FinanceAs constantly seems to be the case, the new iPhone 7 and 7 Plus are out of stock in stores with a a number of week wait if you order on the internet. The new Apple Watch Series two is also not possible to get without having a wait. Whether these waits for units is due to low provide or higher customer demand is always impossible to determine but each of the new iPhones and new Apple Watch have gotten mostly good reviews in the media. Several reviewers are agreeing that the newest watch (Series 2) is what the Apple Watch must have been the 1st time a year and a half ago.

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FinanceThis is what I wrote to new contacts I made at the London Investor Show which I attended and presented at final Friday.

So, the scene is set. A single issue is for certain: if the future of banking is going to be digital, we want it to be populated with these who worth the deeper tenets of open source philosophy Otherwise we could be left with increasingly alienating, exclusive and unaccountable economic surveillance states, presiding more than increasingly passive and patronised users.

This is what DSGE models are supposed to do. This is why academic macroeconomists use these models. So why does not anybody in the finance market use them? Possibly sector is just slow to catch on. But with so many billions upon billions of dollars on the line, and so several DSGE models to pick from, you would consider someone at some large bank or macro hedge …

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On monetary policy, there will be a push to drive up interest rates by a lot of. There is a broad view (I’ve heard as almost concensus at locations like Bloomberg Radio) that if the Fed would just raise prices it would advantage portfolios and spur the economy. This is an extremely myopic and uneducated view of how the economy works but I consider it will be the view held by these taking energy in Washington DC. It will be interesting to see if Fed Chair Janet Yellen is permitted to keep her post. In the end, the much more Washington tries to push up interest prices at the reduce end, the a lot more they will come down at the greater end.

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