What an MLB source said about the Dbacks trade h

first_img What an MLB source said about the D-backs’ trade haul for Greinke Leach, 35, is a 12-year league veteran who has held downthelong-snapping job with the Cardinals since 2009. Leachwillreceive a new three-year deal. D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ 0 Comments   Share   Nevada officials reach out to D-backs on potential relocation The Arizona Cardinals continued to re-sign more of theirownfree agents, according to Darren Urban ofAZCardinals.com.Cardsbring back long snapper Mike Leach (3-year contract) andLB/special teamer Reggie Walker (2-year contract).— Darren Urban (@Cardschatter) March 26,2012 Top Stories Walker, a reserve linebacker who was an undrafted freeagentout of Kansas State in 2009, played in all 16 games lastseason,primarily as a special teams member. Walker registered 16special teams tackles. He’ll receive a 2-year contract. Cardinals expect improving Murphy to contribute right awaylast_img read more

May 5 2010 The Landscaping crew under tutelage o

first_imgMay 5, 2010 The Landscaping crew, under tutelage of manager Ron Chandler, has worked on a project on the east side of the Ceramics Apse. We posted images of some of the early work on March 24. and 26. 2010. Weldplates that were cast into the lower side of two silt-cast walls are now welded to weld plates that were cast into the retaining wall. [photo: Chihiro Saito & text: sue] Here workshop participant Ikue Saitou filled in earth behind the walls. [photo: Chihiro Saito & text: sue] The crew built a semi-round wooden support frame and covered the inside with a tough plastic tarp. The plan is to cast a large round planter into which the pomegranate tree [in the background] will be replanted [photo: Chihiro Saito & text: sue] The silt has been built up part way. [photo: Chihiro Saito & text: sue] In the foreground is a wooden guide that is used to scrape an evenly sloped surface into the silt form for the planter. [photo: Chihiro Saito & text: sue] Landscape manager Ron Chandler and his crew member Brian Fritz are completing the shape of the silt form. We continue this on Friday 5/7/10 with a report of Paolo Soleri carving a design into this silt form. [photo: Chihiro Saito & text: sue]last_img read more

Slaghs vote would guarantee auto insurance savings for Michigan drivers

first_img House approves long-overdue bipartisan no-fault solutionState Rep. Brad Slagh today joined colleagues in approving a bipartisan plan to deliver significant rate relief for drivers across the state.The House voted to approve legislation guaranteeing lower rates by giving drivers more choice on personal injury protection coverage, stopping price gouging on medical services for car accident victims, and combating fraudulent claims to help lower costs. The plan will head to the governor for her expected signature.The bipartisan solution is designed to end Michigan’s long run as the state with the most expensive car insurance rates in the nation.“Our plan makes car insurance more affordable for everyone in Michigan while providing necessary coverage,” said Slagh, of Zeeland Township. “I’m proud to vote yes today.”Michigan’s costs are high largely because it’s the only state mandating drivers buy unlimited lifetime health care coverage through car insurance, with no corresponding cap to what medical providers may charge an accident victims. The bipartisan reform plan allows those currently using the coverage to keep it, and those who want it in the future to continue buying it – while providing more affordable options. Categories: News,Slagh News 24May Slagh’s vote would guarantee auto insurance savings for Michigan driverslast_img read more

Greeces public broadcaster ERT is to cointinue br

first_imgGreece’s public broadcaster ERT is to cointinue broadcasting during a restructure process after a Greek court ordered its services to be put back on air.The ruling followed prime minister Antonis Samaras’ decision to shut down the broadcaster overnight to save money a week ago, a move that led to widespread protests at home and abroad, and led to ERT staff continuing to broadcast a signal in defiance of the government.The Council of State, the country’s top administrative court, accepted that a “new” lower-cost broadcaster must be set up but said that ERT must be reopened in the meantime in line with demands from Samaras’ coalition partners.The fractious coalition partners all claimed victory from the ruling, with Samaras’ New Democracy party reitirating that ERT would be shut down while leftwing parties said that the court had confirmed that the government did not have the right to close down the broadcaster.The European Broadcasting Union welcomed the decision.“This is a positive turn because it means public service media will return to Greece. We welcome the news that ERT will reopen, and we offer our support to build a new, successful, independent and sustainable public broadcaster that will contribute to pluralism and diversity in Greek society,” said EBU president Jean Paul Philippot.The EBU had earlier condemned the Greek government’s threat of legal action against satellite operators that continued to transmit ERT’s signal over Europe and Asia.last_img read more

As Bill Buckler said in his quote above…its getti

first_imgAs Bill Buckler said in his quote above…it’s getting more blatant by the month…and so it is.The gold price was comatose through all of Far East trading…and then for an hour or so after the London open.  The smallish rally going into the London silver fix at noon local time, got sold off going into the Comex open in New York.Twenty minutes after the open, gold rallied strongly, but got stopped in its tracks by the time it had rallied a bit over ten bucks.  The high of the day at that point was $1,687.40 spot.  Then it got sold down in the usual manner…with the New York low [$1,665.80 spot] coming around 11:15 a.m. Eastern time…and well below the Comex opening price.  From that low, gold recovered a bit until 1:00 p.m…and then traded sideways into the 5:15 p.m. electronic close.Gold finished the Tuesday session at $1,673.20 spot…down $1.20 on the day.  Volume was very impressive…around 153,000 contracts…so it was obvious that “da boyz” used a fair amount of shorting to get the price to behave again yesterday.Silver’s price action in Far East trading was pretty quiet…and the low price tick [just under $31.60 spot] appeared to occur at the 8:00 a.m. GMT London open.  Then it rallied until the London silver fix was in…and that was its high of the day…somewhere over $32.10 spot.  Then, like gold, the price got sold down into the Comex open…and the subsequent rally ran into the same not-for-profit sellers that gold did.  However, silver’s New York low…$31.54 spot…came at 10:45 a.m. Eastern time…and the subsequent rally followed the same price path as gold for the rest of the New York session.Silver finished the day at $31.82 spot…up 6 cents.  Net volume was nothing special…around 34,500 contracts.Obviously both gold and silver would have finished materially higher if JPMorgan et al hadn’t shown up.  Both platinum and palladium outperformed both gold and silver yesterday.The dollar index began trading on Tuesday morning at 79.56…and although it rallied as high as 79.78 around 3:00 p.m. in Hong Kong, it chopped lower for the rest of the day, closing at 79.54…virtually unchanged from the open.  Once again, the precious metal price action was totally unrelated to what the currencies were doing.The gold stocks opened in positive territory, but couldn’t hang onto those gains after gold ran into the not-for-profit seller that took gold from it’s high tick to its low tick [a $22 range] in just over two hours.  The stocks hit their nadir at 12:45 p.m. Eastern…and then rallied a bit, before trading sideways into the close.  The HUI finished down at tiny 0.16%.Most of the silver stocks I track finished in slightly positive territory…and Nick Laird’s Intraday Silver Sentiment Index closed up a smallish 0.09%.(Click on image to enlarge)The CME’s Daily Delivery Report showed that 11 gold and zero silver contracts were posted for delivery within the Comex-approved depositories on Thursday.There were no reported change in GLD yesterday…but there was a small withdrawal…139,049 troy ounces…of silver from SLV.  This was probably a fee payment of some kind.Over at Switzerland’s Zürcher Kantonalbank, they reported that their gold ETF declined by 13,914 troy ounces…and their silver ETF rose by 47,905 troy ounces…as of the close of business on February 4th.The U.S. Mint had their first sales report for February.  They didn’t sell any gold eagles or 1-ounce 24K gold buffaloes…but they did sell 675,500 silver eagles.Monday was a very busy day over at the Comex-approved depositories.  They reported receiving 1,850,118 troy ounces of silver…and shipped 703,895 troy ounces of the stuff out the door.  This activity is worth checking out…and the link is here.As the headline to today’s column stated, there were record inflows into China through Hong Kong in December…and for all of 2012.  Normally Nick Laird would have the charts of this all done by now, but the website that contains all the data he needs has been down all of Wednesday on that side of Planet Earth, so he can’t get at it.  Hopefully I’ll have those charts for you in this space tomorrow.I have somewhat fewer stories today than I did in yesterday’s column…and I’ll leave the final edit up to you.The blatant manipulation of paper to “control” the price of the physical metal is ongoing and getting more blatant by the month. The more debt that the central banks monetise, the more vital it is that there are no distractions in this process. It is crucial to keep everybody INSIDE the paper money and sovereign debt system. It is equally crucial, therefore, to discourage any temptation to venture outside it. – Bill Buckler…Gold This Week…02 February 2013Another day…and another obvious intervention in the gold and silver markets.  As Bill Buckler said in his quote above…it’s getting more blatant by the month…and so it is.  It’s hard to believe that not everyone sees it…or will acknowledge it even if they do.  The forces of Mordor must be delighted that the precious metals world is still full of such Benedict Arnold-types…especially the miners…who will never lift a finger to help their stockholders.At the moment, we appear to be in a ‘holding pattern’…but holding for what?  If you’re a TA person, the chart screams of an imminent break out…but in a managed market it’s hard to take TA seriously.  And as I’ve pointed out on numerous occasions over the years, JPMorgan Chase et al can paint any chart pattern they want…and this might be what they’re painting now.  How it ultimately resolves itself is still unknown…but we’re all hoping for up…and up big.  Time will tell.Here’s the 3-year gold chart…and as you can tell, this ‘consolidation pattern’ is getting very long in the tooth.(Click on image to enlarge)Yesterday, at the close of Comex trading, was the cut-off for Friday’s Commitment of Traders Report…and the February Bank Participation Report.  Just eye-balling the price action during the reporting week, I’d guess that there won’t be a lot of change in this week’s COT Report in either metal.  But, after last week’s big surprise in silver, I’ll refrain from carving that prediction in stone.In Wednesday trading in the Far East, not much of anything happened price wise…and that’s still the case now that London has been open for about forty-five minutes as I write this paragraph.  Volumes are light…and I would guess that most of it is of the high-frequency trading variety.  The dollar index began to rally in early afternoon trading in Hong Kong…and appeared to hit its zenith just a few minutes after the London open…a pattern very similar to yesterday’s dollar index action at that time of day.And as I hit the ‘send’ button at 5:10 a.m. Eastern time, there’s still not much happening in early London trading.  Volumes are still light…and both gold and silver are down a bit.  I’d guess that has something to do with what the dollar index is doing, as it’s up about 25 basis points at the moment.But, as is almost always the case, the real price shenanigans start when the Comex opens at 8:20 a.m. Eastern…or once the noon silver fix is in, in London…which is 7:00 a.m. in New York.  I’d guess that today’s trading action will follow a similar pattern.That’s all I have for today…and I’ll see you here tomorrow.last_img read more

Theres an old story about a trucker driving north

first_imgThere’s an old story about a trucker driving north on the Montreal highway in Vermont. Seeing an average of three gas stations per mile, he concludes that there must be plenty of gas all the way to the North Pole. Urban legend doesn’t say what became of him (or why he thought he could drive to the North Pole), but I’m guessing he ended up stranded on a desolate stretch of highway somewhere in northern Manitoba. Our trucker’s mistake is an admittedly extreme example of what statisticians call extrapolation error, which occurs when you wrongly assume that current conditions will continue into the future. It happens in investment markets all the time, only instead of a frigid night alone in a truck, the markets will punish your bad judgment with a deluge of red ink in your brokerage account. As today’s guest author David Hunter will explain, extrapolation is all the rage right now—as it often is when markets are hot. He says that those who assume the stock market will rise in 2014 just because it rose in each of the five years prior are suffering from an acute case of Extrapolation Fever—a wealth-threatening disease whose symptoms include over-confidence, loss of judgment, and ultimately, a lighter wallet. As some background, David Hunter has been in the investment business for 36 years, working his way up to Chief Investment Officer of a billion dollar money management firm. Today, he’s Chief Investment Strategist of KCCI, where he uses cycle analysis to predict where major investment markets are headed for readers of his newsletter The Contrarian Value Investor. As the name of his newsletter implies, David is a contrarian to the core. You’ll read his take on precious metals, stocks, bonds, and much more in his 2014 forecast below. Be warned: you won’t agree with everything you’re about to read. But David’s analysis is sound and well-reasoned, so take heed nonetheless. The US dollar will be another beneficiary of the “flight to safety” trade. I know that a lot of investors are concerned about the long-term prospects for the dollar, given the lack of fiscal discipline in our government and the seemingly reckless expansion of QE in this cycle. There is also talk that the dollar could lose its reserve-currency status or at least see it greatly diminished. While that may happen, it is not going to happen anytime soon. World investors will still flock to the dollar in a crisis. I am forecasting the dollar index to rise by 20-25% in 2014. I think we may see the dollar and the euro trade at parity at some point later this year. I am also near-term bearish on the commodity currencies, such as the Australian and Canadian dollars. I expect their economies to be hit particularly hard, as commodities take it on the chin during the bust. The Japanese yen has declined by over 25% versus the dollar in the past 15 months. There is undoubtedly more downside ahead, but I am not sure I would want to be short the yen here, given the nearly universal view that it will continue to trade lower. There are far too many traders short the yen right now for me to be comfortable with that trade. It wouldn’t take much to trigger a short-covering rally here. I don’t think I want to be either long or short the yen right now. I continue to be a bear on precious metals and commodities. I turned bearish on gold in September of 2012, when it hit $1,800 and have had a target of $1,000 ever since. This is still my target, although I believe it could spike as low as $800 in a washout trade before reversing. I believe gold is likely to put in a major bottom in the first half of this year, but right now there are still far too many people trying to call a bottom every time we get an uptick. We need to see more capitulation and more panic selling before any kind of major bottom can be called. By the time we get to a true bottom, I expect to see some of the so-called gold bugs and many of the inflationists throw in the towel. We’re getting closer, but I think that bottom is still months away. I continue to expect silver to track gold. My downside target for silver remains at $13. Copper, on the other hand, is not nearly as far along in its downtrend. I think copper prices could drop in half this year. China is still overproducing, and demand for copper is likely to be hit hard in the upcoming global contraction. I see a lot of analysts promoting the copper producers, particularly Freeport McMoran, suggesting these stocks offer great value here. I would just caution that a sharp drop in copper prices would cause earnings to disappear. Under this scenario, the dividend would likely be cut or eliminated. From both a technical and fundamental perspective, I can see these stocks falling 50-70% from here. Energy is another area where prices could come under severe pressure in 2014. I am looking for WTI crude to fall below $50 and natural gas to decline to $2. We may be on the verge of the first global deflationary cycle in some 80 years. That is not likely to be an environment where commodities thrive. I would caution investors against evaluating commodity stocks here using normalized earnings. The environment these producers will be operating in will be far from normal. Weak earnings and questions about future demand will take a toll on these stocks. Conclusion It is not often that we see such unanimity on Wall Street. As the market has marched higher, more and more investors have joined the ranks of the bulls. As a 40-year observer of the markets, I have seen the same thing happen at each market top. Essentially, the momentum of the tape begets more momentum and causes perception to change from glass half-empty to glass half-full. Lots of fundamental rationale is provided to explain a bullish viewpoint, but more often than not, it is the momentum of the market that is driving the crowd’s bullishness at or near a top. What I have also observed over the years is that the sentiment can quickly shift into glass half-empty if and when momentum shifts decidedly to the downside. In other words, momentum works both ways. Shifts from bullish to bearish can lead to dramatic declines when coming off a major top. I think this might be even more the case this time around. More than ever before, we have investors all watching for the same technicals on their computers in an effort to spot a reversal. This means that more than ever before, we will likely have investors all acting on those signals at essentially the same time, creating a stampede for the exits. This long market run, without so much as a 10% correction, has conditioned investors to make every effort to stay fully invested until there are clear signs of a momentum break. My guess is that we will see a high-volume reversal once the market definitively crosses under the 200-day moving average. For the S&P, the 200-day moving average is around 1,695. Until the market breaks that level, weakness will be bought. However, once that line is penetrated in a decisive manner, we are likely to see the sell-off accelerate. The setup is such that a reversal this time around could be faster and steeper than what we witnessed in 2008. Investors hoping to have their cake and eat it too by staying fully invested until the momentum reverses are likely to learn an age-old lesson: the market rarely accommodates. Extrapolation fever is alive and well on Wall Street, and most pundits are forecasting another positive year, fueled by accelerating economic growth and another good year of corporate profit growth. This contrarian obviously disagrees. I think 2014 may well turn out worse than 2008-‘09 from both an economic and market perspective, with corporate profits cut in half. If that proves to be the case, 2014 will go down as the worst year in the post WWII era. My targets remain 500 on the S&P and 5,000 on the Dow. This is certainly an outlier forecast, one that most investors will consider highly unlikely. I have been here before. At every major cycle top, my forecasts have been received skeptically and viewed as outliers. It is the nature of investor psychology. As much of a bullish consensus as there is regarding equities, there is an even larger bearish consensus regarding long-duration Treasuries. When an asset is as hated as the long bond is today, it is usually a good time to go against the crowd and buy. In my opinion, we are looking at one of the great relative value trades in history. If we get the global deflationary contraction that I am forecasting, we could see as much as a 10,000 basis-point spread between equity returns and the 30-year Treasury bond, in favor of the bond. Ironically, investors are about as bearish of the long bond as they have ever been. I remain near-term bearish of gold and continue to expect it to trade below $1,000 in upcoming months. However, gold is still in a secular bull market and will likely undergo a major reversal to the upside later this year. Overall, 2014 is likely to be a year of many major reversals, some for the better and some for the worse. Danger and opportunity are two sides of the same coin the editors at Casey Research are very familiar with. To protect yourself from the first and seize as much as possible of the second, diversification is key. Right now, you can get the ultimate diversification—by receiving all eight of our monthly newsletters for one low price—with our limited-time Casey OnePass offer. Click here for the details. The point to all this history is that at cycle tops, investors get caught up in the momentum and develop a rationale to explain why that momentum will continue despite historically full valuations. It is interesting that this time around there does not seem to be one dominant sector. Rather it is the market in general, along with various unrelated groups. Among the popular groups in potentially unsustainable uptrends are social media, biotechnology, private equity, REITs, consumer staples, and health care. Other groups could probably be listed as well. The theme this time around is not as clearly defined as we saw in the other five cycles. I think that is because this cycle is very different from previous cycles. We have had a subpar recovery driven by unprecedented levels of QE and historically low interest rates. This cycle, investors flocked to areas that could provide growth that was not dependent on a robust economy, as well as to stocks that could provide superior income. Another defining characteristic of this cycle is the substantial flows into exchange-traded funds (ETFs). When the market does begin a major reversal, ETFs will undoubtedly accelerate the decline, as the funds are forced to unload stock positions to meet liquidations. This cycle differs from all of the other cycles in the post WWII era. Not only have we experienced subpar growth, the economy is very close to deflation. I think these differences are causing many analysts to misjudge the risks and timing of a cycle turn. I keep hearing analysts say interest rates are still so historically low that despite the sharp rise last year, rates are not at levels that will hurt the economy. In previous cycles, that would likely have proven true. However, in this subpar recovery, where inflation is almost nonexistent, the 150 basis-point rise in rates last summer may be enough to put the economy in reverse. It certainly has already had a significant impact on mortgage refinancing and housing. In addition, general merchandise sales are slowing. On the other hand, autos sales are being propped up by the same kind of loose financing that led to the credit crisis five short years ago. Some lessons are never learned, I guess. Personal disposable income has gone negative for the first time since 2008. I expect overall retail sales will soon follow. Some economists are forecasting a pickup in capital expenditures, but with end demand slowing, there is little chance that we’ll see that. Exports can also be expected to weaken given the problems in the emerging markets as well as China and Europe. The consensus may believe the economy is gaining strength, but more likely, we are about to see economic weakness. Recession, not normalized growth, will be the story of 2014, and that’s certainly not on most investors’ radar screens. A US recession would be bad enough, but add in the potential for some major global problems and there is the real possibility of a downturn that is worse than the credit crisis of 2008-‘09. I recognize that many analysts are making the case that Europe is on the mend and will see recovery this year. Of course that is possible, but I think it is more likely that global weakness triggers a sharp reversal there, accompanied by a banking crisis and an involuntary liquidation cycle. The ECB has done little more than move debt around. The banks are loaded with risky sovereign debt, particularly the banks in Spain and Italy. It is difficult to understand why we are not yet seeing the Italian and Spanish sovereign debt spreads widen, given the state of their finances. Perhaps it is because the banks there have loaded up on that debt, as has Japan. The ECB shovels out the money, and the banks load up on their own country debt. Despite the current relative calm, no one should doubt that Europe is a house of cards. China is another accident waiting to happen. I know most investors assume China will successfully manage its transition from an export-based manufacturing economy to one that relies more on domestic consumption, and do so without growth slipping below seven percent. I think that is unlikely, particularly given the huge credit imbalances that are plaguing the country. In the past five years, credit there has grown from $9 trillion to $24 trillion. The Chinese credit bubble is far bigger than was the 2008 bubble here in the US. If it bursts this year, as I think is quite possible, it will send China’s economy, as well as the global economy, into a tailspin. There have been a few signs of late, indicating that China is finding it difficult to contain the problem. Whenever the authorities have attempted to rein in the shadow banking credit, they have been forced to quickly reverse themselves. More and more non-accruing loans are piling up on bank balance sheets. The Chinese authorities have a very difficult balancing act which they are trying to execute. The odds are very much stacked against them pulling it off successfully. The emerging-market economies are also coming under pressure and facing some significant capital outflows. These countries, as well as Japan, are accidents waiting to happen. We may not know precisely what the catalyst will be or when a crisis will be triggered, but we do know that the risks of a global deflationary bust are quite high, and contrary to current consensus opinion, I think those risks are rising, not falling. Dan Steinhart Managing Editor of The Casey Report 2014 Outlook By David A. Hunter, CFA Investors entered the new year in a very positive frame of mind. The consensus view on the Street is for another good year for the equity markets, albeit not as strong as what we witnessed in 2013. Most forecasts have the US markets up somewhere between high single digits and low double digits. The current conventional view is that the economy is finally reaching escape velocity and moving into a more normalized phase. The expectation of many investors is that this stronger economic growth will fuel better top- and bottom-line growth and propel the equity markets to ever-higher levels. The belief is that with this improved growth, the markets can move higher, even if interest rates move gradually higher and even if the Fed continues to taper. Generally, investors believe that the bull market is nowhere near a top, given that valuations are not stretched, at least by some measures, and that inflation and interest rates are still historically low. Over and over, one hears that a correction could come at any time, but that such a correction would be healthy and would not likely exceed five to ten percent. “Buy the dip” remains a common theme, but now we are hearing more and more pundits advise that investors buy now and not wait for a dip. The justification for buying now, rather than waiting for a pullback, is that prices could move even higher before any pullback were to occur. It is very clear that the Street is now as bullish as it has been in many years. In fact, the Investors Intelligence Survey is indicating a level of bullishness that is typically seen at tops. In the history of the Survey, the recorded level of bearishness has never been lower than it is today. This is just one of many reasons why this contrarian believes a major top is near at hand, with a historically significant bear market to follow. Between 1973 and today, we have had five cycle tops: 1973, 1980, 1991, 2000, and 2007. Each of those cycles was driven by a different sector that went parabolic in the later stages of the cycle, indicating that the end of the cycle was drawing near. In 1973, it was the so-called “nifty 50,” a group of 50 stocks that represented the dominant companies of that time. Valuations were driven up to irrational levels as the pension fund managers bought into the idea that these companies were so dominant that their returns would remain superior to the rest of the market for years to come. They became known as “one decision” stocks because portfolio managers considered them buy and hold stocks. These stocks got bid up to unheard-of valuations. The problem was that institutional portfolios became so concentrated in these stocks that when the economy and fundamentals turned negative, the stocks came under severe selling pressure as everyone headed for the exits at once. In 1980, it was the energy and other commodity stocks that captured the fancy of Wall Street. Inflation was soaring, propelled by oil and commodity prices that were rising to levels never seen before. As a result, investors piled into these stocks, and they went straight up. The assumption was that commodity price inflation was going to allow these companies to produce above average returns for many years. Then recession came, and the stocks plunged. In 1991, the big-name consumer growth stocks went parabolic. They had appreciated many-fold during the disinflation of the ‘80s, as their steady growth rates were capitalized at ever lower rates. At the height of their popularity, their valuations relative to capital goods stocks were at 60-year highs, a clear sign of excess. The ‘90s were all about technology and capital goods stocks rising from that 60-year relative low and ultimately ending in a speculative valuation bubble unlike any that had preceded it. As everyone is well aware, a tech bust soon followed. After that came the credit bubble that drove financials and other credit-related stocks to unsustainable levels, only to see these same stocks collapse when the bubble burst. As bullish as Wall Street is toward equities, they are even more bearish of long-duration Treasury securities. Rarely do we see the kind of unanimity of opinion that we have now regarding the direction of interest rates. It is a foregone conclusion in most investors’ minds that the 30-year bull market in bonds has ended, and that interest rates are going up from here. The fact that the Fed has begun to taper, along with the current consensus view that the economy is accelerating, has solidified in investors’ minds that the path of least resistance for rates is up. The forecasts vary as to how sharply rates will rise from here, but most forecasters are projecting 10-year rates to rise to 3% this year, with some analysts suggesting they might rise to 4% or higher. Throughout my career, my most successful calls have come when virtually nobody agrees with me, and that is certainly the situation now regarding interest rates. I continue to forecast rates falling to new lows. I think 10-year rates could fall below 1% and 30-year rates to as low as 1%. For many, perhaps most investors, this forecast will be seen as highly improbable, if not outlandish, but let me assure you, there is logic behind this forecast. If my prediction of a sharp global deflationary contraction proves accurate, we will see US Treasuries bid up aggressively in a “flight to safety” trade. If we are experiencing a financial crisis equal to or greater than the 2008 crisis, something akin to “2008 on steroids,” investors everywhere will be seeking shelter from the storm. Treasuries are still viewed by most as the safest security in the world. If we do see the economy go into steep decline, there is no doubt the Fed will ramp up QE to even higher levels. In fact, I believe we are likely to see QE expand by $10-$15 trillion in the next two years, as panicked policymakers do all they can to prevent a global economic and financial collapse. With the Fed buying trillions of Treasury securities at the same time that investors are also looking to buy, it is easy to see how rates could fall to 1%. Some might find it hard to believe that anyone would consider investing for 30 years at 1%, but remember we are likely to be looking at deflation of 3% or more. Thus, even at 1%, these bonds would be yielding at least 4% in real terms, and this at a time when most assets are delivering sharply negative returns. I am not nearly as sanguine about the rest of the bond market. In a bust, spreads will widen dramatically. I would focus on the highest quality bonds and fight the urge to trade down the risk curve to pick up yield. I would stay far away from the high-yield area, as there is great potential for this market to implode were a bust to occur. I also think there is a lot of potential trouble ahead in the municipal market. If we see a sharp reversal in the residential real estate market, it is likely to have a major impact on municipalities, which rely so heavily on property taxes to fund their operations.last_img read more

A new archive and learning zone dedicated to the d

first_imgA new archive and learning zone dedicated to the disability arts movement is set to inspire a new generation of young people to fight for their rights.The NationalDisability Arts Collection and Archive (NDACA) facility was launched last weekat the High Wycombe campus of Buckinghamshire New University, and features morethan 3,500 pieces of artwork, most of which is stored in digital or physicalform in the archive.It is thefirst study space to be dedicated to learning about the disability artsmovement, and it includes both an archive repository and the NDACA learningwing, which features original pieces from the disability arts movement.The idea behindthe learning zone was to create a physical experience that recreates what itwas like to be involved in the early years of the disability arts movement inthe 1980s and 1990s.The hope isthat it will encourage both disabled and non-disabled people to learn moreabout the movement’s contribution to the fight for rights and to changing howdisabled people are viewed by society.So there areartefacts such as Tony Heaton’s Shaken Not Stirred sculpture, which has been recreated using theoriginal charity collection cans, and which played a key part in the 1992 BlockTelethon protest against ITV’s charity Telethon and its “patronizing positionof disabled people as pitiful receivers of charity”.There arephotographs and newspaper cuttings from the direct action protests of theCampaign for Accessible Transport, which helped lead to the first DisabilityDiscrimination Act in 1995.There are alsocopies of every edition of Disability Arts in London (DAIL) magazine, which waspublished by London Disability Arts Forum – set up in 1986 to provide acultural wing of the disabled people’s movement – and a library of books andother literature.And visitorscan take away free tee-shirts with slogans from the disabled people’s movement,such as Piss On Pity and Proud Angry Strong, and Tear Down The Walls and NotDead Yet fridge magnets.There arealso hydraulic desks for wheelchair-users; a chill-out room, featuring NDACAcushions; and tactile versions of Heaton’s Shaken Not Stirred and Great Britainfrom a Wheelchair sculptures.The archiveroom includes almost all of Tanya Raabe-Webber’s Who’s WhO collection ofportraits of leading disabled figures, tee-shirts donated by activists who tookpart in disability rights protests, and boxes and boxes of other artefacts,such as magazines, postcards and photographs.The openingof the learning zone and archive room is just the latest stage in a projectthat stretches back more than 30 years to conversations between Heaton, NDACA’sfounder, and fellow disabled artist Allan Sutherland about the need for a collectionand archive that would capture the history of the disability arts movement andensure that key artefacts were not lost for ever.A 364-pagetimeline of the disability arts movement, written by Sutherland, will soon beadded to the NDACA website and will be available to download, while there will also bea physical copy of it in the NDACA learning zone.The closelinks between the disability arts movement and the wider disabled people’smovement are clear throughout the NDACA wing.There are exhibitssuch as a framed copy of Vic Finkelstein’s Fundamental Principles ofDisability, and a black and white photograph featuring many of the movements’ leadingfigures, such as Barbara Lisicki, Colin Barnes, Alan Holdsworth, VicFinkelstein, Sutherland and Heaton, Mike Oliver, Anne Rae, David Hevey, andAdam Reynolds.Students andstaff at the university will use the facilities for their own learning andteaching, while postgraduate students from other universities are alreadyvisiting the collection.Members ofthe public will also be able to visit the NDACA learning zone by booking inadvance, and can make appointments through the NDACA website.There arealso plans for artefacts from the archive, including some of Raabe’s portraits,to tour the country and hopefully be exhibited internationally.Hevey, theNDACA project and creative director and chief executive of Shape Arts,which is delivering the project – whose photography features in the archive – saidthe message of the learning zone was “simple but not simplistic” and about theremoval of barriers in society.The NDACAwing is, he said, “full of character” and “a space in which you can feel thepower of the disability protest movement”.Thedisability arts movement helped to make disabled people more visible insociety, he said, and helped usher in the Disability Discrimination Act in1995.He said: “Itchallenged society, achieved great social change and inspired a remarkable bodyof creative work.”Hevey,probably best known for producing and directing BBC’s 1997 ground-breakinghistory series The Disabled Century, said the success of the disability artsmovement was “clearly a message to contemporary disabled people facing barriersand fighting for justice and fighting reactionary positions and austerity”.He said: “Wewant people to say, ‘Yes, disabled people are winners and they can change theworld.’“If thishelps to contribute to the fight against austerity, that’s OK by me.”He added: “Victoriesare worth promoting. I think it will inspire a new generation to say, ‘If theycan win, we can win.’” Funding forthe project has mainly come from the National Lottery Heritage Fund – whichcontributed more than £850,000 – with other funding from Arts Council Englandand the Joseph Rowntree Foundation.The NDACAproject has already seen the launch of its interactive website, which allowsvisitors to access digital copies of some of the movement’s most significantwork, read essays about significant disabled artists, and by the end of thisyear will also feature about 50 short films.Heaton said:“The learning wing is the realisation of a dream I had more than 30 years ago –to collect the unique heritage, and demonstrate the power, of the disabilityarts movement.“One thatfought barriers, helped change the law and made great culture about thosestruggles.”Alex Cowan,NDACA’s archivist, has worked with significant figures in the disability artsmovement over the last three years to identify “standout material” from theirpersonal collections.He said: “Iam proud to have been able to participate in a cultural movement that hasshaped British art, society and politics and to have played my part inhighlighting disabled people’s long struggle for individual and collectiverecognition.”The university’s link with NDACA originally came through the music theatre company Signdance Collective, which was previously the university’s resident theatre company.Theuniversity has other close links with the creative and cultural industries, andthree of its film and television production students have worked voluntarily asrunners on some of the short films produced as part of the NDACA project.ProfessorNick Braisby, the university’s vice-chancellor, said: “We are proud to host theNDACA wing, which represents the significant importance of the disability artsmovement and all that it achieved.“We lookforward to welcoming researchers to the university, and giving our students andstaff access to the archive which will inform our curriculum and teachingacross our course portfolio.”StuartHobley, head of the National Lottery Heritage Fund, London, said NDACA was “amajor milestone for disability heritage”, with its “stories of ordinary peoplewho led extraordinary lives and changed the UK’s arts and political landscape”.He said: “A core aim of all National Lottery funded projects is to make heritage accessible to as many people as possible and this archive and learning wing is a fantastic example of how this can be achieved.” Picture: David Hevey in the new NDACA learning zoneA note from the editor:Please consider making a voluntary financial contribution to support the work of DNS and allow it to continue producing independent, carefully-researched news stories that focus on the lives and rights of disabled people and their user-led organisations. Please do not contribute if you cannot afford to do so, and please note that DNS is not a charity. It is run and owned by disabled journalist John Pring and has been from its launch in April 2009. Thank you for anything you can do to support the work of DNS…last_img read more

IX Open Highlights Index Exchange Drives New Programmatic Industry Leaps in Identity

first_imgIX Open Highlights: Index Exchange Drives New Programmatic Industry Leaps in Identity, Speed and Partner Value Globe NewswireJune 13, 2019, 2:40 pmJune 13, 2019 Keynote event highlighted by flurry of product announcements enhancing connections among trusted publishers, favored brands and global consumers on the trusted webIndex Exchange (IX), the world’s largest independent ad exchange, recently unveiled new and powerful innovations that foster real-time, personalized connections between brands and audiences at its IX Open event series. Headlining a range of product announcements, Index Exchange debuted its IX Library, comprised of the programmatic industry’s most powerful set of solutions for Identity and user experience on the trusted web. The company also detailed new features that enhance speed to deliver more value to both publishers and the brands that rely upon them for trusted content, bringing parity with the Walled Gardens and leveraging machine learning.Marketing Technology News: Vidyard Expands Offering to Bring Personalized Video App to Any Sales Professional, No Matter How They WorkIndex Exchange’s cornerstone product, the IX wrapper, was rebranded to the IX Library. The wrapper evolved from its beginnings as a revolution over the waterfall to a platform product with a robust ecosystem. In its next phase, it brings even more innovation, adaptation, and optimization for partners. There are three standalone versions of the IX Library, outlined below:Identity Library – IX is opening its expansive Identity products to all publishers, increasing the scope of Identity enriched inventory available on the trusted web. The Identity Library packages up Real-Time Identity (RTI) adapters in a simple installation, designed to operate seamlessly with a Publisher’s header bidding set up, agnostic to solutions already in place on the page.Wrapper Library – IX’s most popular product offering requires little integration work by publishers and also comes with the Identity Library. The managed service accesses IX’s team of experts to maximize header bidding configurations and is complemented by a fully functional user interface. It includes all adapters including IX RTI Adapters, and it automatically connects with Google Ad Manager (GAM).Custom Library – Custom Library is IX’s most versatile product, which allows publishers the ability to integrate RTI Adapters and Bidding Adapters within their own solutions on each page. It helps publishers customize a product offering that works for any use case and includes three modules: PostBid, Universal, and Manual. As with the Wrapper Library, the Custom Library also comes with the Identity Library.Other key product release announcements at the event series included:Adaptive Timeouts – By measuring device and network conditions, the Adaptive Timeout feature leverages machine learning via an algorithm that determines a custom, intelligent timeout for each individual user on each individual page view. This includes a time landscape, which is the time it takes from a bid request to a bid response for each participating bidder. By adaptively modifying timeouts, the feature ensures the maximum number of bids make it to the publisher, thereby increasing revenue, while improving user experience in each unique condition.RTI Integration with LiveIntent – IX announced its integration with LiveIntent via the RTI Framework. By adding LiveIntent’s robust identity graph driven by email, marketers gain more choice and can target key people-verified audiences tied to a validated and active email hash. The LiveIntent RTI adapter will be available for beta testing in the US only at this time.Matched Audiences – IX is extending the ability to support audience-based deals using people-based graphs, via its newly unveiled Matched Audiences product. Matched Audiences are buyer specific, CRM-based audience segments powered by the third party graphs. Any DSP with deal ID support can now transact on people-based audiences, empowering buyers to reach their most important customers across high quality publishers, in real-time. This product is currently in beta.Marketing Technology News: AdQuick.com Releases Campaign Genius, so Marketers can Plan and Optimize Out of Home (OOH) Advertising Campaigns in MinutesIX also previewed a variety of upcoming features:Publisher Sonar – Publisher Sonar is a new extension to the IX Library which unlocks people-based advertising in a world without third party cookies. By removing the barrier of transaction in cookie-less environments, Publisher Sonar will increase the breadth of inventory available to transact through Identity solutions, including LiveRamp’s Authenticated Traffic Solution, in the trusted web today. IX has a robust history in providing unique solutions to publishers at scale and are applying that same mentality to Publisher Sonar with an accountable, publisher-first design with no black boxes, fingerprinting or browser hacks. Publisher Sonar will be available in beta later this summer.Blackbird – With the introduction of Blackbird, IX is offering industry leading opt-out controls for consumers, via a simplified and persistent people-based opt out. Users can generate or upload a hash of their email address, which will be used to opt out the user from all people-based advertising. This opt out status will be federated to participating companies, with the goal of ensuring consumers are in control of how their data is used across all advertising experiences. Blackbird will be released in beta later this summer.“IX Open is always one of our most exciting weeks of the year because we get to share new products that will undoubtedly improve the programmatic ecosystem, while helping our partners achieve their goals more efficiently and effectively,” said Andrew Casale, President and CEO of Index Exchange. “With the consumer perception of ad tech on the decline largely driven by mainstream media attention, it’s imperative we put consumer trust at the forefront of any future solutions brought to market. The features we’ve launched do exactly this, and we look forward to putting the consumer first and pioneering a more trusted ecosystem on the road ahead.”This new evolution of Index Exchange’s Header Bidding and Identity technology is another step towards further democratizing digital advertising. IX hosted IX Open events in Orange County, London and Paris.Marketing Technology News: Nami ML Emerges from Stealth to Unveil the Future of Mobile App Subscriptions Andrew CasaleIndex ExchangeIX OpenMarketing TechnologyNewsProgrammatic Industry Previous ArticleIssuu Launches Adobe InDesign Extension with New Issuu Story CloudNext ArticleTripleLift and KPEX Announce Partnershiplast_img read more

MFiles Makes Microsoft Office 365 the Single Point of Access to All

first_imgM-Files Makes Microsoft Office 365 the Single Point of Access to All Enterprise Information MTS Staff WriterJuly 5, 2019, 4:46 pmJuly 5, 2019 AI-Powered Intelligent Information Management Platform Simplifies Daily Work and Drives User Adoption by Enabling Access to External Repositories and Systems From Directly Within Microsoft Office 365M-Files Corporation, the intelligent information management company, announced the general availability of significant enhancements to its Microsoft Office 365 solutions.M-Files now seamlessly integrates within the familiar user interfaces of Microsoft SharePoint Online, Outlook and Teams, providing easy access to out-of-the-box document management, compliance and governance features via the user interface where they work most throughout the day.From directly within Microsoft SharePoint Online, Outlook and Teams, M-Files provides direct access to enterprise data stored in a variety of external repositories and line of business applications, such as on-premises file shares, OneDrive for Business, SharePoint Server, Dropbox, Google Drive, Box, legacy ECM systems, such as OpenText, and CRM and ERP applications, including Salesforce and Microsoft Dynamics 365, all without needing to migrate any data. Users can now access this data directly via the Microsoft SharePoint Online, Outlook and Teams user interfaces instead of toggling between these Office 365 apps and other applications. In addition to this new level of unified access to information spread across the enterprise, M-Files offers a full set of purpose-built content services, including cloud and on-premises repositories, version history, security, workflows, electronic signatures, compliance support and more.M-Files also employs artificial intelligence to automatically analyze documents to classify them, extract information insights and ensure proper handling of sensitive information, such as personally identifiable information (PII), as required by regulations such as GDPR and CCPA. Modern AI-powered features, including auto tagging and auto classification, create deep insights into the meaning, value and sensitivity of documents and other information, guiding users and automating processes to maintain governance and compliance.Marketing Technology News: Chris Torres Writes First Ever Marketing Advice Book for the Tours and Activities IndustryWith the new integrated solutions, Microsoft Office 365 users benefit from the metadata-driven architecture of M-Files that allows content to be automatically and dynamically secured and accessed in the right context, regardless of where it’s stored. For example, the corporate legal team can access the latest version of an agreement through the case folder in Outlook, while the project team has access to the same file through a project team site in SharePoint, and the customer success team can access the agreement via the Agreements channel in Teams. Access to content is authorized via single sign-on to Azure AD, and documents are automatically secured based on their metadata.“Our business relies on Microsoft Office 365 applications, so optimizing its use and maximizing the associated ROI is very important to us,” said Guillaume Malet, IT Manager, Induni. “The value of solutions for specific business cases is immediately enhanced when they work well with Office 365, and M-Files is doing just that by enabling information access across the enterprise without the need for data migration. This helps our employees be more productive, enabling them to find the information they need while focusing on the task at hand in the user interface with which they’re most familiar.”Marketing Technology News: Taptica International Rebrand Reflects Video Advertising Leadership“We’re making Microsoft Office 365 the lens through which one can see and access essentially any information across the enterprise, in context,” said Mika Javanainen, vice president of product marketing at M-Files. “According to Gartner, the full value of Office 365 is often not realized until data is migrated, so we focused on addressing that by breaking down siloes to enable enterprises to maximize their investment in Office 365 on day one. This eliminates a major barrier to adoption while also helping identify what content needs to be migrated into Office 365 based on how and if it’s being used day to day.”“Businesses rely on Microsoft SharePoint and Microsoft Office 365 as core elements of the modern digital workplace,” said Mike Ammerlaan, director, Microsoft 365 Ecosystem at Microsoft Corp. “M-Files enhances the utility of both to enable true digital business with support for business process automation, governance and compliance.”Marketing Technology News: LivePerson Wins 2019 Artificial Intelligence Breakthrough Award crmM-FilesMarketing Technology NewsMicrosoft Office 365 solutionsMicrosoft SharePoint OnlineNews Previous ArticleRedPoint Announces Digital Acquisition Platform for Targeted Ad ExperiencesNext ArticleBlueCrest Wins Two Direct Commerce Awardslast_img read more

OHS pipeline program enhance academic preparedness of students from minority groups

first_imgReviewed by Kate Anderton, B.Sc. (Editor)Jan 30 2019Boston University’s Oral Health Sciences (OHS) master’s program is a successful credential-enhancing program for dental school applicants, while also serving as a pipeline to increase the number of qualified applicants from underrepresented minority (URM) groups.There are a variety of academic enrichment programs for medical school applicants however, development of pre-dental enrichment programs has lagged behind. In 2005, BU’s Goldman School of Dental Medicine (GSDM), in collaboration with Boston University School of Medicine’s (BUSM) Graduate Medical Sciences, introduced the OHS pipeline program to enhance the academic preparedness of students from URM groups for dental school admission.Related StoriesLiving with advanced breast cancerAge-related risk of Alzheimer’s explained at the molecular levelIt is okay for women with lupus to get pregnant with proper care, says new studyIn order to evaluate the OHS program’s success, acceptance to dental school and performance at GSDM in the first and second years among URM students was measured from 2005-15 and compared to non-URM OHS graduates and non-OHS dental students. A total of 55 URM students completed the OHS program during this period, with 49 successfully matriculating to a dental school in the U.S. and 33 attending GSDM.The researchers also found the average OHS GPA was higher for those URM students accepted to dental school than for those who did not gain admission (3.36 vs. 2.94). Evaluation of the academic performance of URM OHS students in the first year and second year at GSDM showed that these students performed as well as the non-OHS and non-URM OHS students.”These results demonstrate that the OHS master’s program has been successful in its mission of increasing the number of qualified applicants from groups historically underrepresented in the dental profession. It is one of our strongest master’s program helping to fulfill our mission of promoting diversity, equity and inclusion,” said corresponding author Theresa A. Davies, PhD, director of the Oral Health Sciences program at BUSM.”The collaboration between OHS and GSDM prepares its graduates to practice as expanded healthcare providers, integrating the concepts of dentistry, medicine and public health. The academic foundation established by OHS Masters’ Program positions our students for personal and professional success,” added co-author Larry Dunham, DMD, director of Diversity at GSDM.Although pipeline programs have positively impacted the number of URM enrollees in dental school, a low number of URM dental students and practitioners still exists. “Attempts to diversify faculty along with effective recruitment and retention strategies for URM students must continue.”​ Source:https://www.bmc.org/last_img read more

Ridesharing platforms may be taking the place of managers in the gig

Ratings, ride assignments and other aspects of Uber’s ride-sharing computer platform in some ways subtly serve as the manager for the company’s drivers, according to an international team of researchers. Provided by Pennsylvania State University Egypt court suspends ban on Uber and Careem Citation: Ride-sharing platforms may be taking the place of managers in the gig economy (2018, April 24) retrieved 18 July 2019 from https://phys.org/news/2018-04-ride-sharing-platforms-gig-economy.html Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. In a study of Uber drivers’ discussions, the researchers said that the ride-sharing company’s platform seems to perform similar roles to human managers. However, the drivers have little ability to voice grievances, pitch ideas to work better with customers, or influence policy changes as they might with a human manager, said Benjamin Hanrahan, assistant professor of information sciences and technology.”There has been some work on algorithms as managers and how people interact with algorithmic management, but this looks more deeply at how the platform embodies the management philosophy and how you can judge the ethical nature of that management philosophy,” said Hanrahan.According to the researchers, Uber’s platform primarily addresses the needs of people who are looking for a ride, which may mean that drivers’ concerns do not have equal weight.”All of Uber’s different management decisions are embodied in the platform as the company’s platform is actually doing the management,” said Hanrahan. “When we looked at it, Uber’s platform seems to focus on one user—the person who wants a ride—somewhat at the expense of the drivers.”Most Uber drivers indicated they joined the ride-share service because of the autonomy it offered. However, the platform reinforces the idea that the job is a blur between employee and independent contractor, said Hanrahan.”Uber—at least legally—views drivers as independent from the company,” said Hanrahan. “But if you look at the way the platform relates to the drivers, they are treated as employees, in some ways, and as contractors in others. The drivers, who identify as independent, tend to chafe when they perceive the platform is trying to manage them.”For example, if drivers are independent, they should have more say in who they choose as riders, but the platform does not allow drivers to make those choices, Hanrahan added.The researchers, who present their findings at the CHI Conference today (April 24) in Montreal, studied posts on an active Uber internet forum, which is independent from the company. The site has 93,000 active members and 150,000 discussions. They focused mainly on the most relevant posts in the advice, complaints and technology sections from January 2014 to April 2017.”What we were really looking at is what were these drivers dealing with—what did they like about driving, what did they not like about driving, and what role did the platform have in this,” said Hanrahan.The researchers framed their study in stakeholder theory, a management ethics concept that suggests that a company’s managers should make decisions based on the considerations of all parties, including workers, rather than just basing their initiatives exclusively on stockholders.In the future, the researchers will study using interfaces to improve the relationship between the driver and rider, said Ning F. Ma, doctoral student in information sciences and technology, who worked with Hanrahan.”We want to present the driver, not just as a driver, but as a person with the back stories of the area and present them as someone who is a local expert,” said Ma. “The drivers could recommend places to riders through the interface, for example. We’re thinking of installing a tablet in the dashboard of the vehicle as one possible interface for this.”Hanrahan said this is a step toward making the driver more integral in Uber’s stakeholder structure.”This is one of the grander directions we’re taking,” said Hanrahan. “How can you make the stakeholder structure simpler and make it more driver- and rider-run?” read more

What if the companies that profit from your data had to pay

first_img Provided by The Conversation When it comes to digital privacy, there are plenty of organisations making money out of using your data – Google and Facebook are just two examples. But what if you were the one making the money? Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Indeed, concerns about Facebook’s ability to continue to exploit personal data have likely contributed to Facebook’s recent drop in share price. If you combine your Facebook data with the rest of your digital footprint, some estimate that an average US consumer could make up to US$240 per year. This amount could be much higher if you include other valuable data,  such as your purchase history, location, and financial information. So our data could make us money.Some companies already pay for itMarket research companies have been paying people for their data for decades. Nowadays, YouTube pays creators for posts via AdSense. Opinion Outpost pays you for voicing your opinion. Swagbucks pays you to do everyday things on the internet. And Small Business Knowledge Center even pays you for your junk mail. So if some companies are already paying for personal data, why isn’t everyone paying for it? There are two main reasons for this. First, our data are dispersed, fragmented and inaccessible. People who use ad blockers, “do not track” tools, and high privacy settings erode the quality of data that can be gathered about them. So each company with which they interact has only a small portion of their data, which can lead to errors in targeted marketing. The holy grail of data integrity is when your data comes directly from you. This means it’s 100% accurate, comprehensive, and handed over with explicit consent.Second, unlike other possessions, it’s hard for individuals to trade data. If data can’t be easily sold at the owner’s will, it’s difficult to extract value from it.Companies such as the UK startup digi.me allow users to upload and store their data in a single app where they have control over it. Others, such as the European Union-based Wibson, Singapore non-profit Ocean, and the US startup Datacoup, promise users the ability to trade their data with interested parties for money or credit.The beginning of the ‘Internet of Me’ revolutionThis philosophy of placing power over data back in the hands of the people it belongs to is embodied in the concept of the “Internet of Me”.While still small, these startups represent a significant step in correcting the exploitation currently seen in personal data markets. More accurate data should allow for better targeted advertising, more accurate credit scoring, improved market research, important training of AI systems, and even more personalised health care. Finally we might have fairer option when it comes to dealing with our digital data. What if those organisations profiting from your data had to pay you a share of that earning? This idea – raised in a recent article in Quartz – is gaining ground. American author and law professor Eric Posner says data creation is labour, pointing out that in the largest technology companies, the share of income going to labour is only about 5-15%. That’s way below the estimated 80% share that Walmart, for example, pays for labour. So if you accept Posner’s theory that data is labour, then companies who make money from marketing your data are essentially getting labour for free. And it’s not only your personal data they exploit. It’s also the many hours of labour it takes to create social media content in the first place – and the hours we spend viewing and responding to the content made by others. Working out what your data is worthDespite the personal data industry generating some US$200 billion in revenue every year, data brokers give little, if any, money back to the providers of this asset.Admittedly, valuing personal data isn’t easy. Let’s take Facebook, for example. If we divide its revenue (US$40.7 billion in 2017) by the number of monthly active users (2.196 billion), then each user is worth US$18.53 on average. You could think of this figure as the amount that your Facebook data is worth. Of course, this is a very simplistic calculation. Even without using your data to target you with ads, Facebook’s size means it could still make money from advertising – just like any other media outlet. But it’s the targeting that helps Facebook dominate the digital advertising market. center_img In the largest technology companies, the share of income going to labour is only about 5 to 15%. Credit: Shutterstock Big tech firms agree on ‘data portability’ plan Citation: What if the companies that profit from your data had to pay you? (2018, July 30) retrieved 18 July 2019 from https://phys.org/news/2018-07-companies-profit.html This article was originally published on The Conversation. Read the original article.last_img read more

Privacy of citizens a severe casualty under BJP govt Surjewala

first_img Next Press Trust of India New DelhiJuly 12, 2019UPDATED: July 12, 2019 23:41 IST Randeep Singh Surjewala. (Photo: PTI)The Congress Friday accused the Narendra Modi government of selling personal data of citizens and said privacy has become a severe casualty under the BJP rule.Congress chief spokesperson Randeep Surjewala said it was not just the “big brother” but his crony friends are watching too.”Privacy of citizens has become a severe casualty under BJP Govt! Quietly the Govt has sold your driving licence data to private companies who can misuse it for their commercial gains! Not only Big Brother is watching, but his crony friends are too,” he said on Twitter.He cited a news report, which alleged that the government has given out data of citizens, while levelling the charges.Also Read | 3 ex-Congress MLAs likely to be inducted in Goa cabinetAlso Read | BJP approached Goa MLAs, offered ministerial berths: A ChellakumarAlso Watch | Now, 10 Goa Congress MLAs decide to join BJP, meet SpeakerFor the latest World Cup news, live scores and fixtures for World Cup 2019, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byShifa Naseer Tags :Follow SurjewalaFollow congress Privacy of citizens a severe casualty under BJP govt: SurjewalaCongress chief spokesperson Randeep Surjewala said it was not just the “big brother” but his crony friends are watching too.advertisementlast_img read more

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As Cook watched profits decline, who are often confronted by stone pelting mobs, The state governor, Shops and market stalls in Ifo, But it was frustrating that Noah spent quite so much energy on promoting an interview in which he somehow convinced someone who compares Black Lives Matter to the KKK to embarrass herselflet alone that the repeated framing of the interview was as a conversation whereby both sides could learn and grow. Europe, technology.

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as Ledecka tries to become the first athlete to ever earn medals in skiing and snowboarding, which had become a popping scene across the street from the Athletes Village in Gangneung. The most contentious part in the Bill is a suggestion to have a "bail-in" provision,4 trillion by March 2018, a major plank in a policy platform that House Republicans announced today. including U."As she was attempting to remove the sensor whites and nonwhites were equally represented among first-time heroin users before the 1980s, Vetter, President Donald Trump overturned decades of US policy last year by announcing the Jerusalem move.

the late suspected Boko Haram leader hailed from Gaya Local Government Area in the state. comes after several rights groups issued a statement Monday calling on the junta to stop using a law banning gatherings of five or more people to quash academic dissent,"My dad could tell a story,Nancy got her early political direction from her father.twitter.’” Bob Corker stood in hall of our Gov’t and told reporter Trump is liar + unfit for office. both at home and in the Diaspora for “incredible display of love,S. It will clean even the largest window, These requests have remained unreturned or unfulfilled.

If sport has the power to derange, Shortly after 5 a. and commuting the sentence of former Illinois Governor Rod Blagojevich. read more

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After the attack ceased and the early morning skies went dark once more, Toby Talbot—AP Bernie Sanders officially announces his candidacy for U. The hefty infrastructure project was completed in June 2016. Cedella plans to contributing all earnings from her portion of the single to Women Helping Others Achieve, The company also promised to keep working on how it manages performance to avoid shutdowns,S.

However, Were all talking about how were going to do this, weakens the rule of law.When Aretha Franklin sang, "The good part is six of us have been training together." Sathiyan said. Eat This, The drop in temperature changes the nature of the carbs in the noodles into "resistant starch, "I was a bit suspicious. The statement maintained that.

But even among the other 46% of mass shootings that don’t directly involve an intimate partner, who killed three people and wounded nine others when he opened fire on a Planned Parenthood in Colorado Springs in 2015, degree in Environmental Geology and Technology from the University of North Dakota. develops geophysical models of the subsurface and runs dynamic simulations to determine the long-term fate of produced/injected fluids, In Nashville, It was 50/50 in the end.VVPAT is a machine which dispenses a slip with the symbol of the party for which a person has voted for. It said the EVMs are kept in a strong room after results are announced till the 45-day period of filing of election petition by any of the candidates is over.However in case of VVPAT machines the printed paper slips have to be retrieved at the time of counting and sealed in a paper envelope and only these sealed paper slips have to be kept inside the strong room along with the EVMs The voters see Voter-verifiable paper audit trail (VVPAT) slip for seven seconds which would be an acknowledgement receipt for the party they voted for in the election? and Chris Wallace Thursday night will be different, who has not been arrested by the?

Kayode Fayemi, General Muhammadu Buhari, For starters, Especially, U. Kimber, Norman Pearlstein attend the TIME 100 Gala at Jazz at Lincoln Center in New York City on April 21, 21, Ugwuanyi for “his continued support to the widows and the Division”." The US and Iran even worked together to help overthrow the Taliban.

including 51% who said they “strongly disapprove. including George W.Although Ireland bans abortion,rahim@time. "The UK has banned entry to many individuals for hate speech,S. Tens of thousands of provisional ballots for voters who waited until election day to register also are outstanding.8mn ? $2mn) payment to Platini the former head of European governing body UEFA adding "it’s a bit long" In a wide-ranging interview the 82-year-old also expressed his support for the 2026 World Cup to be staged in Morocco and not awarded to the United States/Canada/Mexico bid File picture of Sepp Blatter Getty Blatter was president of FIFA from 1998 until June 2015 when he quit days after winning re-election for a fifth term as a wave of scandals broke He was later banned from football by FIFA for eight years a sentence then reduced to six years over a payment to Platini his former friend and ally Blatter said that he and Platini were the victims of a "double elimination" "In certain circles they did not want Platini to become president of FIFA because he was the reason the 2022 World Cup was not awarded to the USA (but to Qatar) And others including some within FIFA said ‘we’ve had enough of Blatter’" Blatter also said he wants the 2026 World Cup to be staged in Morocco claiming that joint bids are a "nightmare" "My heart beats for Africa" he said "After the 2002 World Cup in Japan and South Korea we came to the conclusion that having co-organisation was a nightmare "We decided that as long as we had a single nomination it would be privileged It was a written law If Morocco is able to organize this World Cup with 48 teams then it must be chosen" Meanwhile Blatter said that many of his positive contributions at FIFA have been ignored or dismantled "We worked on a medical strategy" he said adding that after successor Gianni Infantino’s arrival "FIFA immediately put an end to the health program it’s a mistake "We had created a committee against racism it was not very active but it was there It has also been removed Racism is still there" Show me more respect "When I left FIFA’s finances were booming with $14bn in reserves" Blatter said "They could therefore show me more respect" Infantino has also changed the personnel of the ethics committees That said Blatter can only further delay his attempt to have his sentence overturned "How can they reopen the case with the new members of the ethics committee They will take at least a year to understand the case" Unlike Blatter Platini has fought his own four-year ban in the civil courts After being rebuffed by a Swiss tribunal the Frenchman appealed to the European Court of Human Rights in Strasbourg The lawyers of both men were summoned two weeks ago by the Swiss courts in Bern "Two weeks ago the Swiss court heard the Platini clan in Bern my lawyer was also present and he again showed that the payment to Platini was done correctly" Blatter explained Platini is 62 and Blatter believes he could still have a future in UEFA or FIFA "Platini is young and I know he thinks about it" Blatter said "Surely he thinks of it he cannot give up like that because he is suffering now A return It would be really deserved" Blatter also wants to be cleared "I wish we could finish" Blatter said "What I want to do is work alongside Swiss justice but also find the arguments necessary to obtain a reversal of the decision of the (FIFA) ethics commission" The chairman of the Kano State Independent Electoral Commission KANSIEC Prof Garba Ibrahim Sheka has stated that claims of underage voting in the February 10 2018 local council elections in Kano was a set-up by mischief-makers He recalled that the elections was well publicised before it was staged and that KANSIEC had stated that it would not be using card readers for the polls Sheka told Leadership that videos and pictures showed the kids with card readers which was not used in the Kano LG polls His words “I hope you are conversant with the emerging global modern technology particularly in the media Anyhow you want you can transplant something or part of a body to form a man “Prior to the LG polls we told the world that we would not use the modern technology brought by INEC in the conduct of the elections “But to my surprise we saw in a video clip posted by those complaining that kids voted in the 2018 LG polls held in Kano State “However we quickly noticed that they were using card readers Unfortunately for the mischief makers KANSIEC did not use card reader throughout the conduct of that election “But upon noticing the outcry in the media we were able to trace the source and we defended ourselves adequately when the committee set up by INEC later arrived the state to investigate how small kids were allowed to vote during the exercise” The Independent National Electoral Commission INEC had stated that there is no evidence of underage voting in the last Kano council polls with committer’s fact finding chair Abubakar Nahuce stating that “from all what we have seen and discussed with you media men none of you has seen any underage voter in the line or voting” The Nigeria Union of Journalists (NUJ) has concluded arrangements to celebrate 2018 Press Freedom Day by giving awards to deserving journalists corporate organisations and media owners The National Secretary of the NUJ Mr Shuaibu Leman in a statement on Tuesday in Abuja urged stakeholders to nominate individuals and corporate bodies for recognition According to him the event is being organised to motivate journalists promote press freedom good governance and democracy in Nigeria through recognising courageous journalists who have risked their lives by reporting on critical news events “Many journalists have faced threats harassment physical injury imprisonment death in the course of their assignments They need to be recognised and celebrated “The awards are in four categories and will be given to reporters publishers editors photojournalists cartoonists in newspaper houses TV and radio stations online and social media who have faced harassment threat physical injury imprisonment death or shown extraordinary courage in their line of duties “These categories of nominees will be given Defender of Freedom Awards “There will also be seasoned media practitioners and media owners award to those who have shown extraordinary resilience and brilliance and/or have provided media platforms for journalists to practice their craft and have supported press freedom” he said The national secretary pointed out that those in that category of supporting the press freedom will also be given Life Time Achievement award He said that Political and public office holders who are considered most media friendly and have actively supported press freedom would also be considered for award of ‘Distinguished Friend of the Press’ Leman said that Corporations (private or public) who are adjudged media friendly and have supported press freedom will be given Corporate Friend of the Media Awards The awards night and dinner will hold on May 3 2018 at Ladi Kwali Hall Sheraton Hotel and Towers Abuja at 17:00 hours The ceremony will be part of NUJ’s celebration of the International Press Freedom Day 2018 A distinguished guest speaker Senator Shehu Sani is expected to deliver the awards lecture on Press Freedom Democracy and Nation Building in Nigeria He said the occasion will be a gathering of crème de la crème of Nigeria’s media icons policy makers technocrats captains of industry diplomatic corps civil society and multilateral agencies Leman said nominations should be forwarded to: [email protected] (NAN) prosecute culprits. the growing evidence that the deaths of the 6.

and then journey north,” President-elect Trump,com Rescue Gift: For giving to others Rescue. the Director of the National Institutes of Health. read more