Monthly Archives: May 2014

Trading

Five bond market risks to worry about: Pimco

Bond investors hungry for yield have pushed further and further into high-risk territory and Pimco sees five warning signals that credit markets are getting overly frothy.

“The lower reaches of the credit market have become particularly stretched,” Christian Stracke, global head of Pimco‘s credit research group, said in a note last week. “High yield has become not-so-high yield, with credit spreads almost back to 2007 levels in many cases.”

Read more here http://www.cnbc.com/

Related Posts

  • The Bond Market Explained for Mohamed El-Erian
    82
    On Thursday Mohamed A. El-Erian was on CNBC`s Halftime Report and he said something that a lot of people have been saying regarding the bond market, and it needs to be cleared up, because the amount of poor understanding regarding the bond market by people who make their living, i.e.,…
    Tags: bond, market, pimco, trading
  • 2016 macro outlook
    81
    https://www.youtube.com/watch?v=ZWz_Pln_uuI
    Tags: trading
  • Sovereign Wealth Fund Rankings | Sovereign Wealth Fund Institute
    79
    http://www.swfinstitute.org/fund-rankings/
    Tags: trading
  • Forex: 10 Events to Watch Next Week 19Aug-22Aug
    78
    Forex: 10 Events to Watch Next Week In order of release 1. UK Consumer Price Index (Aug 19) 2. New Zealand Dairy Auction (Aug 19) 3. RBA Semi-Annual Testimony (Aug 19) 4. Bank of England Minutes (Aug 20) 5. FOMC Minutes (Aug 20) 6. HSBC China Manufacturing PMI Aug Flash…
    Tags: trading
  • Download Credit Suisse Global Investment Returns Yearbook 2015 and actually read it ..
    77
    There is a reason why I recommend everyone download (and read) this document. Not only is it free but it provides both novice and experienced investors with some perspective on some very basic issues. For example, the next time some one says you should divest your portfolio of so-called “sin…
    Tags: read, global, credit, investors, trading
trend

Forget ‘the Cloud’; ‘the Fog’ Is Tech’s Future

I’m as big a believer in the transformational power of cloud computing as anyone you’ll meet. Smartphones, which are constantly seeking and retrieving data, don’t make sense without the cloud, and any business that isn’t racing to push its data and software into someone else’s data center is, in my view, setting itself up for disruption by a competitor who is. 

….

Stop focusing on the cloud, and start figuring out how to store and process the torrent of data being generated by the Internet of Things (also known as the industrial Internet) on the things themselves, or on devices that sit between our things and the Internet.

http://online.wsj.com/

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    80
    In the future, Netflix will know exactly what you want to watch, even before you do. You won’t have to spend all that time browsing through endless lists of shows on your television. That’s according to Neil Hunt, Netflix’s chief product officer. It’s just one of many predictions for the…
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  • Goldman Sachs: What Happens If Elon #Musk Is the Next Steve #Jobs
    60
    If Tesla Motors Inc.TSLA  CEO Elon Musk turns into the next Steve Jobs or Henry Ford, Goldman SachsGS sees considerable upside for the electric car maker’s stock price. But that’s not a likely scenario. In a 47-page report to clients, Goldman laid out various scenarios for the car maker’s future…
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  • How Bill Gates Thinks
    59
    Author Steven Johnson talks to the engineer turned philanthropist about the future, technology, ice, capitalism, and optimism. When interesting people hang out, interesting things tend to happen. So when we found out that Steven Johnson, author of Where Good Ideas Come From andThe Ghost Map was going to sit down…
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  • KPCB’s Mary Meeker presents the 2015 Internet Trends report
    53
    KPCB’s Mary Meeker presents the 2015 Internet Trends report, 20 years after the inaugural “The Internet Report” was first published in 1995. Since then, the number of Internet users has risen from 35 million in 1995 to more than 2.8 billion today. The 2015 report looks at key Internet trends…
    Tags: internet, trend
  • 10 Cities Around The World With The Most Job Opportunities
    52
    Thanks to PricewaterhouseCoopers’ (PwC) 2014 report on Cities of Opportunity, job seekers have a handy list of some of the best cities to find a job across the world. Using 10 indicators to look at the factors that contribute to a well-balanced city, the study compared 30 different cities and…
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book

BOOKS THAT PREDICTED THE FUTURE

George Orwell’s famous 1984 described an all-seeing state capable of watching our every move – of course, this would be some far-off dystopian vision of the future, right?

Well, old George’s prediction is very much in evidence now, with security cameras, internet tracking and the like – and a surprising amount of other writers have been able to predict the future with unerring accuracy.

This brilliant infographic, made by printerinks.com, shows various fictional predictions that ended up coming true, and the time that lapsed between forecast and reality – click on it to see a bigger version.

Having said all this – if they were that good at predicting the future, they could have made a fortune on the football pools, so maybe they were using their talents in the wrong area.

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Calendar

Market news week 20-23 May 2014

 

Australia Monday, May 20, 2014 03:30    

AUD RBA Meeting’s Minutes
United Kingdom

 

 Tuesday, May 20, 2014 10:30

 

  
    GBP Core Consumer Price Index (YoY) (Apr)
 United Kingdom

 

  

Tuesday, May 20, 2014

 

 10:30

 

  
 
  GBP Consumer Price Index (YoY) (Apr)
 Japan

 

 Wednesday, May 21, 2014 05:00

 

  
     JPY BoJ Monetary Policy Statement
 

Japan

Wednesday, May 21, 2014

 

 05:00

 

  
 
JPY BoJ Interest Rate Decision

 

 
 Japan Wednesday, May 21, 2014 n/a

 

  
   JPY BoJ Press Conference
United Kingdom

 

 Wednesday, May 21, 2014 10:30

 

  
   GBP Bank of England Minutes
United Kingdom  

Wednesday, May 21, 2014

 10:30

 

  
   GBP BOE MPC Vote Cut
 United Kingdom  

Wednesday, May 21, 2014

 10:30

 

  
   GBP BOE MPC Vote Hike
 United Kingdom Wednesday, May 21, 2014  10:30

 

  
   GBP  BOE MPC Vote Unchanged
United Kingdom Wednesday, May 21, 2014 10:30  
GBP Retail Sales (YoY) (Apr)
United States  Wednesday, May 21, 2014

 

 20:00  
USD FOMC Minutes
China Thursday, May 22, 2014

 

 03:45    

CNY HSBC Manufacturing PMI (May)Preliminar
Germany Thursday, May 22, 2014

 

 09:30    

EUR Markit Services PMI (May)Preliminar
United Kingdom Thursday, May 22, 2014

 

 10:30  
GBP Gross Domestic Product (YoY) (Q1)Preliminar
United Kingdom Thursday, May 22, 2014

 

  10:30  
GBP Gross Domestic Product (QoQ) (Q1)Preliminar
United Kingdom Thursday, May 22, 2014

 

 10:30    

GBP Gross Domestic Product (QoQ) (Q1)Preliminar
Canada Thursday, May 22, 2014

 

 14:30    

CAD Retail Sales (MoM) (Mar)
United States Thursday, May 22, 2014

 

 16:00  
USD New Home Sales (MoM) (Apr)
Germany Friday, May 23, 2014 10:00    

EUR IFO – Business Climate (May)
 Canada Friday, May 23, 2014

 

 14:30  
CAD Consumer Price Index (YoY) (Apr)
 Canada Friday, May 23, 2014

 

  14:30  
CAD Consumer Price Index (MoM) (Apr)
United States Friday, May 23, 2014 16:00  
USD New Home Sales Change (MoM) (Apr)

 

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  • MARKET NEWS WEEK 25-30 MAY 2014
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      European Monetary Union Sunday, May 25, 2014 24h       EUR European Parliament election New Zealand   Monday, May 26, 2014 00:45              NZD Trade Balance (MoM) (Apr)  Japan     Monday, May 26, 2014   01:50        JPY BoJ Monetary Policy Meeting Minutes Switzerland…
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  • BIG MARKET NEWS WEEK 10 AUG – 16 AUG 2014
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       China Sunday, August 10, 2014 03:30     CNY Consumer Price Index (YoY) (Jul) China  Sunday, August 10, 2014 03:30     CNY Consumer Price Index (MoM) (Jul) Japan   Wednesday, August 13, 2014   01:50     JPY Gross Domestic Product (QoQ) (Q2)Preliminar Japan Wednesday, August 13, 2014 01:50…
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  • BIG MARKET NEWS WEEK 18 AUG – 24 AUG 2014
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    Australia Tuesday, August 19, 2014 03:30     AUD RBA Meeting's Minutes United Kingdom Tuesday, August 19, 2014 10:30   GBP Consumer Price Index (YoY) (Jul) United States Tuesday, August 19, 2014 14:30     USD Building Permits (MoM) (Jul) United States Tuesday, August 19, 2014 14:30   USD Consumer…
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  • BIG MARKET NEWS WEEK 27 APR 2015 – 01 MAY 2015
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    This Week : April26 – May2   Australia Tuesday, April 28, 2015 00:40   AUD       RBA's Governor Glenn Stevens Speech United Kingdom Tuesday, April 28, 2015 10:30   GBP       Gross Domestic Product (QoQ) (Q1)Preliminar United States Tuesday, April 28, 2015 16:00   USD Consumer…
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  • BIG MARKET NEWS WEEK 28 JULY – 1 AUG 2014
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       United States Monday, July 28, 2014 16:00     USD Pending Home Sales (MoM) (Jun) United States    Tuesday, July 29, 2014   16:00     USD Consumer Confidence (Jul)       Germany     Wednesday, July 30, 2014   14:00       EUR Harmonised Index of Consumer Prices (YoY)…
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Economy, Trading

When George Soros Broke the British Pound

In 1992, George Soros brought the Bank of England to its knees. In the process, he pocketed over a billion dollars. Making a billion dollars is by all accounts pretty cool. But demolishing the monetary system of Great Britain in a single day with an elegantly constructed bet against its currency? That’s the stuff of legends.

Though just two decades ago, Soros made his nation-shaking bet in a very different time. Back then, hedge funds hadn’t yet entered the public consciousness, restrictions on capital flowing from one country to another were just lifted, and the era of the 24 hours a day news cycle had just begun.

To appreciate how Soros made a fortune betting against the British pound requires some knowledge of how exchange rates between countries work, the macroeconomic tools governments use to stimulate economies, and how hedge funds make money. Our readers are invited to correct us if we stumble in explaining any of these concepts.

And so onwards with the story of how George Soros led a group of traders to break the entire foreign currency system of Great Britain and profit handsomely at the expense of British taxpayers and others who were on the wrong side of the greatest financial bet of the 20th century.

Read more here : http://priceonomics.com

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  • Hedge Funds Get Aussie Bets Wrong Second Time
    69
    Commodity Futures Trading Commission data show the most-bullish six-week change to Aussie positions in more than 1 1/2 years over the period to April 22, just in time to catch a slump that made the local dollar the past week’s worst performer among 10 currencies tracked by Bloomberg Correlation Weighted…
    Tags: time, foreign, exchange, bank, currency, rates, wrong, funds, trading, hedge
  • Why are hedge funds not updating data ?
    61
    Examining the HSBC Hedge Weekly voluntary performance update, it appears certain hedge funds, after some of the most volatile markets in years, have not been quick to post their performance, while others, such as Roy Niederhoffer, have enjoyed the recent market volatility. Hedge funds: Greenlight and Glenview hedge funds slow to…
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Success

The 21 greatest graduation speeches of the last 50 years

Video

Graduation speeches are the last opportunity for a high school or college to educate its students. It’s unsurprising, then, that these institutions often pull in some of the world’s most powerful people to leave an equally powerful impression on their students. Here are the best of those speeches and some of the sections that resonate the most.

Watch them on http://www.vox.com/

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  • The story of Daniel Ek – Mr Spotify
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  • Keynote by Evan Spiegel, CEO of Snapchat @evanspiegel #snapchat @businessinsider
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Management

7 reasons for Nadella’s appointment as Microsoft CEO

Five months ago, the student town of Manipal went abuzz when they realized that one of their own was the leading contender in the race for the top job at Microsoft Corp. For the next five months, it looked like their prayers would easily lead to fruition. But late last week, another Indian name came into the fray. While it was a win-win situation for Indians, Redmond had to face a tussle between the two tech-stalwarts who would be resurrecting its lost glory. But in the end Satya Nadella was the man who came out on top. … 

Read all 7 points here : http://yourstory.com/2014/02/satya-nadella-ceo/

 

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Economy, Startup

V.C. Firm Names Robot To Board of Directors

In case you needed more proof that all our jobs will one day be occupied by robots, a Hong Kong V.C. firm has just named an artificial intelligence tool to its board of directors. The company’s also insisting the tool will be treated as an “equal” to the other board members.

Sure, it’s all probably a bid for press — but it’s still pretty funny.

A press release from Aging Analytics UK, a company that conducts research on biotechnology and regenerative medicine, made two announcements this morning: first, that they’ve launched an new A.I. tool called VITAL (Validating Investment Tool for Advancing Life Sciences); and second, that they’ve licensed VITAL to Hong Kong V.C. firm Deep Knowledge Ventures, where the tool will become an “equal member of its Board of Directors.”

Yes, that means it’ll have exactly the same power as a living, breathing, presumably college-educated human being.

Read more at http://betabeat.com/

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Startup

Dear Montebourg, Please Don’t Kill French Startup Acquisitions

Arnaud Montebourg has a huge responsibility now. He’s France’s minister of the economy, industrial renewal, and the digital economy. He just signed a decree that allows the government to prevent acquisitions of French companies by foreign firms in multiple industries, including “electronic communications”. As a reminder, he’s the one who killedDailymotion’s acquisition by Yahoo. Does this portend that he’s going to kill more startup acquisitions in the future?

Originally, this decree had nothing to do with startups. General Electric wants to acquire Alstom, and Montebourg wants to avoid handing out this French company to American shareholders. To be fair, other countries, including the U.S., have similar tactics and block acquisitions from time to time.

Yet, the decree also talks about potential acquisitions in the “electronic communications” industry — whatever it means. As Montebourg has set a bad precedent with Dailymotion, one could fear that he won’t let French entrepreneurs sign with American tech companies.

Yahoo wanted to pay $270 million (€200 million) to acquire YouTube competitor Dailymotion. It would have been a great exit for the startup. “Dailymotion is considered a marquee company in France’s technology industry. Hence, Montebourg didn’t want to let it go to the Americans,” a source told TechCrunch at the time.

Read more here http://techcrunch.com/

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Success

VCs are focusing on companies that have already moved past the early stages of development.

Venture capitalists are spending their money on more established companies rather thanyoung startups, according to data from the first quarter of this year.

According to the latest MoneyTree report–which was put together by the National Venture Capital Association and consulting company PricewaterhouseCoopers–there were only nine seed-stage investments in the Bay Area during the first quarter of this year–a 67 percent drop from the same period a year ago. Later-stage investments were up 17 percent from the year-earlier period, the San Jose Mercury News reported.

With so many companies launching due to lower barriers to entry, VCs are looking to invest in those that already have a solid customer base and a good market share, the Mercury News reported. “There is a lot of money being thrown into companies to scale. It’s turning into a war, and you had better be well funded and well armed,” Jeff Grabow, a venture capital expert at San Jose-based financial services Ernst & Young, told the outlet.

http://www.inc.com/

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