24 June, 2021 by The TZ Newswire Staff Comments Off on Andreessen Horowitz Says Crypto Is ‘the Future of Finance’ — Launches $2.2 Billion Crypto Venture Fund
Andreessen Horowitz Says Crypto Is ‘the Future of Finance’ — Launches $2.2 Billion Crypto Venture Fund
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24 June, 2021 by The TZ Newswire Staff Comments Off on Canadian Housing Market “Gone Berserk” As Investors Stir Bubble Fears
Canadian Housing Market “Gone Berserk” As Investors Stir Bubble Fears
Canadian Housing Market “Gone Berserk” As Investors Stir Bubble Fears
Housing market activity in Canada has become a speculative bubble that is further detached from fundamentals than ever before. Investors are piling into the market, building portfolios of homes as the Central Bank of Canada (BOC) keeps interest rates pinned to the floor since the beginning of the pandemic.
24 June, 2021 by The TZ Newswire Staff Comments Off on Market Extra: Stocks tied to fast-internet expansion climb as Washington agrees to infrastructure deal
Market Extra: Stocks tied to fast-internet expansion climb as Washington agrees to infrastructure deal
Shares of Charter Communications, Frontier Communications advance Thursday, as the White House and a group of senators agree to a near $1 trillion infrastructure package, including $65 billion to expand broadband.
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24 June, 2021 by The TZ Newswire Staff Comments Off on Infrastructure deal produced a ‘jailbreak’ moment on Wall Street, Jim Cramer says
Infrastructure deal produced a ‘jailbreak’ moment on Wall Street, Jim Cramer says
Wall Street saw a breakout moment in Thursday trading as stocks rallied after lawmakers in Washington agreed on an infrastructure deal, CNBC’s Jim Cramer said.
24 June, 2021 by The TZ Newswire Staff Comments Off on Oil – OPEC+ meeting next week, demand is strong but there is fragility
Oil – OPEC+ meeting next week, demand is strong but there is fragility
Via ANZ, a good overview of oil heading into the OPEC+ meeting July 1:
Earlier previews:
24 June, 2021 by The TZ Newswire Staff Comments Off on Von Greyerz: The Icarus Wax Of The Everything Bubble Is Melting
Von Greyerz: The Icarus Wax Of The Everything Bubble Is Melting
Von Greyerz: The Icarus Wax Of The Everything Bubble Is Melting
Authored by Egon von Greyerz via GoldSwitzerland.com,
When will the wax melt that holds up the global economy? Hubris is driving humans and markets ever higher and closer to the sun. The higher everything goes, the greater the risk that the wax melts and the wings that are supporting the global economy just fall off and everything crashes to the ground.
24 June, 2021 by The TZ Newswire Staff Comments Off on Chinese ridesharing giant Didi aims for $60 billion valuation in IPO
Chinese ridesharing giant Didi aims for $60 billion valuation in IPO
Chinese ride-hailing giant Didi plans to list the equivalent of 72 million shares of Class A common stock on the New York Stock Exchange under ticker DIDI.