Showing posts with label Risk Management. Show all posts
Showing posts with label Risk Management. Show all posts

Saturday, February 12, 2011

New York Stock Exchange Gone?

Merger Could Take NYSE Out of American Control | NBC New York

 A German company is in high-level talks to acquire the New York Stock Exchange, Wall Street's most recognizable institution. According to reports published in both the German and American financial press, Deutsche Borse, a Frankfurt-based stock exchange is seeking to take a 60 percent ownership interest in the NYSE. The merger would create the world's largest financial exchange.

News of the deal sent both NYSE and Deutsche Borse stock soaring Thursday.

If US and European regulators sign off on the plan, the new parent company would have dual headquarters in Germany and America. The merger is not expected to result in major layoffs in New York. However, the ranks of face-to-face stock traders have already thinned considerably on Wall Street in recent years.

"Stock trading is a commodity business. There's just no money in it anymore," said Greg David, director of Business & Economics Reporting at the CUNY Graduate School of Journalism.


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Friday, November 12, 2010

Pat Buchanan : Personal Finance : The Fed Trashes the Dollar - Townhall.com

Pat Buchanan : Personal Finance : The Fed Trashes the Dollar - Townhall.com:

"If it is the first responsibility of the Federal Reserve to protect the dollars that Americans earn and save, is it not dereliction of duty for the Fed to pursue a policy to bleed value from those dollars? For that is what Chairman Ben Bernanke is up to with his QE2, or 'quantitative easing.'

Translation: The Fed is committed to buy $600 billion in bonds from banks and pay for them by printing money that will then be deposited in those banks. The more dollars that flood into the economy, the less every one of them is worth.

Bernanke is not just risking inflation. He is inducing inflation.

He is reducing the value of the dollar to make U.S. exports more competitive and imports more expensive, so that we will consume fewer imports. He is trying to eliminate the U.S. trade deficit by treating the once universally respected dollar like the peso of a banana republic.

Sarah Palin has nailed cold what Bernanke is about:

'We shouldn't be playing around with inflation. It's not for nothing Reagan called it 'as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.'

'The Fed's pump-priming addiction has got our small businesses running scared and our allies worried. The German finance minister called the Fed's proposals 'clueless.' When Germany, a country that knows a thing or two about the dangers of inflation, warns us to think again, maybe it's time for Chairman Bernanke to cease and desist.

'We don't want temporary, artificial economic growth bought at the expense of permanently higher inflation which will erode the value of our incomes and our savings.'

Egging Ben on is the Nobel-prize winning New York Times columnist Paul Krugman. Fed policy is too timid, says Krugman.

When Bernanke said we are not 'going to try to raise inflation to a super-normal level,' he blew it, says Krugman, and 'there goes the best chance the Fed's plan might actually work.'

What the Fed should do, he says, is change expectations 'by leading people to believe that we will have somewhat above-normal inflation ... which would reduce the incentive to sit on cash.'

But 'sit on cash' is a definition of saving. Is saving bad? Once, Americans were taught that saving was a good thing.

Not to Krugman. He wants to panic the public into believing the money they have put into savings accounts and CDs will be rapidly eaten up by Fed-created inflation, so they will run out and spend that money now to get the economy moving again.

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Life, Liberty, & the Pursuit of Happiness

Friday, October 08, 2010

Government Licensing Internet News Report

Government Licensing Internet News Report: "New offer from Microsoft executives would open the door for state licenses to access the Internet, authorities have the power to block individual computers connecting to the world wide web under the pretext of preventing malicious attacks.

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Life, Liberty, & the Pursuit of Happiness

Friday, September 10, 2010

Credit card use plunges as hard times drag on, debit use rises - USATODAY.com

Credit card use plunges as hard times drag on, debit use rises - USATODAY.com: "Enlarge image Enlarge By Elaine Thompson, AP
As credit card usage declines, debit card purchases are on the rise.

THE CREDIT TRAP
Part 1: How rising home values, easy credit put your finances at risk
Part 2: Why banks are boosting credit card interest rates and fees
Part 3: Credit cards' soaring rates bite consumers
Part 4: Sliding economy raises questions about credit scores
Part 5 : Checking accounts are targets as banks find ways to boost fees
Part 6: Banks' 'courtesy' loans at soaring rates irk consumers
More


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Americans have sharply reduced their use of credit cards, and some analysts believe the trend will continue even after the economy has fully recovered.

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Life, Liberty, & the Pursuit of Happiness

Tuesday, August 24, 2010

jimmy rogers is right! teach your children mandarin damien hoffman says: Tech Ticker, Yahoo! Finance

jimmy rogers is right! teach your children mandarin damien hoffman says: Tech Ticker, Yahoo! Finance: "Hoffman worries a disappearing middle class and a compromised currency 'doesn't bode well' for living standards in America. He warns that unless we fundamentally fix our economic imbalances it'll be wise to teach our children Mandarin -- one of the prime reasons famed investor Jimmy Rogers says he moved his family to Singapore more-than three years ago.

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Tuesday, December 22, 2009

Taking Calculated Risks

The Risks of Business

Operating a business is really a risky proposition. It requires a constant and arduous effort to understand an environment that is constantly changing and evolving, try to make a prediction of the future, and then to commit funds on a strategy that will hopefully be profitable.

The ingredients within the business environment are made up of competitors, consumers, customers, the government, and politics; each ingredient is working with its own predictions and assessments about the future. The future is unpredictable but the more you know about the environment today the better prepared you are to take risks. Market Research takes snapshops of the business environment ingredients through a number of methodologies to isolate and clarify the most important data to then develop a strategy to sell products and services in the marketplace.

Investments in equipment and materials are made, costs are incurred, contracts are signed, and then people are employed to undertake a task that may or may not be foolhardly depending on the amount of research and management training of the owner. If the business does not provide the customer what they want and/or the promotion is ineffective because of a poor marketing strategy or tactics or promotion is too expensive, or a terrible location is chosen the business will fail.

Advertising is effective when the message is remembered. Repetition and consistency of a message is at the very heart of the success of any advertising campgaign. Text and graphics should work together to foster an image of a product or service to create a brand awareness for the company.

The risk of prognostication in any business becomes more difficult when you try to ascertain if your current position in the marketplace is a function of your business plan your marketing plan or the national and/or local economy.

Public Relations is a tool to get the facts out about your company and your product and services and to get some credibility and public awareness.

marketing is more the tool used to analyze the four P's: Product, Price, Place, Promotion.
What is the mission of your business?

Questions

Who?
What?
When?
Where?
Why?
How?