and 3.2 million international subscribers last quarter. Those numbers came in well above its initial outlook of 300,000 and 2 million for the U.S. and international, respectively, when management reported its second-quarter results.
20 October, 2016 by The TZ Newswire Staff Comments Off on Jill Stein Slams Hillary Clinton’s Foreign Policy As "Scarier Than Trump’s"
Jill Stein Slams Hillary Clinton’s Foreign Policy As "Scarier Than Trump’s"
Submitted by SM Gibson via TheAntiMedia.org,
The Green Party nominee for president of the United States, Jill Stein, has begun matter-of-factly speaking out against the foreign policy agenda of one of her political opponents, Hillary Clinton.
20 October, 2016 by The TZ Newswire Staff Comments Off on Mattel Stock Jumps on Q3 Earnings, With Barbie Saying, “Take That, Disney Princesses!”
Mattel Stock Jumps on Q3 Earnings, With Barbie Saying, “Take That, Disney Princesses!”
Image source: Mattel.
Mattel (NASDAQ: MAT) reported encouraging third-quarter 2016 results after the market closed on Wednesday. Revenue and adjusted earnings per share were flat with the year-ago period. Thanks largely to strong Barbie sales, the toy maker has now closed the revenue gap left by losing the Disney (NYSE: DIS) Princess and Frozen license to rival Hasbro (NASDAQ: HAS) on Jan. 1. That business accounted for about 8% of Mattel’s revenue last year.
20 October, 2016 by The TZ Newswire Staff Comments Off on BOJ’s Kuroda says the bank will evaluate appropriate yield curve at every meeting
BOJ’s Kuroda says the bank will evaluate appropriate yield curve at every meeting
Bank of Japan governor Kuroda speaking in the Japanese parliament
Headlines via Bloomberg
– BOJ will evaluate appropriate yield curve at every meeting
– Ideal yield curve can change depending on economy, prices
More via Reuters: