Posts Tagged ‘News’
The 2011 Socionomics Summit in Atlanta: It will change that way you think about markets.
The Socionomics Conference offers the latest insights from this groundbreaking new science.
Socionomics is the fruition of Bob Prechter’s insight regarding social mood. This comprehensive theory is helping investors connect the dots from the past to the future to where they are right now. In this first-ever Socionomics Conference, Prechter will host speakers who are using socionomics in their work and research. Elliott Wave International has made it as easy as possible to attend — including an exceptional price, convenient travel access (Atlanta), and a venue close to the airport. Click here for information.
The coming 2011 Socionomics Summit on April 16 in Atlanta will indeed discover “New Horizons” — which is precisely what this emerging science has done time and again in recent years.
Attendees will be able to hear, ask questions of, and mingle with 14 of the foremost academics, writers and researchers who contribute to the science of socionomics. Even now, their innovative work is helping to define the critical role that social mood plays in human affairs. The featured speakers include:
- Successful hedge fund manager Scott Reamer
- Indiana University professors Johan Bollen and Huina Mao, contributing authors of the widely-reported academic paper “Twitter mood predicts the stock market”
- Scholar and best-selling author of Mood Matters, John Casti
- Emmy award-winning Minyanville sage Kevin Depew
- The man who discovered socionomics, Robert Prechter
This list is just the beginning. Speakers also include the Socionomics Institute’s research fellow at the University of Cambridge, Matt Lampert, as well as in-house researchers Alan Hall and Euan Wilson, whose research continues to demonstrate how social mood drives social action.
Please know that the phrase “new horizons” is no exaggeration. As published in The Socionomist, our recent studies of social mood have anticipated a mind-boggling series of global trends and events:
- “War and Peace in the Middle East” (Dec. 2010) was weeks ahead of the violence and shockwaves of protest that changed the political landscapes of Egypt, Tunisia, Yemen, Libya and beyond.
- “Authoritarianism” (April 2010) forecasted increased internet regulation and warned of a possible cyber war — months before the WikiLeaks controversy broke.
- “The Coming Collapse of Modern Prohibition” (July 2009) anticipated the dramatic escalation of violence in Mexico’s deadly drug war. It also called for growing American tolerance of marijuana use.
- “Authoritarianism” (April 2010) warned of unprecedented new forms of government control even in ostensibly free countries like the U.S. Since then, news events include the advent of secret government GPS controls on cars, airport pat-downs and document checks on train travel inside U.S. borders.
- “The Developing European Tinderbox” (Dec. 2009) preceded the biggest story in Europe in 2010 — the re-kindling of old ethnic and national hostilities and the possible coming dissolution of the euro.
For more information about the 2011 Socionomics Summit: New Horizons in the Study of Social Mood, simply follow this link.
About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world’s largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private around the world.
The Ultimate Money Guide for Bubbles, Busts, Recession and Depression
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Just released:
New blockbuster book
by Martin D. Weiss!
Dr. Weiss has just released his new book — The Ultimate Money Guide for Bubbles, Busts, Recession and Depression — and already it has soared to the top of the charts on Amazon.
In this fully updated and expanded edition of his latest New York Times bestseller, Dr. Weiss shows you …
- Why even the shocking trillions in bailouts and guarantees Washington has handed out have not been enough to prevent a new debt crisis (page 31) …
- Why Wall Street cheerleaders, top economists and our leaders have been so wrong at every stage of this crisis — and why listening to them now could cost you up to half your wealth in 2011-2012 (page 38) …
- What REALLY can happen if your bank fails — what the FDIC insurance covers and what it does NOT cover … why many depositors could be very disappointed (Chapter 6) …
- How to find safe insurance companies, the best life insurance policies and the best annuities. What insurance agents never tell you … policies nobody needs but almost everybody buys … plus much more (Chapters 7, 8 and 9) …
- The ultimate alternative ETFs for reaping wealth in the worst of times. Follow these steps to help protect your portfolio and reap far larger potential gains (Chapter 11) …
- 3 shocking reasons why Wall Street ratings on stocks and bonds are dangerous. Hidden conflicts of interest, bias, payola, cover-ups and scams that could lure you into deadly investments (page 41) …
- Your home loses another 20% of its value — but THIS investment wipes out your loss or even hands you a profit. The five-step hedging strategy every homeowner should be using now (page 173) …
- 5 easy ways to spot the REAL bottom in stocks and bonds — and use it to help pile up massive wealth in a recovery (page 193) …
- How to maximize your bond market and Treasury yields with safety: Six simple steps (page 209) …
- Dividends: Your next great income opportunity. Four simple steps to find stocks with steadily rising dividends (page 217) …
- The best time to buy gold — 700% profits possible! Get your timing wrong, and you’re likely to lose a bundle. Get it right and Katie, bar the door! How to invest in gold, gold ETFs and mining shares during a depression (page 229).
The table of contents — plus sample pages — are available here at Amazon.
Hard copies are available online and in bookstores.
Plus, you can download the book instantly for the Kindle and for the Nook.
Questrade is offering fee rebates to customers who invest in mutual funds
Hello fellow investors. I a previous post of mine on my “money blog” I mentioned how my stock broker – Questrade – was giving people 10 free trades when they open a no-fee RSP account. Well since then I learned about another special promotion that they’re offering and I though all you Canadian traders and investors may want to know so you can take advantage of it.
The promo is in regards to investing in mutual funds. Questrade is offering fee rebates to customers who invest in mutual funds via both registered and non-registered accounts. What this means is that you save on trading costs. Pretty cool!
Personally I’m not into mutual funds (I prefer to invest in individual stocks) but I know there are tons of Canadians that don’t have time to do what I do (stock pick) so mutual funds are a great way to invest in the stock market without putting much effort on your part. Getting some money back from Questrade when you invest in mutual funds makes good financial sense. To help you figure out how much you’ll save they even have a rebate calculator on their site.
Now that you know about this deal if you wish to find out more about this broker or their special mutual funds promo hop on over to the Questrade homepage.
Good luck and happy investing!
Cheers,
Alan
Happy Thanksgiving!
My dear American readers. I’d like to take a moment to wish you all a very very Happy Thanksgiving!
Now I’ll let you all go back to assaulting that juicy turkey.
Cheers,
Alan
Please Help The Families Of Five Slain Police Officers
Take a good look at these faces folks as they are genuine heroes who dedicated their lives to serve and protect us all. Sergeant Mark Renninger and Officers Ronald Owens, Tina Griswold, and Greg Richards were all loyal and dedicated servants of the public good at the Lakewood Police Department but sadly their lives were needlessly and brutally snuffed out by a cold-blooded and savage coward. I pray that justice is done upon him swiftly and with fitting measure to the crime he committed. For what it’s worth I offer my sincere condolences to the families of these fine officers.
A good friend of mine and member of the law enforcement community who also happens to be a member of a forum I run has started a awareness campaign asking good citizens such as yourself to kindly support the families of the slain police officers. So I ask you dear reader to read his message below and consider making a donation to support these families.
– quote –
As some of you may know I am in law enforcement and it really pains and saddens me to have to write about this. Our community has just suffered one of the biggest tragedies my state has ever endured. Four Lakewood, WA police officers where shot and killed at a coffee shop right before their shift began earlier this week. And just three weeks before that a Seattle police officer was shot and killed. This is five families lives that have been shattered and each police officer had children. These families need our help and support. If any of you can donate even the smallest amount it will go a long way to help these families. The funeral ceremonies for the four officers will be on the 8th of December.
Below are a few links to check out to read the whole story.
http://lpig.us/?zone=/unionactive/view_page.cfm&page=Lakewood20Officers20Slain20by20a20coward
To make a donation please click on this link and then please click on the donation link. It will then bring you to a PayPal donation page.
http://www.seattle.gov/police/
If you have any questions please PM or email me.
Thank you for all your support.
– end quote –
You can get in touch with my law enforcement friend by visiting the following forum thread:
http://www.forexnirvana.com/f4/slain-police-officers-1279/
Once again please consider donating.
Thank you for your attention!
Sincerely,
Alan
Moody’s Accused of Issuing Inflated Ratings
Reuters
Wednesday, September 23, 2009
A former analyst with Moody’s Corp has accused the credit ratings agency of issuing inflated ratings, and has taken his concerns to U.S. congressional investigators, the Wall Street Journal reported on Wednesday. In a letter dated July, obtained by the paper, Eric Kolchinsky accused Moody’s Investor Service of issuing a high rating to a complicated debt security in January, in spite of it being aware it was planning to downgrade assets backing the securities. “Moody’s issued an opinion which was known to be wrong,” Kolchinsky wrote, along with detailing other instances of inflated ratings issuance, according to the paper. The paper said a Moody’s spokesman declined to comment on the January rating under scrutiny, but had said Kolchinsky refused to cooperate with an investigation into the issues he raised, and was suspended with pay. Kolchinsky is scheduled to testify on ratings firm reform before the House Committee on Oversight and Government Reform on Thursday, the paper said. Moody’s was not available to comment.
SOURCE: http://www.reuters.com/article/businessNews/idUSTRE58M15Y20090923?feedType=RSS&feedName=businessNews
U.S. unemployment rate jumps to 26-year high of 9.7%
The U.S. unemployment rate jumped to a 26-year high of 9.7% in August as nonfarm payrolls fell by 216,000, the 20th consecutive monthly decline, the Labor Department estimated Friday.
U.S. payrolls have dropped by 6.9 million to a total of 131.2 million since the recession began in December 2007, the government data showed. Unemployment has increased by 7.4 million during the recession to stand at 14.9 million.
The 216,000 decline in payrolls was close to market expectations of a 233,000 drop, but the unemployment rate rose higher than the 9.5% level expected. The unemployment rate was 9.4% in July.
It was the smallest decline in payrolls since August 2008.
Payroll losses have moderated in most industries in the past two months after severe declines earlier in the year. In the past three months, payroll losses have averaged 318,000 per month, compared with 491,000 in the previous three-month period.
Payrolls declined an upwardly revised 276,000 in July. In June and July, payroll losses were revised up by 49,000.
Details of the August report were generally weak, however.
Payrolls fell in most sectors of the economy except for health care. Total hours worked in the economy dropped by 0.3%, long-term unemployment worsened, and the number of people working just part time who want full-time work reached 9.1 million, up 278,000.
The number of people who’ve been out of work longer than six months nudged up to 5 million, representing about one-third of the unemployed.
An alternative measure of unemployment that includes discouraged workers and those forced to resort to part-time work rose to 16.8% from 16.3%, marking the highest on record dating back to 1995.
Average hourly earnings on the month rose 6 cents, or 0.3%, to $18.65 an hour. In the past year, average hourly earnings are up 2.6%.
Most industries shed jobs
Of the 271 industries as tracked by the Labor Department, 35% were adding workers in August, according to a survey of hundreds of thousands of business establishments.
Private-sector employment fell by 198,000 in August. Employment in the private-sector is now lower than it was 10 years ago.
Goods-producing industries cut 136,000 jobs, including 65,000 in construction and 63,000 in manufacturing.
The manufacturing workweek for August was unchanged at 39.8 hours, while hours worked in manufacturing fell 0.5%. Of 83 manufacturing industries, 29.5% were adding jobs in August, the highest percentage since May 2008.
Employment in motor-vehicle manufacturing fell by 15,000. Employment in food, beverage and petroleum manufacturing rose slightly.
Service-producing industries reduced their rolls by 80,000 jobs in August, the fewest in a year. Retail cut 10,000 jobs, while financial services shed 28,000 and business services cut 22,000, including 6,500 temporary-help workers.
Health-care industries added 28,000 jobs.
According to a separate survey of households, employment fell by 392,000 and unemployment rose by 466,000 to 14.9 million.
The employment participation rate was steady at 65.2%. The employment-population ratio fell to 59.2%
Source: MarketWatch
