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billehrman · 4 years ago

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The Art of the Deal

Despite a successful earnings season where 85% of the company's reporting are beating on both the top and bottom lines, we have to deal instead with the Democrat's tax proposals to finance their multi-trillion-dollar infrastructure and social programs. At face value, these programs would hurt growth and investment if passed as proposed.

Don't assume that these proposals will become law. We expect this to be where negotiations start. The eventual tax plan will be far less demanding, just as we assumed that their proposed 28/29% corporate tax rate would eventually end up around 25% to remain globally competitive. We need strong financial markets to fund our economy, and any move to the contrary runs counter to the long-term needs of our country and the return to pre-pandemic levels creating nine to ten million more jobs. We would take advantage of any weakness in the market to add exposure, especially with those companies leveraged to the economy. We see strong growth ahead with much higher earnings than currently forecasted, supported by favorable liquidity trends as all monetary authorities are all in.

News on the coronavirus continues to be mixed as 966 million doses have been administered worldwide, exceeding 16.4 million doses per day. In the U.S, we have administered over 219 million doses averaging close to 3 million per day. India is suffering most, with over 16 million afflicted with the virus, and it is growing by over 300,000 per day. Fortunately, supply is increasing rapidly such that everyone here can get vaccinated by the summer and globally by the end of the year. J&J has resumed shipments in the Eurozone after regulators said that the benefits of the shot outweighed the risks of blood clots which occurred in only nine people out of millions given the vaccine. It appears likely that we will need annual shots, much like yearly flu vaccines. Pfizer and Moderna will be the beneficiaries of annual shots.

All heads of monetary authorities, the Bank of England, BOJ, ECB, and the Fed continue to deliver the same message: monetary policy will remain overly accommodative for several more years, recognizing that inflation could temporarily increase due to shortages, supply lines issues, and the lack of capital spending in 2020 due to the pandemic. In a recent letter to Senator Rick Scott, Powell said that he does not see inflation above 2% for a prolonged period and that the Fed is committed to their dual mandates of maximum employment and stable prices. Christine Lagarde, head of the ECB, said Thursday that the Euro block was still on “crutches” and in need of support from both the central bank and government spending. Sounds familiar? Bond spreads are at historic lows, indicating little financial risk in the system, which certainly is good news. If liquidity drives markets, all monetary authorities have our backs which is good for all financial assets.

Biden's two(?) infrastructure bills and how they would be funded went front and center last week after it leaked that his administration considered doubling the capital gains rate for those earning $1 million or more, to 39.6%. They also propose to keep the 3.8% tax on investment income, bringing the effective rate near 44%. We doubt that will happen, just like we remain convinced that the corporate rate won't go much over 25%. We need to encourage investment in the U.S, and any policy to the contrary would have the opposite effect than intended. What's more, the very wealthy would find a way to avoid the tax such that the government would not come close to raising funds intended to offset the added spending. We still support lengthening the years before there is preferential tax treatment of capital gains which would reinforce investing in America rather than trading.

The Republicans introduced their infrastructure bill totaling $568 billion focused on traditional infrastructure. We still expect an infrastructure bill closer to $1.5 trillion will pass this year, excluding the social spending, funded with higher corporate and "wealthy" income tax increases, user fees, and project bonding. Don't forget that there are elections next year which will impact the voting on these bills and the Dems are at risk of overstepping their liberal agenda.

Economic data both here and abroad continue to be excellent when you consider that we are still in the pandemic. Specifically, U.S jobless claims fell to 547,000, a pandemic low; Conference Board Leading Indicators increased to 111.6 in March, Coincident Indicators increased to 104.0 while lagging Indicators fell to 105.1; the U.S Manufacturing PMI rose to 60.6, a series high; the Output Index rose to 57.2, multi-month high; the Services Index increased to 63.1, again a series high; and new home sales rose 20.7% to an annualized rate of 1,021,000 with only a 3.6 month supply, a record low. Overseas, the data is impressive too, with Germany's PMI at 66.4; and the Eurozone April Manufacturers PMI at 66.3, a one-year high. China's exports are accelerating big time, and we are confident that China's growth in 2021 will exceed 8%, well above their projections.

We listened to at least a dozen earnings calls last week, which all supported our view that we are moving to record high operating margins, earnings, cash flow, and ROIC. Also, it is evident that inventories are woefully low, and it will take at least one year to rebuild to normal levels. Managements are doing an outstanding job which we believe will lead to higher valuations down the road as investors see the cards turning over with many better-than-expected results.

Investment Conclusions

It is essential to stay focused on your core beliefs and understand the implications of each data point as they occur. There is so much noise in the marketplace that it can sometimes be challenging to separate the wheat from the chaff. We remain focused on the virus, monetary and fiscal policy, current data reports, liquidity trends, and company results.

We are getting our arms around the virus as vaccinations increase; monetary and fiscal policies will remain accommodative everywhere; economies are recovering earlier and faster than anticipated; liquidity trends have never been more positive, and companies are beating their forecasts with much better days ahead as the global recovery picks up steam.

Our investments remain focused on companies leveraged to the recovery who will also benefit from increased infrastructure spending. Areas of emphasis include global industrials/capital goods/machinery companies; technology at a fair price; industrial and agricultural commodities: transportation, financials, and special situations. We still anticipate a steepening yield curve, but it may happen slower than initially thought as demand for yield everywhere is so high. We would continue to avoid highfliers selling at inflated valuations.

The bottom line is to hold the line and stay invested in areas with the wind to their backs and watch the art of the deal as it unfolds in the weeks/months ahead.

Our investment webinar will be held on Monday, April 26th, at 8:30, am EST. You can join by entering https://zoom.us/j/9179217852 in your browser or calling +646 558 8656 and entering the password 9179217852.

Remember to review all the facts; pause, reflect, and consider mindset shifts; look at your asset mix with risk controls; turn off cable news; listen to as many earnings calls as possible; do independent research and …

Invest Accordingly!

Bill Ehrman

Paix et Prosperite LLC

[email protected]

917-951-4139

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wikimakemoney · 4 years ago

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Optimizing ecommerce & mobile for in-the-moment holiday shopping experiences

30-second summary:

Market conditions have shifted; they’re on a volatility roller coaster ride with an indeterminate amount of track of opportunity.

US ecommerce sales in July rose 55% year-over-year (YoY) reaching a record $66.3 billion.

73% of consumers who are shopping online more since the pandemic plan to continue doing so in future.

Ready or not, retailers need be planning new ways to deal with demand fluctuations across ecommerce categories now and plan for the holidays.

In the face of dramatic shifts in consumer behavior, social distancing recommendations, and no end in sight to the uncertainty and changes in consumer behavior caused by the coronavirus, retailers are finding ecommerce and the mobile shopping experience more important than ever before.

In fact, according to new data released from the Adobe Digital Index US ecommerce sales in July rose 55% year-over-year (YoY) reaching a record $66.3 billion.

Strategies and technologies in the early stages of implementation or still on the horizon have been rapidly deployed. Entire operating models are being re-evaluated.

Market conditions have shifted; they’re on a volatitiy roller coaster ride with an indeterminate amount of track. Retail costs, consumer spending, public health recommendations, and labor availability are all in flux.

As Daphne Howland, senior reporter for Retail Dive, wrote recently, “Shoppers will return. But they’re living through a pandemic that will change them, maybe forever.”

According to Software Advice 73% of consumers who are shopping online more since the pandemic plan to continue doing so in future.

As consumers preferences change at literally the blink on an eye, the pressure is on retailers to make shopping experiences as seamless and pain-free as possible.

Optimizing to online and mobile shoppers’ needs must be top of mind and central to any business shift being made as companies move forward.

How COVID changed ecommerce for in-the-moment consumers

Today, over 81% of Americans own smartphones and 49.8 million—close to a sixth of the country’s population—are mobile-only Internet users.

As the Coronavirus took hold and shutdown orders took effect across the US, consumers went online to find answers to their immediate needs. At the height of the lockdown, between March 23rd and 30th, ecommerce marketplaces saw a 14% increase in volume.

Ecommerce initially posed challenges, though. During a pandemic, supply chain interruptions are a very real concern.

On March 17th, Amazon notified sellers it would only accept shipments of household staples and medical supplies to its warehouses, a restriction that stayed in place until mid-April. And although the postal service is considered an essential service, its continued operation doesn’t prevent shipping delays.

Consumers began looking closer to home for their in-the-moment needs. After an initial wave of panic buying and stockpiling essential groceries, other needs became apparent.

How will we stay occupied at home? How will we incorporate workspace into existing living spaces when the kids are home from school, too? How will we stay active and healthy—both mentally and physically—when our regular activities and routines are unavailable? How will we get what we need while limiting contact with others as much as possible?

For example at BrightEdge we see similar results for retail and apparel research.

Beginning in March 2020, “mens suits” saw a drop in search, presumably because companies have slowed hiring, there is less reason to dress up for work, and weddings are being postponed making suits an unnecessary purchase.

On the other hand, March 2020 saw a huge jump in searches for “loungewear set” as more people sought comfort in their homes.

Shopping closer to home drove meteoric increases in (and indeed necessitated the provision of) alternative service models: buy online pickup in-store (BOPIS), contactless payment and delivery, ordering by phone, and curbside pickup.

Brands may need to rethink the entire ecommerce transaction start to finish—how will your brand deliver in case of future supply chain interruptions?

You can’t deliver an exceptional experience for an in-the-moment need with a few weeks’ delay in getting the product to your customer’s door.

Optimizing the mobile experience goes beyond the transaction

Optimizing the local consumer’s experience requires that each customer can easily order from a mobile-friendly interface—bonus points for personalization and other features customers had become accustomed to pre-COVID.

But moreover, retailers will need to account for consumers’ health concerns, hygiene practices, and the possibility of backsliding into stricter lockdown conditions as outbreaks dictate.

Yet even as the shopping environment has changed so dramatically and new behaviors are introduced, longstanding consumer behaviors remain.

Shopping for essential needs has become an exercise in patience; gone are the days of the leisurely stroll through the grocery store, smelling and feeling the produce for ripeness.

But people still have concerns about the freshness of their food. Shoppers still want to be able to identify a sale item and take advantage of a promotion. Customers still want to feel as though the brand knows their preferences and cares about the relationship.

Where stores used to rely on a smiling customer service clerk or in-store signage to convey that important information and relationship-strengthening interaction, it must now be part of the mobile shopping experience.

We still want shopping to be an enjoyable experience, whether it’s for essential groceries or luxury items to treat ourselves. At the very least, it shouldn’t be a chore.

Yet that’s exactly what shopping in-store has become for many as floors are marked with lanes and directional arrows, clothing store changerooms are shuttered, masks are mandatory in many areas, and the combination of limited store capacity and enhanced hygiene practices may result in lineups and wait times.

As consumers seek to avoid the less savory aspects of shopping during COVID, brands enabling exceptional mobile and online experiences are best positioned to win their business. Consider these optimization tips as you strategize going forward:

By 2021, mobile ecommerce sales are expected to account for 54% of total ecommerce sales. Enable mobile commerce—that is, the completion of monetary transactions using a mobile device—to facilitate contactless payment. This could mean offering in-app payment, launching an ecommerce offering, accepting Apple Pay/Android Pay, etc.

Review your supply chain through a critical lens, with an eye to reducing costs and facilitating last-mile delivery in case of lockdown. You may not need a massive showroom right now, but smaller warehouse operations that get you closer to your major markets may be beneficial.

Focus on UX and mobile speed above all else. Consumers have no patience for slow-loading pages and lagging mobile apps. Consider investing in progressive web app (PWA) technology to support your navigability, functionality, and site speed goals. A PWA will look and feel like a native app for customers regardless of the type of mobile device they use. Chinese marketplace Aliexpress, for example, saw 84% more conversions on iOS and attracted 104% more new users after switching from its mobile app to a PWA.

Offer BOPIS, curbside pickup, contactless delivery and other service delivery and payment methods. Banks that had drive-thru ATMs on the horizon may find that now is the time to prioritize it. Healthcare providers, spas and estheticians, and other service providers need to ensure that online appointment booking is available.

Remove friction from the returns and exchanges process. Make the policies clear and easy to locate on your mobile site or app.

Prepare now for every eventuality this holiday season. Dynamic pricing will help retailers respond in near real-time to competitor prices and seasonal trends—whatever the season may bring.

Get your AI strategy together for personalizing and automating the shopping experience. AI is set to drive nearly 45% of global revenue by 2030 through affordability gains, increased product variety, and hyper-personalization.

Ready or not, retailers need be planning new ways to deal with demand fluctuations across eCommerce categories now. Keeping a daily eye on trends whilst one on the future holiday season takes a lot of work.

Leverage market insights identify and act on opportunities in real-time will give winners the competitive advantage. That goes for traditional brick-and-mortar as much as ecommerce businesses—and every type of hybrid in between.

Jim Yu is the founder and CEO of BrightEdge, the leading enterprise SEO and content performance platform.

The post Optimizing ecommerce & mobile for in-the-moment holiday shopping experiences appeared first on ClickZ.

source http://wikimakemoney.com/2020/09/04/optimizing-ecommerce-mobile-for-in-the-moment-holiday-shopping-experiences/

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forextraderpost · 4 years ago

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The Predictive Power of Investor Sentiment

Be fearful when others are greedy and greedy when others are fearful. This classic Buffett quote has echoed through the ranks of investors for decades. But does the data support the methodology? Does investor sentiment, which for many investors is widely considered a contrarian indicator, have enough predictive power to warrant our time and attention? In today’s show, we’ll explore investor sentiment from all angles and help discover which readings, if any, give predictive power to future stock market returns or trends.

Warren Buffet famously said, “Be fearful when others are greedy and greedy when others are fearful.” But, does this contrarian indicator have enough predictive power to warrant our time and attention? Today, we explore investor sentiment from all angles and help discover which readings, if any, give predictive power to future stock market returns or trends.

Considering Unreliability when Consulting the Data on Investor Sentiment.

The best source of objective data on investor sentiment is the weekly AAII survey. They ask member investors about their expectations for the market each week.

While these surveys are ostensibly trustworthy, what investors say and do often don’t correlate. So, the data they gather has to be taken with a grain of salt.

The Methodology of the AAII Survey.

AAII researched sentiment behavior and subsequent market returns: Is the AAII Survey a Contrarian Indicator?

They looked at the instances where bullish or bearish sentiment was extreme and measured it in levels of standard deviations. For example, they asked whether bearish/bullish sentiment was one, two, or three standard deviations below its average. Then they calculated those extreme readings relative to the subsequent 26-week and 52-week performance in the S&P 500 to see if the sentiment was a contrarian indicator.

Metrics other than the S&P 500, such as bonds or gold, could have been used to make the study more exhaustive, but weren’t.

Takeaways from the AAII Survey.

High bullish sentiment is not a great contrarian indicator.

In the 44 periods where bullish sentiment was more than two standard deviations above average, they found that in the following six months, the S&P was only up 48% of the time, which is well within the standard range or error. Even with extreme levels of bullish sentiment, half of the time the market was up, and half of the time, it was down.

Low bullish sentiment works better as a contrarian signal.

Bullish sentiment has been below two standard deviations of its historical mean 16 times during the survey’s history. Low bullish sentiment led to an average six-month gain for the S&P was about 14%, which is a more interesting takeaway.

High bearish sentiment generally leads to market bottoms.

High bearish sentiment was followed by the S&P rising by a median of 5.6% during the following 26 weeks. High bearish sentiment led to rising stocks 66.3% of the time, according to this study. That is significant enough to say that super-high levels of pessimism generally leads to market bottoms. When people are overly fearful and let their emotions really get the best of them – terrible headlines, huge news stories, panic selling – it’s probably a good time to jump in and start nibbling!

When stocks and markets reverse, it doesn’t have to come from a peak in sentiment.

In the 2008 July 3rd – July 17th period, right before the market started to crash that summer, the bullish sentiment was unusually low (23%, 22%, 25%).

People are generally bullish until markets go down, then they’re bearish.

People don’t flip flop between bullish and bearish each month. If people are bullish and then the markets go up, they remain bullish until some outside force causes them to change their sentiment.

If people are really bearish on the market, we could be seeing a bottoming process happen in the next six months. The research would say that 66.3% of the time, the market bottomed in the next six months.

Why TD Ameritrade IMX Research Might be More Trustworthy.

The IMX is TD Ameritrade’s ‘Investor Movement Index’.

This research helps get a sense of what people are doing with their money, versus what they say they’re going to do with their money. What TD Ameritrade does with the IMX is take all of the data that they have on client accounts and look at what people are actually doing with their money.

Evidence of Contrarian Indicators According to TD Ameritrade IMX Research.

According to the last three or so years of the IMX charts, periods where the IMX was really high lines up in many cases with market tops, or at least periods in which the market stalls.

December 2017 was one of the highest readings on their metrics, and the market completely stalled for about a year. The next highest reading was September of 2018, right before the market went through a huge drawdown heading into Christmas. Another one happened right at the beginning of 2020, where the indicators started to rise from September 2019 through January 2020. This time the thing that pricked the bubble was coronavirus.

Therefore, this research potentially reveals what could have been good contrarian indicators.

The same thing happens in reverse. When you look at IMX, where people have really low levels of activity, this often leads to periods where markets start to bottom.

Takeaways from the AAII and IMX Research.

Things need to be taken with a grain of salt. But, you generally get an ebb and flow, where when things get overbought, they get oversold.

This doesn’t mean things will turn on a dime. It’s a process, but it tells you where you are generally in the process, so you can keep your head on a swivel.

Research Study from the Federal Reserve Bank of San Francisco.

Research Methodology:

The Federal Reserve Bank of San Francisco went through research on investor sentiment and consumer sentiment and momentum combined to see if any of those two things could potentially predict market returns in the S&P.

This is a very short period for predicting, but it is what it is. The research can be found here: Using Sentiment and Momentum to Predict Stock Returns

The Value of Combining Metrics in Research and Investing.

When you look at metrics independently of one another, they’re not that great. When you start combining them, i.e., sentiment plus momentum, and combining indicators and technicals, or methodologies, that’s where a lot of power lies.

This applies to trading as well as far as the idea of correlation. A combination of investment strategies or technical indicators together in a portfolio oftentimes leads to the best results.

Findings:

Today’s Main Takeaway:

Sentiment shifts over time, and it is these broad shifts, not pinpoints of vertical sentiment spikes, that create tops and bottoms in markets.

Overly optimistic/pessimistic investors, consumers, attitudes, and characteristics are usually typical of market tops and bottoms. But, they don’t create new stock prices to change direction all the time.

Be cautious when you see these spikes. But, don’t say, “Yes, everyone’s pessimistic. It’s going to be a bottom,” or, “Yes, everyone’s really optimistic, it’s going to be a market top.”

There’s definitely pockets of predictability in sentiment extremes. Still, it’s not enough to say that all the time at this one level, or that one level, it’s going to cause the market to completely reverse.

Investor sentiment is something you should keep an eye on, but it’s not something you need to religiously check every week.

Option Trader Q&A w/ Lasan

Trader Q&A is our favorite segment of the show because we get to hear from one of our community members and help answer their questions live on the air. Today’s question comes from Lasan:

Hey, Kirk. This is Lasan. I have been listening to your podcasts and they’re really helpful. I have a really important question for you. One of the strategies that I use and I use it and it’s one of the best is selling the strangles and straddles. The issue with them is that our downside is like – and the potential of losing is unlimited. I wanted to know how the allocation works in here because you said that we should allocate the maximum risk and the maximum loss amount to 1% to 5% of the portfolio. But on the strangle, we don’t have any maximum loss. How does this work? Please explain. Thank you.

Remember, if you’d like to get your question answered here on the podcast or LIVE on Facebook & Periscope, head over to OptionAlpha.com/ASK and click the big red record button in the middle of the screen and leave me a private voicemail. There’s no software to download or install and it’s incredibly easy.

Thank You for Listening!

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The post The Predictive Power of Investor Sentiment appeared first on Forex Trader Post.

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itsfinancethings · 6 years ago

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Our pivot point is at 72.4.

Our preference:

the downside prevails as long as 72.4 is resistance.

Alternative scenario:

above 72.4, look for 73.8 and 74.7.

Comment:

the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day MA (respectively at 71.56 and 72.24).

Our key levels:

Pivot Last 72.4 70.89 Resistances Supports 74.7 73.8 72.4 68.1 67.2 66.3

#IFTTT #Blogger

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chloe-jayde · 6 years ago

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Yuan closes at near 22-month low, breaches 6.95 per dollar

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/yuan-closes-at-near-22-month-low-breaches-6-95-per-dollar

Yuan closes at near 22-month low, breaches 6.95 per dollar

By Noah Sin and Winni Zhou

HONG KONG (Reuters) – The weakened beyond 6.95 per U.S. dollar in late trade on Thursday, dropping to its weakest since January 2017 and breaching a level that some traders had expected authorities to defend.

By the end of the domestic session the spot yuan <CNY=CFXS> (0830 GMT) had steadied to close at 6.9498 per dollar, 76 pips or 0.11 percent weaker than the previous late night session close, and its weakest in 22 months.

Some traders now view 7 yuan per dollar, a level last seen during the global financial crisis, as the next resistance level for the Chinese currency.

Prior to the open, the PBOC set the midpoint rate <CNY=PBOC> at 6.9409 per dollar prior slightly weaker than Wednesday’s fix at 6.9357. The spot rate can trade 2 percent above or below the midpoint.

Onshore trading volume <CNYSPTVOL=CFXT> stood at $31.3 billion, less than half the unusually high volume of $66.3 billion recorded on Wednesday.

The yuan’s late slip follow the release of data from China’s FX regulator, which showed that Chinese banks sold a net $17.6 billion of foreign exchange to retail clients in September, higher than $14.9 billion in August.

The Thomson Reuters/HKEX Global CNH index (), which tracks the against a basket of currencies on a daily basis, stood at 92.67, weaker than the previous day’s 92.73.

Offshore one-year non-deliverable forwards contracts (NDFs)<CNY1YNDFOR=>, considered the best available proxy for forward-looking market expectations of the yuan’s value, traded at 7.0436, -1.46 percent away from the midpoint.

One-year NDFs are settled against the midpoint, not the spot rate.

($1 = 6.9448 Chinese yuan renminbi)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Read More https://worldwide-finance.net/news/commodities-futures-news/yuan-closes-at-near-22-month-low-breaches-6-95-per-dollar

#22month #695 #breaches #closes #dollar #Yuan

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cute1dfacts · 6 years ago

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Yuan closes at near 22-month low, breaches 6.95 per dollar

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/yuan-closes-at-near-22-month-low-breaches-6-95-per-dollar

Yuan closes at near 22-month low, breaches 6.95 per dollar

By Noah Sin and Winni Zhou

Some traders now view 7 yuan per dollar, a level last seen during the global financial crisis, as the next resistance level for the Chinese currency.

Onshore trading volume <CNYSPTVOL=CFXT> stood at $31.3 billion, less than half the unusually high volume of $66.3 billion recorded on Wednesday.

The Thomson Reuters/HKEX Global CNH index (), which tracks the against a basket of currencies on a daily basis, stood at 92.67, weaker than the previous day’s 92.73.

One-year NDFs are settled against the midpoint, not the spot rate.

($1 = 6.9448 Chinese yuan renminbi)

Read More https://worldwide-finance.net/news/commodities-futures-news/yuan-closes-at-near-22-month-low-breaches-6-95-per-dollar

#22month #695 #breaches #closes #dollar #Yuan

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mysimsloveaffair · 1 year ago

Text

Wade: But why did he agree to me taking you to the prom?

Perla: He said that was different because it was just the prom. He knew there would be chaperones there.

Wade: So, if you had asked to go out with Mase instead, he would have said yes right away?

Perla: Possibly

Wade: Wow

Dub wants to find out more, but their conversation is interrupted by a guy sitting in the seat next to them.

Onlooker: Why don’t you get a room next time?

Wade: What?

Onlooker: I didn’t come to the movies to see you two slobbing each other down.

Wade: Are you sure? I bet you enjoyed it. Maybe we’ll charge admission next time. What do you think, Perla?

Perla: *chuckles* Let’s just go.

Dub doesn’t want to turn this into a confrontation, so he gets up from his seat without another word and follows Perla.

Onlooker: Good riddance!

#banks day 66.3 #sims #sims 4 #TS4 gameplay #TS4 legacy #black simblr #henford-on-bagley #banks fam #bankgen3

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breakbit · 6 years ago

Text

Yuan closes at near 22-month low, breaches 6.95 per dollar

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/yuan-closes-at-near-22-month-low-breaches-6-95-per-dollar

Yuan closes at near 22-month low, breaches 6.95 per dollar

By Noah Sin and Winni Zhou

Some traders now view 7 yuan per dollar, a level last seen during the global financial crisis, as the next resistance level for the Chinese currency.

Onshore trading volume <CNYSPTVOL=CFXT> stood at $31.3 billion, less than half the unusually high volume of $66.3 billion recorded on Wednesday.

The Thomson Reuters/HKEX Global CNH index (), which tracks the against a basket of currencies on a daily basis, stood at 92.67, weaker than the previous day’s 92.73.

One-year NDFs are settled against the midpoint, not the spot rate.

($1 = 6.9448 Chinese yuan renminbi)

Read More https://worldwide-finance.net/news/commodities-futures-news/yuan-closes-at-near-22-month-low-breaches-6-95-per-dollar

#22month #695 #breaches #closes #dollar #Yuan

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taylordmorris · 6 years ago

Text

Yuan closes at near 22-month low, breaches 6.95 per dollar

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/yuan-closes-at-near-22-month-low-breaches-6-95-per-dollar

Yuan closes at near 22-month low, breaches 6.95 per dollar

By Noah Sin and Winni Zhou

Some traders now view 7 yuan per dollar, a level last seen during the global financial crisis, as the next resistance level for the Chinese currency.

Onshore trading volume <CNYSPTVOL=CFXT> stood at $31.3 billion, less than half the unusually high volume of $66.3 billion recorded on Wednesday.

The Thomson Reuters/HKEX Global CNH index (), which tracks the against a basket of currencies on a daily basis, stood at 92.67, weaker than the previous day’s 92.73.

One-year NDFs are settled against the midpoint, not the spot rate.

($1 = 6.9448 Chinese yuan renminbi)

Read More https://worldwide-finance.net/news/commodities-futures-news/yuan-closes-at-near-22-month-low-breaches-6-95-per-dollar

#22month #695 #breaches #closes #dollar #Yuan

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benmauerberger · 6 years ago

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Yuan closes at near 22-month low, breaches 6.95 per dollar

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/yuan-closes-at-near-22-month-low-breaches-6-95-per-dollar

Yuan closes at near 22-month low, breaches 6.95 per dollar

By Noah Sin and Winni Zhou

Some traders now view 7 yuan per dollar, a level last seen during the global financial crisis, as the next resistance level for the Chinese currency.

Onshore trading volume <CNYSPTVOL=CFXT> stood at $31.3 billion, less than half the unusually high volume of $66.3 billion recorded on Wednesday.

The Thomson Reuters/HKEX Global CNH index (), which tracks the against a basket of currencies on a daily basis, stood at 92.67, weaker than the previous day’s 92.73.

One-year NDFs are settled against the midpoint, not the spot rate.

($1 = 6.9448 Chinese yuan renminbi)

Read More https://worldwide-finance.net/news/commodities-futures-news/yuan-closes-at-near-22-month-low-breaches-6-95-per-dollar

#22month #695 #breaches #closes #dollar #Yuan

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mysimsloveaffair · 1 year ago

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I also watch all that disappear as Dub enters the kitchen with an untimely announcement.

Wade: I have a date with Perla today. We’re going to the movies.

Me-Me doesn’t respond immediately, but I can tell by how she slams the treats she just made down on the plate that she heard him and is not happy about it. She turns and walks towards him.

Melisa: Today? You’re going out on a date today?

Wade: Yeah

I sigh at Dub’s cluelessness.

#banks day 66.3 #sims #sims 4 #TS4 gameplay #TS4 legacy #black simblr #henford-on-bagley #banks fam #bankgen3 #In Dub's defense I did have this date already planned for him #before I found out about Jalisa #Is he wrong for still going on this date?#He ages up tomorrow so this is his last chance.

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alanafsmith · 7 years ago

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Warwick and Edinburgh leapfrogged by London South Bank in shock new Guardian law degree rankings

Dark days for regional Russell Group-ers

London South Bank University has ranked higher than Nottingham and Warwick in a new eyebrow-raising law faculty power list.

Compiled by The Guardian newspaper, the annual league table assesses law schools on a number of key criteria including quality of teaching, level of feedback, student to staff ratio and percentage of law grads with a career after six months. The newspaper then generates a score out of 100 and ranks the law schools accordingly.

The new 2018 results show that London South Bank University — in Leicester City F.C. fashion — has rocketed up the league table. Ranked a humble 58th on the 2017 list, the uni has climbed a whopping 45 places to tie 13th with Queen’s University, Belfast. This puts the former polytechnic ahead of City law firm recruitment favourites such as the University of Nottingham (15th) and the University of Warwick (24th).

It was, however, business as usual at the very top of the table. For the fourth consecutive year, the University of Cambridge has been named the top law faculty in the United Kingdom. With the University of Oxford taking second, Queen Mary University of London — rising two places on its 2017 ranking — finished third.

Further down the law school pecking order, Durham University scooped fourth, narrowly beating the London School of Economics (fifth) and the University of Dundee (sixth). Elsewhere, the University of East Anglia bagged seventh and the University of Leeds — rising an impressive 14 places on last year’s result — landed eighth. Rounding off the top ten were the University of York and University College London in ninth and tenth place.

But spare a thought for the regional Russell Group-ers. Cardiff University (53rd) and the University of Manchester (56th) were only able to secure mid-table finishes, while the University of Southampton and the University of Liverpool ranked a disappointing 60th and 66th place respectively.

2018 Top 20 Law Faculties:

Ranking Law school Overall Guardian score (out of 100) 1 Cambridge 100 2 Oxford 88.2 3 Queen Mary 81.9 4 Durham 78.1 5 London School of Economics 76.5 6 Dundee 76.3 7 UEA 74 8 Leeds 71.3 9 York 68.8 10 UCL 67.3 11 King’s College London 67.2 12 Edinburgh Napier 66.3 =13 London South Bank 65.9 =13 Queen’s, Belfast 65.9 =15 Kent 65.6 =15 Nottingham 65.6 17 Aberdeen 65.4 18 Robert Gordon 65.3 19 Edinburgh 65.2 20 Ulster 64.8

The full rankings can be found here.

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The post Warwick and Edinburgh leapfrogged by London South Bank in shock new Guardian law degree rankings appeared first on Legal Cheek.

from All About Law http://www.legalcheek.com/2017/05/warwick-and-edinburgh-leapfrogged-by-london-south-bank-in-shock-new-guardian-law-degree-rankings/

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