Money & Markets – Week of 10.26.14

The Ghost of “Dark Alliance”
Project Sensored| 31 October 2014
If there is one group of people that is portrayed…more unflatteringly…

Japan’s Pension Fund Cutting Local Bonds to Buy Equities
Bloomberg| 31 October 2014
The BOJ and GPIF announcements are delivering a double…

Google’s Data Play to go Head-to-Head with Realtors
Yahoo| 30 October 2014
“This is as close to real-time…”

Shadow Banking Assets Increase by $5 Trillion to Record $75 Trillion, 120% Of Global GDP
Zero Hedge| 30 October 2014
We are not exactly sure which is scarier…leverage…unregulated…

Why Alibaba’s ‘Tentacles’ Have Analysts Drooling
Market Watch | 29 October 2014
Alibaba is currently the second largest marketplace…

Fed Completes the Taper
CNBC | 29 October 2014
Committee judges that the likelihood of inflation…

Riksbank Rejects Calls for QE After Resorting to Zero Rate
Bloomberg | 28 October 2014
Sweden’s central bank…cutting its main interest rate to zero…

N.Y. Top Court is Good Friend to Global Banks, Foreign Account Holders
Reuters | 27 October 2014
“Today’s holding permits banks doing business in NY to shield customer…

2014 Minimum Wage, State by State
MSN | 25 October 2014
States must meet the federal wage baseline of $7.25…

Law Lets I.R.S. Seize Accounts on Suspicion, No Crime Required
MSN | 25 October 2014
Mr. Potashnik said of the prosecutors… “They just want the money”…

Obama Plans Executive Actions to Strengthen U.S. Manufacturing
Yahoo | 27 October 2014
NASA and the departments of Defense, Energy and Agriculture would invest…

This Firm has more than Half the Copper in LME Warehouses
Mining | 27 October 2014
It is unusual for such amounts to be owned by hedge funds…

Walmart and Apple Go Head to Head over Apple Pay
Yahoo | 27 October 2014
The mobile pay market is forecast to jump to $90 Billion…

4 Banks, Including JPMorgan, Fined in Europe Over ‘Cartel’ Behavior
NY Times | 21 October 2014
Trades between themselves while preventing others from participating…

Oil Price will Fall to $70 US a Barrel in 2015, Goldman Sachs Says
CBC News | 27 October 2014
World is producing more than it needs, thanks to boom in shale oil…