09-19-2016, 10:58 PM
“The political system is obstructing our economy,” said Michael Porter, a professor and co-author of a new report on U.S. competitiveness in the global economy. The findings offer a stark indictment of Washington politics as the nation heads toward November’s election. While other countries adjust and experiment, the U.S. has fallen behind amid partisan sniping and policy gridlock, leaving the nation’s businesses less competitive and living standards lagging. “Overall, we believe that dysfunction in America’s political system has now become the single most important problem facing America,” Mr. Porter and fellow faculty members Jan Rivkin, Mihir Desai and Manjari Raman wrote.
Want to Fix the U.S. Economy? Start With the Broken Political System - Real Time Economics - WSJ
As noted in the recent posts, short-term traders profit when they track buying and selling flows and detect shifts in those flows created by the actions of large participants. At the top and bottom ticks of market moves, those shifts have not fully occurred. Indeed, my work suggests that the best time to be long is when we see meaningful selling flows that cannot move price meaningfully lower and the best time to be short is when we see meaningful buying flows that cannot move price meaningfully higher. This is true across time frames and is pertinent to longer-term as well as intraday trading.
TraderFeed: How to Extract Greater Profits From Our Trading
Today the VIX sits below 11.50 and stocks are slightly higher despite weak earnings and a widely expected, but still ugly, negative print in first quarter GDP. Rather than interpreting the market action as complacency traders are generally just accepting that the VIX is lower because the market is open for business. The thing is, the VIX never measured “fear.” It measures expected volatility. If 11.5 seems like a low print that’s only because you aren’t putting it in the context of single-digit trailing volatility. The VIX is low for a reason and that reason is that stocks simply aren’t going down in large enough gaps to justify paying much for insurance.
Understanding The VIX: Now And Throughout Stock Market History | See It Market
Investors need to take a long-term view when backing new tech start-ups in the UK according to leading fund manager Neil Woodford, speaking as part of the BBC's Tech Talent coverage. He says small companies are not receiving the funding required to grow. "We have been appallingly bad at giving those minnows the long-term capital they need," said Mr Woodford. On the BBC, Tech Talent coverage is asking whether the UK can compete in the global tech industry. The UK is a magnet for entrepreneurs - around a third of them come from abroad. But according to Mr Woodford and others, home-grown tech entrepreneurs are not turning promising starts into leading global companies.
UK 'appalling bad' at funding start-ups - BBC News
The time, for example, when Rooney was being investigated by the Football Association for pushing his hand into the face of Tal Ben Haim, then at Bolton Wanderers. Ferguson was so enraged about it being brought up that day he machine-gunned 22 F-words in our direction in roughly 45 seconds. That press conference ended with him swinging his arm at the tape recorders on his table to send them flying into a wall 10 feet away. “You’ve got me to lose my temper, wonderful,” was his parting shot, pointing to the door to chuck us out, the flares burning behind his eyes.