5 November, 2016 by The TZ Newswire Staff Comments Off on Bucking trend, Puck penthouse is now $7.5M more expensive
Bucking trend, Puck penthouse is now $7.5M more expensive
At a time when prices are being slashed amid an oversupply in the luxury market, one seller is doing the opposite. The owner of a penthouse at the Puck Building has put it back on the market after a two-year hiatus and has raised its asking price to $35 million, or $5,833 per square foot, up from the original $27.5 million when it first hit the market in 2014, Curbed reported. The owner has also switched brokers, swapping out Douglas … [more]
5 November, 2016 by The TZ Newswire Staff Comments Off on How to Play the VIX (Video)
How to Play the VIX (Video)
5 November, 2016 by The TZ Newswire Staff Comments Off on Australian Government Eyeing Big Banks to Prevent Blockchain Monopolization
Australian Government Eyeing Big Banks to Prevent Blockchain Monopolization
The Australian Competition and Consumer Commission (ACCC), an independent arm of the Australian government that aims to regulate competition in the market and uphold national consumer law, has been closely eyeing four big banks to prevent attempts of monopolizing the blockchain industry in fintech. The banks… Read More
5 November, 2016 by The TZ Newswire Staff Comments Off on Civil War II – Fourth Turning Is Intensifying (Part 2)
Civil War II – Fourth Turning Is Intensifying (Part 2)
5 November, 2016 by The TZ Newswire Staff Comments Off on Now The Bear Market Concerns Begin
Now The Bear Market Concerns Begin
The “under the surface” signals have been quite bearish for the past 1-2 years. Money has rotated away from aggressive areas and I’ve discussed it here and my Trading Places blog quite often. But it was very difficult to think bearish thoughts as long as the combination of price and volume remained bullish. So I’ve been waiting to get the bearish price breakdown before re-evaluating the market. That breakdown came last week during one of the most historically bullish periods of the year – strange indeed.
5 November, 2016 by The TZ Newswire Staff Comments Off on Rising Bond Yields Boost Insurers, Have Negative Impact on Stock Indexes
Rising Bond Yields Boost Insurers, Have Negative Impact on Stock Indexes
LIFE INSURERS LEAD FINANCIALS HIGHER … Rising bond yields continue to give a boost to financial stocks like life insurers. Bear in mind that premium income in insurance stocks is invested mostly in fixed income markets. Higher bond yields mean higher income. Life insurers are leading the financial sector higher today. Several of the big life insurers are seeing nice gains after beating earnings estimates. Chart 1 shows the Dow Jones US Life Insurance Index ($DJUSIL) climbing more than 2% today and nearing a new 2016 high.
