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Articles related to "term"


Fed signals patience on rate moves ‘for some time’

  • Federal Reserve officials judged at their latest meeting that their patient approach to interest-rate change would be appropriate “for some time,” and many sided with Chairman Jerome Powell’s view that the recent dip in inflation was probably temporary.
  • Many participants viewed the recent easing in inflation “as likely to be transitory, and participants generally anticipated that a patient approach to policy adjustments was likely to be consistent with sustained expansion of economic activity, strong labor market conditions, and inflation near the committee’s symmetric 2 per cent objective,” the minutes said.
  • Several participants judged that the proportional approach would be “well aligned with the committee’s previous statements that changes in the target range for the federal funds rate are the primary means by which the committee adjusts the stance of monetary policy.” At the same time, some of the debate focused on how much capacity each strategy would allow for adding economic stimulus through a maturity extension program.

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America’s newest stock exchange wants to fix one of capitalism’s fundamental challenges

  • Here’s his big idea: Today’s public companies are too focused on things that revolve around short-term stock price increases — beating quarterly projections by Wall Street analysts, shrinking extraneous budgets for research and development to cut costs, and tangling with activist investors who want to nip and tuck to create extra margins.
  • Investors in LTSE-listed firms are asked to commit to the long term — they could disclose to the company that they are planning to be long-term shareholders, so a founder knows during an IPO and afterward which of their stock owners are more interested in its appreciation.
  • But even if they appreciate the idealism of this exchange, they’re making no ironclad commitment to actually trade on it or participate in IPOs. Plus, there could be something of a chicken-and-egg problem: If startups don’t choose to go public on the LTSE, the market will collapse before it’s even born.

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There's a New Way to Hedge Against Wild Swings in the Stock Market

  • This year the volatility is up, but day to day, it’s calm.” There have been just 3 days this quarter that the S&P 500 moved more than 1 percent, while over the last 20 years, it happened closer to 30 percent of all trading days, Birk says.
  • The Quadratic Interest Rate Volatility and Inflation Hedge exchange-traded fund (Ticker IVOL), which launched last week, seeks to hedge against rising inflation and to potentially profit from the steepening yield curve (the spread between short-term and long-term interest rates).
  • Another way to get exposure to market tumult is through exchange traded funds that measure implied volatility of large cap stock options on the S&P 500 Index such as the ProShares VIX Short-Term Futures exchange traded fund (Ticker: VIXY).
  • Volatility rises when stocks decline and these funds are used as a hedge against short-term moves in the market.

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Everything that happened on Huawei’s Wednesday from hell

  • According to a memo obtained by the BBC, ARM Holdings is instructing staff to suspend business with Huawei, over concerns the designs contain US-origin technology.
  • As for Huawei, losing access to ARM could pose a serious threat to its long-term innovation.
  • If the embargo against the company drags on for a prolonged period of time, Huawei could lose measurable ground against its rivals, including Samsung and Apple.
  • Although, it’s worth noting that the company continues to sell existing Huawei devices, like the recently-released Huawei P30 Pro. Ultimately, this is about more than just a delayed phone launch.
  • Notwithstanding the fact that there’s yet to be any concrete evidence that Huawei is a national security risk, it’s worth noting that the Trump administration takes a hard line on trade and national security issues.

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IQ rates are dropping in many developed countries

  • So if IQ scores are really dropping, that could not only mean 15 more seasons of the Kardashians, but also the potential end of progress on all these other fronts, ultimately leading to fewer scientific breakthroughs, stagnant economies and a general dimming of our collective future.
  • But current IQ tests are designed to measure core cognitive skills such as short-term memory, problem-solving speed and visual processing), and rising scores show that these cognitive capabilities can actually be sharpened by environmental factors such as higher-quality schools and more demanding workplaces.
  • And while we might be able to compensate with skills besides intelligence, like determination or passion, in a world where IQ scores continue to fall — and where the drop expands to places like the United States — there’s also a bleaker scenario: a global intelligence crisis that undermines humanity's problem-solving capacity and leaves us ill-equipped to tackle the complex challenges posed by AI, global warming and developments we have yet to imagine.

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How this 30-year-old raised $60 million for a VR firm that wants to transform the way you experience live music

  • The 30-year-old is the cofounder and CEO of MelodyVR, a software firm that lets people experience live music in virtual reality.
  • Since setting up MelodyVR in 2014, Matchett says he has helped raise approximately $6o million in funding, and has worked with stars including Post Malone, Liam Payne and Bebe Rexha to produce content.
  • MelodyVR posted its first revenue last year of £1.2 million ($1.5 million) after launching its app - through which it serves its content - in May 2018.
  • She said "it's very standard for early-stage businesses to take a number of years to break even or become profitable," adding that "at this point in our journey, we are still investing into growing our technology and platform." MelodyVR is listed and has raised much of its financing through issuing new shares.
  • To get MelodyVR, you'll need an Oculus Go or Samsung Gear VR virtual reality headset.

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Al Gore’s environmental sustainability fund has raised $1 billion to pump into new markets focused on health and wealth inequality

  • According to Shalini Rao, Generation's director of growth equity, the new fund will have three additional areas of focus: "planetary health, people health, and financial health." That will position Generation to back ideas that may not fit the traditional "sustainability" mold but could offer higher returns in the long term.
  • Rao points to Generation's earlier investment in workplace productivity software company Asana as one of the examples of what the firm's strategy looks like in practice.
  • She said Generation's research-driven approach has helped it avoid some of the pitfalls other venture firms have come across when investing in sustainability companies, most notably the "green tech" boom and subsequent bust of the early 2000s.
  • A recent New York Times report found that startups marketing themselves as "sustainability companies" had difficulty raising capital from traditional venture firms hesitant to look at the industry with a fresh perspective.

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Abortion Bans Create a Public Health Nightmare

  • Already, states with the most restrictions on access to abortions are also those with the highest rates of maternal and infant mortality.
  • “The supports we have for low-income women are not sufficient to keep them from falling into poverty.” She says that something like 4,000 women get turned away from clinics every year because of gestation time limits—exactly what are getting more restrictive under the six-week bans.
  • Foster’s team has a paper in review on actual, longer-term health consequences among the turnaways, but it’s not out yet, and I didn’t find any research comparing outcomes in states with different abortion access levels beyond when women get abortions during a pregnancy—second-trimester abortions become more common—and the admittedly blunt statistical instruments of maternal and infant mortality.
  • If six-week bans go into effect, if Roe gets overturned, some states will make abortion mostly illegal or illegal altogether, while others try to ensure continued legality.

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I refuse to work in teams without a proper code review process - and you should too!

  • No thoughtless clicking of the "approve" button without actually having reviewed the code.
  • It's okay to have a few pull requests open at the same time but you should not have 50 open PRs in a team of 5 developers.
  • From my experience 2-3 open PRs per developer at the same time should be fine and still manageable to review properly but that of course depends a lot on the size of the PRs. Pull requests are kept short.
  • Reviews can (and usually do) help a lot here to make complex parts simpler.
  • If later you (or anybody else) is unsure about something you might find the answer in old pull request descriptions if it's not explicitly mentioned in the docs/readme.
  • By having another person reviewing your code, this person inevitably gets an idea what this is all about.
  • Doing a good code review takes time.

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I refuse to work in teams without a proper code review process - and you should too!

  • No thoughtless clicking of the "approve" button without actually having reviewed the code.
  • It's okay to have a few pull requests open at the same time but you should not have 50 open PRs in a team of 5 developers.
  • From my experience 2-3 open PRs per developer at the same time should be fine and still manageable to review properly but that of course depends a lot on the size of the PRs. Pull requests are kept short.
  • Reviews can (and usually do) help a lot here to make complex parts simpler.
  • If later you (or anybody else) is unsure about something you might find the answer in old pull request descriptions if it's not explicitly mentioned in the docs/readme.
  • By having another person reviewing your code, this person inevitably gets an idea what this is all about.
  • Doing a good code review takes time.

save | comments | report | share on