The Fed Waited Too Long: Hear Comes Inflation How Deflation in food and energy is inflationary in wages and core CPI

The Fed Waited Too Long: Hear Comes Inflation
How Deflation in food and energy is inflationary in wages and core CPI
It should have been a warning sign to the Fed when Walmart of all people voluntarily raises wages across the board for its employees, they aren`t doing this out of the kindness of their heart. If one takes a look at the JOLTS numbers, and the competition for employees in a tightening labor market, wages are going to have to rise to compete for the available labor pool. 2015 is going to be the year of the wages, and inflation is going to blow through the Fed`s 2% target towards the end of the year once the bad energy comp components come out of the data set.

http://www.econmatters.com/2015/02/the-fed-waited-too-long-hear-comes.html

How Singapore Became an Entrepreneurial Hub and WHY MALTA is doing the same play – Malta, the city-state hub for innovation and entrepreneurship in the Mediterranean Sea

How Singapore Became an Entrepreneurial Hub and WHY MALTA is doing the same play – Malta, the city-state hub for innovation and entrepreneurship in the Mediterranean Sea

A hospitable environment, contact MALTAway to your access to Malta.

Singapore is regularly ranked as one of the easiest countries in the world in which to do business. There are rules, for sure, but they are clearly laid out and easy to follow. New companies can be set up in hours, if not minutes. Intellectual property is respected, and the rule of law is transparent. Immigration is no less a hot topic in Singapore than other countries, but Singapore makes it easy to get highly educated workers into the country, and has a specific employment pass targeting would-be entrepreneurs.

https://hbr.org/2015/02/how-singapore-became-an-entrepreneurial-hub

Malta is so similar, based on the same concept with a strong Regulatory,Tech and Finance infrastructure and qualified skills coming form everywhere in the world and with a dedicated plan driven by MITA the Maltese Information Technology Government agency

The MITA Innovation Hub will serve as a venue where future web entrepreneurs and innovators will have a number of software and cloud technologies, and support programmes, to choose from for their projects. These include HP’s CloudSystem and HP LIFE Centre eLearning for Entrepreneurs, Microsoft’s Windows Azure and BizSpark Program, and IBM’s Global Entrepreneur Program comprising software, learning material, and access to technical and business mentorship.

The Innovation Hub plans to collaborate with other existing start-up initiatives such as the University of Malta’s Centre for Entrepreneurship & Business Incubation (CEBI) and their recently launched TAKEOFF incubator, the Microsoft Innovation Centre at SkyParks Business Centre, PwC’s 1Million Euro Startup Fund initiative and the Malta College of Arts Science and Technology (MCAST) that have recently been assigned a number of units at the Kordin Business Incubation Centre managed by Malta Enterprise.

http://mitainnovationhub.gov.mt/en/Pages/home.aspx

malta way malta innovation entrepreneural hub

This Shorting Opportunity Is As Great As 2007-2009….. when you wipe away debt, you also wipe away equity.

This Shorting Opportunity Is As Great As 2007-2009….. when you wipe away debt, you also wipe away equity.
… we used all our monetary firepower to avoid the first downturn in 2007-09, so we are really at a dangerous point to try to counter the effects of a slowing China, falling commodities and EM incomes, and the ultimate First World effects. This is the heart of the message. If economic activity far from picks up, but falters, then there will be a painful round of debt default.
For those who have failed Chapter 11 (or 7) 101, a quick reminder: when you wipe away debt, you also wipe away equity.

http://www.zerohedge.com/news/2015-02-24/shorting-opportunity-great-2007-2009-billionaire-crispin-odey-warns

 

This Is The Biggest Problem Facing The World Today: 9 Countries Have Debt-To-GDP Over 300%

This Is The Biggest Problem Facing The World Today: 9 Countries Have Debt-To-GDP Over 300%

Who is on the way for deleveraging ?

http://www.zerohedge.com/news/2015-02-23/biggest-problem-facing-world-today-9-countries-have-debt-gdp-over-300

Will The Fed Hike Rates in 6 Months?

Will The Fed Hike Rates in 6 Months?

Even if we see some gradual increases in energy prices (which may take some time), inflation measures may remain significantly below the Fed’s target for a while. So what could prompt the Fed to act in the next few months? Some argue it will be wage pressures.
While we’ve had a number of forward looking indicators pointing to higher wage growth ahead, we haven’t seen that trend in the official figures thus far. Americans are certainly working longer hours, but the pay per hour continues to grow at 2% per year. That in no way constitutes wage pressures – at least not yet

http://www.econmatters.com/2015/02/will-fed-hike-rates-in-6-months.html

The banking (R)evolution: a regulatory and business model view

Originally posted on mirco balatti:

return on common equity Chart of the profitability — return on common equity — of the six big usual-suspect U.S. banks (JPMorgan, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, Morgan Stanley) for the last dozen years

Capital Rules Aren’t the Only Reason Banking Is Boring… Loosely speaking, the fall in return on assets — just profitability of actual business — accounts for about two-thirds of the drop in overall profitability; the increase in capital accounts for about one-third. The changes to the business of banking do seem to be more significant than the changes to its funding model, and just doing the same basic stuff with a lot more capital probably isn’t the future of banking.

www.bloombergview.com

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Don’t make goals, make habits. Goals only make you feel like you’re not good enough yet.

Goals are for losers: Why you should be building habits and systems instead

When you’re working toward a goal, you are essentially saying, ‘I’m not good enough yet, but I will be when I reach my goal’

“When you focus on the practice instead of the performance, you can enjoy the present moment and improve at the same time.”

Perhaps my favorite reason for focusing on systems and habits over goals is that they give you control. I know from experience that when I set a goal I can’t control, like getting a particular job or improving sales for my business, I feel frustrated and disappointed when I don’t ‘complete’ that goal.

But aiming for a goal you don’t control doesn’t make any sense: you can’t achieve something that’s out of your hands.

What you can do is work hard on your job application, build your network, do more sales calls—habits and systems are controllable, repeatable actions that will lead to improvements over time.

http://thenextweb.com/lifehacks/2015/02/22/goals-losers-building-habits-systems-instead/

shutterstock 106892909 730x276 Goals are for losers: Why you should be building habits and systems instead