6 July, 2017 by The TZ Newswire Staff Comments Off on Services Economy Rebounds But Stagflation Looms As Inventories Spike
Services Economy Rebounds But Stagflation Looms As Inventories Spike
Following the shizophrenic picture of Manufacturing in ‘Murica that we got earlier in the week, this morning’s Services surveys show a modest and consistent rise for Markit’s PMI (strongest since January with input prices soaring at the fastest pace in 2 years, and new orders at 5-month highs), and ISM’s (employment down as new orders rise).
6 July, 2017 by The TZ Newswire Staff Comments Off on A Big Red Flag Is Pointing to a Stock Correction
A Big Red Flag Is Pointing to a Stock Correction
Momentum is not keeping up with the stock rally, which suggests a correction is on the horizon.
6 July, 2017 by The TZ Newswire Staff Comments Off on A Big Red Flag Is Pointing to a Stock Correction
A Big Red Flag Is Pointing to a Stock Correction
Momentum is not keeping up with the stock rally, which suggests a correction is on the horizon.
6 July, 2017 by The TZ Newswire Staff Comments Off on Robert Durst’s friends ordered to testify in murder case
Robert Durst’s friends ordered to testify in murder case
Two friends of Robert Durst have been ordered to testify at a preliminary hearing for his Los Angeles murder trial. Stuart Altman, a friend and attorney who advised Durst on criminal and real estate matters, and his wife, Emily, received a subpoena to appear in Los Angeles on July 24 to testify as material witnesses in trial, the New York Times reported. Stuart has said he introduced Durst to his first wife, Kathleen Durst, who […]
6 July, 2017 by The TZ Newswire Staff Comments Off on Better Buy: Costco vs. Target
Better Buy: Costco vs. Target
As two of the country’s biggest retailers, Costco (NASDAQ: COST) and Target (NYSE: TGT) both represent bets on consumer spending. But that’s about where the similarities end between these two investments. In fact, the stocks boast such opposite trends that they appear to be operating in different markets. There’s also a huge valuation gap between them that could make Target the relative bargain.
More on that pricing difference in a moment. First, let’s compare these retailers’ key investment statistics.
Costco
6 July, 2017 by The TZ Newswire Staff Comments Off on Man Group Gives Up
Man Group Gives Up
The quantitative hedge fund of the past throws in the towel on the quantitative hedge funds of the future.
6 July, 2017 by The TZ Newswire Staff Comments Off on Best Half For Mutual Funds Since 2009
Best Half For Mutual Funds Since 2009
While the hedge fund community has once again failed to take advantage of what so many predicted would be a new “golden age” for the 2 and 20 crowd as a result of a collapse in pairwise correlations, largely as a result of short stocks squeezing higher and hurting performance, it has been a different story for the “long only” mutual fund group, which according to a new analysis by Bank of America enjoyed its best quarter and 1H half in eight years, specifically “over half (54%) of large cap fund managers beat their benchmarks in the first half of the year- for the first time since 2