13 June, 2017 by The TZ Newswire Staff Comments Off on One small step for deregulation
One small step for deregulation
Deregulation is harder than it looks, but the Trump administration did take one significant step this past Wednesday:
13 June, 2017 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Uber director apologizes for sexist remark during meeting addressing sexism
The Wall Street Journal: Uber director apologizes for sexist remark during meeting addressing sexism
Uber Technologies Inc. on Tuesday sought to move past a grueling four-month investigation into allegations of sexism and sexual harassment.
13 June, 2017 by The TZ Newswire Staff Comments Off on Goldman Sachs: 60% chance MSCI includes China’s A shares in emerging market index
Goldman Sachs: 60% chance MSCI includes China’s A shares in emerging market index
MSCI will make an announcement on June 20 on whether China is included in the EM index
GS say there is a 60% probability of inclusion. The firm cite as a “key argument” supporting inclusion:
13 June, 2017 by The TZ Newswire Staff Comments Off on Are Massive Central Bank Purchases A Last Ditch Attempt To Save The Economy & Cap Gold Price?
Are Massive Central Bank Purchases A Last Ditch Attempt To Save The Economy & Cap Gold Price?
Authored by Steve St.Angelo via SRSroccoReport.com,
The Central banks bought a staggering $1.5 trillion in assets in the first five months of the year to keep the economy from imploding while at the same time, capping the gold price. Yes, it’s true…. $300 billion a month of Central bank asset purchases pushes up STOCK, BOND and REAL ESTATE values while it depresses or caps the gold (or silver) price.
13 June, 2017 by The TZ Newswire Staff Comments Off on Dollar on tenterhooks as investors await Fed policy clues
Dollar on tenterhooks as investors await Fed policy clues
The dollar drifted in recent ranges in the calm before a forecast Federal Reserve storm.
13 June, 2017 by The TZ Newswire Staff Comments Off on Australia – Westpac Consumer Confidence Index (June): -1.8% m/m (prior -1.1% m/m)
Australia – Westpac Consumer Confidence Index (June): -1.8% m/m (prior -1.1% m/m)
Earlier we had the weekly sentiment report:
Australia – ANZ/ Roy Morgan weekly consumer sentiment: 112.9 (previous week 112.9 also)
A bit of a slide for the WPAC measure in June, down 1.8% m/m and sitting well below the neutral 100 level still, at 96.2
13 June, 2017 by The TZ Newswire Staff Comments Off on Neiman Marcus Is Still Floundering
Neiman Marcus Is Still Floundering
For the past year or so, luxury department store company Neiman Marcus has been teetering on the brink of bankruptcy. The combination of a broader retail downturn and the botched rollout of a new inventory management system has led to sharp sales declines and big losses.