MOTIF INVESTING’S JOINT PARTNERSHIP WITH J.P. MORGAN!!!!!!!!!!!

motif investing

By: Economic & Finance Report

Motif Investing has joined an exclusive alliance with J.P. Morgan. The partnership allows J.P. Morgan IPOs to be directly correlated to retail investors. This will be done through the platform contributed by Motif Investing.

Motif Investing is co founded by former Microsoft Mergers & Acquistions head honcho Hardeep Walia. Mr. Walia is also the CEO of the Motif outlet.  The partnership comes at a good time in the stock market, as the stock indexes continue to rise hitting enormous highs.-SB

U.S. JOB CLAIMS CONTINUE TO FALL… 42 YEAR LOW THUS FAR………

job pic

By: Economic & Finance Report

The jobless claims reports coming in around 255k-256k has sparked analyst reactions that obviously they did not foresee. Jobless claims continue to fall, as stronger working economy continues to rise. These indications point to a strengthing job market. 

Jobless claims hit a 42 year low last week and improvements seem to be scalable as we approach the holiday season, starting next month. As the job market improves so do the economy and common trend that consistently is proactive amongst each other.  The fewer claims that are presented the better the global markets and economy are strengthened, helping everyday working people.

FORMER MICROSOFT CEO… INVESTS 4% STAKE IN TWITTER…$800 MILLION STAKE….

Steve Ballmer pic

By: Economic & Finance Report

Former Microsoft executive CEO and current Los Angeles Clippers NBA team owner, Steve Ballmer has invested in social media giant,  Twitter #TWTR… His 4% stake is valued around $800 million, and leads him to be the #3 individual stakeholder in the company, overtaking more stake in the company then Twitter CEO Jack Dorsey.

With the announcement, Twitter’s stock rose over 5% on Friday, @ $31.34 by the closing stock bell. Mr. Ballmer net worth is over $21 billion dollars in 2015, making him the 35th richest person in the world. Twitter has indicated recently that it will be laying off employees; somewhere around 8-10% of their workforce will be downsizing. -SB

MALAYSIA’S GROWTH IS AT RISK; POLICY CONCERNS ARE ADDRESSED:::::;

Malaysia map

By Economic & Finance Report

Malaysia is attaining strong risk because of the slowing down of the global economy, and the Central Bank of Malaysia is monitoring the situation.  Malaysia Central Bank Governor Zeti Akhtar Aziz, indicated the risk ahead for the country as far as growth and economic progress.  The GDP of the southeast Asian country will increase to 5% for the year, as well as for next year also (2016). 

It has been difficult for Malaysia to improve their economy and financials, since oil revenues have fell rapidly.  Also, the political climate has not been great as well, as the Prime Minister Najib Razak has been subject to corruption. Allegations that political  donations had been disbursed  into his personal bank account.

Ms. Aziz has indicated though, that the economical & montary policies set forth by the Central Bank will continue, regardless of the political climate within the county. -SB

MOBILE DEVICES & THE INTERNET: HUGE DRIVING FORCES IN AFRICA’S GROWTH

Africa mobile

By: Economic & Finance Report

The mobile industry has committed billions of dollars in the growth and expansion of Sub Saharan Africa. A new GSMA report indicated the “US$102 billion economic contribution in 2014 was equivalent to 5.7 per cent of the region’s GDP.” By 2020 the mobile industry is expected to contribute over $166 billion throughout the continent.

In 2014 Africa surpassed Latin America, as the #3 largest mobile subscriber market, after Europe and Asia. On the continent by the end of 2015 there will be over 385 million subscribers. The increasing revelation of broadband has expanded subscriberships and usage within the diverse continent. By 2020 Africa’s subscriberships within mobile devices, will be over 540 million, as indicated by telecom analysts. -SB

PEOPLE ARE SAVING A WHOLE LOT OF MONEY NOWADAYS!!!!!!!!!!!!!!!

save money pic

By: Economic & Finance Report

In today’s economy people tend to be saving a whole of money, and economists are stating that this is not expected.  When people save money, then there is no spending  to assist in bolstering the economy; meaning there is even less demand for  goods and services, which then also implicates stagnation. 

Recently people are not spending as  much but saving more, and this happens to be throwing economists through a “whirlwind”. People in a good economy should be spending according to economists, and when this is not happening, theories and concepts are sort of disproven to an extent. People are currently saving  more money, even though interest rates are at the lowest that they have been for decades.

Borrowers are benefactors of low interest rates (theoretically), so spending should be indicative; this seems not to be the case in 2015. Currently, government and business entities are benefiting from low interest rates as opposed to current borrowers. Something seems to be brewing, but exactly what it is????? Is the definitive question…-SB

PRESIDENT BUHARI PLANS TO INCORPORATE DUAL ROLES: COMMANDER & CHIEF & OIL CHIEF

President Buhari

By: Economic & Finance Report

Nigeria’s President, Muhammadu Buhari will govern the 170 plus million populous nation; as well as run and monitor the oil sector for Africa’s biggest economy and oil producer.  Buhari is not new to the oil sector, he was in the past, head of the Oil Ministry  in the 1970’s and then again in the 1990’s.

President Buhari serving in dual capacity, allows him to maximize  leadership in leading Nigeria, as well as monitoring an oil industry that has struggled because of declining oil revenues and corruption. Having Buhari at the helm gives the new president oversight to find ways to improve the financial situation in the populated nation as well as make sure corruption does not  seep through the oil industry as it has done in the past. -SB

JET BLUE AIRLINES EXPANDS ITS SERVICE TO CUBA….

cuba travel

By: Economic & Finance Report

JetBlue has indicated they will add a secondary charter flight from JFK Airport (Queens, NYC) to Havana, Cuba. The trips will be flown every Tuesday, non stop and direct, from New York City to Havana, and vise versa. JetBlue will do this in partnership with Cuba based, Cuba Travel Services, who are licensed by the U.S. government to provide service flights into Cuba.

Flights flying into Cuba are allowed to fly directly without the intervention of the U.S. Treasury Dept. However, US tourism as a who is still banned but relaxation of the ban is critical in progress between the United States and Cuba.

During the U.S. trade embargo of 1962, United States flights going into Cuba were suspended indefinitely. -SB

SOUTH FLORIDA HOUSING MARKET IS HOT……..MUY CALIENTE!!!!!!!!!!!!!!!!!!!!!!

south florida market

By Economic & Finance Report

The South Florida housing bubble continues to rise on a national scale.  GSE (Government Sponsored Enterprise) Freddie Mac  has indicated that the South Florida housing market continues to incline on national index data. 

On data provided by Freddie Mac, South Florida homes is in the 80% percentile range as far as increase of bought homes regionally and nationally. Palm Beach, Broward and Miami-Dade counties had the highest score amongst the counties in Florida. South Florida is also improving in development of the home landscape nationally as well, as far as on time mortgage payments by home owners, and as the housing market rebounds on major demographic fronts.

Reporting by Zillow presented that South Florida only lost 16% of the housing market compared to 27% on the national scale.-SB

THE FED HAS DECIDED….. NO INTEREST RATE HIKES…FOR NOW…..

Fed Rate hikes

By Economic & Finance Report:

The US economy is doing well, but the the Fed has decided not to raise interest rates, yet. The job market in the US has almost fully recovered, and inflation will eventually go back to 2%. Again, inflation is expected to be very low this year, and by next year should increase.

It seems that the decision not to raise interest rates lied with what the current global economy is going through. China, the Eurozone, Brazil and other countries globally, are going through economic turbulence; so it looks as though the Fed took into account these worldly factors, as an endemic issue. 

The Fed has not stated that it won’t raise interest rates before the end of the year, but as global factors pan out, observers are watching to see where the trends are going to head. -SB