One of the key factors driving stocks higher in the wake of a trade “accommodation” rather than a peace treaty is momentum – markets want to go higher, anticipating growth. But the market is equally driven by the volume of cash ready to be thrown at it. There is no shortage of ready liquidity - in this sense of too much easy money chasing too few assets, rather than liquidity: “who wants to buy this” conundrum.
One panel discussion in particular caught my eye. The discussion titled "Building Fusion Centers And Combatting Evolving Threats" by Anil Markose, Senior VP for Booz Allan Hamilton, is designed to promote Homeland Security's Fusion Centers and the spread of biometrics to track people of interest.
There is no reason why meritocracy can’t be compatible with an agenda focused on reducing poverty. However it may require abandoning the myth that every difference in outcome is the result of government not doing enough, or discrimination of some kind.
The notion that to earn an abstract ‘social license to operate’, companies must promote the non-shareholder interests of wider groups of stakeholders in the community, is a way of legitimising the idea that companies should take stances on social and political issues unrelated to their business activities.
Firms under foreign ownership see their profits and dividends flow overseas, their investment decisions taken to serve foreign interests, their assets stripped and risky long-term investments shut down to boost short-run profits and dividends; domestic investment in plant and machinery, in research and development, in skills training [...] are liable to be severely curtailed; we're flogging off of assets vital to our strategic national interest [...]; but, Lynn reassures us, the wave of takeovers that is likely in the months ahead ‘will keep the stock market buoyant’.
The bad news is that a recession is likely in the next year or so, but the good news is that one year is a long time to prepare. There is little, if anything, you can do on your own to stop any kind of global economic meltdown. But you can get yourself prepared for what’s coming.
‘Young people are telling us that BP sponsorship is putting a barrier between them and their wish to engage with the RSC,’ said a spokesperson. The pomposity of this might be funny if it weren’t that BP has subsidised their £5 ticket scheme for 16 to 25-year-olds for eight years, allowing 80,000 young people to see RSC performances at reduced rates.
U.S. personal computer maker HP Inc said on Thursday it will cut up to 16% of its workforce as part of a restructuring plan aimed at cutting costs. The company will cut about 7,000 to 9,000 jobs through a combination of employee exits and voluntary early retirement, it said in a statement