Officials said the appropriate path for the FED`s funds rate over the next few years would likely be slightly steeper than they had previously expected

The Interest Rate are increasing while the outlook for the economy are getting stronger and the inflation is expected to follow the rate in the coming months. The FED, meeting for the first time under Chairman Jerome Powell, raised the funds rate to 1,5 – 1,75 percent during its March meeting.

FOMC holds eight regularly scheduled meetings during the year and other meetings as needed. Their next meeting is May 1 – 2, 2018, and GDP, Interest Rate and Inflation is on the table. The economic outlook is improving and the FED officials has recently projected a steeper path of hikes next year and 2020.

The FEDs funds rate was extremely volatile when Ronald Reagan entered the White House in 1981. In the early 80s the rate peaked at 20 percent and plummeted to about 10 percent and then back to nearly 20 percent again. That`s what I call action.

During the period of Ronald Reagan, the rate went from 20 percent and down to 10 percent in 1989, when Ronald Reagan said welcome to the next president; George Bush. He succeeded to push down the rate even more, but it hit a record low of 0,25 percent in 2008. That time is for now over.

The increase in March was the sixth rise since the central bank began a tightening cycle back in December 2015. As the economy has strengthened, the FED has upped the pace of hikes.

After the FOMC meeting in March, officials said the economy looks good and that the inflation is expected to move up. Almost all of the officials agreed that a gradual tightening remains appropriate.

The FED also said that the prospect of retaliatory trade actions by other countries as well as other issues and uncertainties associated with trade policies as downside risks for the economy.

Some people are concerned among their business contracts about the possible ramifications of the recent imposition of tariffs on imported steel and aluminium. They didn`t see the steel and aluminium tariffs, by themselves, to have significant effect on the national economic outlook.

Contracts in the agricultural sector reported feeling particularly vulnerable to retaliation.

The stance of monetary policy will remain accommodative, supporting strong labor market conditions and a sustained return to 2 percent inflation.

Some of the participants in the March meeting said that the stronger outlook for economic activity, along with their increased confidence that inflation would return to 2 percent, implied that the appropriate path for the FED`s funds rate over the next few years would likely be slightly steeper than they had previously expected.

It is expected to see the rate unchanged after the meeting on Wednesday, but another hike is imminent at the following one in mid June.

The next FOMC meeting took place on Tuesday this week and will end on Wednesday with any changes to monetary policy announced immediately after the meeting.

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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More than 50% of Apple`s revenue comes from the iPhone sale and Service is a growth sector

More than 50% of Apples revenue comes from the iPhone sale, but for how long will that last? Its dangerous for a company like Apple to think it will last for the next hundred years, and that`s probably why CEO Tim Cook have targeted service as a growth sector.

Iphone is still a very important product for Apple and therefore it will be much talked about, but other products are also good and should be one the plan. Service revenue from iCloud, the App Store and Apple Music can all grow in the future.

We know the evolution of the mobile phone industry. The Swedish company Ericsson was hot during the 90s, before Finlands Nokia took over the throne, but it didn`t last forever. As you may know, Apple launched iPhone and have since then been the king of Smartphones.

Smartphones won`t last forever, and once those phones are “out”, Apple must be prepared and think fast. The way we use our phone as we know it today will change.

Apple`s market cap is $848,35 Billion and so far it has been a great ride for the last ten years. Their multi-hundred billion cash stockpile gives them a great opportunity to spend money on M&A, but also R&D.

Morgan Stanley thinks the company could increase the capital return program by $150 Billion. Earlier this year, Apple said it expects to pay $38 Billion taxes on what it plans to repatriate, implying it will bring back nearly all of its $250 Billion in overseas profits.

The Street are concerned about the iPhone X sale and total revenue based on higher selling prices. Service are growing about 20% YoY, but the revenue from iPhone X can be worse than investors like to think.

The newest generation of iPhones is not as good as the iPhone 7 has a year earlier. Maybe it is because of a stiff price or maybe consumers go for a cheaper phone?

Shares of Apple are flirting with 200 MA and after a jump of nearly 2 percent on Monday it will be interesting to see if the results on Tuesday will send the stock in the bullish territory or down again.

Apple Inc is expected to report earnings on 1 May 2018, after market close, and the report will be for the fiscal Quarter ending March 2018. Earnings for the quarter is $2,69 which is better than last years $2,1.

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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Peace in North Korea may earn president Donald Trump the Nobel Peace Prize

President Donald Trump deserve Nobel Peace Prize, and that is hard for Trump haters to talk about. One of the things Obama said to Mr Trump at the White House is that the North Korea case was the most difficult case.

North Korean leader Kim Jong-un and the South Korean president Moon Jae-in, issued a joint statement that was short on detail but offered cause for optimism as the world looks ahead to a summit between Kim Jong-un and Donald Trump.

Now, Mr Trump said that the War will come to an end, and Trump should get a lot of credit for that. He seized on the signing of a peace agreement to say the American people should be proud. President Donald Trump is not only making America Great Again, but also The World.

 

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Porsche will celebrate the 70th anniversary of its first sports car in June 8, 2018

Porsche is a nice and sporty car and the brand will celebrate the 70th anniversary of its first sports car in 2018. From June 8 – 10, 2018, it`s finally time; Porsche is celebrating its 70th birthday with its first international Sportscar Together Day.

The day will be celebrated with a number of Porsche events around the globe and with sports car drivers, enthusiasts and fans worldwide. Those who are interested can follow the shows and activities at first hand via live stream on Facebook.

Porsche AG is a German automobile manufacturer specializing in high-performance sports cars, SUV`s and sedans. Porsche AG is headquartered in Stuttgart and the brand is owned by Volkswagen AG, which is itself majority-owned by Porsche automobile Holding SE.

I really like Tesla because of its battery capacity and it seems like European automotive has been sleeping when it comes to electric vehicles. They cant fully compete with Teslas capasity right now, so in the meantime they are launching hybrids.

Just look at Teslas Model X and compare it with Porsches Cayenne. Teslas sales and production goes straight up while Cayennes production and sales is declining. Cayenne sales dropped sharply in 2014.

82,000 were produced in 2013 while the number last year dropped to 59,000.

Porsches Panamera sale was up 73% to over 19,000 vehicles. Since April last year, Porsches stock chart has gone straight up.

European automotive has no choice. They must come up with a better battery solution. Hybrid is not the solution in the long run and Tesla will still be a leader with its solution. Nor is a new emission-cheating scandal the future.

A senior executive at Porsche was taken into custody by German police in a raid related to Volkswagen`s emissions scandal, but Porsche denies any wrongdoing at the company in relation to the emissions cheating allegations.

If Porsche will challenge Tesla it must be with their new crossover concept variant called the Mission E Cross Turismo. A concept revealed at the Geneva Motor Show, but it is just a concept model while Tesla`s Model X are already being made.

The Cross Turismo has a range in excess of 310 miles per charge and has been tested out at a 0-60 mph time of less than 3,5 seconds. Porsche said the new vehicle can be charged at a rate of 250 miles driving range per 15 minutes.

Porsches1Q Europe sales rose 8% to 20,601. Their Q1 China sales is up 3% to 18,672. Q1 sales in the U.S rose 10% to 16,698. All in all, the sale is up 6%. Porsches growth is driven by German, U.S and the European market.

Porsche`s Panamera and 911 saw most successful Q1 in company history.

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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20 years since the Swedish DJ, Remixer, Producer and Songwriter Denniz Pop past away

Sweden is one of the biggest music exporter, and Denniz Pop is the main reason for that. Denniz Pop made hit after hit after hit, but suddenly it all stopped in 1998. Tragically he left us all very early in August 30, 1998 after less than a year of struggle against his stomach cancer.

Denniz Pop`s real name is Dag Krister Volle and his nickname was Dagge. He was born on 26 April 1963 to the Norwegian immigrants Jarl Gregar Volle and Anna Volle (neè Innsto).

 

(This is how one of the first SweMix record labels looked like in the 80`s. I have many of them in my own record collection. Good memories)

 

Much people around the world doesnt know who Denniz Pop is. They have never heard of him, but thats how he liked it. He didn`t want to stand in the spotlight, and very few in Main Stream Media wrote about him.

He started his career as a DJ in the early 80s in Stockholm and he quickly became one of the most well-known DJs in the Stockholm dance scene, and he was a great inspiration to many new DJ`s and to some he was probably THE reason they wanted to become a DJ.

People wanted to do all these great things that Denniz Pop was doing, Another famous Swedish DJ was Robert Watz, who is one half of the successful RobnRaz. He said Denniz Pop was the inspiration and the best disc jockey in Sweden!

In 1985, Denniz Pop and Robert Watz came up with the idea of creating a remix service like DMC (Disco Mix Club), and a year later they started SweMix which was founded by Denniz Pop, Renè Hedemyr (Remixer of Roxette), Stonebridge (the man behind Robin S and Show me love), Emil Hellman (Army of Lovers), Rob Below and JJ.

Denniz Pop fast became one of Swedens most wanted remixers. He always had this ear for how things should sound to be perfect and in his remixes he could put in a small sample of another record. As a former DJ I can remember his remix of Michael Jacksons Billy Jean, which he used time stretching.

In 1989 SweMix started to sign own artists and the company was divided into SweMix Records & Publishing and SweMix Productions. Dr Alban was one of the first artist to be signed and his debut single «Hello Africa» became a worldwide hit.

Dr Alban and Denniz Pop became famous all over the world and there is no doubt that it is because of Denniz Pop. He knew how it should sound like. Now, they started to earn a lot of money. About 50% of the income went to SweMix and the rest of the crew who were just sitting there drinking coffee. That wasn`t fair.

Denniz Pop didnt like that, so in 1992, SweMix splits up when Denniz Pop and Tom Talomaa startes their own record label called Cheiron. This is were things really starts to be big. Really big. Denniz Pop produced Dr Albans second album called «It`s my life».

The song «It`s my life» became a MegaHit. So was it for “No Coke”, “One love” and “Sing Hallelujah”, and Denniz Pop became a big name in the business and got lots of offers to produce and write music for other artists. A year later he produced Ace of Base and made the song «All that she wants».

It doesnt stop here. A year later he produced hits after hits for E-Type and Leila K. Later on, he made MegaHits for Backstreet Boys. He made a hit for Robyn, Papa Dee, Army of Lovers, Rednex, Real McCoy and Michael Jackosons nephews 3T album, while he also worked with Michael Jackson in the studio.

In 1998 he receives his first Grammy award (Swedish Music Industry Award). He got the jury`s special Honor Award, for all his great work and successes which placed Swedish Dance Music on the world map and have made Sweden the Third largest music exporting country in the world, after U.S and U.K.

Denniz Pop was too ill to receive the award in person because of his cancer, but everyone agrees to the fact that he was worth it, and people said;

«Denniz Pop was THE reason that the Swedish Dance Music became such a big export.»

Denniz Pop got the information in December 1997 that he had cancer and he was operated just weeks later. He was quite well until July 1998 when he very fast got worse and sadly past away on Sunday August 30, 1998. Thats excatly one year after Princess Dianas death.

It’s nice to hear how Max Martin keeps Denniz Pops memory and their special sound alive in worldwide hits. He made Britney Spears «Baby one more time» and during the 1999 MTV European Music Awards, Britney dedicated that award to the loving memories of Denniz Pop.

Britney Spears also had the following dedication to Denniz Pop in her album called «Baby one more time»;

To Denniz Pop; Your memory lives on in the beautiful music you wrote for me. Thank you.»

In 2016, Denniz Pop was honored and elected into the Swedish Music Hall of Fame. The Jury motivated the election;

«Denniz Pop; Sweden has during the past 25 years positioned itself as the world`s leadin country for pop music along with the US and Britain. A large part of this development can be traced to one single person; Dag «Denniz Pop» Volle (1963-1998) from Botkyrka Municipality. Denniz Pop was a record store clerk and disc jockey who transferred his youths intensive music listening (what makes certain songs catch?) and dance floor studies in the field (what makes people dance?) to, without playing any instrument, start creating his own music with the help of initially record players and then computers.

Denniz Pop created a new way to make music. A non-hierarchical teamwork with different specialists called in. An operation method that changed and shaped today`s international pop music. One of Dennis Pop proteges, Martin «Max Martin» Sandberg, became the most successful pop-maker in the world since Paul McCartney and John Lennon. Everywhere on the radio today, echoes are heard of Denniz Pop.»

It is also nice to see that in 2013, Denniz Pop Awards was founded and it`s run by former Cheiron members, co-workers, friends and family with the goal of helping new songwriters, producers and artists continue the legacy Denniz Pop once started.

Every year the Award is given to aspiring talents in the music industry. Notable winners include Swedish House Mafia and Avicii.

Avicii is another young Swedish DJ and producer who passed away on Friday last week. Denniz Pop was 35 and Avicii was only 28 years old. Two great DJ`s. Two great producers. Both from Stockholm. Both had big success, and both of them got stomach problems that stopped their work.

I will write more about Avicii (Tim Bergling) later on.

On August 30, 2018, it is 20 year since Denniz Pop past away. I really hope former SweMix and Cheiron members along with others in the Swedish Music Industry can find a moment this year to honor Denniz Pop.

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