Blog – What is next for the Global Economy – October 2022
The global economy faces many challenges including high inflation and geopolitical risks.
Global debt levels are a deep concern for central banks as interest rates continue to rise
All levels of government need to re-think their progressive agenda. More needs to be done to reign in government spending. More emphasis needs to be on digital government and value for money as it relates to program spending and performance
Closing tax loopholes should be a priority for all levels of government as part bringing in tax fairness
Countries like Canada need to do more to streamline their regulatory process as part of getting goods out of the ground to market.
Farmers need more policy support as part of adopting vertical and expert farming practices. Food security and costs continue to be an issue for governments around the world
Power grid will require trillions of investments as it moves to net zero. Low electricity rates are likely a thing of the past. The capital recovery by electrical power generators will see a rise in rates.
The world needs to find ways to bring peace to world. United Nations needs to do a better job working with countries to resolved political issues with countries.
Both services-producing (+0.6%) and goods-producing (+0.5%) industries were up, as 17 of 20 industrial sectors posted increases in November.
Advance information indicates that real GDP for December was essentially unchanged. Widespread increases led by the manufacturing, agriculture, forestry, fishing and hunting, utilities and wholesale trade sectors were offset by declines in the accommodation and food services, mining, quarrying, and oil and gas extraction and retail trade sectors. This advance information for real GDP by industry indicates a 1.6% uptick in the fourth quarter of 2021 and a rebound of 4.9% in the year following the pandemic-induced decline observed in 2020. Given their preliminary nature, these estimates will be updated on March 1, 2022 with the release of the official GDP data for December and the fourth quarter of 2021.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220201/dq220201a-eng.htm
1. Inflation and Canada – https://www.fool.ca/2022/01/31/holding-onto-tonnes-of-cash-heres-how-much-of-it-that-inflation-would-destroy-in-a-decade/
2. Housing - https://financialpost.com/real-estate/busting-the-myth-of-canadas-million-or-more-vacant-homes
3. Supply chain task force - https://canada.autonews.com/manufacturing/supply-chain-issues-be-tackled-new-federal-task-force
4. Mining - https://miningglobal.com/top10/top-10-countries-based-on-natural-resources
5. Electrical vehicles - https://ipolitics.ca/2022/01/31/lobby-wrap-auto-industry-wants-training-as-ev-sales-rise/
6. Middle class - https://www.usatoday.com/story/money/2022/01/31/lost-factory-jobs-make-harder-move-into-middle-class-report-says/9213089002/?gnt-cfr=1
7. Consumer spending - https://www.hellenicshippingnews.com/weaker-u-s-consumer-spending-rising-inflation-pose-dilemma-for-fed/
8. Commodity prices - https://www.hellenicshippingnews.com/commodity-prices-likely-to-be-hit-by-slowdown-before-end-of-2023/
9. ESG - https://www.reuters.com/business/sustainable-business/euroclear-teams-up-with-fintech-expand-esg-services-2022-01-31/
10. Insurance risk - https://www.insurancebusinessmag.com/us/news/environmental/environmental-insurance--what-are-the-concerns-323760.aspx
11. Geopolitical Risks - https://www.reuters.com/business/rising-geopolitical-tension-demand-send-oil-price-outlook-soaring-2022-01-31/
12. 2022-2023 – Budget - https://globalnews.ca/news/8585003/federal-budget-plan-2022/
Bank of Canada - What is next for Monetary Policies - April 2022 (Revised Mar...paul young cpa, cga
Canada inflation rate hit nearly 7% for March 2022. Canada has one of the highest inflation rates in the G7.
Higher interest rates mean less cash for retail sales
Government continues to push their green agenda driving more green inflation
Geopolitics - Risk and Threats - Variants and Disease Management - October 1...paul young cpa, cga
Blog – How to Mitigate threats of Geopolitical Events and Risks – (Future Pandemic) – October 17, 2022
Summary
The world continues to face many challenges related to geopolitical events and risks.
Global healthcare systems continue to face many challenges with their delivery model
More and more people want private homecare vs institutional healthcare.
Digital healthcare adoption continues to expand around the world
All levels of government need to have audited emergency and risk management plans. These plans should be tested on a quarterly basis as part of safeguarding assets and the protection of human lives.
Geopolitical Risks - Pandemic - Canada and the World - WE May 7 2022.pptxpaul young cpa, cga
Summary:
COVID and other variants will continue to plague the world
Not enough is being done to address issues with the healthcare delivery model
More needs to be done to address the supply chain
More focus on other areas beyond climate change
Governments need to start addressing issues with tax reform, size of government, and productivity as part of address issues facing their tax base and economies.
Both services-producing (+0.6%) and goods-producing (+0.5%) industries were up, as 17 of 20 industrial sectors posted increases in November.
Advance information indicates that real GDP for December was essentially unchanged. Widespread increases led by the manufacturing, agriculture, forestry, fishing and hunting, utilities and wholesale trade sectors were offset by declines in the accommodation and food services, mining, quarrying, and oil and gas extraction and retail trade sectors. This advance information for real GDP by industry indicates a 1.6% uptick in the fourth quarter of 2021 and a rebound of 4.9% in the year following the pandemic-induced decline observed in 2020. Given their preliminary nature, these estimates will be updated on March 1, 2022 with the release of the official GDP data for December and the fourth quarter of 2021.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220201/dq220201a-eng.htm
1. Inflation and Canada – https://www.fool.ca/2022/01/31/holding-onto-tonnes-of-cash-heres-how-much-of-it-that-inflation-would-destroy-in-a-decade/
2. Housing - https://financialpost.com/real-estate/busting-the-myth-of-canadas-million-or-more-vacant-homes
3. Supply chain task force - https://canada.autonews.com/manufacturing/supply-chain-issues-be-tackled-new-federal-task-force
4. Mining - https://miningglobal.com/top10/top-10-countries-based-on-natural-resources
5. Electrical vehicles - https://ipolitics.ca/2022/01/31/lobby-wrap-auto-industry-wants-training-as-ev-sales-rise/
6. Middle class - https://www.usatoday.com/story/money/2022/01/31/lost-factory-jobs-make-harder-move-into-middle-class-report-says/9213089002/?gnt-cfr=1
7. Consumer spending - https://www.hellenicshippingnews.com/weaker-u-s-consumer-spending-rising-inflation-pose-dilemma-for-fed/
8. Commodity prices - https://www.hellenicshippingnews.com/commodity-prices-likely-to-be-hit-by-slowdown-before-end-of-2023/
9. ESG - https://www.reuters.com/business/sustainable-business/euroclear-teams-up-with-fintech-expand-esg-services-2022-01-31/
10. Insurance risk - https://www.insurancebusinessmag.com/us/news/environmental/environmental-insurance--what-are-the-concerns-323760.aspx
11. Geopolitical Risks - https://www.reuters.com/business/rising-geopolitical-tension-demand-send-oil-price-outlook-soaring-2022-01-31/
12. 2022-2023 – Budget - https://globalnews.ca/news/8585003/federal-budget-plan-2022/
Bank of Canada - What is next for Monetary Policies - April 2022 (Revised Mar...paul young cpa, cga
Canada inflation rate hit nearly 7% for March 2022. Canada has one of the highest inflation rates in the G7.
Higher interest rates mean less cash for retail sales
Government continues to push their green agenda driving more green inflation
Geopolitics - Risk and Threats - Variants and Disease Management - October 1...paul young cpa, cga
Blog – How to Mitigate threats of Geopolitical Events and Risks – (Future Pandemic) – October 17, 2022
Summary
The world continues to face many challenges related to geopolitical events and risks.
Global healthcare systems continue to face many challenges with their delivery model
More and more people want private homecare vs institutional healthcare.
Digital healthcare adoption continues to expand around the world
All levels of government need to have audited emergency and risk management plans. These plans should be tested on a quarterly basis as part of safeguarding assets and the protection of human lives.
Geopolitical Risks - Pandemic - Canada and the World - WE May 7 2022.pptxpaul young cpa, cga
Summary:
COVID and other variants will continue to plague the world
Not enough is being done to address issues with the healthcare delivery model
More needs to be done to address the supply chain
More focus on other areas beyond climate change
Governments need to start addressing issues with tax reform, size of government, and productivity as part of address issues facing their tax base and economies.
Geopolitics - Risk and Threats - Variants and Disease Management - August 14,...paul young cpa, cga
Summary
All levels of government along with the private sector need to addressing failings of the healthcare model. Privatization should be part of improving the healthcare model as better way to managed patient care. The Drummond Report stated years ago that government need to move a homecare base model as part of managing the costs of healthcare - https://financialpost.com/opinion/the-drummond-report-gave-ontario-a-good-plan-then-kathleen-wynne-buried-it
The governance model for all levels of government needs to change including more performance and operational audits. There needs to mandatory crisis and emergency management reports including annual audits of those reports.
Drug costs continue to be an issue. Pharma and Biotech invest money into R&D as such want patent protection over their discovery. All levels of governments along with private insurance companies need to work together as part of reducing drug costs.
Government around continues to struggle with delivery program spending in a way that improves outcomes. Key programs like healthcare and dental care need a thorough review to ensure these programs are effective in terms of improving outcomes.
Summary:
The Dow Jones Industrial Average DJIA-0.68% fell 233 points or 0.7%, while the S&P 500 SPX-0.72% dropped 0.7%. The Nasdaq Composite COMP-1.23% declined 1.2%. All three indexes had flickered between up and down earlier in the morning.
Source - https://www.barrons.com/articles/stock-market-today-51645180112
Summary:
Here are key issues and threats to the stock market:
1. Omicron supply chain issues (domestic and abroad)
2. QE winding down
3. Margin calls
4. Sector rotation
5. Meme stock reversion
6. Valuation
7. History makes its presence felt
Source - https://www.fool.com/investing/2021/12/25/7-reasons-the-stock-market-could-crash-in-january/
1. Stock market - https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-19000-upside-2029-fundstrat-millennials-2021-12
2. Stock Market - https://ca.finance.yahoo.com/news/toronto-futures-rise-easing-omicron-130408598.html
3. Global Inflation - https://www.pewresearch.org/fact-tank/2021/11/24/inflation-has-risen-around-the-world-but-the-u-s-has-seen-one-of-the-biggest-increases/
4. Global inflation - https://www.weforum.org/agenda/2021/12/rising-prices-inflation-ipsos-survey/
5. Geopolitical - https://www.weforum.org/agenda/2021/12/rising-prices-inflation-ipsos-survey/ and https://www.geopoliticalmonitor.com/
6. Australia and New Zealand - https://www.reuters.com/markets/rates-bonds/australia-nz-dollars-extend-rally-hope-best-omicron-2021-12-23/
7. China - https://www.globaltimes.cn/page/202112/1243142.shtml and https://www.globaltimes.cn/page/202112/1243142.shtml
8. ESG - https://www.linkedin.com/posts/randallkurtz_cfos-fall-short-of-meeting-investors-esg-activity-6876924917388980224-6BFv/
9. Commodities - https://www.investing.com/analysis/commodities
10. Housing - https://betterdwelling.com/canadas-gap-between-real-estate-prices-and-incomes-looks-ridiculous-beside-us-data/ and https://www.bloomberg.com/news/articles/2021-12-21/home-price-surges-bidding-wars-are-roiling-world-s-riskiest-housing-market
Blog – What is up with the Stock Market – WE – February 25, 2022
Volatility spiked last week as Russia launched a full invasion of Ukraine, and Western countries responded with sanctions. The combination of heightened geopolitical risk, ongoing inflation pressures, and tightening central-bank policy pushed equities further into correction territory, declining 12% from their Jan. 3 high before rebounding later in the week. Commodities surged, and traditional safe heavens, such as bonds and the U.S. dollar, rallied1.
While we acknowledge that the current backdrop poses fresh challenges for the global recovery, we think that fundamental conditions remain supportive enough to prevent the current correction from becoming something worse, like a bear market. We'd offer the following perspective on the recent developments and provide some rules for the road to navigate the current volatility.
Source - https://www.edwardjones.com/us-en/market-news-insights/stock-market-news/stock-market-weekly-update
Geopolitics - Risk and Threats - Variants and Disease Management - August 20,...paul young cpa, cga
Blog – How to better managed Geopolitical Events and Risks
Both the private and public sector continue to face geopolitical risks and threats. More need to be done to safeguard assets as well as protecting lives of everyone.
Healthcare continues to face crisis. The staffing issues will take many different steps including more seats at medical and nursing schools. Certification of nurses needs to be sped up, especially foreign-trained and out of province nurses.
All levels of government need to eliminate red tape and miss management of precious healthcare dollars. LHINS and CCAC should be disbanded. Hospitals and Health Centers should report monthly into the government as part of better transparency around patient care.
Privatization options need to be expanded. Oversight into privatization of healthcare will required more audited F/S including key metrics.
Summary:
U.S. equities were lower at the close on Friday, as losses in the Consumer Services, Basic Materials and Technology sectors propelled shares lower.
At the close in NYSE, the Dow Jones Industrial Average lost 1.30% to hit a new 1-month low, while the S&P 500 index declined 1.89%, and the NASDAQ Composite index declined 2.72%
Source - https://ca.investing.com/news/stock-market-news/us-shares-lower-at-close-of-trade-dow-jones-industrial-average-down-130-2625165
1. Stock Market closing - https://www.barrons.com/articles/stock-market-today-51642761802
2. Commodity Index - https://www.fxempire.com/forecasts/article/precious-metals-defying-rising-real-yields-873954
3. Oil and GDP - https://www.woodmac.com/press-releases/the-economic-impact-of-an-accelerated-energy-transition/
4. Geopolitical - https://ca.news.yahoo.com/oil-geopolitical-risks-elevated-prices-210522544.html
5. Canadian Debt - https://www.reuters.com/article/canada-forex/canada-fx-debt-canadian-dollar-gives-back-weekly-gain-on-rising-risk-aversion-idUKL1N2U125H
6. Debt - https://www.bnnbloomberg.ca/debt-strapped-canadians-brace-for-a-risky-rate-hiking-cycle-1.1711107
7. ESG - https://sustainabilitymag.com/esg/how-your-company-esg-goals-can-help-digital-inclusion
8. FDI - https://www.investmentmonitor.ai/analysis/forgotten-capital-cities-investment-ottawa-ankara-jerusalem
9. Tech supremacy - https://asia.nikkei.com/Spotlight/DealStreetAsia/China-s-state-linked-investors-backed-30-of-top-startup-deals
10. IPO - https://www.marketwatch.com/(S(o54cffqhipqemynavg0qd455))/topics/subjects/ipo
1. Global Inflation - https://www.vox.com/2021/11/24/22799217/global-inflation-us-eu-germany-uk or Inflation has risen around the world, but the U.S. has seen one of the biggest increases - https://www.pewresearch.org/fact-tank/2021/11/24/inflation-has-risen-around-the-world-but-the-u-s-has-seen-one-of-the-biggest-increases/
2. GDP risk - https://www.globaldata.com/globaldata-revises-china-gdp-growth-back-sluggish-real-estate-activity-coal-shortages/
3. New variants - https://www.bbc.com/news/world-59442129
4. Housing - https://blackburnnews.com/windsor/windsor-news/2021/11/26/ontario-invites-mayors-housing-summit/
5. Stock Market - https://finance.yahoo.com/news/stock-market-news-live-updates-november-26-2021-125443465.html
6. ESG - https://sustainablebiz.ca/newsletter/sustainable-biz-canada-november-26-2021/
7. Geopolitical Risks - https://www.geopoliticalmonitor.com/section/situation-reports/
8. Debt - https://www.almendron.com/tribuna/is-sovereign-debt-impeding-africas-covid-19-recovery/
9. Circular economy - https://www.engineeringnews.co.za/article/csirs-initial-circular-economy-study-shows-potential-to-create-economy-wide-value-2021-11-26
10. Automation - https://www.helpnetsecurity.com/2021/11/26/investments-automation/
Geopolitics - Risk and Threats - Variants and Disease Management - October 8...paul young cpa, cga
Summary:
Healthcare systems around the world needs to fix their delivery model
All levels of government need to have audited risk and emergency management plans as part of mitigating geopolitical risks and events.
Healthcare needs to put more emphasis on homecare as part betting supporting the patient
Assisted and living needs to ensure spaces are aligning with the aging population
More needs to be done on rental credits for seniors to better support affordable housing costs for seniors
Both the private and public sectors need to emphasis more health and wellness activities. Adding tax credits as part of annual tax filing would help support people living a healthier lifestyle
More needs to be done in areas like gene and immune therapy
Blog – What is next for the Global Economy – August 2021
1. Global GDP - https://blogs.imf.org/2021/07/27/drawing-further-apart-widening-gaps-in-the-global-recovery/
2. Global Commodities - https://www.bnnbloomberg.ca/here-s-who-wins-and-who-loses-from-the-surge-in-commodity-prices-1.1634711
3. Oil - https://www.wsj.com/articles/chevron-posts-highest-profit-in-a-year-as-oil-demand-rebounds-11627640325
4. Rio Tinto - https://www.wsj.com/articles/rio-tinto-net-profit-jumps-on-boom-in-commodity-prices-11627459592
5. Nasdaq - https://www.marketwatch.com/story/nasdaq-15-000-is-near-do-i-hear-30-000-11627374665
6. Pacific Rim - https://www.washingtontimes.com/news/2021/jul/27/the-us-should-rejoin-the-trans-pacific-partnership/
7. Top AI Apps - https://www.globaltechoutlook.com/top-essential-ai-data-management-apps-for-you-to-avail-in-2021/
8. Technology outlook - https://www.simplilearn.com/top-technology-trends-and-jobs-article
9. Food and Crops Output - https://www.producer.com/markets/
10. Food and Climate - https://www.pbs.org/newshour/world/climate-change-and-conflict-are-fueling-poverty-and-food-prices-un-chief-says
11. Water - https://www.bbc.com/news/business-57847654
Retail Sales and Consumer Spending Analysis and Commentary - May 2023.pptxpaul young cpa, cga
Blog – Retail Sales and Consumer Spending Analysis and Commentary – May 2023
Summary:
Retail sector continues to face many challenges. High inflation continues to eat into retail sales volumes. Consumers continue to look for bargains as part of dealing with high inflation.
Technology continues to drive the retail experience like the metaverse.
ESG reporting is driving more brand awareness by consumers. Retailers continue to look at ways managed their various supply chains as part of adopting ESG policies and reporting.
Data and AI continues to play a key role with retail sector.
GDP growth is led by real estate and govt spending.
NR sector continues to lag other sectors in terms of growth despite high commodities prices
Household debt is at all-time high
Canada still faces challenges with productivity
Inflation was already at record level pre-Russian invasion of Ukraine
Housing is nearly 40% over valued
Progressive governments continue to push their climate agenda which is leading to higher inflation (Green Inflation)
Countries like Canada are struggling with farm and mining output due to excessive taxes and regulations
Reserves banks around the world are not addressing issues like productivity, innovation, high cost of housing, and skills gaps
Water is becoming a valuable commodity
Cybersecurity threats continue to impact many organizations
Summary:
Stock markets continue to struggle over the past few weeks due to many factors like rise in COVID19 cases and geopolitical issues with countries like Russia and China.
Commodity Prices continue to rise, especially LNG and coal due to the demands for electricity.
China could see GDP growth of only 5.2% for 2022.
1. Inflation - https://www.ft.com/content/1769e10d-9ff6-4c4b-8c7b-0098d321cd29
2. Indicators - https://www.bloomberg.com/graphics/world-economic-indicators-dashboard/
3. Business automation - https://medium.com/geekculture/2022-tech-predictions-5-automation-trends-worth-following-ba6038dc831f
4. Agriculture - https://economictimes.indiatimes.com/small-biz/sme-sector/how-technology-will-drive-the-new-age-agri-revolution-in-india-in-2022/articleshow/88628999.cms?from=mdr
5. Commodities - https://www.agriculture.com/markets/newswire/update-1-lng-coal-lead-2021-commodities-rally-as-markets-eye-covid-19-for-next-move
6. Housing - https://www.bnnbloomberg.ca/real-estate/video/we-are-expecting-a-10-decline-in-average-price-of-homes-in-2021-2022-chief-economist~2173206
7. Challenges - https://www.contactcenterpipeline.com/Article/2022-challenges-and-priorities-survey-a-triple-whammy-of-challenges
8. Geopolitical risks - https://theglobalherald.com/news/russia-and-china-rank-as-biggest-global-risks-to-watch-for-in-2022-says-atlantic-groups-kempe/
9. Food Prices - https://www.msn.com/en-us/money/other/food-prices-keep-rising-so-avoid-these-grocery-missteps/ss-AASjsjk
10. GDP - https://www.ft.com/content/1769e10d-9ff6-4c4b-8c7b-0098d321cd29
Geopolitics - Risk and Threats - Variants and Disease Management - September...paul young cpa, cga
Blog – Geopolitical Risks and Events – Canada and the World – September 4, 2022
Viruses will continue to evolve. More needs to be done to mitigate the virus threats through better oversight of WHO.
Healthcare sector needs to revisit is model including more private clinics and homecare options.
Addressing shortage of healthcare workers will require more seats at medical/healthcare programs along with how best to certified health professionals.
Long-term care needs to continue invest in adding bed capacity including more affordable retirement communities.
Geopolitics - Risk and Threats - Variants and Disease Management - August 14,...paul young cpa, cga
Summary
All levels of government along with the private sector need to addressing failings of the healthcare model. Privatization should be part of improving the healthcare model as better way to managed patient care. The Drummond Report stated years ago that government need to move a homecare base model as part of managing the costs of healthcare - https://financialpost.com/opinion/the-drummond-report-gave-ontario-a-good-plan-then-kathleen-wynne-buried-it
The governance model for all levels of government needs to change including more performance and operational audits. There needs to mandatory crisis and emergency management reports including annual audits of those reports.
Drug costs continue to be an issue. Pharma and Biotech invest money into R&D as such want patent protection over their discovery. All levels of governments along with private insurance companies need to work together as part of reducing drug costs.
Government around continues to struggle with delivery program spending in a way that improves outcomes. Key programs like healthcare and dental care need a thorough review to ensure these programs are effective in terms of improving outcomes.
Summary:
The Dow Jones Industrial Average DJIA-0.68% fell 233 points or 0.7%, while the S&P 500 SPX-0.72% dropped 0.7%. The Nasdaq Composite COMP-1.23% declined 1.2%. All three indexes had flickered between up and down earlier in the morning.
Source - https://www.barrons.com/articles/stock-market-today-51645180112
Summary:
Here are key issues and threats to the stock market:
1. Omicron supply chain issues (domestic and abroad)
2. QE winding down
3. Margin calls
4. Sector rotation
5. Meme stock reversion
6. Valuation
7. History makes its presence felt
Source - https://www.fool.com/investing/2021/12/25/7-reasons-the-stock-market-could-crash-in-january/
1. Stock market - https://markets.businessinsider.com/news/stocks/stock-market-outlook-sp500-19000-upside-2029-fundstrat-millennials-2021-12
2. Stock Market - https://ca.finance.yahoo.com/news/toronto-futures-rise-easing-omicron-130408598.html
3. Global Inflation - https://www.pewresearch.org/fact-tank/2021/11/24/inflation-has-risen-around-the-world-but-the-u-s-has-seen-one-of-the-biggest-increases/
4. Global inflation - https://www.weforum.org/agenda/2021/12/rising-prices-inflation-ipsos-survey/
5. Geopolitical - https://www.weforum.org/agenda/2021/12/rising-prices-inflation-ipsos-survey/ and https://www.geopoliticalmonitor.com/
6. Australia and New Zealand - https://www.reuters.com/markets/rates-bonds/australia-nz-dollars-extend-rally-hope-best-omicron-2021-12-23/
7. China - https://www.globaltimes.cn/page/202112/1243142.shtml and https://www.globaltimes.cn/page/202112/1243142.shtml
8. ESG - https://www.linkedin.com/posts/randallkurtz_cfos-fall-short-of-meeting-investors-esg-activity-6876924917388980224-6BFv/
9. Commodities - https://www.investing.com/analysis/commodities
10. Housing - https://betterdwelling.com/canadas-gap-between-real-estate-prices-and-incomes-looks-ridiculous-beside-us-data/ and https://www.bloomberg.com/news/articles/2021-12-21/home-price-surges-bidding-wars-are-roiling-world-s-riskiest-housing-market
Blog – What is up with the Stock Market – WE – February 25, 2022
Volatility spiked last week as Russia launched a full invasion of Ukraine, and Western countries responded with sanctions. The combination of heightened geopolitical risk, ongoing inflation pressures, and tightening central-bank policy pushed equities further into correction territory, declining 12% from their Jan. 3 high before rebounding later in the week. Commodities surged, and traditional safe heavens, such as bonds and the U.S. dollar, rallied1.
While we acknowledge that the current backdrop poses fresh challenges for the global recovery, we think that fundamental conditions remain supportive enough to prevent the current correction from becoming something worse, like a bear market. We'd offer the following perspective on the recent developments and provide some rules for the road to navigate the current volatility.
Source - https://www.edwardjones.com/us-en/market-news-insights/stock-market-news/stock-market-weekly-update
Geopolitics - Risk and Threats - Variants and Disease Management - August 20,...paul young cpa, cga
Blog – How to better managed Geopolitical Events and Risks
Both the private and public sector continue to face geopolitical risks and threats. More need to be done to safeguard assets as well as protecting lives of everyone.
Healthcare continues to face crisis. The staffing issues will take many different steps including more seats at medical and nursing schools. Certification of nurses needs to be sped up, especially foreign-trained and out of province nurses.
All levels of government need to eliminate red tape and miss management of precious healthcare dollars. LHINS and CCAC should be disbanded. Hospitals and Health Centers should report monthly into the government as part of better transparency around patient care.
Privatization options need to be expanded. Oversight into privatization of healthcare will required more audited F/S including key metrics.
Summary:
U.S. equities were lower at the close on Friday, as losses in the Consumer Services, Basic Materials and Technology sectors propelled shares lower.
At the close in NYSE, the Dow Jones Industrial Average lost 1.30% to hit a new 1-month low, while the S&P 500 index declined 1.89%, and the NASDAQ Composite index declined 2.72%
Source - https://ca.investing.com/news/stock-market-news/us-shares-lower-at-close-of-trade-dow-jones-industrial-average-down-130-2625165
1. Stock Market closing - https://www.barrons.com/articles/stock-market-today-51642761802
2. Commodity Index - https://www.fxempire.com/forecasts/article/precious-metals-defying-rising-real-yields-873954
3. Oil and GDP - https://www.woodmac.com/press-releases/the-economic-impact-of-an-accelerated-energy-transition/
4. Geopolitical - https://ca.news.yahoo.com/oil-geopolitical-risks-elevated-prices-210522544.html
5. Canadian Debt - https://www.reuters.com/article/canada-forex/canada-fx-debt-canadian-dollar-gives-back-weekly-gain-on-rising-risk-aversion-idUKL1N2U125H
6. Debt - https://www.bnnbloomberg.ca/debt-strapped-canadians-brace-for-a-risky-rate-hiking-cycle-1.1711107
7. ESG - https://sustainabilitymag.com/esg/how-your-company-esg-goals-can-help-digital-inclusion
8. FDI - https://www.investmentmonitor.ai/analysis/forgotten-capital-cities-investment-ottawa-ankara-jerusalem
9. Tech supremacy - https://asia.nikkei.com/Spotlight/DealStreetAsia/China-s-state-linked-investors-backed-30-of-top-startup-deals
10. IPO - https://www.marketwatch.com/(S(o54cffqhipqemynavg0qd455))/topics/subjects/ipo
1. Global Inflation - https://www.vox.com/2021/11/24/22799217/global-inflation-us-eu-germany-uk or Inflation has risen around the world, but the U.S. has seen one of the biggest increases - https://www.pewresearch.org/fact-tank/2021/11/24/inflation-has-risen-around-the-world-but-the-u-s-has-seen-one-of-the-biggest-increases/
2. GDP risk - https://www.globaldata.com/globaldata-revises-china-gdp-growth-back-sluggish-real-estate-activity-coal-shortages/
3. New variants - https://www.bbc.com/news/world-59442129
4. Housing - https://blackburnnews.com/windsor/windsor-news/2021/11/26/ontario-invites-mayors-housing-summit/
5. Stock Market - https://finance.yahoo.com/news/stock-market-news-live-updates-november-26-2021-125443465.html
6. ESG - https://sustainablebiz.ca/newsletter/sustainable-biz-canada-november-26-2021/
7. Geopolitical Risks - https://www.geopoliticalmonitor.com/section/situation-reports/
8. Debt - https://www.almendron.com/tribuna/is-sovereign-debt-impeding-africas-covid-19-recovery/
9. Circular economy - https://www.engineeringnews.co.za/article/csirs-initial-circular-economy-study-shows-potential-to-create-economy-wide-value-2021-11-26
10. Automation - https://www.helpnetsecurity.com/2021/11/26/investments-automation/
Geopolitics - Risk and Threats - Variants and Disease Management - October 8...paul young cpa, cga
Summary:
Healthcare systems around the world needs to fix their delivery model
All levels of government need to have audited risk and emergency management plans as part of mitigating geopolitical risks and events.
Healthcare needs to put more emphasis on homecare as part betting supporting the patient
Assisted and living needs to ensure spaces are aligning with the aging population
More needs to be done on rental credits for seniors to better support affordable housing costs for seniors
Both the private and public sectors need to emphasis more health and wellness activities. Adding tax credits as part of annual tax filing would help support people living a healthier lifestyle
More needs to be done in areas like gene and immune therapy
Blog – What is next for the Global Economy – August 2021
1. Global GDP - https://blogs.imf.org/2021/07/27/drawing-further-apart-widening-gaps-in-the-global-recovery/
2. Global Commodities - https://www.bnnbloomberg.ca/here-s-who-wins-and-who-loses-from-the-surge-in-commodity-prices-1.1634711
3. Oil - https://www.wsj.com/articles/chevron-posts-highest-profit-in-a-year-as-oil-demand-rebounds-11627640325
4. Rio Tinto - https://www.wsj.com/articles/rio-tinto-net-profit-jumps-on-boom-in-commodity-prices-11627459592
5. Nasdaq - https://www.marketwatch.com/story/nasdaq-15-000-is-near-do-i-hear-30-000-11627374665
6. Pacific Rim - https://www.washingtontimes.com/news/2021/jul/27/the-us-should-rejoin-the-trans-pacific-partnership/
7. Top AI Apps - https://www.globaltechoutlook.com/top-essential-ai-data-management-apps-for-you-to-avail-in-2021/
8. Technology outlook - https://www.simplilearn.com/top-technology-trends-and-jobs-article
9. Food and Crops Output - https://www.producer.com/markets/
10. Food and Climate - https://www.pbs.org/newshour/world/climate-change-and-conflict-are-fueling-poverty-and-food-prices-un-chief-says
11. Water - https://www.bbc.com/news/business-57847654
Retail Sales and Consumer Spending Analysis and Commentary - May 2023.pptxpaul young cpa, cga
Blog – Retail Sales and Consumer Spending Analysis and Commentary – May 2023
Summary:
Retail sector continues to face many challenges. High inflation continues to eat into retail sales volumes. Consumers continue to look for bargains as part of dealing with high inflation.
Technology continues to drive the retail experience like the metaverse.
ESG reporting is driving more brand awareness by consumers. Retailers continue to look at ways managed their various supply chains as part of adopting ESG policies and reporting.
Data and AI continues to play a key role with retail sector.
GDP growth is led by real estate and govt spending.
NR sector continues to lag other sectors in terms of growth despite high commodities prices
Household debt is at all-time high
Canada still faces challenges with productivity
Inflation was already at record level pre-Russian invasion of Ukraine
Housing is nearly 40% over valued
Progressive governments continue to push their climate agenda which is leading to higher inflation (Green Inflation)
Countries like Canada are struggling with farm and mining output due to excessive taxes and regulations
Reserves banks around the world are not addressing issues like productivity, innovation, high cost of housing, and skills gaps
Water is becoming a valuable commodity
Cybersecurity threats continue to impact many organizations
Summary:
Stock markets continue to struggle over the past few weeks due to many factors like rise in COVID19 cases and geopolitical issues with countries like Russia and China.
Commodity Prices continue to rise, especially LNG and coal due to the demands for electricity.
China could see GDP growth of only 5.2% for 2022.
1. Inflation - https://www.ft.com/content/1769e10d-9ff6-4c4b-8c7b-0098d321cd29
2. Indicators - https://www.bloomberg.com/graphics/world-economic-indicators-dashboard/
3. Business automation - https://medium.com/geekculture/2022-tech-predictions-5-automation-trends-worth-following-ba6038dc831f
4. Agriculture - https://economictimes.indiatimes.com/small-biz/sme-sector/how-technology-will-drive-the-new-age-agri-revolution-in-india-in-2022/articleshow/88628999.cms?from=mdr
5. Commodities - https://www.agriculture.com/markets/newswire/update-1-lng-coal-lead-2021-commodities-rally-as-markets-eye-covid-19-for-next-move
6. Housing - https://www.bnnbloomberg.ca/real-estate/video/we-are-expecting-a-10-decline-in-average-price-of-homes-in-2021-2022-chief-economist~2173206
7. Challenges - https://www.contactcenterpipeline.com/Article/2022-challenges-and-priorities-survey-a-triple-whammy-of-challenges
8. Geopolitical risks - https://theglobalherald.com/news/russia-and-china-rank-as-biggest-global-risks-to-watch-for-in-2022-says-atlantic-groups-kempe/
9. Food Prices - https://www.msn.com/en-us/money/other/food-prices-keep-rising-so-avoid-these-grocery-missteps/ss-AASjsjk
10. GDP - https://www.ft.com/content/1769e10d-9ff6-4c4b-8c7b-0098d321cd29
Geopolitics - Risk and Threats - Variants and Disease Management - September...paul young cpa, cga
Blog – Geopolitical Risks and Events – Canada and the World – September 4, 2022
Viruses will continue to evolve. More needs to be done to mitigate the virus threats through better oversight of WHO.
Healthcare sector needs to revisit is model including more private clinics and homecare options.
Addressing shortage of healthcare workers will require more seats at medical/healthcare programs along with how best to certified health professionals.
Long-term care needs to continue invest in adding bed capacity including more affordable retirement communities.
Similar to What is next for the Global Economy - October 2022.pptx (20)
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
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@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
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.
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 South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
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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
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.
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
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
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
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
What is next for the Global Economy - October 2022.pptx
1. WHAT’S NEXT FOR THE WORLD
ECONOMY – OCTOBER 2022
Paul Young CPA CGA
October 20, 2022
2. Paul Young - Bio
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
YouTube - https://www.youtube.com/user/youngercga1968/videos
3. Agenda
• Inflation
• GDP / Growth
• Commodities
• Stock Market
• Growth Areas
• COVID19/Deficit spending
• Debt
• Infrastructure
• Green Economy
• Job Quality Crisis
• Trade and Protectionism
• Audit Committee and Risk
• eCommerce
• Housing / Affordability
• Throne Speech/Canada
• 2020 USA Election
• Supply Chain
• Reporting challenges
• Energy Crisis
• What’s next?
5. Summary
PRESENTATION TITLE 2/11/20XX 5
Summary
• Concerns over housing debt and affordable housing are driving down markets
• Access to critical metals has become a growing concerns for countries trying to shift to cleaner economic policies
• Lack of focus on systemic issues with inflation
• Supply chain disruptions continue to plague global supply chains
• High inflation is challenge for global central banks
• Threat of recession continues to rise each week
• Bear market could lead to issues with pension solvency
Source - https://www.slideshare.net/paulyoungcga/what-is-up-with-the-stock-
market-for-we-october-14-2022pptx
Blog – Stock Market – WE October 14, 2022
commoditiesoutlook.
pdf
The Core Issue
Persists.pdf
USBottomLine_2022
1014.pdf
weekly-economic-wa
tch.pdf
BNS_Housing.pdf WestpacWeekly2022
1017.pdf
Summary:
US stocks slumped on Friday, giving up early gains and failing to build on the sharp rally that
occurred in the previous session.
Wall Street's major indexes locked in losses for the volatile week of trade that ended with mixed
earnings results from top banks.
Meanwhile, the University of Michigan's consumer sentiment survey showed inflation
expectations rose for the first time in seven months — despite a string of aggressive rate hikes
from the Federal Reserve. The 10-year Treasury yield hit 4%, as a worsening inflation outlook
likely keeps the Fed on its run of big and fast rate hikes.
Source - https://markets.businessinsider.com/news/stocks/stock-market-news-dow-nasdaq-inflation-
fed-sp500-bank-earnings-2022-10
What to Watch in
Commodities as China Heads for Pivotal Week Financial Post.pdf
U.S. stocks upended
by inflation survey's sobering view - BNN Bloomberg.pdf
Top 5 Technology
Trends for 2023 – BearingPoint Survey - Business Wire - Tech Me Now.pdf
Stock Market News
S&P 500 Ends Volatile Week in the Red.pdf
weekly-economic-wa
tch.pdf
BNS_Housing.pdf
WestpacWeekly2022
1017.pdf
stock-market-has-mo
re-swings-drug-stock-gains-on-upgrade.pdf
10 Best LNG and
LNG Shipping Stocks to Buy Now.pdf
Canada would back
'economically viable' new LNG terminals -finmin Reuters.pdf
OPEC cuts 2022,
2023 oil demand growth view as economy slows Reuters.pdf
10 of the Biggest
Geopolitical Risks by Likelihood and Impact Kroll.pdf
Toronto Is The
Biggest Real Estate Bubble In The World, Vancouver 6th UBS - Better Dwelling.pdf
Supply Chain
Disruptions Necessitate Better Contracting Practices Use of AI to Add Efficiency Foley & Lardner LLP - JDSupra.pdf
1. Stock Market / Closing - https://www.investors.com/market-trend/stock-market-today/stock-
market-has-more-swings-drug-stock-gains-on-upgrade/
2. LNG - https://finance.yahoo.com/news/10-best-lng-lng-shipping-135939721.html or
https://www.reuters.com/markets/commodities/canada-would-back-economically-viable-new-
lng-terminals-energy-transition-2022-10-14/
3. Oil production - https://www.reuters.com/business/energy/opec-cuts-2022-2023-oil-demand-
growth-view-economy-slows-2022-10-12/
4. Critical metals - https://aheadoftheherd.com/even-the-so-called-experts-are-wrong-about-
critical-metals-supply-richard-mills/
5. Geopolitical risks- https://www.kroll.com/en/insights/publications/10-biggest-geopolitical-risks-
by-likelihood-and-impact
10. Commodity Prices
Critical metals need for the green agenda continue to in both short supply as well as risen in cost.
USA continues to export Canadian natural gas as part of the LNG export strategy
Saudi Arabia oil capacity has hit a 2-year high
Food and fuel costs continue to challenge household finances
High cost of cement is impacting the construction sector
USA continues to sign contracts with Australia for its lithium
Russia and China continue to make investment in South America lithium mines - https://thehill.com/policy/technology/3564961-us-losing-ground-
to-china-russia-in-south-american-lithium-rush/ and https://www.slideshare.net/paulyoungcga/what-is-next-for-commoditiespptx-252250820 or
https://www.slideshare.net/paulyoungcga/what-is-next-for-commodities-september-2022pptx-253643931
12. Geopolitical Risks
• Geopolitical events are having bigger hit on both the private and public sector
• Eco-Terrorism - https://www.slideshare.net/paulyoungcga/the-threat-of-ecoterrorism
• Risk Factors - https://www.slideshare.net/paulyoungcga/understanding-risks-as-part-of-
development-risk-management-best-practices
• Race for innovation - https://www.slideshare.net/paulyoungcga/path-to-innovation-for-canada
• 6G - Blog - Dynamically Programmable Wireless 6G - https://www.linkedin.com/pulse/blog-dynamically-programmable-wireless-6g-
paul-young/?published=t
Source - https://www.ey.com/en_gl/geostrategy/what-elevated-levels-of-political-risk-mean-for-
business-in-2021
Source - https://economics.td.com/ca-quarterly-
economic-forecast
13. Growth Areas
Source - https://www.canadianmanufacturing.com/technology/the-top-global-trends-generating-growth-opportunities-from-covid-19-261195/
• More support for small businesses including startups -
https://www.slideshare.net/paulyoungcga/survival-or-
collapse-small-business
• Technology sector -
https://www.slideshare.net/paulyoungcga/how-to-better-
support-the-technological-sector
• Automation -
https://www.slideshare.net/paulyoungcga/whats-next-for-
automation-238371946
• Vertical farming -
https://www.slideshare.net/paulyoungcga/farming-in-
canada-august-2020
• Fish and other farming techniques -
https://www.slideshare.net/paulyoungcga/aquaculture-
fish-farming-and-harvesting-analysis
• Technology and the Environment -
https://www.slideshare.net/paulyoungcga/climate-
change-what-can-be-done
• 3D Printing -
https://www2.slideshare.net/paulyoungcga/3d-printing-
what-is-next-january-2021
14. COVID19 / Deficit Spending
Source - https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 or
https://www.csis.org/analysis/breaking-down-g20-covid-19-fiscal-response-may-2020-update
• Countries need to start pulling back their deficit spending as
part of the recovery
• There should be focus on many areas like getting goods to
market - https://www.slideshare.net/paulyoungcga/how-
best-to-get-goods-to-market and reforming of government -
https://www.slideshare.net/paulyoungcga/analysis-
efficiency-and-effective-government-canada-and-the-world
• Programs that supported income loss should be scale back as
part of supporting re-entry back into workforce -
https://globalnews.ca/news/7186683/quebec-business-
owner-workers-cerb/
• More emphasis will be required on training and education -
https://www.slideshare.net/paulyoungcga/human-capital-
management-skills-and-education
• IMF - https://in.reuters.com/article/us-imf-economy/imf-
tells-g20-countries-to-keep-spending-on-covid-19-crisis-
idUSKBN27I1X7
• Canada https://www.youtube.com/watch?v=WxpVughNIGg
• https://www.slideshare.net/paulyoungcga/path-forward-for-
canada-budget-2021 - Canada budget did little to fix issues
with competitiveness or supply chain or infrastructure
15. Pandemic / Variants
Summary:
• Countries around the world are re-open while other countries like Canada continue with their vaccine’s
mandates. Canada has over 90% of its population vaccinated.
• Trudeau has called the trucker occupation as an illegal -
https://www.nytimes.com/live/2022/02/12/world/canada-protest-trudeau
• People want their freedoms back - https://www.politico.com/news/2022/02/11/biden-trudeau-convoy-
protest-00008358. State, Provincial, local, and federal government are worried about the damage this will do
their various voter bases.
My work - https://www.slideshare.net/paulyoungcga/what-is-next-for-the-mitigation-of-varians
16. Debt
• Consumer, government and business debt levels could impact the recover
due to cash flow issues.
Blog:
• In the past, there have been concerns about debt, especially if interest rates
were to rise. Interest rates are still an issue. The bigger issue is cash flow
with govt, business, and personal. Sales and wages could see significant
shrinkage as part of the COVID19 recovery.
• My latest work on debt - https://www.slideshare.net/paulyoungcga/debt-issues-
global-debt-crisis-analysis-and-commentary-243199347
Can_Corporate_Debt.
pdf
17. Infrastructure
• Countries around the world can help with the post recovery by investing in
infrastructure
Blog:
• “Two critical elements in analyzing infrastructure projects are often overlooked: the true
cost of capital and long-term maintenance
expenses.” https://www.slideshare.net/paulyoungcga/canada-infrastructure-analysis-
of-policy
• Re-setting infrastructure spending - https://www.mckinsey.com/industries/capital-
projects-and-infrastructure/our-insights/resetting-capital-spending-in-the-wake-of-
covid-19
• Here is my work on infrastructure
• Canada - https://www.slideshare.net/paulyoungcga/infrastructure-gap-canada-and-the-world
• The United States - https://www.slideshare.net/paulyoungcga/infrastructure-analysis-the-united-
states
18. Green Economy
Source - https://www.weforum.org/agenda/2020/06/global-clean-energy-investment-research/
• Better balanced between the environment and the
economy -
https://www.slideshare.net/paulyoungcga/canada-
global-emissions-and-climate-change
• Cost of electricity is becoming a big issue for
countries
• https://www.slideshare.net/paulyoungcga/repo
rt-electricity-analysis-canada-and-the-world
• Circular Economy –
• Tougher environmental laws are required for
waste management
• https://www.slideshare.net/paulyoungcga/
how-to-best-support-a-circular-economy
• Green Economy and Emissions
• Many govts around the world are pushing the
green economy as part of the post-covid19
recovery -
http://www.oecd.org/coronavirus/en/themes/g
reen-recovery or
https://www2.slideshare.net/paulyoungcga/glo
bal-emissions-and-climate-change-canada-and-
the-world
21. Trade and Protectionism
https://www.canadianmanufacturing.com/exporting-and-importing/trade-body-rules-eu-can-put-tariffs-on-us4b-of-
u-s-goods-262170/
• “International arbitrators said Oct. 13 that the European Union can impose tariffs and other penalties on up to
US$4 billion worth of U.S. goods and services over illegal American support for plane maker Boeing. The move further
sours transatlantic ties at a time when the coronavirus has doused trade and savaged economies.”
• More work needs to be done by all countries to fix trade related issues
• Canada and Trade - https://www.slideshare.net/paulyoungcga/merchandise-trade-canada-august-2020
• USA and Trade - https://www.scmp.com/economy/china-economy/article/3105354/us-election-chinas-
trade-gap-united-states-was-43-cent-bigger
• China and Trade - https://www.npr.org/2020/11/17/935322859/asia-pacific-allies-sign-huge-trade-deal-
with-china-while-u-s-sits-it-out
• Reforming the WTO - https://www.chinabusinessreview.com/competing-wto-reform-agendas-and-the-
contest-for-the-next-director-general/
• Here is my work on WTO and Trade Policies - https://www.slideshare.net/paulyoungcga/is-the-world-heading-to-
more-protectionism-november-2017
22. Audit Committees and Risk Mitigation
Audit committees will have fuller plates than usual in the coming year, according to Big Four firm KPMG, managing agendas packed with new risk
management responsibilities amid the fallout from the coronavirus pandemic and other crises of 2020.
In a recent report, KPMG’s Board Leadership center identified seven key issues that audit committees will be grappling with. To start, the report
noted than more than 60 percent of audit committee members surveyed said that COVID-19 has prompted them to reassess the scope of their
agenda and their risk management responsibilities.
“Keeping the audit committee’s agenda focused will require vigilance,” the report noted. “Virtually all companies will continue to deal with
significant disruption and uncertainty … . Does the audit committee have the time and expertise to oversee the major risks now on its plate?”
Top 7 Risk Areas
1. Look at Audit Committee Agenda and workload
2. Monitor the financial reporting & disclosure impacts of COVID-19 on the company’s filings
3. Reinforce audit quality & understand the impact of COVID-19 on the external audit process
4. Work with management to reassess & and oversee the scope & quality of the company’s ESG/Sustainability reports & disclosures
5. Understand how technology is impacting the finance organization’s talent, efficiency, and value-add
6. Help ensure that internal audit remains focused on the critical risks including risks posed by COVOD19 and other geo-political events
7. Sharpen the focus on the company’s ethics, compliance, and whistle-blower programs, recognizing the increased pressure on employees
Here is my blog on how to streamline reporting including mitigation of risk - https://www.linkedin.com/pulse/covid-
other-geo-political-disclosures-extra-risks-top-paul-young/?published=t
23. eCommerce
1. Delivery becomes the new normal - Delivery services have become all the rage. The likes of Uber Eats, GrubHub and Instacart have fundamentally
changed the way people get restaurant food or receive grocery store deliveries
2. Alternative business models ring up gains - Once upon a time, retailers sold products to customers. But digital technology is driving fundamental
changes to the old-fashioned transactional model and making consumers more comfortable with paying for value over time. A growing array of brands
are making products available on a subscription basis. Some retailers are exploring ways to use things like smart speakers and IoT to replenish items
automatically.
3. Fulfillment hubs eclipse storefronts - Shifts in consumer behavior will have repercussions in 2021. As leased storefronts in malls underperform due to a
lack of foot traffic, retailers are looking to convert them into fulfillment hubs. There’s remarkable synergy in using these spaces for ecommerce—in
some cases, transforming them into mini-distribution centers—particularly when paired with last-mile delivery services. Amazon has already begun to
eye this model to expand its footprint and same-day delivery network further. It has reportedly engaged in talks with mall operators to take over empty
space as retailers like Sears and J.C. Penney vacate
4. New store designs appear - Despite a massive shift to ecommerce, physical stores are not going away anytime soon. They are just going through a
corresponding transformation. Several prominent retailers focus on blending online and in-store shopping, emphasizing creating a more engaging and
socially distanced shopping experience. For instance, Walmart recently grabbed headlines when it announced that it would overhaul 200 of its
supercenters into airport-inspired stores, complete with more prominent signage, contactless checkout, and other innovations.
5. Online gets personal - Video calls have already gone mainstream in the business world. People see each other, share screens and exchange information.
Retailers are also beginning to recognize the value of video chat as a consultation and sales tool. Whether a consumer is buying a car, furniture, or
upscale clothing, why not offer an option of connecting to a sales associate or product expert whenever it is convenient? This can be after work, on the
weekend, even late at night.
1. Source - https://www.digitalcommerce360.com/2020/11/05/5-predictions-how-things-will-change-for-retailers-in-2021/
Areas of focus
Omni Channels - https://www.shopify.ca/retail/omnichannel-trends
Sales Tax / eCommerce https://www.avalara.com/us/en/blog/2020/11/rapid-rise-of-online-sales-could-trigger-new-sales-tax-collection-requirements-for-
sellers.html
Here is my work on eCommerce - https://www2.slideshare.net/paulyoungcga/ecommerce-what-is-next
24. Blog – Housing Affordability
Homelessness is a global challenge. The United Nations Human Settlements Program estimates that 1.6 billion
people live in inadequate housing, and the best data available suggest that more than 100 million people have no
housing at all. Homelessness is growing in many parts of the world, occurs in all nations, and has severe
negative impacts on individuals and on communities.
Homelessness is a complex issue, sitting at the intersection of public health, housing affordability, domestic
violence, mental illness, substance misuse, urbanization, racial and gender discrimination, infrastructure, and
unemployment. The interplay between these elements is expressed in a host of ways depending upon local
context. Levels of homelessness rise and fall dependent on shifts in, and changes to, any one of the elements.
But there is good news: this problem can be solved. Countries and cities across the world have seen steep
reductions in homelessness, and some have ended it outright. With the right mix of program interventions, well-
coordinated local systems, and effective policy, many countries have proved that homelessness can be
successfully addressed. Sources - https://thefulcrum.ca/opinions/letter-to-the-editor-why-homelessness-is-
rarely-a-major-topic-during-election-campaigns/ or https://ighomelessness.org/about-us/
My work: https://www.slideshare.net/paulyoungcga/housing-and-homelessness-canada-and-the-world-july-2021
25. Supply Chain
Chaos/Supply Chain
Shipping container shortages in Asia, traffic jams at ports, limited availability of dockworkers and truck
drivers from Southern California to Singapore, higher shipping prices—all are part of a now-stretched supply
chain due to the pandemic, according to a recent New York Times report. What is the impact on rail?
“‘I’ve never seen anything like this,’” Lars Mikael Jensen, head of Global Ocean Network at A.P. Moller-Maersk,
the world’s largest shipping company, told The New York Times, which included his quote in the headline of a March
7 feature, “‘I’ve Never Seen Anything Like This’: Chaos Strikes Global Shipping.”
https://www.railwayage.com/intermodal/does-chaos-rule-the-global-supply-chain/
My work - https://www.slideshare.net/paulyoungcga/how-to-reshore-supply-chain-management-244371640
Continue to play key role with the rise of inflation around the globe.
https://www.slideshare.net/paulyoungcga/what-is-going-on-with-commodity-prices
26. ESG Reporting
SEC may require climate risk disclosures in expanded 10-Ks: Gensler
• Securities and Exchange Commission (SEC) Chair Gary Gensler has asked agency staff to submit a proposal for
mandatory climate risk disclosures for consideration by the end of 2021. Such reports may be required in an
expanded Form 10-K and describe a company’s direct and indirect carbon emissions, including those by suppliers
and partners in its “value chain.”
• Companies may be required to disclose both qualitative and quantitative details, including how they manage
climate-related risks and opportunities in day-to-day operations and in broad strategy, Gensler said Wednesday.
They may also need to report on metrics such as greenhouse gas emissions, financial impacts of climate change
and progress towards climate-related goals.
• “Today, investors increasingly want to understand the climate risks of the companies whose stock they own or
might buy,” Gensler said in remarks during a webinar. “Investors are looking for consistent, comparable, and
decision-useful disclosures so they can put their money in companies that fit their needs.”
• Source - https://www.cfodive.com/news/sec-may-require-climate-risk-disclosures-expanded-10-ks-
gensler/604084/?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202021-07-
29%20CFO%20Dive%20%5Bissue:35724%5D&utm_term=CFO%20Dive
Here is my latest presentation on Environmental, Social, and Governance (ESG) reporting -
https://www.linkedin.com/posts/paul-young-055632b_box-activity-6822831792043769856-T0Fe
28. Reporting Challenges for both the Public and
Private Sectors
Blog – Close, consolidate, and reporting cycle – What is next for both Public and Private sector Reporting:
Both the public and private sector continue to face reporting challenges, especially with
more demands by internal and external users of their financial statements. Here is my
latest work on the close, consolidate, and reporting cycle -
https://ibm.box.com/s/i7efp948qvb5l8bt96y8sigsup8yes2u
29. Energy Crisis
Australia exported 3-13 million tons per month of coal to China in 2020. If China needs 50 million tons per month
that is rapid increase in coal production. It is unclear in China and Australia would be able to ramp to meet the
demand. China is already in a shortage of perhaps 50 million tons per month.
If there is a rapid surge in coal importing to China, there could be overbidding that causes shortages for other Asian
countries. This will also make the supply chain problems even worse.
Prioritizing heating over electricity means more factory shutdowns.
Prioritizing heating coal imports over other supply chain means that the 200 ships waiting to get unloaded get
bumped back at the ports for hundreds of coal ships.
China having coal production problems is tough because building other sources of electricity and heating will take
years. Especially if China wants to get beyond current levels to support 6% per year GDP growth.
https://www.nextbigfuture.com/2021/10/173364.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A
+blogspot%2Fadvancednano+%28nextbigfuture%29
This ties nicely to my work on energy - https://www.linkedin.com/pulse/world-heading-energy-crisis-paul-young/
30. What’s next
• The world has shown there were issues with their various responses to pandemic. All levels of government should have audited crisis and risk
management reports - https://www.slideshare.net/paulyoungcga/crisis-management-how-best-to-managed-a-crisis
• More balance between the economy and GDP - https://www.slideshare.net/paulyoungcga/why-do-politicians-play-games-with-the-environment
• More emphasis on supply chain including local solutions - https://www.slideshare.net/paulyoungcga/how-best-to-reshore-supply-chains
• Reforming taxation as part of overall tax fairness - https://www.slideshare.net/paulyoungcga/are-wealth-tax-a-good-idea
• Reforming the size of government – https://www.slideshare.net/paulyoungcga/how-does-the-world-transform-healthcare-238832381
• Stop pushing guarantee income and start working on policies that will support better jobs - https://www.slideshare.net/paulyoungcga/policy-
analysis-guarantee-income
• Innovative solutions when it comes to upgrading and/or building new infrastructure - https://www.slideshare.net/paulyoungcga/canada-
infrastructure-analysis-of-policy
• Fixing the systemic issues with housing - https://www.slideshare.net/paulyoungcga/housing-market-affordability-and-costing-canada-
september-2019
• Reforming global organizations like WHO and WTO - https://www.slideshare.net/paulyoungcga/reforming-both-the-united-nations-and-who or
https://www.slideshare.net/paulyoungcga/2019-election-global-trade-barriers-and-protection-wto-canada-september-2019
• Better urban planning decisions including rural and urban strategies - https://www.slideshare.net/paulyoungcga/urban-and-rural-planning-
whats-next-236315321
• Working together to reduce geo-political issues - https://www.slideshare.net/paulyoungcga/dealing-with-geopoltical-risk
• Reforming accounting and audit as way to provide more oversight into financial performance of businesses and the government -
https://www.slideshare.net/paulyoungcga/internal-audit-and-performance-base-auditing
• Vaccine production and distribution - https://www.nytimes.com/interactive/2020/science/coronavirus-vaccine-tracker.html
Blog – What is next for the Global Economy – October 2022
The global economy faces many challenges including high inflation and geopolitical risks.
Global debt levels are a deep concern for central banks as interest rates continue to rise
All levels of government need to re-think their progressive agenda. More needs to be done to reign in
government spending. More emphasis needs to be on digital government and value for money as it
relates to program spending and performance
Closing tax loopholes should be a priority for all levels of government as part bringing in tax fairness
Countries like Canada need to do more to streamline their regulatory process as part of getting goods
out of the ground to market.
Farmers need more policy support as part of adopting vertical and expert farming practices. Food
security and costs continue to be an issue for governments around the world
Power grid will require trillions of investments as it moves to net zero. Low electricity rates are likely a
thing of the past. The capital recovery by electrical power generators will see a rise in rates.
The world needs to find ways to bring peace to world. United Nations needs to do a better job working
with countries to resolved political issues with countries.
Agr icultur e’ s
consumption unchanged for 2 5 year s, despite higher output.
pdf
Canadian R egulator s
Zer o in on Gr eenw ashing Claims - ML T Aikins - Wester n Canada's L aw Fir m.
pdf
Wor ldw ide IT
spending to gr ow five per cent in 2 0 2 3 Gar tner IT Wor ld Canada New s.
pdf
L oblaw hikes supply
chain char ges as tr anspor tation costs r ise The S tar .
pdf
Ocean fr eight r ates
ar e dow n, but consumer goods w on't be cheaper by the holidays - The Washington Post.
pdf
Global tr ade at the
cr ossr oads R isks fr om geopolitics, inflation loom.
pdf
L ithium pr ice peak
appr oaching, take car e.
pdf
Mondelez CEO
Pandemic changed how the consumer 'looks at their spending'.
pdf
How the Global Debt
Cr isis Could Make the Hunger Cr isis Wor se Center for Global Development Ideas to Action.
pdf
L atest Global Gr ow th
For ecasts S how Challenges Facing Economies.
pdf
Global Housing
Mar ket Pain Has Echoes of a Cr ash 3 0 Year s Ago - BNN Bloomber g.
pdf
Gar tner R eveals Top
1 0 S tr ategic Tech Tr ends For 2 0 2 3 – - Channel Post MEA.
pdf
3 w ays CFOs can
utilize ER P as r ecession hedge CFO Dive.
pdf
How CFOs Will
Tackle Challenges Heading into 2 0 2 3 .
pdf
Global S mar t
Manufactur ing Mar ket Pr edicted to R ecor d Over 1 2 .
7 _ CAGR Dur ing 2 0 2 3 -2 0 2 9 - Mar ketWatch.
pdf
Char ting new
pathw ays inspir ed by the Bio-Cir cular -Gr een Economy APEC.
pdf
for ecast_ 2 0 2 2 1 0 1 7 -1
.
pdf
g2 0 -gdp-gr ow th-Q2-
2 0 2 2 .
pdf
OECD Employment
Outlook.pdf
What is next for the
Global Economy - October 2 0 2 2 .
pptx
China Is R apidly
Monopolizing R ar e Ear th Elements, Why The Wor ld Must Act Now To S top The Dr agon.
pdf
Biden Outlines New
S teps to Cut Fuel Pr ices, Encour age Oil Pr oduction Bar r on's.
pdf
Biden cr ushed for
dr aining US oil r eser ves, denying his administr ation ‘ slow ed’ oil pr oduction Fox New s.
pdf
Tr inidad r eady to
boost L NG, ammonia expor ts once mor e gas is online R euter s.
pdf
1. Critical metals - https://eurasiantimes.com/the-world-must-come-together-to-stop-chinas-
monopoly/
2. Energy / Oil - https://www.barrons.com/articles/biden-oil-strategic-petroleum-reserve-gas-
51666135864 or https://www.foxnews.com/media/biden-crushed-draining-us-oil-reserves-
denying-his-administration-slowed-oil-production
3. LNG - https://www.reuters.com/business/energy/trinidad-ready-boost-lng-ammonia-exports-
once-more-gas-is-online-2022-10-19/
31. Other Sources
• If you like to learn
more about trade
and/or other
subjects as part of
your professional
learning and
development then
feel free to review
my material on
https://www.udem
y.com/ (search Paul
Young CPA CGA
Editor's Notes
Blog – What is next for Stock Markets around the World – September 9, 2022
Stock markets around the world continue to be very volatile
https://www.slideshare.net/paulyoungcga/what-is-up-with-the-stock-market-for-we-september-9-2022pptx