Category Archives: Uncategorized

The 102 Finance People You Have To Follow On Twitter

Follow this list https://twitter.com/finansium_fx/lists/finance-people then you follow all members in the list from this article

http://www.businessinsider.com/finance-people-to-follow-on-twitter-2014-9?op=1

There are a bunch of ways to get high-speed information about markets. Most of them — like getting a Bloomberg terminal, for instance — will cost you an arm and a leg.

Thankfully, there’s Twitter. It’s become a place where even the biggest names on Wall Street go to get a word (or 143 characters) out into the universe, and it can move markets.

Business Insider has compiled a list of the best of financial Tweeters for you to use. These are people we follow all day, and if you’re going to get serious about using this awesome tool, you should follow them too.

Or even better, you join the conversation yourself.

But you’d better add some value.

Read more: http://www.businessinsider.com/finance-people-to-follow-on-twitter-2014-9?op=1#ixzz3DbbDcgZI

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    This week, despite being shortened by the observance of Presidents Day with markets closed on Monday, promises a packed schedule of key events that could significantly impact financial markets: 1. Presidents Day, Markets Closed - Monday The week kicks off with a quiet start as U.S. financial markets take a…
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    Yes, Twitter has a growth problem. But more than that, the company has another headache: Getting people to stick around after signing up. According to people close to the company, Twitter has seen more than one billion registrations to its service over the past seven and a half years. Stack…
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Sales technology will replace 80 percent of the jobs

The growth of Amazon and eBay illustrates that businesses and consumers alike are willing to purchase what they need online rather than from a salesperson.

That trend toward online buying will continue, according to Gerhard Gschwandtner, publisher of Selling Power magazine, and host of the Sales 2.0 Conference in Boston on July 14, 2014. “The integration of Artificial Intelligence into such websites increase the products and services that can be purchased online,” he explains.

Gschwandtner estimates that within 10 years, as much as 80 percent of the sales situations currently handled by salespeople will be handled automatically. He also believes, however, that there will continue to be a need for salespeople in the three following situations:

The customer cannot diagnose his own problem.

The customer cannot define a solution

The customer cannot calculate the ROI

http://www.inc.com

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    Amazon plans to launch Project Kuiper, a network of 3,236 small satellites to create an interconnected network that beams high-speed internet to anywhere on Earth. Morgan Stanley estimates Project Kuiper represents as much as a ”$100 billion opportunity.” The firm’s estimate is based on its expectation that the space economy…
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    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…
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  • 50
    We caught up with billionaire entrepreneur and investor Mark Cuban during South by Southwest Interactive in Austin. Our first question: what apps does the "Shark Tank" star and Dallas Mavericks owner have on his smartphone? Read more: http://www.businessinsider.com/mark-cuban-13-apps-phone-2014-3#ixzz2wLaru5Rl
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  • 50
    Amazon is offering its warehouse employees up to $5,000 to quit their jobs, even as the company is in the process of adding workers and locations. The "Pay to Quit" program, which was announced by CEO Jeff Bezos in his letter to shareholders late Thursday, is an effort to make…
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Is Silicon Valley Funding the Wrong Stuff?

Social networks that allow you to send only the message “Yo” to your contacts. Food-delivery services valued at $400 million. Startups that deliver rolls of quarters to your home (just $27 for $20 in change!).

It isn’t hard, looking at a lineup like this, to conclude that Silicon Valley has jumped the shark. The entire Bay Area appears to have given up on solving anything but its own problems: those afflicting the same 20-somethings who are building these startups.

That’s a pretty cynical take on what’s going on in technology. And what about Google or Facebook or Uber, all of which have transformed or probably will transform entire industries?

But, to my surprise, the partners of one Silicon Valley venture-capital firm made the very same case to me: That their kind had lost its way—and, in the world of startups, money wasn’t flowing where it should anymore.

“Do you believe there is more innovation today than 20 years ago?” asks Yatin Mundkur, a partner at Artiman, in Palo Alto, Calif.

Mr. Mundkur doesn’t mean innovation in the areas of same-day delivery or “anonymish” social networks that seem to have more novelty value than staying power. Both of those categories are red-hot right now.

http://online.wsj.com/

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  • 47
    Onstage at TED2014, Charlie Rose interviews Google CEO Larry Page about his far-off vision for the company. It includes aerial bikeways and internet balloons … and then it gets even more interesting, as Page talks through the company’s recent acquisition of Deep Mind, an AI that is learning some surprising…
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  • 46
    When Gabriel Weinberg launched a search engine in 2008, plenty of people thought he was insane. How could DuckDuckGo, a tiny, Philadelphia-based startup, go up against Google? One way, he wagered, was by respecting user privacy. Six years later, we're living in the post-Snowden era, and the idea doesn't seem…
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The Internet’s Own Boy

This is the full 120 minute long documentary. It’s a heavy watch, but interesting to both audiences familiar with the background and ones who are not.

In addition to the normal pay per view streaming on vimeo (https://vimeo.com/ondemand/internetsownboy/94238859), this film was also offered at an increased price under CC-By-NC-SA. I purchased a freely licensed copy and have placed it on archive.org allowing anyone to learn from it, share it with others, or build new works out of it without risk of prosecution and without going through US-only paywall.

The official site for the film is at http://www.takepart.com/internets-own-boy and the there is a Wikipedia article at http://en.wikipedia.org/wiki/The_Internet%27s_Own_Boy:_The_S…

https://medium.com/

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European Union institutions no longer work. A radical financial and democratic settlement is needed

The European Union is experiencing an existential crisis, as the European elections will soon brutally remind us. This mainly involves the eurozone countries, which are mired in a climate of distrust and a debt crisis that is very far from over: unemployment persists and deflation threatens. Nothing could be further from the truth than imagining that the worst is behind us.

This is why we welcome with great interest the proposals made at the end of 2013 by our German friends from the Glienicke group for strengthening the political and fiscal union of the eurozone countries. Alone, our two countries will soon not weigh much in the world economy. If we do not unite in time to bring our model of society into the process of globalisation, then the temptation to retreat into our national borders will eventually prevail and give rise to tensions that will make the difficulties of union pale in comparison. In some ways, the European debate is much more advanced in Germany than in France. As economists, political scientists, journalists and, above all, citizens of France and Europe, we do not accept the sense of resignation that is paralysing our country. Through this manifesto, we would like to contribute to the debate on the democratic future of Europe and take the proposals of the Glienicke group still further.

http://www.theguardian.com/

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  • 62
    Richard McGuire, head of rates strategy at Rabobank, warns in a weekly note to clients that the groundwork is being laid in Europe for a crisis accelerant down the road. ... Friday, Germany's constitutional court refrained from issuing a ruling on the legality of the European Central Bank's Outright Monetary…
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  • 53
    "There are no facts, only interpretations”, Friedrich Nietzsche once said. One needn’t be a nihilist or a relativist to be bemused at the latest radical rewriting of history from our official number-crunchers. Everything we thought we knew about the British economy’s performance over the past 15 years or so now…
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  • 52
      Low euro is like a "deflation" of the Euro. Is this good or bad ? Lets talk about devaluation. The idea being that the goods the nation has to offer will cost less with devaluation. Good idea, right? Many countries have resorted to this economic maneuver in order to increase exports.…
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Japanese PM Abe says its up to the BOJ to decide on specific monetary policy

Japanese Prime Minister Shinzo Abe said on Wednesday it was up to the central bank to decide on specific monetary policy means to ensure its 2 percent inflation target will be achieved.

“The Bank of Japan has said it will take necessary adjustments taking into account upside and downside risks to the economy and prices. I expect the central bank to take appropriate action,” Abe told parliament.

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    (Source http://www.independent.co.uk/news/business/comment/david-blanchflower/david-blanchflower-we-should-fear-deflation--not-welcome-it-9986726.html ) The UK isn’t in deflation yet. While central bankers know what to do about stopping inflation, they don’t know what to do about halting deflation. The Swiss National Bank last week abandoned its attempt to defend a currency floor, which caused a sharp appreciation in its currency, which…
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    The Swiss National Bank's foreign exchange reserves inched higher in August, data showed on Friday. The SNB held 453.799 billion Swiss francs in foreign currency at the end of August, compared with 453.353 in July, revised from an originally reported 453.391 billion, preliminary data calculated according to the standards of…
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    http://www.teslamotors.com/sites/default/files/blog_attachments/gigafactory.pdf
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Amazon is good for customers. But is it good for books? #Longread

In the era of the Kindle, a book costs the same price as a sandwich. Dennis Johnson, an independent publisher, says that “Amazon has successfully fostered the idea that a book is a thing of minimal value—it’s a widget.” Construction by Ian Wright.

http://www.newyorker.com/

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    Hayes has devoted the past fifteen years to studying atrazine, a widely used herbicide made by Syngenta. The company’s notes reveal that it struggled to make sense of him, and plotted ways to discredit him. http://www.newyorker.com/reporting/2014/02/10/140210fa_fact_aviv
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    A few weeks ago David Carr profiled Kevin Kelly on page 1 of the New York Times Business section. He wrote that Kelly's pronouncements were "often both grandiose and correct." That’s a pretty good summary of Kevin Kelly's style and his prescience. http://www.edge.org/conversation/the-technium
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    Nate Weiner is neither a journalist nor a publisher. He’s a developer bent on changing publishing, and he’s built the platform to do it. With 10 million users, Pocket is the largest save-for-later service on the market. But more than market share, what sets Pocket apart is its ability to…
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    Meetings are such a fixture in our work lives that we constantly hear the same advice: have an agenda, keep it short, don’t invite too many people. However, despite the commonality of this well-meaning advice, research from Harvard suggests that half of all meetings are unproductive. http://99u.com/
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#longread Putins Olympic Fever Dream

Despite all the criticism, the games in Sochi will take place, and they will most likely be deemed a triumph, a validation of Putin’s leadership, unless of course disaster strikes in the form of terrorism or some other tragedy.

http://www.nytimes.com

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    The Olympics officially began yesterday, but the defining image of the games so far is the issues surrounding Sochi’s readiness. Athletes, journalists and tourists have been sharing their experiences publicly on social media, and #SochiProblems has become the default hashtag for exposing deficiencies in hospitality, accommodation failures and the endless parade of…
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    Amid continued debate over whether or not Sochi is prepared to host the 2014 Olympics (here are 15 alarming signs that Russia might not be ready) reporters from around the world are starting to check into local hotels — to their apparent grief. Some journalists arriving in Sochi are describing appalling…
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    What the two men in this photograph are doing is now illegal in Russia. Amidst an alarming—and frequently violent— government crackdown, being out, or simply supporting gays and lesbians, can now get you thrown in jail, beaten up, or worse. On the eve of the Sochi Olympics, Jeff Sharlet embeds…
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    Olympic Controversies, Scandals, & Stardom 20 historic Olympic moments from doping to protests, to the “whack heard ‘round the world.” Interactive: Olympic controversies As the Winter Olympics kick off in Sochi, relive 20 infamous events in the history of the games.  
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10 Books for Understanding #China’s Economy

Pacific Money writer James Parker recommends the most insightful economics and finance offerings.

James Parker was recently asked which English-language books he would recommend for someone seeking to understand the Chinese economy and financial system. The list and some brief summaries are included here

http://thediplomat.com/2014/02/10-books-for-understanding-chinas-economy/

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    Greek debt tracker   As the government in Athens haggles with its lenders over economic reforms,Greece is running out of money. Here is what it owes in the upcoming months. http://www.ft.com/ig/sites/2015/greek-debt-monitor/
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    Why do we say so ? Easy money policies of recent years could lead to big problems. Warning indicators like the significant number of original general public offerings of organizations that are unprofitable, and substantial degrees of financial debt issued to firms, often with weak credit score.
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Bitcoin new safe heaven ?

The lack of trust in the custodians of fiat money has provided a fertile context for the rise of Bitcoin, the ultimate digital alternative store of value as against mainstream, central bank managed currencies like the US dollar, sterling and the euro.

Ever since advanced market central banks began rolling the printing presses, the warnings from various quarters foretelling the implosion of fiat currencies have been getting louder and louder.

For International Monetary Fund (IMF) CEO Christine Lagarde, the unconventional measures taken by central bankers – such as the Fed’s quantitative easing (QE) and zero interest rate policy (ZIRP) and the ECB’s Long Term Refinancing Operation – have been key to preventing a re-run of the Great Depression.

http://www.economywatch.com/features/can-bitcoins-be-a-global-reserve-currency.07-02.html

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    The European Central Bank announced some measures to ease monetary policy two weeks ago. The euro had been on a downtrend since May and by these measures the ECB increased its support to the economy. The result? Two weeks later, EUR/USD stabilized just above 1.35. This week’s Eurozone economic calendar…
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    The world’s major currencies, which had traded in a relatively stable range, are now in motion -- buffeted by different regional growth and interest rates as well as a simmering brew of geopolitical tensions. Differences are particularly noticeable between the U.S. and Europe, and how far apart currencies in those…
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