February 8th, 2010
The U.S. is still bleeding jobs which isn’t going to turn things around soon. The deep recession is still here as major employers scramble to take a serious look at their employee numbers. Four million jobs have been lost and another two million could be gone before this is all over. Employment COULD hit 10%.
Economic growth numbers for Q4 of 2009 went way up. However inventory reductions are still underway by major corporations. The GDP growth number to watch for 2010 is 3.6%, as the “growth baton” will be passed from the government stimulus package. The big question is if the U.S. government plan will stimulate the economy as President Obama and the mostly Democrat U.S. House has said it will. Watch for numbers in March. If numbers are improving the 3.6% growth in GDP could happen. But this would be tough if unemployment gets to 8.5% in March.
The stock market took another hit today as the Dow fell below 10,000. Seems Wall Street wants results instead of words. Go figure!
Tags: dow, gdp, jobs, possible growth
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Categories: financial |
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February 8th, 2010
China announced the creation of the National Energy Commission to oversee government energy policy. Energy is a top priority now. China’s domestic demand for electricity rises 15% per year. China will need to add nine times as many power generating facilities as the U.S. will.
China now leads the world in solar panel manufacturing, taking that spot two years ago. China now leads the world in wind turbine manufacturing. The U.S. is offering incentives for more energy production. China is moving fast with the market and the increase in wind turbine production has not been sen before according to Vestas China. Renewable energy jobs are increasing in China by 100,000 per year. China seeks to become the world’s leading exporter of energy equipment. Banks in China are offering generous financing to help companies improve the power grid.
Tags: china, energy generation, energy jobs, renewable energy
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Categories: china > energy |
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February 7th, 2010
The Four-Step Formula for Success:
1. You must know EXACTLY what you want.
2. You must want it SINCERELY.
3. You must firmly BELIEVE that you will get it.
4. You must exert every possible EFFORT to obtain it.
Tags: success
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Categories: constant flux |
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February 7th, 2010
There are three areas of analysis that business intelligence need to be focused on.
- Risk modeling to determine value-at-risk.
- Quantitative analytics for modeling investment strategies.
- High frequency trading strategies.
Business intelligence is moving forward with more on-the-fly decision making tools. The determination of risk exposures in open trades will give operations a boost. This also enables the better allocation of operational revenues.
First customized real-time data must be available so reaction to changing market dynamics is fast. If financing organizations is at the apex of the strategy, hedging risk is a must. This means the ability to capture data is vital to success.
Tags: business intelligence, hedge risk, operations, risk exposures
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Categories: financial > financial > trading |
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February 6th, 2010
President Obama announced a Small Business Lending Fund which was based on a transfer of 30 billion dollars for TART funds. The program is targeted for small banks. The banks generally have less than 10 billion dollars in assets and offer about half of the nation’s small business loans. Obama wants the lending start very soon.
Tags: small banks, small business, small business lending
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Categories: financial |
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February 5th, 2010
Advanced Trading magazine featured an article in their January/February 2010 issue which made me take notice. They asked several traders their predictions for 2010.
Here are some highlights:
Kevin Chapman of Nicholas-Applegate Capital Management said evaluations are coming and this will result in consolidation of technology. Simpler is better.
Ray Fernandez from Olympian Capital Management said he ses more globalization. Watch for more multicurrency systems for firms to watch their foreign exchange exposures.
Erik Karpman of Trading Strategy Group says technological improvements will result in more custom global algorithms.Modification of algorithms with global access, on the fly.
These potential developments, if realized, will have a major impact on the markets and trading. Positives are foreseen in the future. Perspectives like these will hopefully keep you even with the rest of the field.
Tags: algorithms, foreign exchanges, global access, technology
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Categories: financial > financial > trading |
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January 27th, 2010
The world’s vast distances have been spanned by humankind’s inventive genius. The world is smaller because we are bound in one continuous bundle of life. What happens in any country on Earth may affect the happiness and peace of the entire world. What is merely local and provincial in our thinking must yield to a global understanding and a world view. The world is lighted from within and our common task should be pledged to keep it aflame with humankind’s larger measure of liberty, faith, and peace. With technological advances to explore, we need to get more acquainted with the old so we may be able to better understand the new.
This project was a result of my need to focus on the growing technological, cultural and societal changes and the hope that with more understanding there can be a better sense of how we can improve the world and our lives in general.
May you too feel the need to explore, learn and assemble new ideas, dreams, goals and thoughts for a more complete and better life. A life that is free from danger, difficulty and disease and knows no lack and limitation. Have commitment, feel love, put forth effort, focus on the important and develop talent.
Tags: culture, society, technology
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Categories: constant flux |
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