had this dress in my hand on friday to buy, regretting not buying it now....
Tuesday, April 27, 2010
Economic ReCoverY
It seems that Economic Recovery is really imminent. Like really really soon !!!
Let's look at a summary of all the latest reports
Driven by global demand, McDonald’s registers first-quarter profit growth of 11%, topping $1 billion (Wow, McDonald's is actually reaping alot of money!!!)
Abbott's profit declines due to a hefty accounting gain the company reported in the 2009 quarter. (Nonetheless, it is making a lot of revenues from all the drugs and equipments it is selling!)
Morgan Stanley swings back into the black, posting a first-quarter profit of $1.4 billion underscoring a recovery in activity in the capital markets. (Woah, the capital banks are back on their feet)
Yahoo nearly triples its first-quarter profit, topping Wall Street estimates, but sales -- and shares -- don't follow that lead (Even Yahoo? The super-lousy search engine is making money?)
German car maker Volkswagen AG reports a 95% surge in first-quarter profit (That's huge given the scale of the automobile saga recently)
Retailers trade higher; Coach doubles dividend (It seems that people are beginning to shop already)
Coca-Cola's first-quarter net earnings rise 20% as the soft-drink giant makes gains in market share (Its recent investment on the bottling industry is not hurting it much)
Apple Inc said Tuesday that profit rose 90% in its fiscal second quarter as it sold almost 9 million iPhones (As usual, Apple's profits is surging like nobody's business)
Of course there are downsides to the economy recovery such as the automobile saga, the volcanic ashes across Europe that is hurting the convalescence airline industry, Google's breach of privacy and of course, the infamous Goldman Sachs' fraud!
For now, let's just enjoy the good news first okay? Considering that we are finally getting out of all this bullshit for once.
Credits -marketwatch, -thebaglady, -audinorwich, -technabob
Let's look at a summary of all the latest reports
Driven by global demand, McDonald’s registers first-quarter profit growth of 11%, topping $1 billion (Wow, McDonald's is actually reaping alot of money!!!)
Abbott's profit declines due to a hefty accounting gain the company reported in the 2009 quarter. (Nonetheless, it is making a lot of revenues from all the drugs and equipments it is selling!)
Morgan Stanley swings back into the black, posting a first-quarter profit of $1.4 billion underscoring a recovery in activity in the capital markets. (Woah, the capital banks are back on their feet)
Yahoo nearly triples its first-quarter profit, topping Wall Street estimates, but sales -- and shares -- don't follow that lead (Even Yahoo? The super-lousy search engine is making money?)
German car maker Volkswagen AG reports a 95% surge in first-quarter profit (That's huge given the scale of the automobile saga recently)
Retailers trade higher; Coach doubles dividend (It seems that people are beginning to shop already)
Coca-Cola's first-quarter net earnings rise 20% as the soft-drink giant makes gains in market share (Its recent investment on the bottling industry is not hurting it much)
Apple Inc said Tuesday that profit rose 90% in its fiscal second quarter as it sold almost 9 million iPhones (As usual, Apple's profits is surging like nobody's business)
Of course there are downsides to the economy recovery such as the automobile saga, the volcanic ashes across Europe that is hurting the convalescence airline industry, Google's breach of privacy and of course, the infamous Goldman Sachs' fraud!
For now, let's just enjoy the good news first okay? Considering that we are finally getting out of all this bullshit for once.
Credits -marketwatch, -thebaglady, -audinorwich, -technabob
Monday, April 26, 2010
Treasury Yields
Treasury Yields soar high into the sky recently after reports about the payroll have been released.
The yield on 30-year Treasurys briefly came within a hair of 5% before settling back to the 4.75% range. The ten-year note's yield hit 3.9%, driving 30-year mortgages, which are priced off that ten-year note, over the 5% mark.
For the benefit of everyone, yields rise in advance when great news about the job market are released. Why is that so?
It's pretty logical actually. When more people are equipped with a job, they earn a reasonable amount of income and this increase their purchasing power and their marginal propensity to consume. Hence, there is a higher spending rate and the demand will rise as a corollary.
With a rise in demand, prices will increase and this will lead to the infamous inflation.
In the end, the interest rate will be raised to curb inflation.
Or, if you want a simpler explanation, when people are equipped with a job, the unemployment rate will fall and then inflation will settle in, without a shadow of a doubt. End of story.
The speculators have already pronogsticated that there will be a rise in interest rate in the future so they will naturally raise the yields now.
Also, as the yields rise, foreigners will start to invest in their debts because they offer high returns. "Hot money" will start to flow in and the supply of U.S. dollar will drop because foreigners buy these debts with U.S. dollars. Bear in mind.
Then the strength of the U.S. currency will rise for sure, leading to a rise in imports and a fall in exports. That is very bad because it will just to more trade deficit.
The U.S. government already fraughty with a plethora of troubles surrounding its deficit now.
Credits -marketwatch, -elliottwave, -ega
The yield on 30-year Treasurys briefly came within a hair of 5% before settling back to the 4.75% range. The ten-year note's yield hit 3.9%, driving 30-year mortgages, which are priced off that ten-year note, over the 5% mark.
For the benefit of everyone, yields rise in advance when great news about the job market are released. Why is that so?
It's pretty logical actually. When more people are equipped with a job, they earn a reasonable amount of income and this increase their purchasing power and their marginal propensity to consume. Hence, there is a higher spending rate and the demand will rise as a corollary.
With a rise in demand, prices will increase and this will lead to the infamous inflation.
In the end, the interest rate will be raised to curb inflation.
Or, if you want a simpler explanation, when people are equipped with a job, the unemployment rate will fall and then inflation will settle in, without a shadow of a doubt. End of story.
The speculators have already pronogsticated that there will be a rise in interest rate in the future so they will naturally raise the yields now.
Also, as the yields rise, foreigners will start to invest in their debts because they offer high returns. "Hot money" will start to flow in and the supply of U.S. dollar will drop because foreigners buy these debts with U.S. dollars. Bear in mind.
Then the strength of the U.S. currency will rise for sure, leading to a rise in imports and a fall in exports. That is very bad because it will just to more trade deficit.
The U.S. government already fraughty with a plethora of troubles surrounding its deficit now.
Credits -marketwatch, -elliottwave, -ega
*Fashion: Street style XL
I`m back with an XL dosis of Street Style Fashion. This time my focus was most on the models off the runway. we capture working models, in their natural element, as they go about their day-to-day activities - running from casting to casting or job to job. It's their creative way of giving themselves a 'voice' and allowing to be themselves beneath the veneer of makeup and clothes that mask their true personalities. Models may be primarily known for the way they wear other people's clothes, but most off us are more interested in what they select when they're not on the clock. What I like about most about them is that their styles can flip from ultra-edgy to completely commercial in the blink of an eye. It's visible most of them prefer a (even for Spring) simple a black-and-white palette. But most off all they combine pieces from big designer brands with vintage-shop finds like no one else.
Effortlessly Chic All the way!
*Enjoy the ''off duty'' picks*
Sources:
Shoot The Breeze
Who What Wear
Sunday, April 25, 2010
brooklyn, brooklyn take me in.
been to new york and back in less than 48 hours.
definitely worth the trip.
an afternoon in brooklyn with my amazing host rebekah...
goodbye new york city, i will be back soon!
It will pay off
Okay, there's going to be a number of technical terms in this post.
So please bear with me on this one.
I learnt a lot at my workplace so far, during my 1month 16 days stay there.
Although the roles are pretty much repititive, I have tried my best to squeeze the most out of it and to master all the necessary skills that are pivotal for my job.
One of which is to maintain a healthy relationship with the staff from Department B. I will like to emphasis on this because it is extremely crucial, in fact its the ne plus ultra of business, to have healthy relationships with everyone.
Basically, I'm from Department A.
Sorry, I cannot list the name of the departments for security reasons.
So I was issuing the forms today and I realised that I told the PM shift girl that there are 9 important forms left in the cupboard that needs to be distributed by 5pm.
In the end, guess what? Yes, they totally forgot about it and it slipped off my mind as well.
I totally forgot to double check and I only realised it at 5:10pm. Hence, I went around searching for people to pass the forms to but everyone went out for dinner and I was practically floundering because there is simply no one around, including the executives who went out for dinner.
But I tried to maintain a placid persona and I thought I can wait for them to come back and then I pass the forms to them. But it is extremely cumbersome for them to do forms after 5pm because there are a lot of tedious procedures to go through and most of the people in Department B will reject the forms.
At that point in time, I was panicking a bit. I have to admit it.
It was intense but in the end, the guy from Department B is willing to do it.
Thank god I maintained a healthy relationship with the Department B, you never know when you need their help.
To be honest, these people come to our Department for forms every single day and we are the ones issuing the forms to them and we print out the report for them to sign. So we can be mean to them any other day but the problem is that when you need their help, they will do the same to you.
So the moral of the story here is to be nice to everyone for you really never know when you might employ their help.
If you think that you will never meet him or require his help in the future, then you are wrong, very wrong.
Under unprescedented circumstances, you will never know!
At the end of the day, it's your choice.
You can choose the actions, but not the consequences!
So please bear with me on this one.
I learnt a lot at my workplace so far, during my 1month 16 days stay there.
Although the roles are pretty much repititive, I have tried my best to squeeze the most out of it and to master all the necessary skills that are pivotal for my job.
One of which is to maintain a healthy relationship with the staff from Department B. I will like to emphasis on this because it is extremely crucial, in fact its the ne plus ultra of business, to have healthy relationships with everyone.
Basically, I'm from Department A.
Sorry, I cannot list the name of the departments for security reasons.
So I was issuing the forms today and I realised that I told the PM shift girl that there are 9 important forms left in the cupboard that needs to be distributed by 5pm.
In the end, guess what? Yes, they totally forgot about it and it slipped off my mind as well.
I totally forgot to double check and I only realised it at 5:10pm. Hence, I went around searching for people to pass the forms to but everyone went out for dinner and I was practically floundering because there is simply no one around, including the executives who went out for dinner.
But I tried to maintain a placid persona and I thought I can wait for them to come back and then I pass the forms to them. But it is extremely cumbersome for them to do forms after 5pm because there are a lot of tedious procedures to go through and most of the people in Department B will reject the forms.
At that point in time, I was panicking a bit. I have to admit it.
It was intense but in the end, the guy from Department B is willing to do it.
Thank god I maintained a healthy relationship with the Department B, you never know when you need their help.
To be honest, these people come to our Department for forms every single day and we are the ones issuing the forms to them and we print out the report for them to sign. So we can be mean to them any other day but the problem is that when you need their help, they will do the same to you.
So the moral of the story here is to be nice to everyone for you really never know when you might employ their help.
If you think that you will never meet him or require his help in the future, then you are wrong, very wrong.
Under unprescedented circumstances, you will never know!
At the end of the day, it's your choice.
You can choose the actions, but not the consequences!
Saturday, April 24, 2010
Cisco's Winning Router
These ad hoc equivalency benchmarks lingered over the years and have now returned with a vengeance with the Cisco CSR-3 and its outrageous 322 terabits-per-second throughput (Tbps).
So Cisco rolls out this phenomenal router that will obviously feed some of the most expensive bundles of fiber and lots of them.
Every person in China can make a simultaneous video phone call.
Every movie ever made in Hollywood for all time can be downloaded in 4 minutes.
The entire contents of the Library of Congress can be downloaded in one second.
This is all nonsense of course, because the pipes between the router and the data are not big enough to come close to allowing these events. And the ability of hard disks, where such data would be stored, cannot come anywhere near these throughput speeds. Definitely not feasible for sure!
Yes, all of the above mentioned are not realistic but the point is, it has that huge amount of potential, that if the pipes can be enlarged in the future, all these can be easily achieved because the transmission speed is appallingly high.
We all know anything is possible. Nothing is impossible today.
Welcome to the technological age. We all know that Cisco is the Number 1 superpower when it comes to servers and routers but boy do we not know that it can come up with something so ridiculous!
It's ineffable to be honest. It can even be considered as an incandescent breakthrough so to speak.
Did I mention that this thing cost $90,000? Well, considering its capabilities, it is dirt-cheap, trust me! But then again, it was never meant for a consumer, because it will lead to more piracy and illegal stuff being committed along the way with such a powerful router. Who knows what the public will do with it!
Anyway, this router is actually pivotal for super gargantuan businesses that require transmission of data at lightning speed so that all the operations can be run efficiently and smoothly without a single breakdown or lagginess.
An example of which will be DHL where it has to handle millions of orders throughout. This router could help DHL detect where the package is and every metre it has travelled in a second. It can monitor the movement of the package to that very extent!
Impressive isn't it? But, I'm sure it will be subjected to misused in this maladjusted society today. Hackers, social engineers will definitely use it to commit more fraudulent acts and this might even help them to get away because they can transfer data so fast that the system will not even detect it! By the time the system took note of it, the thief would have already been long gone.
Good or bad, you guys decide!
Credits -marketwatch, -arstechnical, -adeel, -westernexperience
So Cisco rolls out this phenomenal router that will obviously feed some of the most expensive bundles of fiber and lots of them.
Every person in China can make a simultaneous video phone call.
Every movie ever made in Hollywood for all time can be downloaded in 4 minutes.
The entire contents of the Library of Congress can be downloaded in one second.
This is all nonsense of course, because the pipes between the router and the data are not big enough to come close to allowing these events. And the ability of hard disks, where such data would be stored, cannot come anywhere near these throughput speeds. Definitely not feasible for sure!
Yes, all of the above mentioned are not realistic but the point is, it has that huge amount of potential, that if the pipes can be enlarged in the future, all these can be easily achieved because the transmission speed is appallingly high.
We all know anything is possible. Nothing is impossible today.
Welcome to the technological age. We all know that Cisco is the Number 1 superpower when it comes to servers and routers but boy do we not know that it can come up with something so ridiculous!
It's ineffable to be honest. It can even be considered as an incandescent breakthrough so to speak.
Did I mention that this thing cost $90,000? Well, considering its capabilities, it is dirt-cheap, trust me! But then again, it was never meant for a consumer, because it will lead to more piracy and illegal stuff being committed along the way with such a powerful router. Who knows what the public will do with it!
Anyway, this router is actually pivotal for super gargantuan businesses that require transmission of data at lightning speed so that all the operations can be run efficiently and smoothly without a single breakdown or lagginess.
An example of which will be DHL where it has to handle millions of orders throughout. This router could help DHL detect where the package is and every metre it has travelled in a second. It can monitor the movement of the package to that very extent!
Impressive isn't it? But, I'm sure it will be subjected to misused in this maladjusted society today. Hackers, social engineers will definitely use it to commit more fraudulent acts and this might even help them to get away because they can transfer data so fast that the system will not even detect it! By the time the system took note of it, the thief would have already been long gone.
Good or bad, you guys decide!
Credits -marketwatch, -arstechnical, -adeel, -westernexperience
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