- Market volatility has increased at the start of 2016 due to worries over slowing Chinese growth, geopolitical tensions, and falling oil prices. While much bad news is priced in, the author prefers a cautious positioning.
- Fears from 2015, such as concerns about China's economy, geopolitics, and low oil prices, are again impacting markets. However, divergence in central bank policies and improved conditions in developed market labor markets and peripheral European economies create a different environment than last year.
- Due to limited growth and profit prospects alongside not yet extremely cautious sentiment, the author advocates a modest risk stance for asset allocation.
As we enter the last quarter of 2013, US politicians are once again playing a game of brinkmanship; unfortunately one that could have dire consequences for the world’s economy. Politicians continue to entrench opposing positions rather than engage in positive action. It is highly unlikely that the entire US government will shut down as essential services will remain active, but nevertheless, investors dislike uncertainty and markets have been under pressure as the Third Quarter closed.
[CH] A detailed look at the treatment of convertible bonds under the new Solv...NN Investment Partners
NN Investment Partners takes a detailed look at the treatment of convertible bonds under the new Solvency II regulatory regime for European insurers, from November 2015.
Construim parteneriate bazate pe servicii individuale la standard ridicate, nu genul de solutii generaliste. Uneori, un client are nevoie de mai multe masuri pentru a fi sigur ca are garderoba necesara pentru orice ocazie.
As we enter the last quarter of 2013, US politicians are once again playing a game of brinkmanship; unfortunately one that could have dire consequences for the world’s economy. Politicians continue to entrench opposing positions rather than engage in positive action. It is highly unlikely that the entire US government will shut down as essential services will remain active, but nevertheless, investors dislike uncertainty and markets have been under pressure as the Third Quarter closed.
[CH] A detailed look at the treatment of convertible bonds under the new Solv...NN Investment Partners
NN Investment Partners takes a detailed look at the treatment of convertible bonds under the new Solvency II regulatory regime for European insurers, from November 2015.
Construim parteneriate bazate pe servicii individuale la standard ridicate, nu genul de solutii generaliste. Uneori, un client are nevoie de mai multe masuri pentru a fi sigur ca are garderoba necesara pentru orice ocazie.
Market Outlooks
We leverage a global network of investment consultants and researchers to deliver industry specific knowledge and dynamic tools, which allows our clients to make informed strategic investment decisions.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
2. Market volatility has increased again at the start of the year due to intensified worries over Chinese growth
weakness, geopolitical tensions and a further fall of the oil price. Although a lot of bad news is already priced
in, we prefer to maintain a cautious positioning.
Well-known fear factors are back on the table again…
After a somewhat calmer holiday season at the end of last year,
investors might be forgiven for feeling they are playing a part in a new
Groundhog Day movie after the first trading days of the year. In many
respects the well-known fear factors from 2015 are back on the table
again. Ongoing market fragility is reflected by a renewed spike in
market volatility as intensifying worries over growth weakness in
China, geopolitical tensions and oil price de-clines are on the
headlines again. Also comparable to last year is that broad-based risk
aversion in markets is not triggering massive safe haven flows into
global government bond markets, as yields have only dropped
modestly and are still trading close to their 3-month average.
Does this mean that nothing will change in 2016 and that we will all
start feeling like Bill Murray walking through the village of
Punxsutawney, with everything that already happened the day before
(read: last year) happening all over again? Obviously we cannot
exclude this, but it does seem highly unlikely. Change is the only
constant in life and this will not be different for financial markets in
2016.
Still, many things look the same from both a fundamental and
behavioural perspective. Global growth is steady with support from
DM and risks in EM, China remains a crucial swing factor for both
global trade and commodity markets, lack of supply constraints in the
oil market continues to add fuel to the fire for commodity sensitive
market segments (US HY, EMD, energy/materials sectors) and investor
sentiment, and flows and positioning all continue to reflect a cautious
tone.
…although the starting position is very different from last year
At the same time, there are some important differences that might well
drive markets into patterns that are unlike those seen last year. Much
stronger divergence in central bank policy (the Fed hiking, the ECB &
BoJ still easing, mixed bag of hikes and cuts in EM space) is one of the
most important ones. Furthermore, the degree of healing in DM labour
markets is also much further progressed and the peripheral recovery is
on a much stronger footing (even the Greek PMI is back above 50
again!). Also, the large repricing of EM assets last year and other
oil-sensitive assets create a very different starting position compared
to a year or even 6 months ago. As a result, much more misery is
already priced in these market segments which dampens the degree
to which further contagion into other parts of markets and the global
economy could materialize.
While these differences provide some hope on a less volatile market
backdrop for the upcoming year, it should also be noted that some
new dark forces have emerged which cloud the horizon a bit more.
Increasing geopolitical tension in the Middle-East (Saudi-Iran tension,
on top of the war against IS and the Turkey-Russia dispute) is one
factor, while also political fragility in Europe has increased again with
the refugee crisis driving populism higher in many countries and
pushing Brexit risk to all-time highs. Furthermore, Spanish and
Portuguese politics are increas-ingly unclear again and the upcoming
US elections seem more unpredictable than ever. And finally, the
global corporate earnings growth outlook is more challenging than in
the last three years.
We prefer to stay modest in our risk taking
With respect to our asset allocation stance this means that we will
stay relatively modest in our risk taking. With limited signs of a
near-term acceleration in either economic growth or profits and no
signs yet of extremely cau-tious sentiment and positioning (which
would be a contrarian signal) we therefore prefer a rather defensive
positioning.
Valentijn van Nieuwenhuijzen
Head of Multi-Asset
3. About NN Investment Partners
NN Investment Partners is the asset manager of NN Group N.V., a publicly traded corporation. NN
Investment Partners is head-quartered in The Hague, The Netherlands. NN Investment Partners
manages in aggregate approximately EUR 180 bln* (USD 202 bln*) in assets for institutions and
individual investors worldwide. NN Investment Partners employs over 1,200 staff and is active in 16
countries across Europe, Middle East, Asia and U.S.
As of April 07, ING Investment Management has renamed to NN Investment Partners. NN
Investment Partners is part of NN Group N.V., a publicly traded corporation. Currently NN Group is
16.2% owned by ING Group. ING intends to divest the remaining stake in NN Group before 31
December 2016, in line with the timeline ING has agreed with the European Commission.”
*Figures as of 30 September 2015
Disclaimer
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While particular attention has been paid to the contents of this document, no guarantee, warranty or representation, express
or implied, is given to the accuracy, correctness or completeness thereof. Any information given in this document may be
subject to change or update without notice. Neither NN Investment Partners B.V., NN Investment Partners Holdings N.V. nor
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Investment sustains risk. Please note that the value of your investment may rise or fall and also that past performance is not
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