The Traderszone Network

23 January, 2017 by The TZ Newswire Staff Comments Off on Trump’s childhood home in New York City is going up for auction — take a look inside

Trump’s childhood home in New York City is going up for auction — take a look inside

Trump’s childhood home in New York City is going up for auction — take a look inside

The owner of an unassuming property in Queens, New York, is betting that a brief connection with President-elect Donald Trump will provide a happy return.

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23 January, 2017 by The TZ Newswire Staff Comments Off on Japan data – Nikkei Manufacturing PMI (January, preliminary): 52.8 (prior 52.4)

Japan data – Nikkei Manufacturing PMI (January, preliminary): 52.8 (prior 52.4)

This is the ‘flash’ reading for January:
– December was 52.4
  via Markit … Key points:

– Flash Japan Manufacturing PMI™ at 52.8 in January (52.4 in December), highest since March 2014

23 January, 2017 by The TZ Newswire Staff Comments Off on China yuan central rate coming soon … meanwhile some China headlines

China yuan central rate coming soon … meanwhile some China headlines

The USD/CNY reference rate setting is coming soon 9around 0116GMT … stay tuned!)
Meanwhile:
– China Securities Journal reports that New loans in January will  likely exceed the record high of 2.51tln yuan seen in last January last year
Yowza …

23 January, 2017 by The TZ Newswire Staff Comments Off on The 3 Stocks Most Hedge Funds Own

The 3 Stocks Most Hedge Funds Own

Many hedge funds delivered disappointing returns last year. The Eurekahedge Hedge Fund Index, which tracks the top hedge funds in the market, rose just 4.4% in 2016 — underperforming the S&P 500’s 11.2% gain.

The performance of individual funds varied greatly, but top investors like Warren Buffett noted that the market was saturated with too many hedge funds, and that their high fees made them poorer investments than basic index funds.

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23 January, 2017 by The TZ Newswire Staff Comments Off on NZ government to lift the minimum wage

NZ government to lift the minimum wage

New Zealand government will lift the country’s minimum hourly wage by 50 NZ cents an hour
(don’t spend it all at once, K?)
– To $15.75/hour
Headlines via Bloomberg

23 January, 2017 by The TZ Newswire Staff Comments Off on Why General Motors’ Cadillac Will Soon Advertise a Car You Can’t Buy

Why General Motors’ Cadillac Will Soon Advertise a Car You Can’t Buy

Imagine you’re in charge of a luxury-car brand that saw its U.S. sales fall by 10% last year. You need some new products would turn that around. Those products are on the way, but they won’t start arriving for at least another year. 

What do you do in the meantime?

That’s the situation facing Uwe Ellinghaus, the marketing chief for General Motors‘ (NYSE: GM) Cadillac. As he sees it, the lack of new products coming to market in 2017 offers Cadillac a big opportunity to work on something else that could pay big dividends in the long run. 

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23 January, 2017 by The TZ Newswire Staff Comments Off on Sean Spicer refuses to say what the unemployment rate is

Sean Spicer refuses to say what the unemployment rate is

Sean Spicer refuses to say what the unemployment rate is

White House press secretary Sean Spicer did not want to settle on what the unemployment rate was during an exchange with a reporter during Monday’s press briefing.

Spicer was asked point blank, “What is the national unemployment rate?”

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