Sub-zero rates are becoming the “new abnormal” in a shaky world economy. With fresh panic hitting markets, are we finally hitting the limits of what monetary policy can achieve? Click on the countries to find out
Source: Mapped: Negative central bank interest rates now herald new danger for the world – Telegraph
Gabriel Stein, asset management director at Oxford Economics, and James Bevan, chief investment officer at CCLA Investment Management, discuss the implications of a negative rate environment and investors’ rush to cash. They speak on “On The Move.” (Source: Bloomberg)
Source: Central Banks’ New World of Negative Rates and Cash – Bloomberg Business
VC is for venture capital, and it’s coming to Sesame Street.
Source: Sesame Street Is Getting Into Venture Capital. This Isn’t a Joke | WIRED
So the powerball was almost 2 billion dollars last week.
And I saw people pooling money, flying into New York city from all over the country, and buying more tickets outside of their group purchase.
All in hopes of achieving some grand dream of having wealth.
And guess what?
None of em won a red cent.
Yup. That’s right.
And what came next you ask?
They itched and moaned about how no one from New York ever wins.
How it ain’t right.
How they would work and not be greedy if they had won…
What a load of malarkey.
Now instead of this wasted cash, time and energy – why didn’t any of these people say “F that noise! I’m going to build my own dream!”
If all energy is focused on a realistic goal, even if it is baby steps to start, then the lottery and who won it becomes irrelevant.
Lesson here: don’t waste your time on pipe dreams when there are opportunities right in front of you if you simply train the brain to see them.
More on that later this month.
Live Brolic!
Even the big boys are feeling this economy change…./recession….
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Wal-Mart is closing hundreds of stores across the globe, including 154 in the U.S., a rare retreat for the retail behemoth on its home turf.
“It feels like sell program after sell program,” said Michael Cohn, chief market strategist at Atlantis Asset Management.
These five suggestions will help supercharge your retirement planning efforts.
Source: 5 Small Changes in Retirement Planning That Get Big Results
#LiveBrolic!
“The first rule of personal finance is that it’s not personal and it’s not financial. It’s about your ability to make ten changes and not get too depressed over it.”
James Altucher
“Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.”
John Kenneth Galbraith
New banking rules introduced in the aftermath of the financial crisis are contributing to a tightening of financial conditions.
Changeinadvance 