This presentation looks a issues facing the United States. The presentation will include key stats as reference point as United States changes from a Democratic led government to Republican government in November 2016.
Key Market and Economic Indicators for Canada and United States - September 2016paul young cpa, cga
This presentation will look at both industry metrics as well as economic trends related to Canada and United States.
The presentation will provide information on the economy as part of companies looking for growth options within their business segments.
China is still a large country as such trade is very important to China. United States continues to review its' policies when it comes to Foreign Trade and Relations with countries like China.
There are more to fixing income inequality than making changes to social programs. There needs to be emphasis on all angles of policies from training/skills development to Economic Development to Tax fairness to cutting regulatory burden/businesses.
Blog – Scorecard – Fiscal and GDP – Canada – February 2021 and March 2021
1. GDP for Canada continues to lag the USA in terms of growth - https://economics.td.com/ca-weekly-bottom-line
2. GDP maybe recovery but there are still issues with the labor market - https://www.bloomberg.com/news/articles/2021-04-30/canada-posts-11th-straight-monthly-gain-in-economic-output. Employment / April 2021 - https://economics.td.com/ca-employment
3. Supply chain - https://ipolitics.ca/2021/04/15/blockage-of-suez-canal-offers-geopolitical-lessons-for-canada/
4. Budget 2021 will not fix housing - https://blog.remax.ca/2021-budget-wont-fix-canadian-real-estate-affordability/
5. Issues with commodity prices - https://www.worldbank.org/en/news/press-release/2021/04/20/commodity-prices-to-stabilize-after-early-2021
6. eCommerce and space - https://www.mortgagebrokernews.ca/news/commercial-mortgage/cbre-on-the-profound-impact-of-ecommerce-on-canadas-industrial-property-355408.aspx
7. Pipelines - https://www.bnnbloomberg.ca/enbridge-to-biden-lake-michigan-pipeline-tunnel-fits-u-s-plans-1.1586585
8. Grain production cut back - https://www.world-grain.com/articles/15208-canadian-farmers-to-cut-back-on-wheat-oats-plantings-this-spring
9. Skills gaps - https://thebusinesscouncil.ca/publication/newcomers-help-fill-canadas-skills-gap/
Get used to higher costs as high freight costs, high commodity prices, and other areas will continue to escalate! @MonaFortier - can you explain how your policies have made things more affordable?
https://www.slideshare.net/paulyoungcga/retail-sales-canada-february-2021
Key Market and Economic Indicators for Canada and United States - September 2016paul young cpa, cga
This presentation will look at both industry metrics as well as economic trends related to Canada and United States.
The presentation will provide information on the economy as part of companies looking for growth options within their business segments.
China is still a large country as such trade is very important to China. United States continues to review its' policies when it comes to Foreign Trade and Relations with countries like China.
There are more to fixing income inequality than making changes to social programs. There needs to be emphasis on all angles of policies from training/skills development to Economic Development to Tax fairness to cutting regulatory burden/businesses.
Blog – Scorecard – Fiscal and GDP – Canada – February 2021 and March 2021
1. GDP for Canada continues to lag the USA in terms of growth - https://economics.td.com/ca-weekly-bottom-line
2. GDP maybe recovery but there are still issues with the labor market - https://www.bloomberg.com/news/articles/2021-04-30/canada-posts-11th-straight-monthly-gain-in-economic-output. Employment / April 2021 - https://economics.td.com/ca-employment
3. Supply chain - https://ipolitics.ca/2021/04/15/blockage-of-suez-canal-offers-geopolitical-lessons-for-canada/
4. Budget 2021 will not fix housing - https://blog.remax.ca/2021-budget-wont-fix-canadian-real-estate-affordability/
5. Issues with commodity prices - https://www.worldbank.org/en/news/press-release/2021/04/20/commodity-prices-to-stabilize-after-early-2021
6. eCommerce and space - https://www.mortgagebrokernews.ca/news/commercial-mortgage/cbre-on-the-profound-impact-of-ecommerce-on-canadas-industrial-property-355408.aspx
7. Pipelines - https://www.bnnbloomberg.ca/enbridge-to-biden-lake-michigan-pipeline-tunnel-fits-u-s-plans-1.1586585
8. Grain production cut back - https://www.world-grain.com/articles/15208-canadian-farmers-to-cut-back-on-wheat-oats-plantings-this-spring
9. Skills gaps - https://thebusinesscouncil.ca/publication/newcomers-help-fill-canadas-skills-gap/
Get used to higher costs as high freight costs, high commodity prices, and other areas will continue to escalate! @MonaFortier - can you explain how your policies have made things more affordable?
https://www.slideshare.net/paulyoungcga/retail-sales-canada-february-2021
Blog – Private Sector vs Public Sector Employment
I have always supported program spending as long it is effective and delivered with value for money. I have also supported tax fairness in terms of closing tax havens, fixing the tax code, eliminating regressive taxes like carbon taxes, etc.
Government at all levels continue to struggle with its adoption of digital footprint for government. Government needs to put more focus on how best to delivered program spending through the adoption of better processes including technological solutions.
1. Average government salary / Canada - https://ca.talent.com/salary?job=government - $58K or about $80K when you factor in the perks, i.e., benefits, pensions, etc.
2. Big government - https://www.hilltimes.com/2021/10/06/whats-ahead-for-small-government-crusaders-in-the-wake-of-covid-19/321415
3. Pension - https://www.gov.uk/government/consultations/public-service-pensions-cost-control-mechanism-consultation
4. Public accounting - https://www.pioneerspost.com/news-views/20211005/go-figure-why-public-accounting-doesnt-add-on-social-value
5. Red tape - https://new.in-24.com/business/242792.html
6. Sunshine list - https://toronto.ctvnews.ca/ontario-s-2020-sunshine-list-revealed-here-are-the-people-who-got-paid-the-most-1.5354551
7. Teacher pension funding - https://www.otpp.com/members/cms/en/life-career-events/the-basics/contributing-to-your-pension/calculating-contributions.html
8. Defined benefit plan - https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-db-pension-plan-returns-dip-balance-sheets-stable-in-september-report/
9. Waste and fraud - https://thebrunswicknews.com/opinion/daily_editorial/waste-fraud-continue-to-hinder-government-spending/article_9163d765-f4ea-5124-abb0-279dd14126b2.html
10. Fiscal policy - https://www.timesrepublican.com/opinion/columnists/2021/10/no-government-spending-isnt-zero-cost/
11. https://globalnews.ca/news/8191700/unions-oppose-otoole-vote-not-conservative/ You can bet @UniforTheUnion and other unions do not look at economic data. The economy has performed worse under @JustinTrudeau er. It is time to bring back mandatory reporting of how union dues are spent! https://www.slideshare.net/paulyoungcga/public-and-private-sector-unions-analysis-and-commentary or https://www.slideshare.net/paulyoungcga/what-is-the-path-forward-for-canada-250124979
12. https://www.slideshare.net/paulyoungcga/how-to-transform-the-fiscal-and-governance-model-for-canada-and-the-world
The gig economy the economic backbone of the future by brodmin.comMohammadSaifulIslam45
The Gig Economy The Economic Backbone of the Future by brodmin.com
The gig economy represents a free market system in which organizations and independent workers engage in short-term work arrangements.
gig economy
Wages and Job Vacancies (Job Quality) - Canada - January 2022 and February 20...paul young cpa, cga
Summary:
Nearly 50% of the job vacancies are with jobs that pay less than the average wage.
Jobs in areas like manufacturing, mining, real estate, IT, professional services require years of education and certification.
Liberals continue to bring in policies that does little to develop both the natural resources sector and the advance manufacturing sector.
Human Capital and Workforce Planning| Canada and the Worldpaul young cpa, cga
Human capital management is becoming a critical issue for both the private and public sectors. I have written many blogs and presentations on human capital. The fix is not the difficult as it relates to the training and development of employees for current and future jobs. The old saying “Quality work demands quality people and product”
1. Wages - https://www.washingtonexaminer.com/restoring-america/community-family/should-america-follow-canadas-low-wage-high-immigration-model
2. November 2021 jobs - https://ca.news.yahoo.com/november-jobs-report-what-to-know-this-week-144428419.html
3. AI and jobs - https://www.koreatimes.co.kr/www/biz/2021/11/488_319499.html?tw
4. 2022 Automation - https://www.uipath.com/blog/automation/top-automation-trends-2022
5. Digital - https://www.zdnet.com/article/top-7-trends-shaping-digital-transformation-in-2022/
6. Digital - https://venturebeat.com/2021/11/06/report-only-7-of-it-decision-makers-say-theyre-equipped-for-digital-transformation/
7. Skills trades - https://www.northernontariobusiness.com/industry-news/training-education/province-announces-90m-to-promote-skilled-trades-4798564
8. Wages - https://www.cnbc.com/2021/11/10/inflation-has-taken-away-all-the-wage-gains-for-workers-and-then-some.html
9. Business investment - https://www.conference-board.org/research/us-forecast
10. Business investment - https://www.reuters.com/markets/rates-bonds/australia-q3-business-investment-slips-outlook-surprisingly-resilient-2021-11-25/
Blog – What is next for Solar Panels
Solar panels become a key area as part of clean energy. There are many problems that require attention before solar panels can play a key part of the electrical grid.
1. Solar Panel - https://www.northernminer.com/fast-news/bank-of-america-sees-further-upside-potential-for-silver-in-2021/1003825311/
2. Solar Stock - https://finance.yahoo.com/news/10-best-solar-energy-stocks-131437005.html
3. Health risks - https://www.chathamhouse.org/publications/the-world-today/2021-10/solar-panels-dark-side
4. Risks - https://www.roofingcalc.com/solar-panel-pros-and-cons-plus-cost-benefit-analysis/
5. Supply - https://www.americanprogress.org/issues/security/reports/2021/10/04/504512/creating-domestic-u-s-supply-chain-clean-energy-technology/
6. Grid issues - https://www.usnews.com/news/best-states/new-mexico/articles/2021-10-09/supply-chain-problems-threaten-utilitys-power-supplies
7. Resilient supply chain - https://pv-magazine-usa.com/2021/10/04/why-the-u-s-would-gain-from-a-domestic-renewable-energy-supply-chain/
8. Trade and Tariffs - https://www.spglobal.com/platts/en/market-insights/latest-news/electric-power/100721-us-solar-industry-frozen-by-proposed-tariffs-on-modules-swinerton-renewable-chief
9. Raw materials - https://www.canarymedia.com/articles/solar/whats-behind-solars-polysilicon-shortage-and-why-its-not-getting-better-anytime-soon
10. Innovation - https://www.worldfutureenergysummit.com/en-gb/future-insights-blog/solar-investment-and-innovation-outpaces-supply-problems.html
2019 Election| Employment and Job Quality| Canada| August 2019paul young cpa, cga
Canada has low unemployment rate, but the low unemployment rate does not tell the complete picture of the labor market.
There are issues with job quality. There needs to be change in government policies that better support goods producing, IT and advance skill level jobs.
Government needs to become more efficient -
Employment was up by 32,000 in wholesale and retail trade in April, driven by increases in Quebec and Alberta. Compared with 12 months earlier, employment in this industry grew by 75,000 (+2.7%), entirely due to gains since the beginning of 2019.
Following four months of little change, employment in construction increased by 29,000 in April. Gains were concentrated in Ontario and British Columbia. On a year-over-year basis, employment in this industry was up by 32,000 (+2.2%).
There were 14,000 more people working in information, culture and recreation, entirely due to increases in Ontario. Compared with 12 months earlier, employment in this industry was little changed.
In "other services," employment rose by 14,000 in April. This industry includes repair and maintenance; services related to civic and professional organizations; and personal and laundry services. Increases were concentrated in Quebec and Alberta. On a year-over-year basis, employment in this industry grew by 28,000 (+3.5%).
Employment in public administration increased by 9,000 in April, entirely due to more people working in this industry in Quebec. On a year-over-year basis, employment grew by 41,000 (+4.2%) at the national level, driven by gains since the beginning of 2019.
In agriculture, employment rose by 7,000 in April. On a year-over-year basis, employment in this industry was little changed.
Employment decreased by 15,000 in professional, scientific and technical services, mostly in Quebec. Nationally, this was the first monthly decline since August 2018. Despite the decrease in the month, employment in this industry grew by 63,000 (+4.3%) on a year-over-year basis.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190510/dq190510a-eng.htm
Market set prices for business
Canada goods producing sector jobs as % of total jobs has decreased since the Liberals took office in 2015
Liberals impose new small business tax rules (Passive Income and Income Sprinkling)
Government set policies like environment laws, labour laws, trade/investment, taxation
Canada new C69 will drag out approval for resource projects by years.
It is not one policy that drives FDI, but many policies
FDI has left Canada for other jurisdiction due to taxes and regulatory processes - http://business.financialpost.com/commodities/energy/canadian-drillers-moving-rigs-south-to-chase-better-prospects-in-texas-oilfields
Canada personal taxation rates have been increased over the past few years.
Fiscal management – Conservative Party of Canada - PM Harperpaul young cpa, cga
Many articles have been written on how PM Harper was poor fiscal management. Yet many of the articles either never deal with recession which included a stimulus or the fact austerity measures of required in the 1990s forced the government to put moneys back into the system through wealth distribution (Transfer to people and provinces)
Have the Liberals made lives for Canadians more affordable?paul young cpa, cga
The liberal ran on a platform saying they would make things more affordable. This presentation discuss key policy changes as part of people assessing did the Liberals make lives either more affordable or less affordable
Liberal and the Environment (Climate Change) | Is Canada better off?paul young cpa, cga
Blog – How Justin Trudeau and his Government been better for Climate Change and the Environment
Liberals ranking on environment is now 20th (2021) as compared to 25th in 2015
Liberals ranking on innovation is 16th (2021) which is the same ranking in 2015
Liberals have seen issues with FDI
Liberals have seen 1% growth in emission since they took office in 2015
Cost of Living (Inflation)| The United States| October 2021paul young cpa, cga
Bottom Line: Inflation is spreading to more items as supply can't keep up with sturdy underlying demand that's stoked by stimulative policies, forcing more companies to pass along rising costs. A combination of low base-year effects, supply-side disruptions, delivery bottlenecks, labour shortages, elevated energy and food costs, and rising residential rents could keep the CPI rate above 6% through the turn of the year, while the core rate will likely take a run at 5%. Chair Powell expects inflation to begin to retreat by the second or third quarter of next year as supply constraints abate and reopening-demand pressures fade. But it will be a long and anxious waiting period (assuming he's still Chair). And, should wage growth rise further or inflation expectations resume an upward drift, the Fed might not be able to wait that long before pulling the tightening trigger.
Source - https://economics.bmo.com/en/publications/detail/86bbbd1a-eb53-42cd-902c-a804528f193e/
1. Food costs - https://ktvz.com/money/cnn-business-consumer/2021/11/05/world-food-prices-are-up-30-in-a-year/
2. OPEC tells Biden to pump the oil himself - https://www.forbes.com/sites/arielcohen/2021/11/09/opec-says-to-biden-if-you-want-more-oil-pump-it-yourself/?sh=11d02fb93efd OPEC told Biden (11/9/2021) to pump more USA oil https://www.slideshare.net/paulyoungcga/oil-and-gas-energy-sector-analysis-and-commentary-october-2021-revised
3. Supply chain - https://edtechmagazine.com/higher/k12/article/2021/11/4-ways-avoid-supply-chain-delays-2022
4. Low income - https://ktvz.com/news/2021/11/10/higher-gas-prices-and-heating-costs-will-hurt-low-income-families-the-most-this-winter/
5. Carbon tax - https://www.washingtonexaminer.com/opinion/rising-gas-prices-show-why-a-carbon-tax-is-a-bad-idea
6. Housing - https://www.cnbc.com/2021/11/10/home-prices-are-now-rising-much-faster-than-incomes-studies-show.html
7. Commodity prices - https://blackbullmarkets.com/en/market-reviews/are-commodity-prices-going-up/
8. Interest rates - https://www.cnbc.com/2021/11/10/federal-reserve-james-bullard-expects-two-rate-hikes-next-year.html
9. Green employment - https://www.aei.org/articles/will-green-energy-produce-more-jobs-three-experts-discuss/
10. Job market - https://www.cnbc.com/2021/11/09/switching-jobs-can-lead-to-higher-pay-heres-what-to-know.html
11. China - https://www.cnn.com/2021/11/10/economy/china-cpi-ppi-inflation-intl-hnk/index.html
Economic and Government Policies - United states - June 2016paul young cpa, cga
This presentation discusses both economic as well as government policies for USA (United States). The focus will be on the following areas:
1. Debt to GDP
2. Budget deficits
3. Trade
4. Retail Sales
5. Income inequality
6. Banking Sector
7. Taxation
8. Debt Holders
9. Nearshoring
10. housing
11. Household debt
Blog – Private Sector vs Public Sector Employment
I have always supported program spending as long it is effective and delivered with value for money. I have also supported tax fairness in terms of closing tax havens, fixing the tax code, eliminating regressive taxes like carbon taxes, etc.
Government at all levels continue to struggle with its adoption of digital footprint for government. Government needs to put more focus on how best to delivered program spending through the adoption of better processes including technological solutions.
1. Average government salary / Canada - https://ca.talent.com/salary?job=government - $58K or about $80K when you factor in the perks, i.e., benefits, pensions, etc.
2. Big government - https://www.hilltimes.com/2021/10/06/whats-ahead-for-small-government-crusaders-in-the-wake-of-covid-19/321415
3. Pension - https://www.gov.uk/government/consultations/public-service-pensions-cost-control-mechanism-consultation
4. Public accounting - https://www.pioneerspost.com/news-views/20211005/go-figure-why-public-accounting-doesnt-add-on-social-value
5. Red tape - https://new.in-24.com/business/242792.html
6. Sunshine list - https://toronto.ctvnews.ca/ontario-s-2020-sunshine-list-revealed-here-are-the-people-who-got-paid-the-most-1.5354551
7. Teacher pension funding - https://www.otpp.com/members/cms/en/life-career-events/the-basics/contributing-to-your-pension/calculating-contributions.html
8. Defined benefit plan - https://www.benefitscanada.com/canadian-investment-review/research-markets/canadian-db-pension-plan-returns-dip-balance-sheets-stable-in-september-report/
9. Waste and fraud - https://thebrunswicknews.com/opinion/daily_editorial/waste-fraud-continue-to-hinder-government-spending/article_9163d765-f4ea-5124-abb0-279dd14126b2.html
10. Fiscal policy - https://www.timesrepublican.com/opinion/columnists/2021/10/no-government-spending-isnt-zero-cost/
11. https://globalnews.ca/news/8191700/unions-oppose-otoole-vote-not-conservative/ You can bet @UniforTheUnion and other unions do not look at economic data. The economy has performed worse under @JustinTrudeau er. It is time to bring back mandatory reporting of how union dues are spent! https://www.slideshare.net/paulyoungcga/public-and-private-sector-unions-analysis-and-commentary or https://www.slideshare.net/paulyoungcga/what-is-the-path-forward-for-canada-250124979
12. https://www.slideshare.net/paulyoungcga/how-to-transform-the-fiscal-and-governance-model-for-canada-and-the-world
The gig economy the economic backbone of the future by brodmin.comMohammadSaifulIslam45
The Gig Economy The Economic Backbone of the Future by brodmin.com
The gig economy represents a free market system in which organizations and independent workers engage in short-term work arrangements.
gig economy
Wages and Job Vacancies (Job Quality) - Canada - January 2022 and February 20...paul young cpa, cga
Summary:
Nearly 50% of the job vacancies are with jobs that pay less than the average wage.
Jobs in areas like manufacturing, mining, real estate, IT, professional services require years of education and certification.
Liberals continue to bring in policies that does little to develop both the natural resources sector and the advance manufacturing sector.
Human Capital and Workforce Planning| Canada and the Worldpaul young cpa, cga
Human capital management is becoming a critical issue for both the private and public sectors. I have written many blogs and presentations on human capital. The fix is not the difficult as it relates to the training and development of employees for current and future jobs. The old saying “Quality work demands quality people and product”
1. Wages - https://www.washingtonexaminer.com/restoring-america/community-family/should-america-follow-canadas-low-wage-high-immigration-model
2. November 2021 jobs - https://ca.news.yahoo.com/november-jobs-report-what-to-know-this-week-144428419.html
3. AI and jobs - https://www.koreatimes.co.kr/www/biz/2021/11/488_319499.html?tw
4. 2022 Automation - https://www.uipath.com/blog/automation/top-automation-trends-2022
5. Digital - https://www.zdnet.com/article/top-7-trends-shaping-digital-transformation-in-2022/
6. Digital - https://venturebeat.com/2021/11/06/report-only-7-of-it-decision-makers-say-theyre-equipped-for-digital-transformation/
7. Skills trades - https://www.northernontariobusiness.com/industry-news/training-education/province-announces-90m-to-promote-skilled-trades-4798564
8. Wages - https://www.cnbc.com/2021/11/10/inflation-has-taken-away-all-the-wage-gains-for-workers-and-then-some.html
9. Business investment - https://www.conference-board.org/research/us-forecast
10. Business investment - https://www.reuters.com/markets/rates-bonds/australia-q3-business-investment-slips-outlook-surprisingly-resilient-2021-11-25/
Blog – What is next for Solar Panels
Solar panels become a key area as part of clean energy. There are many problems that require attention before solar panels can play a key part of the electrical grid.
1. Solar Panel - https://www.northernminer.com/fast-news/bank-of-america-sees-further-upside-potential-for-silver-in-2021/1003825311/
2. Solar Stock - https://finance.yahoo.com/news/10-best-solar-energy-stocks-131437005.html
3. Health risks - https://www.chathamhouse.org/publications/the-world-today/2021-10/solar-panels-dark-side
4. Risks - https://www.roofingcalc.com/solar-panel-pros-and-cons-plus-cost-benefit-analysis/
5. Supply - https://www.americanprogress.org/issues/security/reports/2021/10/04/504512/creating-domestic-u-s-supply-chain-clean-energy-technology/
6. Grid issues - https://www.usnews.com/news/best-states/new-mexico/articles/2021-10-09/supply-chain-problems-threaten-utilitys-power-supplies
7. Resilient supply chain - https://pv-magazine-usa.com/2021/10/04/why-the-u-s-would-gain-from-a-domestic-renewable-energy-supply-chain/
8. Trade and Tariffs - https://www.spglobal.com/platts/en/market-insights/latest-news/electric-power/100721-us-solar-industry-frozen-by-proposed-tariffs-on-modules-swinerton-renewable-chief
9. Raw materials - https://www.canarymedia.com/articles/solar/whats-behind-solars-polysilicon-shortage-and-why-its-not-getting-better-anytime-soon
10. Innovation - https://www.worldfutureenergysummit.com/en-gb/future-insights-blog/solar-investment-and-innovation-outpaces-supply-problems.html
2019 Election| Employment and Job Quality| Canada| August 2019paul young cpa, cga
Canada has low unemployment rate, but the low unemployment rate does not tell the complete picture of the labor market.
There are issues with job quality. There needs to be change in government policies that better support goods producing, IT and advance skill level jobs.
Government needs to become more efficient -
Employment was up by 32,000 in wholesale and retail trade in April, driven by increases in Quebec and Alberta. Compared with 12 months earlier, employment in this industry grew by 75,000 (+2.7%), entirely due to gains since the beginning of 2019.
Following four months of little change, employment in construction increased by 29,000 in April. Gains were concentrated in Ontario and British Columbia. On a year-over-year basis, employment in this industry was up by 32,000 (+2.2%).
There were 14,000 more people working in information, culture and recreation, entirely due to increases in Ontario. Compared with 12 months earlier, employment in this industry was little changed.
In "other services," employment rose by 14,000 in April. This industry includes repair and maintenance; services related to civic and professional organizations; and personal and laundry services. Increases were concentrated in Quebec and Alberta. On a year-over-year basis, employment in this industry grew by 28,000 (+3.5%).
Employment in public administration increased by 9,000 in April, entirely due to more people working in this industry in Quebec. On a year-over-year basis, employment grew by 41,000 (+4.2%) at the national level, driven by gains since the beginning of 2019.
In agriculture, employment rose by 7,000 in April. On a year-over-year basis, employment in this industry was little changed.
Employment decreased by 15,000 in professional, scientific and technical services, mostly in Quebec. Nationally, this was the first monthly decline since August 2018. Despite the decrease in the month, employment in this industry grew by 63,000 (+4.3%) on a year-over-year basis.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/190510/dq190510a-eng.htm
Market set prices for business
Canada goods producing sector jobs as % of total jobs has decreased since the Liberals took office in 2015
Liberals impose new small business tax rules (Passive Income and Income Sprinkling)
Government set policies like environment laws, labour laws, trade/investment, taxation
Canada new C69 will drag out approval for resource projects by years.
It is not one policy that drives FDI, but many policies
FDI has left Canada for other jurisdiction due to taxes and regulatory processes - http://business.financialpost.com/commodities/energy/canadian-drillers-moving-rigs-south-to-chase-better-prospects-in-texas-oilfields
Canada personal taxation rates have been increased over the past few years.
Fiscal management – Conservative Party of Canada - PM Harperpaul young cpa, cga
Many articles have been written on how PM Harper was poor fiscal management. Yet many of the articles either never deal with recession which included a stimulus or the fact austerity measures of required in the 1990s forced the government to put moneys back into the system through wealth distribution (Transfer to people and provinces)
Have the Liberals made lives for Canadians more affordable?paul young cpa, cga
The liberal ran on a platform saying they would make things more affordable. This presentation discuss key policy changes as part of people assessing did the Liberals make lives either more affordable or less affordable
Liberal and the Environment (Climate Change) | Is Canada better off?paul young cpa, cga
Blog – How Justin Trudeau and his Government been better for Climate Change and the Environment
Liberals ranking on environment is now 20th (2021) as compared to 25th in 2015
Liberals ranking on innovation is 16th (2021) which is the same ranking in 2015
Liberals have seen issues with FDI
Liberals have seen 1% growth in emission since they took office in 2015
Cost of Living (Inflation)| The United States| October 2021paul young cpa, cga
Bottom Line: Inflation is spreading to more items as supply can't keep up with sturdy underlying demand that's stoked by stimulative policies, forcing more companies to pass along rising costs. A combination of low base-year effects, supply-side disruptions, delivery bottlenecks, labour shortages, elevated energy and food costs, and rising residential rents could keep the CPI rate above 6% through the turn of the year, while the core rate will likely take a run at 5%. Chair Powell expects inflation to begin to retreat by the second or third quarter of next year as supply constraints abate and reopening-demand pressures fade. But it will be a long and anxious waiting period (assuming he's still Chair). And, should wage growth rise further or inflation expectations resume an upward drift, the Fed might not be able to wait that long before pulling the tightening trigger.
Source - https://economics.bmo.com/en/publications/detail/86bbbd1a-eb53-42cd-902c-a804528f193e/
1. Food costs - https://ktvz.com/money/cnn-business-consumer/2021/11/05/world-food-prices-are-up-30-in-a-year/
2. OPEC tells Biden to pump the oil himself - https://www.forbes.com/sites/arielcohen/2021/11/09/opec-says-to-biden-if-you-want-more-oil-pump-it-yourself/?sh=11d02fb93efd OPEC told Biden (11/9/2021) to pump more USA oil https://www.slideshare.net/paulyoungcga/oil-and-gas-energy-sector-analysis-and-commentary-october-2021-revised
3. Supply chain - https://edtechmagazine.com/higher/k12/article/2021/11/4-ways-avoid-supply-chain-delays-2022
4. Low income - https://ktvz.com/news/2021/11/10/higher-gas-prices-and-heating-costs-will-hurt-low-income-families-the-most-this-winter/
5. Carbon tax - https://www.washingtonexaminer.com/opinion/rising-gas-prices-show-why-a-carbon-tax-is-a-bad-idea
6. Housing - https://www.cnbc.com/2021/11/10/home-prices-are-now-rising-much-faster-than-incomes-studies-show.html
7. Commodity prices - https://blackbullmarkets.com/en/market-reviews/are-commodity-prices-going-up/
8. Interest rates - https://www.cnbc.com/2021/11/10/federal-reserve-james-bullard-expects-two-rate-hikes-next-year.html
9. Green employment - https://www.aei.org/articles/will-green-energy-produce-more-jobs-three-experts-discuss/
10. Job market - https://www.cnbc.com/2021/11/09/switching-jobs-can-lead-to-higher-pay-heres-what-to-know.html
11. China - https://www.cnn.com/2021/11/10/economy/china-cpi-ppi-inflation-intl-hnk/index.html
Economic and Government Policies - United states - June 2016paul young cpa, cga
This presentation discusses both economic as well as government policies for USA (United States). The focus will be on the following areas:
1. Debt to GDP
2. Budget deficits
3. Trade
4. Retail Sales
5. Income inequality
6. Banking Sector
7. Taxation
8. Debt Holders
9. Nearshoring
10. housing
11. Household debt
United States Retail Sales for August 2016 - Analysis and Commentary paul young cpa, cga
This presentation will discuss Retail Sales for United States for the period-ending August 31, 2016.
Consumer spending is a key driver of the economy as such the information needs to be review along with other areas like housing starts, manufacturing, GDP as well as other market information.
Cost of Living (Inflation) - United States - May 2022.pptxpaul young cpa, cga
entrenched in the economy. That will likely push the Federal Reserve to extend an aggressive series of interest-rate hikes and adds to political problems for the White House and Democrats.
The consumer price index increased 8.6 per cent from a year earlier in a broad-based advance, Labor Department data showed Friday. The widely followed inflation gauge rose 1 per cent from a month earlier, topping all estimates. Shelter, food and gas were the largest contributors.
The so-called core CPI, which strips out the more volatile food and energy components, rose 0.6 per cent from the prior month and 6 per cent from a year ago, also above forecasts.
Source - https://www.bnnbloomberg.ca/u-s-inflation-unexpectedly-accelerates-to-40-year-high-1.1777105
Cost of Living| The United States |Inflation| November 2021paul young cpa, cga
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.8 percent in November on a seasonally adjusted basis after rising 0.9 percent in October, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, all items index increased 6.8 percent before seasonal adjustment.
The monthly all item’s seasonally adjusted increase was the result of broad increases in most component indexes, like last month. The indexes for gasoline, shelter, food, used cars and trucks, and new vehicles were among the larger contributors. The energy index rose 3.5 percent in November as the gasoline index increased 6.1 percent and the other major energy component indexes also rose. The food index increased 0.7 percent as the index for food at home rose 0.8 percent.
Source - https://www.bls.gov/news.release/cpi.nr0.htm
1. Food costs – https://www.usatoday.com/story/news/politics/2021/12/08/inflation-food-prices-grocery-taxes/8800601002/?gnt-cfr=1
2. Ports - https://ca.movies.yahoo.com/analysis-shipping-costs-another-danger-060610387.html
3. Retail imports - https://chainstoreage.com/retail-imports-show-record-growth-despite-supply-chain-disruption
4. Inflation rate - https://www.cnbc.com/2021/12/10/consumer-price-index-november-2021.html
5. Lumber - https://markets.businessinsider.com/news/commodities/lumber-prices-above-1000-first-time-since-june-housing-commodities-2021-12
6. Housing - https://www.noradarealestate.com/blog/housing-market-predictions/
7. Cement - https://www.thedailystar.net/business/news/construction-costs-burdened-cement-price-rise-2081013
8. Shortages - https://www.canadiancontractor.ca/canadian-contractor/labour-shortages-are-back-with-a-vengeance-cfib/1003290924/
9. Skills gaps - https://hrmasia.com/australia-funds-a10-million-data-tool-to-plug-skills-gap/
10. 3D housing - https://www.lexology.com/library/detail.aspx?g=0d60c5f5-d6ba-4871-9ea5-9fe29b28d390
11. Inflation - https://www.nytimes.com/2021/12/09/business/economy/inflation-price-gains.htmln
This presentations looks at different aspect of the Canadian economy including key areas like GDP, Retail Sales, Exports, Housing Sales, Innovation and Infrastructure
This presentation discusses the USA retail trends for March 2016
- Retail Sales – March 2016
- Housing Market – USA
- Tonnage – Truck
- Expansion
- Closures
- Bankruptcies
- Omni Channel
This presentation will look at the United States retail sales for September 2016.
The presentation will look at retail sales by sector as well as the latest trends for eCommerce and what retailers are doing to further expose their product to consumers.
Canada has been going through a period of slow growth since 2018. The inaction of the Liberals through bad tax policies along regulatory burden have expedited the slow growth. The Liberals approach was not about reforming govt, but growing the size and cost of govt.
Highlights
• As last newsletter predicted, manufacturing recovery has begun.
• Yet, exports will continue to stay depressed, SMEs will take a while to feel the positive swing.
• Prospects for emerging economies brighten, capital flows in.
• Inflows are notoriously fickle, so watch out for any turnaround if political factors disappoint.
India: Kal, aaj aur kal
The numbers are coming in clearer every month as Indian manufacturing recovers, thanks to strong domestic demand, due in large part to money from the pay commission, NREGS, high support prices for agri products last year etc. The fiscal stimulus began much before the global crisis hit India. We are not in anyway close to double digit growth, but the slump does seem to be over. Meanwhile, the stock market believes that all is well with the world, which isn’t true, of course, and if the election outcome disappoints in a fractured mandate, expect a rude shock once again.
This presentation will discuss issues facing the Canadian economy as it heads for slower economic growth.
World economies are facing difficulties due to many factors like Brexit or China/USA trade wars or Excessive Government Regulations or lack of investment infrastructure
Geopolitical events in Middle East, South Asia Sea, Government changes in UK, Australia, etc.
2019 Election| World Economy| Slow Growth| Canada| July 2019paul young cpa, cga
This presentation will discuss issues facing the Canadian economy as it heads for slower economic growth.
World economies are facing difficulties due to many factors like Brexit or China/USA trade wars or Excessive Government Regulations or lack of investment infrastructure
Geopolitical events in Middle East, South Asia Sea, Government changes in UK, Australia, etc.
2016 san diego and national economic update march 9 2016Evan Donaldson
This is a summary of a presentation made to the PMI on the state of the national economy, and the state of the San Diego economy. Data are taken from multiple sources.
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
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
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.
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 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
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
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
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
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.
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.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
2. DISCLAIMER
• This presentation looks a issues facing the United States. The presentation will include key stats as
reference point as United States changes from a Democratic led government to Republican government
in November 2016.
3. PAUL YOUNG - PRESENTER
Bio
• CPA/CGA
• 25 years of experience in Academia, Industry and Financial solutions
• Youtube Channel - https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg
5. USA / GDP
• Higher consumer spending and a rebound in hiring show the economy snapped back to life in the spring and a
report card on the nation’s growth this week is likely to offer undeniable proof. But that doesn’t mean U.S.
growth is strong enough to satisfy the Federal Reserve.
• The Fed is expected to stand pat and leave its benchmark short-term interest rate near zero after bank VIPs
meet on Tuesday and Wednesday to survey the economic landscape. Yet before and after the two-day
meeting, a score of indicators including second-quarter GDP are forecast to show the U.S. remains on a stable
growth path.
• What most worries the Fed is weak corporate investment amid a squeeze on profits and the unsettled nature
of the global economy in the wake of the shock vote by Britain a month ago to exit the European Union. The
central bank seems to want more time to gauge the fallout before raising its short-term rate.
• Source: http://www.marketwatch.com/story/gdp-other-vital-signs-show-us-economy-stable-even-if-fed-not-
convinced-2016-07-24
6. WHAT IS REQUIRED• Environmental
• Balance approach to supporting clean technology as well as carbon based business
• Joint agreements with Canada and Mexico on water and land management
• Reform government spending
• Emphasis on value for money
• Reducing the size of government
• Public Safety
• Refine immigration policies
• Investment in national defense and public safety (local, state and federal agencies)
• Economic Polices
• Bank reforms
• Trade deals (fair trade)
• Key infrastructure investments in ports, rails, pipelines
• Key investment in education including skill trades
• Tax Reforms
• Corporate Tax Code streamline
• Corporate Tax rates cuts from 39% to 30% over next four years
• National consumption tax of 3-4% that should be harmonized with state, county, city sales taxes
• Adjusting sales collection to match eCommerce growth
• Restructuring Obama Care, especially co-pay options
• R&D reforms
• Sign on to OECD tax avoidance deal
7. ELECTION ISSUES FOR 2016
• Jobs
• Income inequality
• Taxation
• Trade
• Public Safety
• Immigration
• Infrastructure
• Education
• Healthcare
8. CURRENT STATE / GDP
• The U.S. economy grew at its fastest pace in two years
in the third quarter as a surge in exports and a
rebound in inventory investment offset a slowdown in
consumer spending.
• Gross domestic product increased at a 2.9 percent
annual rate after rising at a 1.4 percent pace in the
second quarter, the Commerce Department said on
Friday in its first estimates. That was the strongest
growth rate since the third quarter of 2014 and beat
economists' expectations for a 2.5 percent expansion
pace. Business investment improved last quarter,
though spending on equipment remained weak.
• Despite the moderation in consumer spending, the
third-quarter rise in growth could help dispel any
lingering fears the economy was at risk of stalling.
Over the first half of the year, growth had averaged
just 1.1 percent.
Source - http://www.cnbc.com/2016/10/28/us-advance-
q3-gdp.html
9. TRUMP PLAN / RE-PATRIATION OF CASH
• President-elect Donald Trump’s campaign proposal to slash taxes
on cash U.S. companies have stashed outside of the country
could benefit the tech industry most of all.
• Companies like Apple, Microsoft, and Google are among the top
holders of over $1 trillion of cash held outside of the country. The
build-up is largely the result of the companies’ efforts to avoid
paying taxes—including the 35% U.S. corporate tax rate—on the
money in any jurisdiction.
• But Trump has proposed slashing the rate to repatriate the
cash to 10%. A similar temporary rate cut to 5.25% under
President George W. Bush in 2004 prompted companies to bring
back $312 billion. To be sure, Trump has not discussed his tax
plans extensively since winning the election and might not
actually go through with the repatriation rate cut plan.
Source - http://fortune.com/2016/11/09/apple-google-trump-tax-
break/
Summary:
• There has been a benefit when Bush
instituted the change in 2004.
• Weak economy does not guarantee
money will be spent on capital
equipment
10. UNITED STATES / WAGES
• Source - http://www.tradingeconomics.com/united-states/wage-growth
• The US extended its record
private sector hiring streak in
October as wage growth
accelerated to its fastest pace
since 2009, underscoring the
solid jobs market as Americans
prepare to go to the polls on
Tuesday.
Source:
https://www.ft.com/content/4cb1fd
b6-a28b-11e6-aa83-bcb58d1d2193
11. EMPLOYMENT / OCTOBER 2016
http://www.bls.gov/opub/mlr/
• Jed Kolko, chief economist at Indeed,
described the data as very strong, with
the important caveat that “the labor
market is still not what it was before the
recession. Most of these measures are still
below where they were in the early
2000s.”
• The data may provide some of that
evidence. The U-6 rate, a broad measure
of unemployment that includes part-time
workers who would like to be full-time,
fell to 9.5 percent, its lowest level since
the recession. The labor-force
participation rate was 62.8 percent in
October, almost flat from 62.9 percent the
previous month. The biggest job
expansion came in professional and
business services, followed by health care
and financial activities.
Source - https://www.washingtonpost.com
12. SUMMARY / SEPTEMBER 2016
• Sales at U.S. retail stores rebounded in September, with auto dealers and gas stations racking up the biggest gains, in a sign consumers are
still spending enough to keep the economy on a slow but steady growth path. Retail sales have grown more slowly for a year and a half,
partly because much cheaper gas allowed Americans to save on fuel. Yet shoppers are still frugal, seeking out deals and relying more on
cheaper Internet sites such as Amazon AMZN, -0.76% rather traditional store-front retailers such as Macy’s M, -3.34% - Source:
http://www.marketwatch.com/story/us-retail-sales-climb-06-in-september-2016-10-14-81033311
• Years of increased hiring and a slow acceleration in worker pay have laid a foundation for steady household spending. While third-quarter
purchases will probably fall short of the vigorous pace from April through June, the broad-based pickup across the retail spectrum shows
household demand may be gathering pace. Source: https://www.businessoffashion.com/articles/news-analysis/us-retail-sales-rose-in-
september-by-the-most-in-three-months
• Friday’s retail-sales report showed sales rose last month across the majority of segments, though it didn’t track spending on most services,
including health care and housing. Spending at restaurants and bars jumped 0.8% from August, the largest one-month jump for the
category since February. Americans last month continued to shift their spending to e-commerce platforms likeAmazon.com from
traditional brick-and-mortar retailers. Sales in the nonstore category, including online retailers, were up 11% in the first nine months of
2016 compared with a year earlier. Sales at department stores were down 4.8% over the same period. Sales at electronics and appliance
stores fell 0.9% in September despite the release ofApple Inc.’s new iPhone 7. The release of new iPhone models in September 2015 had
coincided with the only monthly sales increase for the electronics category during the second half of last year. But Ms. Rosner said a
delayed sales boost could materialize in the coming months. Source: http://www.wsj.com/articles/u-s-retail-sales-rose-0-6-in-september-
1476448594
13. RETAIL SALES BY KEY SECTORS
Source:
https://www.census.go
v/retail/marts/www/m
arts_current.pdf
14. ECOMMERCE – ONLINE / BUSINESS MOBILITY
• Mobility will continue to shape its growth.
More and more businesses today will keep on growing through mobility. The introduction of new phone apps and ecommerce strategies makes mobility
a winning breakthrough! Can you imagine how far we can still reach by the year 2020?
• Online retailers will use the comfort of ecommerce mobile webs.
• Every marketing channel will be excited to bring your business in a higher level. As for today’s online marketing trends, accessing online stores via mobile browsers will be
easier. Ecommerce using mobile browser is one of today’s tool to unlock your business growth.
• Online stores will leverage its products with various innovating trends.
• Experts have forecasted that ecommerce will give a healthy boom. Mobile browsers will get better and better while online retailers will create more profound online stores
with competitive products for customers.
• Social Media and Mobility will be BIG Hit together.
• Facebook, Pinterest, Instagram, Twitter, Tumblr, and others will continue to pave ways on creating super effective strategy on promoting your products and services on the
market. Social media nowadays (both paid and organic strategies) can reach the right target audience, thus resulting to conversions and sales.
• Business Owners will strengthen their Technology Solutions
• Of course, business owners will be more informed and curious on finding the best IT solutions for their business. The more information they need to handle, the more tools
they would check and try. They will be more updated with what’s trending and what will bring new opportunities for their growth.
Source: http://launchtechus.com/2016/10/14/5-exciting-ecommerce-trends-that-will-impact-your-business-mobility/
15. USA HOUSING PRICES
http://www.builderonline.com/money/economics/us-house-
price-index-inches-up-in-august_o
• U.S. house prices rose in August, up 0.7 percent on a seasonally
adjusted basis from the previous month, according to the
Federal Housing Finance Agency (FHFA) monthly House Price
Index (HPI). The previously reported 0.5 percent increase in
July remained unchanged.
• The FHFA monthly HPI is calculated using home sales price
information from mortgages sold to, or guaranteed by, Fannie
Mae and Freddie Mac. From August 2015 to August 2016,
house prices were up 6.4 percent.
• For the nine census divisions, seasonally adjusted monthly
price changes from July 2016 to August 2016 ranged from no
change in theWest North Central division to +1.2 percent in the
New England division. The 12-month changes were all positive,
ranging from +3.3 percent in the Middle Atlantic division to
+7.9 percent in the Pacific division.
Source - http://www.fhfa.gov/
16. TRADE / SEPTEMBER
• The U.S. Census Bureau and the U.S. Bureau of Economic
Analysis, through the Department of Commerce,
announced today that the goods and services deficit was
$36.4 billion in September, down $4.0 billion from $40.5
billion in August, revised. September exports were $189.2
billion, $1.0 billion more than August exports. September
imports were $225.6 billion, $3.0 billion less than August
imports. The September decrease in the goods and
services deficit reflected a decrease in the goods deficit of
$2.6 billion to $57.5 billion and an increase in the services
surplus of $1.4 billion to $21.1 billion.
• Year-to-date, the goods and services deficit decreased $9.2
billion, or 2.5 percent, from the same period in 2015.
Exports decreased $60.5 billion or 3.5 percent. Imports
decreased $69.7 billion or 3.3 percent.
http://www.bea.gov/newsreleases/international/trade/tradne
wsrelease.htm