President Donald Trump is nearing a decision on whom to pick to lead the Federal Reserve

Fed Chair Janet Yellen`s job is coming to an end. She took over the job from Ben Bernanke who started to «print» money. Four years is over and President Donald Trump have a few but strong candidates on his table.

President Donald Trump had a meeting with Standford University economist John Taylor and according to a White House official, Mr Trump is nearing a decision on whom to pick to lead the Federal Reserve.

 

 

John Taylor is one of the candidates and Janet Yellen is the other one. Other candidates are Fed governor Kevin Warsh who is on Trumps shortlist. Current governor Jerome Powell and Trumps economic adviser Gary Cohn is also on the list.

Mr Trump has scheduled a meeting with Federal Reserve Chairwoman Janet Yellen on Thursday.

Ms Yellen`s four-year term as chairwoman expires on February next year and Mr Trump will meet her to discuss the possibility of nominating her for a second term as central-bank chief. Mr Trump is considering offering Yellen the chance to stay in the job, but will announce his nominee before leaving for a trip to Asia next month on November 3.

John Taylor said he agree with the Fed`s strategy to remove economic stimulus, and the Fed policy rate is now set at 1 percent to 1,25 percent. What the right thing to do about the rate is a matter of debate among economists, also among Taylor and his camp.

John Taylor is a Ph.D economist with a strong expertise in monetary policy and institutional leadership which is key attributes for the Fed Chair, and this is probably why Taylor is one of the biggest favorite for Mr Trump.

Donald Trump is planning to cut the taxes and monetary policy is therefore critical and important.

Former Fed Chair Ben Bernanke started the QE program after the financial crisis in 2008, and Fed governor Warsh was against further monetary stimulus in 2010 with unemployment above 9 percent and inflation decelerating.

Ben Bernanke is an expert on the stock market crash in 1929, and called Warch`s political and markets savvy «invaluable,» according to Bloomberg.

Central banks are often independent from other policy makers. This is the case with the Federal Reserve and Congress, reflecting the separation of monetary policy from fiscal policy and the latter refers to taxes and government borrowing and spending.

The Federal Reserve has what is commonly referred to as a «dual mandate»:

  • to achieve maximum employment (around 5 percent unemployment), and
  • stable prices (2-3 percent inflation).

In addition, it aims to keep long-term interest rates relatively low, and since 2009 has served as a bank regulator. Its core role is to be the lender of last resort, providing banks with liquidity in order to prevent the bank failure and panics.

The central bank of the United States is the Federal Reserve System, which Congress established with the 1913 Federal Reserve Act.

Central banks are inherently non-market-based or even anticompetitive institutions. Many central banks, including the Fed, are not government agencies, and so are often touted as being politically independent.

Monetary policy consists of the actions of a central bank, currency board or other regulatory committee that determine the size and rate of growth of the money supply, which in turn affects interest rates.

There are two types of monetary policy; expansionary and contractionary.

Expansionary monetary policy increases the money supply in order to lower unemployment, boost private-sector borrowing and consumer spending, and stimulate economic growth.

Contractionary monetary policy slows the rate of growth in the money supply or outright decreases the money supply in order to control inflation, while sometimes necessary, contractionary monetary policy can slow economic growth, increase unemployment and depress borrowing and spending by consumers and businesses.

An example would be the Fedral Reserves intervention in the early 1980s: in order to curb inflation of nearly 15 percent , the Fed raised its benchmark interest rate to 20 percent.

This hike resulted in a recession, but did keep spiraling inflation in check.

Mr Trump is planning to cut taxes and build more and better highways, and this is fiscal policy, which is trying to control inflation, stabilize business cycles and to improve unemployment rate. Sooner or later, we all know that the recession will come.

The tools will then be fiscal policy and the government will start to lower tax rates to try to fuel economic growth. If people are paying less in taxes, they have more money to spend or invest, and increased consumer spending or investment could improve economic growth.

On the other side; too much spending could increase inflation.

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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The total value of publicly-traded securities that have switched from NYSE to Nasdaq is more than $1 trillion

Nasdaq is an American stock exchange and it is the second-largest exchange in the world by market capitalization, behind the New York Stock Exchange (NYSE). Nasdaq was founded in 1971 and when the Nasdaq Stock Market began trading, it was the world`s first electronic stock market.

NYSE, also nicknamed «The Big Board», is the world`s largest stock exchange by market capitalization of its listed companies at US $21,3 trillion as of June 2017. NYSE was founded 225 years ago, but they are losing to Nasdaq.

 

 

Don`t forget that both Nasdaq and NYSE are helping great companies do great things. They help companies raise capital that raises the world.

Many companies are switching from NYSE to Nasdaq, and more than 300 firms have jumped from NYSE to Nasdaq since 2005, which means that the total value of publicly-traded securities that have switched is more than $1 trillion.

Nasdaq is the home to the largest tech and biotech companies from Apple to Gilead Sciences. NYSE is the home for companies like Ford and Exxon but they also have some tech companies like Snap.

A company is listed on the stock exchange because of their need for money and hopefully growth, but a company will not be more valuable on Nasdaq vice vers NYSE for instance. So, why are they changing the stock exchange?

It can be many reasons. Kraft Foods had a cost-cutting reason. The tech-oriented roster at Nasdaq was the main draw for T-Mobile.

The increase in Nasdaq listings transfers including T-Mobile, CSX, Kraft Heinz, Marriott and many others is a signal of the growing momentum of publicly-traded sector leaders to the market.

Companies are also switching from Nasdaq to NYSE. More than $1 trillion in market cap is transferred from Nasdaq to NYSE since year 2000.

The tech-company Blackberry Ltd will transfer from Nasdaq to NYSE on October 16 this year. Marriott International Inc is the largest publicly traded hotel chain in the U.S, and they are moving to Nasdaq Stock market from the NYSE.

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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To find a perfect watch is top style priority for many persons on this planet

Just tell me what watch you are wearing and I can tell you who you are. Watches reflects a persons style. It represent more than just utility and it tells a lot of a persons taste. It tells us a lot about character and individual branding.

To find a perfect watch is top style priority for many persons on this planet. You can buy a cheap watch at eBay, but an understanding of the top luxury brands will guide your own tastes in watches and direct you to some worthwhile styles.

A greater understanding of luxury watches will inform your own aesthetic. What you should know for stylish models is the brand David Beckham is ambassador for. A watch that is a hit among young watch buyers.

Tudor and Mr Beckham introduced the brands new Heritage Black Bay S&G divers watch rendered in stainless steel and gold. Two-tone timepieces are a big hit, and it have a rich history in watchmaking.

Rolex has been combining the metal of kings with sporty steel since the 1930`s. In the vintage market, younger watch consumers go for two-tone because it represents a greater value. There are some precious gold in it, but classics like the Audemars Piguet Royal Oak often sell for a third of the price of the steel versions.

Audemars Piguet (French pronunciation) is one of the world`s oldest watch manufacturers. The company is founded in 1875 by Jules-Louis Audemars and Edward-Auguste Piguet. Today, the company have 1450 employees with a revenue of 900 million CHF (2016).

The company is still owned by its founding families and the brand is considered to be one of the best manufacturers of luxury watches and said to be a part of the «Holy Trinity of Watches» along with Patek Philippe and Vacheron.

Audemars Piguet produces 36,000 of their prestigious timepieces a year. They are also noted for creating the first steel luxury sports watch. This was dubbed the Royal Oak in 1972. In 1993, the brand created the first oversized watch named the Royal Oak Offshore.

The price of the Royal Oak Offshore is around $28,000 but you can get a special edition if you want. That one will cost around $74,000. By the way, if you buy one of them, or both, they will give you free shipping.

This is stylish models and styles worth their weight in gold.

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Ferrari is delighted to announce a second world premiere in the year of its 70th Anniversary celebrations

The Frankfurt Motor Show 2017 started on Tuesday which is the biggest event of its type in the world. Many European car makers have the chance to introduce their new vehicles and strategies and it is also a big chance for brands from all around the world to introduce their new models.

Ferrari is delighted to announce a second world premiere in the year of its 70th Anniversary celebrations. The Ferrari Portfolio is the new V8 GT set to dominate its segment thanks to a perfect combination of shortness, elegance and on-board comfort.

 

Powered by the Ferrari V8 turbo, a member of the engine family that won the overall international Engine of the Year Award in both 2016 and 2017, the new car punches out 600 cv and sprints from 0-200 km/h in just 10,8 seconds.

The Ferrari Portfolio is, in fact the most powerful convertible to simultaneously offer a retractable hard top, roomy boot and generous occupant space that also includes two rear seats for short trips.

The new car takes its name from one of the most charming towns on the Ligurian Riviera, Portofino, which has, over the years, has become an international icon of elegance and exclusivity.

Delivery start is Summer 2018.

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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Google will launch its brand new phone Pixel 2 within a few weeks

It is a big day for Tim Cook and Apple today. The most expensive iPhone you`ve ever bought will be launched and that is happening ten years after its first release of their iPhone. That was then in 2007, but now it is 2017 and iPhone 8.

But Apple wont be long in heaven before I introduce another new phone on the market. Googles new release of their new phone called Google Pixel 2. Google Pixel and Pixel XL were both launched in October last year, so Pixel 2 will be launched next month, October 2017.

 

 

It isnt the most innovative product I have seen so far, but what I have seen is only leaked cases. The Pixel line is new and its building on the new defunct Nexus range. Apples new phone will be expensive, but you shouldnt expect Pixel 2 to be any cheaper than the old one.

The old one from Google started at about $650, so it was already expensive.

Rumors tells us that the new Google phone will be a curved screen with a 5,6 inch 18:9 display and a 2,560 x 1,312 resolution. With its use of AMOLED it will be very similar to Samsung Galaxy S8. Further more, it is rumored it will be a Snapdragon 835 chipset for all three Pixel 2 handsets.

The competition in the phone market increase and search giant not only face big competition from Apple but also from Xiaomi and Huawei. The last one remains Chinas top smart phone brand and Xiaomis sales are still climbing.

Xiaomi shipped 15 million phones during the quarter to rank fourth in China. That`s a 60% rise from Q1 2017. Huawei shipped 23 million ahead of brother-sister companies Oppo (21 million) and Vivo (16 million). Apple completed the top 5, having been leapfrogged by Xiaomi.

Xiaomi is the opposite of Apple with its price-conscious consumers. CEO Lei Jun hailed Xiaomi`s resurgence this year, calling it this most recent quarter «a major inflection point in our growth.»

«After two years of internal recalibration Xiaomi is once again embarking on a rapid growth trajectory,» Lei Jun told the press. He added that the company is aiming to reach 100 million phone sales in 2018.

Competition from Oppo, Vivo, Xiaomi and Huawei are placing them all in the price-conscious to mid-range devices category. They are more likely to succeed in Asia than Google and Apple in the West.

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

 

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High quality Polo shirt with Shinybull logo. This version is made from breathable 100% cotton. Short sleeves and ribbed armbands.

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High quality Polo shirt with Shinybull logo. This version is made from breathable 100% cotton. Short sleeves and ribbed armbands.

$125.00

 

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