PORTFOLIO & FUND MANAGERS TAKE RISK…. TO PROFIT…..

 

portfolio manager pic

By: ECONOMIC & FINANCE REPORT

Various fund and portfolio managers have to take risk to get ahead in this ever growing investing markets, especially as the new year begins in 2015.  There are a few research studies floating about; that indicate that portfolio managers, fund managers, asset allocation managers and other finance managers, lag way behind the money markets when certain investment initiatives are not in place. Overall their records perform unusually low without taking the necessary risk  to attain net profit gains.

Managers that do not take the necessary risks in diversifying their portfolios to allocate the funds in various risk allocations, lose the incentives to attain profit, then allowing them to underperform in other aspects of their trading accounts and portfolios. At the end of it all, instituting monitored risk or calculated risk is more appropriate in establishing decent results for clients portfolios.

-SB

 

IN THE NEXT 10 YEARS CHINA DECLARES TO INVEST $250 BILLION IN LATIN AMERICA!!!!

 

China-Latin America

BY: Economic & Finance Report

China has just pledged to invest $250 billion in Latin America, keying  in on infrastructure, energy and in natural resources. China recently held a two day summit inviting 33 Latin American countries to discuss economic and financial bilateral relations with the far east and the Americas.

China has been interested in the region for decades to date, focusing on the natural and organic resources that Central and South America has to offer. Obviously; China being a major player is positioning themselves to compete in the region against the United States. This bilateral deal between all parties allows China’s presence  to be known in the region, but as far as the lasting impact that will occur; only time will tell for sure.

-SB

MERCEDEZ BENZ US HEADQUARTERS IS RELOCATING… TO ATLANTA…

 

mercedez benz

By: Economic & Finance Report

 Luxury  car maker Daimler AG (Mercedes Benz) is relocating down to Atlanta. The US  headquarters in New Jersey will no more be in existence.

Executives and management indicated that the shift was provided because of lower costs, the tax breaks they would receive and the close proximity to their southern car plants which is located in the state of Alabama. 

The shifting of personnel is expected to occur in July 2015, which  will include 1,000 personnel movint to the suburbs of Atlanta.  Executives @ Daimler AG also indicated that the relocation made sense because of the dynamic presence of the south currently and the infrastructure renovation that Atlanta has be going through in the last few years, made the decision much easier to relocate US operations down south

-SB

JORDAN STOPS A $15 BILLION DOLLAR DEAL FOR ISRAEL GAS SUPPLY

 

oil drilling

BY ECONOMIC & FINANCE REPORT

The Jordanian kingdom has stopped a business deal worth approx $15 billion dollars for Israel’s oil and gas supply, reported by the Jordanian  Ministry of Energy and Mineral Resources.

Instead the Jordanian govt has stated that it will sign  a mega gas/oil production deal with BG Group PLC, which is located outside the Gaza strip. The previous deal which has now been suspended; was with giant Israel based oil and gas company, Noble Energy (NBL). The deal was supposedly worth north of $15 billion dollars.

Jordan is doing this deal with tje BG Group PLC because of the halting of the gas/oil pipeline in Egypt, which affects the region especially Jordan directly. There has been constant pipeline bombings in Sinai, Egypt disrupting the production and output in the region.

-SB

 

AS THE NEW YEAR 2015 BEGINS…. ENERGY STOCKS MAY CONTINUE EROSION….

By: Economic & Finance ReportENERGY PIC

As the new year begins in 2015 many energy investors are seeking to seethe, especially wondering if the energy stock sector will improve??? It has been a tumultuous roller coaster for  energy stocks in particular. The price of oil increasingly declining brought about low production of oil and energy resources in 2014. Will it differ in 2015???

Insiders believe bigger energy/production companies will  be over leveraged, thus taking out the smaller players (energy/oil companies), also bringing about more partnerships and alliances; along with more mergers and acquisitions definitely could be in play for 2015. The lack of gains in the sector has affected smaller companies already and bigger energy companies also. 

-SB

THE SUPER TAXING ON MILLIONAIRES HAS BEEN DROPPED BY FRANCE (NEW YEAR DAY EDITION 2015)

 

French tax By: Economic & Finance Report

The super taxation by French government to tax wealthy millionaires has been dissolved or let go recently. France has dropped the tax indefinitely. The tax was levied  on having millionaires who were living in France (citizens/nationals) had to pay substantially high tax rates, something of upward of 70%-75% on the current tax rates.

The tax was already rejected by the French Supreme Court and it was having major hurdling blocks already, since France is already going through its own economic crisis. The tax had taken a more drastic effect on an already volatile economy.

The increased tax rate already being substantiated by a minority population in France; it still was being rebuked by the majority of the population. Many protests had occured by citizens and people alike, in which they were displeased with the tax. The indicator was that the  tax  was hurting an already digress economy and not only this, the tax was heavil hurting more businesses not to hire people, and affecting an already growing unemployment figure within the country.

-SB

 

FORBES WORLD’S MOST POWERFUL PEOPLE LIST IS OUT 2014 !!!!!!!!

By: Economic & Finance Report

The  annual Forbes Most Powerful People List is out for  the year 2014.   Some of the names on the list are listed below….

1) Vladamir Putin (Russia)

2) Barack Obama (United States)

3) Xi Jinping (China)

4) Pope Francis (Roman Catholic Church-Argentina)

5) Angela Markel (Germany)

6) Janet Yellen (United States)

7) Bill Gates (United States)

8) Mario Draghi (Italy)

9) Sergey Brin (United States)

10 Larry Page (United States)

11) David Cameron (Great Britain,UK)

12) Abdullah bin Abdul Aziz Al Saud (Saudi Arabia)

13)  Warren Buffet (United States)

14) Li Kequiang (China)

15) Carlos Slim & Family (Mexico)

16) Jeff Bezos (United States)

17) Francois Hollande (France)

18) Jamie Dimon

19) Ali Hoseini-Khamenei

20) Rex Tillerson (United States)

21) Jeffrey Immelt (United States)

22) Mark Zuckerberg (United States)

23) Michael Bloomberg (United States)

24) Charles Koch & David Koch (Koch Brothers) (United States)

25) Timothy Cook (United States)

-SB

APARTMENT RENTERS: EXPENSIVE CITY AREAS TO LIVE IN THE U.S.

apartments bldng

By: Economic & Finance Report

As prices of products and services increase so do living conditions around the United States.  Survey that was conducted by Apartments.com, below are expensive apartment rentals sections/cities around the country…

1) Philadelphia, Pa: Bottom of the list. (Home of Brotherly Love)

2) Pasedena, Ca:  Nothing like being close to southern LA, and celebrity life.

3) Washington, D.C. The nation’s capitol, why not they government regulates damn near everything anyway, to say the least… Why not place being expensive place to rent an apartment as well.

4) Queens, NYC:  Whoo-hoo we made it QU…. The apartment and cost of living is decent Not that expensive,  definitely suburban life, houses, yards, garage, drive way…. I should know, I’m from there….

5) San Diego, Ca: Nothing like living in Southern California, sun, beaches, good life…..

6) Newport Beach, Ca: That beach sun life, shout out to San Diego our cousin’s… Can’t forget beautiful women life….

7) Jersey City, NJ: I can see this, expensive apartments, condos, coops, especially by the water.. The view of looking toward New York City… Million dollar views… I see this definitely.

8) Great Neck, LI…  Long Island definitely expensive and the taxes yeeeesssshhhh…Hope you have a good income for the property taxes…

9) Palo Alto, Ca: Tech city baby… Latest technology home bases…

10) Oakland, Ca: Wow Oakland has come a long way… Expensive apartments to rent, very interesting….

11) Boston, Ma: Those Bostonians do it again, making the list.. I see you guys, watching you guys and gals too (lol).

12) San Francisco, Ca: I see the Golden Gate Bridge: South side lifeeeeeeeee…

13) Brooklyn, NYC: Big Ups to Broooooookkkkllllllynnnnnnn….

14) Manhattan, NYC:  Tops the List...Of course, everything in Manhattan is expensive not just apartment…. Lavish lifestyle, I should know… Trust I should know….

-SB

BLACKBERRY MIXED EARNINGS REPORT BRING A DIP TO THE STOCK

 

Blackberry pics

BY: Economic and Finance Report

Blackberry shares dipped a bit on Friday  because of their mixed earning report for the end of the year quarter. Finishing down to $9.99. There seems that there is still a lot more work to be done as Blackberry is restructuring the company.

The company did below what analysts had predicted of $1 billion dollars in revenue. Blackberry reported losing  $148 in revenue in the 3 quarter. Blackberry executives expect the company to continue with either “break-even” or a little better route in their cash flow for 2015, but the Chairman/CEO John Chen expects Blackberry to hit profitability in the beginning of 2016.

-SB

NIGERIA FEDERAL BANK INCREASES POSITION IN SUPPORTING NAIRA!!!

Nigeria Naira

By: Economic & Finance Report

The Nigerian Central Bank has placed currency traders in a tough position. As the Nigerian currency (Naira) slides, the Central Bank of Nigeria has indicated that currency traders will have to buy or sell their position in the Naira within the next couple of days, or be forced to sell it at the rate set forth by the Central Bank. CBN (Central Bank) has also restricted some currency trading in efforts to boost the Naira. Tough sanctions will be followed if noone adheres to the rules set by the CBN (Central Bank of Nigeria)  as well.

Many currency traders, analysts, researchers and speculaters are seething to the tune of the declination fo the Naira, betting that the Naira will continue to derail against the US dollar. The Naira has been devalued to 168 to the dollar but it continues to slide none the less.

The Nigerian economy is set to grow 5.5% this year set from the revision of 6.4% previously. This revision was set by the Nigerian finance ministry led by finance minister  and renowned global economist Ngozi Okonjo-Iweala.

-SB