As we begin to recover from the COVID-19 pandemic, you may hear about the possibility of a "K-shaped recovery." NEPC's Jennifer Appel, CFA explores what this means in today's NEPC Topic Talks.
The Graying Job Market in the Atlanta Region & The Economic Impact This PortendsARCResearch
Not only is the population growing older, so is the workforce. This simple fact has vast ramifications for the region as the 65 and older age cohort is increasing its economic strength by staying in the workforce longer and earning more while doing it.
Let's have a discussion about capitalism and socialism. This slideshare makes the case that what we need is more capitalism as it is the system that reduces poverty and actually delivers a better overall quality of life. Yes, there are improvements that can be made, but let's have that discussion before we make revolutionary changes that have not worked well in other places.
While Baby Boomers continue to face retirement and Millennials are slow to mature economically, investors face many dilemmas due to increasing bureaucracy, more government programs, higher taxes and more promises all aimed at solving issues and protecting a working class that is not really working. This impact will no doubt influence your long-term financial plan.
What: The Economic Outlook Forum Featuring Renowned Economist Dr. Michael Walden
Why: The purpose of this forum was for Chamber members and friends to receive timely information on the current performance and future predictions of our national, state, regional, and local economy.
How: This forum was divided into two segments. The first segment featured Dr. Walden's forecast for our national, state, and regional economy. The second segment featured Chamber President and CEO Aaron Nelson framing the mechanics of our regional economy and sharing the results of the Chamber's annual local economic conditions survey.
About the Critical Issues Series: The 2022 Critical Issues Series (formerly known as the Policy Series) includes quarterly forums that feature influential guest speakers who address timely topics for Greater Chapel Hill-Carrboro related to the economy, economic development, public policy, and elections. The series is coordinated by The Chamber's Government Affairs Committee and presented by Chapel Hill Media Group, Durham Technical Community College, and ServPro of South Durham and Orange Counties with support from the Small Business and Technology Development Center (SBTDC), which provides free and confidential business counseling.
As current growth rates reach a new low, competition for the future is on the...SimCorp
As growth rates came to a standstill in 2015, we took stock of expectations for the future. Surveying firms worldwide, we discovered them to be optimistic about long-term prospects, and found the pursuit of future profits gathering pace.
Topic Talks: What's Going on in the Labor MarketNEPC, LLC
In the latest Topic Talks, NEPC's Jenn Appel breaks down the latest trends in the labor market. Check out our YouTube channel at https://www.youtube.com/c/NEPCLLC for more.
The Graying Job Market in the Atlanta Region & The Economic Impact This PortendsARCResearch
Not only is the population growing older, so is the workforce. This simple fact has vast ramifications for the region as the 65 and older age cohort is increasing its economic strength by staying in the workforce longer and earning more while doing it.
Let's have a discussion about capitalism and socialism. This slideshare makes the case that what we need is more capitalism as it is the system that reduces poverty and actually delivers a better overall quality of life. Yes, there are improvements that can be made, but let's have that discussion before we make revolutionary changes that have not worked well in other places.
While Baby Boomers continue to face retirement and Millennials are slow to mature economically, investors face many dilemmas due to increasing bureaucracy, more government programs, higher taxes and more promises all aimed at solving issues and protecting a working class that is not really working. This impact will no doubt influence your long-term financial plan.
What: The Economic Outlook Forum Featuring Renowned Economist Dr. Michael Walden
Why: The purpose of this forum was for Chamber members and friends to receive timely information on the current performance and future predictions of our national, state, regional, and local economy.
How: This forum was divided into two segments. The first segment featured Dr. Walden's forecast for our national, state, and regional economy. The second segment featured Chamber President and CEO Aaron Nelson framing the mechanics of our regional economy and sharing the results of the Chamber's annual local economic conditions survey.
About the Critical Issues Series: The 2022 Critical Issues Series (formerly known as the Policy Series) includes quarterly forums that feature influential guest speakers who address timely topics for Greater Chapel Hill-Carrboro related to the economy, economic development, public policy, and elections. The series is coordinated by The Chamber's Government Affairs Committee and presented by Chapel Hill Media Group, Durham Technical Community College, and ServPro of South Durham and Orange Counties with support from the Small Business and Technology Development Center (SBTDC), which provides free and confidential business counseling.
As current growth rates reach a new low, competition for the future is on the...SimCorp
As growth rates came to a standstill in 2015, we took stock of expectations for the future. Surveying firms worldwide, we discovered them to be optimistic about long-term prospects, and found the pursuit of future profits gathering pace.
Topic Talks: What's Going on in the Labor MarketNEPC, LLC
In the latest Topic Talks, NEPC's Jenn Appel breaks down the latest trends in the labor market. Check out our YouTube channel at https://www.youtube.com/c/NEPCLLC for more.
This presentation by Jason Furman, Professor of the Practice of Economic Policy, Harvard Kennedy School, was made during the discussion “Market Concentration” held at the 129th meeting of the OECD Competition Committee on 7 June 2018. More papers and presentations on the topic can be found out at oe.cd/2gw.
What: The Economic Outlook Forum Featuring Renowned Economist Dr. Michael Walden
When: Thursday, February 23, 2023
Where: The Lumina Theater
Why: The purpose of this forum is for Chamber members and friends to receive timely information on the current performance and future predictions of our national, state, regional, and local economy.
How: This forum will be divided into two segments. The first segment will feature Dr. Walden's forecast for our national, state, and regional economy. The second segment will feature Chamber President and CEO Aaron Nelson's summary of findings from The Chamber's annual local economic conditions survey.
About the Critical Issues Series: The 2023 Critical Issues Series (formerly known as the Policy Series) includes quarterly forums that feature influential guest speakers who address timely topics for Greater Chapel Hill-Carrboro related to the economy, economic development, public policy, and elections. The series is coordinated by The Chamber's Government Affairs Committee and presented by Chapel Hill Media Group and ServPro of South Durham and Orange Counties with support from the Small Business and Technology Development Center (SBTDC), which provides free and confidential business counseling. Special thank you to The Lumina Theater for hosting this event and Weaver Street Market for providing delicious coffee.
Brazil Digital Report: a first-edition dossier on the Brazilian digital economy. A comprehensive report on trends and facts for investors, public and private institutions, entrepreneurs, executives, students, and for digital savvy people who are curious about Brazil.
https://www.brazilatsiliconvalley.com/
Brazil Digital Report - 1st Edition By McKinsey & Company and Brazil at Silic...Ana Lucia Amaral
An amazing initiative by McKinsey and Brazil at Silicon Valley: A report that presents an overview of Brazil’s economy, including its innovation, digital and entrepreneurial landscape. Source: https://www.brazilatsiliconvalley.com/brazil-digital-report
#BSV19
Brazil Digital Report - 1st Edition
A first-edition dossier on the Brazilian digital economy
April 8th, 2019
The Report
A comprehensive 191-page report on the Brazilian digital economy, including macroeconomic indicators, Internet trends, investment facts, and data on the overall entrepreneurship and innovation landscape.
The Audience
This report is intended for all those who can play a part in driving the innovation agenda in the country – entrepreneurs, investors, public and private institutions, global business leaders, as well as digital savvy people who are curious about Brazil.
The Methodology
This is a curated compilation of public information and selected proprietary McKinsey data. We aspire to revise it annually with fresh data in order to tell the ongoing story of Brazil’s digital and innovation evolution.
Acknowledgments
McKinsey thanks the support it has received from Brazil at Silicon Valley, a student-led movement that started at Stanford University and whose mission is to improve Brazil’s competitiveness and global relevance through technology and innovation.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
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.
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
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
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.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
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
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
NEPC Topic Talks: Understanding a K-Shaped Economy
1. BOSTON | ATLANTA | CHARLOTTE | CHICAGO | DETROIT | LAS VEGAS | PORTLAND | SAN FRANCISCO
UNDERSTANDING A
K-SHAPED ECONOMY
April 2021
Jennifer Appel, CFA
Research Consultant, Asset Allocation
2. 2
WHAT DOES THE K-SHAPE MEAN?
A K-shape refers to
the divergence in
different sectors,
industries, and
groups of an
economy following a
major economic
shock
The K-shape
highlights the
potential for an
uneven recovery and
greater inequality
within the economy
3. The COVID-19 recession and subsequent recovery has
exhibited K-shaped characteristics in two distinct ways:
THE K-SHAPE IN THE CURRENT ENVIRONMENT
3
Performance Divergence
Pandemic containment efforts
abruptly created a virtual
environment. Restrictions were
advantageous to industries or
activities that could persist in a
virtual world.
Recovery Trajectory
The unique nature of the
recession exaggerated existing
divides in the labor market and
wealth inequality. A continuation
in the uneven nature of the
recovery will likely impact the
economy’s long-term trajectory.
Smaller companies
Industries and companies relying
on in-person presence
Larger, more adaptable companies
Industries and companies with e-
commerce presence/capabilities
Part-time, lower income, lower
education requirement employment
Individuals and businesses with
smaller balance sheets
Full-time, higher income jobs and
industries that could easily adapt
to work from home
Individuals and businesses with
larger balance sheets
5. Market Cap Change
2019 - 2020
PERFORMANCE DIVERGENCE: COMPANY
5
S&P 500
Index
$31.7T
+18%
Face-
book
$778B
+33%
Apple
$2.2T
+73%
Amazon
$1.6T
+78%
Netflix
$239B
+69%
Google
$1.2T
+28%
Microsoft
$1.7T
+40%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
2020 Price Returns
The
Up
Leg
Source: S&P, FactSet
6. PERFORMANCE DIVERGENCE: COMPANY
6
Source: NFIB Survey of Small and Independent Business Owners
The
Down
Leg
Do you think that six months
from now general business
conditions will be better than
they are now, about the same,
or worse?
Do you think the next three
months will be a good time for
small business to expand
substantially?
What do you expect to happen
to the real volume of goods
and/or services that you will
sell in the next three months?
Detailed Survey Questions
2010 2015 2020
Higher
Lower
2010 2015 2020
Better
Worse
2010 2015 2020
Better
Worse
80
90
100
110
2010 2013 2016 2019
Small Business Optimism
7. RECOVERY TRAJECTORY: THE LABOR MARKET
7
-25% -20% -15% -10% -5% 0%
Financial Activities
Utilities
Retail Trade
Transportation and Warehousing
Construction
Professional and Business Services
Wholesale Trade
Education and Health Services
Manufacturing
Government
Total Non-farm
Information
Mining and Logging
Leisure and Hospitality
Change in Employment by Industry
Source: Bureau of Labor Statistics; represents change from February 2020 to January 2021
8. Change in Employment 2019 to 2020
RECOVERY TRAJECTORY: THE LABOR MARKET
8
Wage Level
Educational
Attainment
Gender
Race/
Ethnicity
Lowest Fourth Second Fourth Third Fourth Highest Fourth
-7.9M -3.3M +0.6M +1.0M
Sources: Bureau of Labor Statistics, Economic Policy Institute, National Women’s Law Center
Change in Unemployment Rate 2019 to 2020
White Black Asian Hispanic/Latino
+2.8% +4.5% +4.1% +4.7%
Change in Unemployment Rate 2019 to 2020
Less than a High
School Diploma
+3.4% +3.4% +3.5% +2.0%
High School
Graduate
Some College or
Associates Degree
Bachelor’s Degree
and Higher
Change in Employment Since February 2020
Male Female
-1.8M -2.3M
9. The pandemic has magnified pre-existing wealth inequality
Fiscal and monetary responses have been impactful, but they are blunt tools
RECOVERY TRAJECTORY: WEALTH DISTRIBUTION
9
Individuals or institutions with
fewer physical and financial assets
Those with less savings; a smaller
financial safety net can make it
more difficult to pay bills or rent if
income is interrupted
Individuals or institutions with physical
and financial assets benefitted from
home price appreciation and the
equity market rally
White collar workers with minimal job
interruption, who may have enjoyed
lower expenses during the pandemic
$(5)
$(3)
$(2)
$-
$2
$3
$5
Billionaire Wealth
Gained
Labor Income Lost
Trillions
Source: Oxfam and the International Labour Organization;
Represents change in worldwide worker earnings and billionaire wealth during the COVID-19 pandemic
The
Up
Leg
The
Down
Leg
10. The “K” dynamic will likely shape tax and fiscal policy
New legislation will be aimed at lessening the divergence between groups
Pushing inequality to extremes may create political instability
The long-term labor market impact is uncertain
Will impacted jobs and industries return or are they permanently gone?
Will individuals become discouraged and leave the workforce altogether?
The duration of consumption and behavioral changes will
impact the recovery trajectory of the economy
Longer-lasting behavioral changes will likely benefit larger
companies, with tailwinds such as adaptability, easier access
to capital, and greater market share working in their favor
A robust economic recovery will take longer than average
LONG-TERM IMPLICATIONS & CONSIDERATIONS
10
11. INFORMATION DISCLAIMER
Past performance is no guarantee of future results.
The goal of this report is to provide a basis for substantiating
asset allocation recommendations. The opinions presented
herein represent the good faith views of NEPC as of the date of
this report and are subject to change at any time.
Information on market indices was provided by sources
external to NEPC. While NEPC has exercised reasonable
professional care in preparing this report, we cannot guarantee
the accuracy of all source information contained within.
All investments carry some level of risk. Diversification and
other asset allocation techniques do not ensure profit or
protect against losses.
This report is provided as a management aid for the client’s
internal use only. This report may contain confidential or
proprietary information and may not be copied or redistributed
to any party not legally entitled to receive it.
11