Published December 7, 2018 We are now deeply in the middle of serious US Stock Market slide with all indices down viz. Dow, NASDAQ, S&P 500 and the stocks in firm correction territory. Based on where we are, it appears that the Bears have invaded Wall Street and the Bulls are in full retreat. The TV and Financial Press is full of analysts and experts providing various reasons for this correction. The initial cause attributed by experts to this stock market slide may be characterized as a Global Synchronized Slowdown as opposed to Global Synchronized Growth that led to frothy
Day: December 7, 2018
Huawei’s CFO Arrest during the G20 Summit in Buenos Aires last week – Part of Chinese Leadership Internal Power Struggle?
Published December 7, 2018 We have been seeing news that Huawei Technologies Co. CFO Meng Wanzhou was detained in Canada enroute to Mexico, for possible extradition to USA. It is reported that the Trump Administration was aware of the potential impact on trade talks with China but intent on showing resolve over Chinese companies accused of violating U.S. law. Meng’s arrest is part of an ongoing investigation by U.S. prosecutors into whether Huawei violated banking laws as it sought to evade sanctions against Iran by routing a series of transactions through HSBC Holdings Plc, according to reports in Bloomberg.
Cybersecurity tips to help keep you safe(r) from “Phishermen” during this Holiday Season
Published Dec 7, 2018 We are now entering the holiday season where we expect to give Thanks for our blessing and spend more time with friends and family. This is also the season of giving and we are all busy shopping, travelling, and doing other fun things like online shopping which will require significantly more cyber activity. Hence we have prepared these cybersecurity tips to help keep you safer from the most insidious of cyber-threats during this holiday season – Phishing. When you look in your email inbox, you probably expect to see messages from family, relatives, colleagues, customers,
Federal Reserve, buoyed by stronger economy, lifts rates again. Is it time to pause further Rate Hikes? Our Appeal to the Fed
Published on Dec 20, 2017 The Federal Reserve raised short-term interest rates by a quarter point last week as the U.S. economy continues to be on get healthier. The rate hike, which was widely expected, was the third this year as Policy makers pointed to the lower number of unemployed workers, increased spending by households, and bigger investments by businesses in recent quarters. This is the fifth time the Fed has lifted interest rates since the 2008 financial crisis and will now hover in a range of 1.25% to 1.5%. Overall, rates are still historically low. The Fed put