3 May, 2017 by The TZ Newswire Staff Comments Off on US MBA mortgage applications -0.1% vs 2.7% prior
US MBA mortgage applications -0.1% vs 2.7% prior
US MBA mortgage market data week ending 28 April 2017
The purchase index is just a smidge below the year’s high seen in April.
US MBA purchase index
3 May, 2017 by The TZ Newswire Staff Comments Off on Bank of America Eyes Adoption as Next Hurdle For Ethereum Test
Bank of America Eyes Adoption as Next Hurdle For Ethereum Test
Bank of America is creating an ethereum app with help from Microsoft, but the partnership is about more than just tech, it’s also about adoption.
3 May, 2017 by The TZ Newswire Staff Comments Off on Strong earnings won’t prevent ‘Trump rally’ from buckling, here’s why
Strong earnings won’t prevent ‘Trump rally’ from buckling, here’s why
A top strategist at Russell Investments says the stock market rally could be losing its muscle.
3 May, 2017 by The TZ Newswire Staff Comments Off on Are Defensive Assets Waving Red Flags For Stocks?
Are Defensive Assets Waving Red Flags For Stocks?
From Chris Ciovacco: The chart below shows the long-term trend (200-day moving average) in stocks vs. bonds rolling over in a bearish manner as the stock market peaked in late 2007.
3 May, 2017 by The TZ Newswire Staff Comments Off on Bullish API Data Buoys Crude Oil Prices — For Now
Bullish API Data Buoys Crude Oil Prices — For Now
From Julianne Geiger: The American Petroleum Institute (API) reported a healthy draw of 4.2 million barrels in United States crude oil inventories, compared to analyst expectations that markets would see a bit of relief with a crude oil draw of 2.2 million barrels<
3 May, 2017 by The TZ Newswire Staff Comments Off on Super-rich private equity stars rue ‘lousy’ reputation, say they are misunderstood
Super-rich private equity stars rue ‘lousy’ reputation, say they are misunderstood
Ultra-wealthy private equity managers lamented their reputation as ‘lousy’ corporate profiteers at a plush Beverly Hills hotel on Tuesday.
3 May, 2017 by The TZ Newswire Staff Comments Off on China to Launch 250 MPH Train, Posing Dangers
China to Launch 250 MPH Train, Posing Dangers
High-speed trains come with economic benefits. They also come with what appear to be substantial risks.