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About bostonangler

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  1. Bank Story this afternoon! My brother went to Chase...

    At least she didn't say soon!!!!! B/A
  2. You might want to translate it... LOL B/A
  3. I think any politician would never be able to refuse this type of information... In fact every business would kill to get info like this on the public. It is today's gold... They can try to regulate it, but people need to think before they click... This "me, me, me, I need to feel important" change in society is the root of the problem. I go in to people's offices and on their desks, they don't have family and friends photos, they have selfies... It is a weird cultural change.... B/A
  4. Yup, most people are good, but the evil doers never stop... If these people would spend their efforts for positive things it would be a much better world. B/A
  5. In the face of falling stock prices and potentially negative trade deals from the administration of U.S. President Donald Trump, individual retail investors have kept their cool and even added risk. Some fund managers, however, are doing the opposite. The market selloff in February and the March downturn that has followed, pushing stocks into negative return territory for 2018, has apparently made retail investors more bullish. Research shows that so-called mom and pop investors, those investing their own money rather than that of large institutional or pension funds, have added to their stock holdings lately. A recent survey from found 15% of investors contributed more money to stock investments during the February market correction. The majority (60%) intentionally did nothing. Just 6% of investors moved money out of stock-related accounts. (Bankrate reported 16% of respondents didn’t know the correction had happened and another 3% responded to the survey with “other.”) Additionally, data from Jefferies’ Global Asset Fundflows tracker showed that in the week ending March 14, a record $43 billion was pumped into global and U.S. equity mutual and exchange-traded funds (ETFs). U.S. equities alone saw $35 billion of inflows, a record high. “It’s time to de-risk a little bit” But fund managers who oversee large funds holding millions and sometimes billions of dollars don’t necessarily share the enthusiasm. A number told Yahoo Finance that as the talk of the United States instituting tariffs has heated up, along with growing chaos in the White House and the specter of higher U.S. interest rates from the Federal Reserve, they are cutting back on stocks in their portfolios. “I think it’s time to de-risk a little bit. You have to,” said Alicia Levine, head of global investment strategy at BNY Mellon Investment Management, which manages just under $2 trillion in assets. Levine added that she’s “going into cash” as well as upping her allocation to other asset classes. Levine said the onslaught of negative headlines from Washington since last year had made her a bit more cautious. “To me, that’s a left-tail risk that I am not going to ignore and I would tell our investors, ‘You can’t ignore this,'” she said. Left-tail risk refers to the possibility of an event driving down asset prices more than the standard deviation of typical price moves; in other words a significant negative. Hugh Anderson, managing director at HighTower Advisors in Las Vegas, which managers about $800 million, said his firm has been reducing exposure to risky assets like U.S. stocks for about a year. “We’ve increased our cash exposures, added to alternative allocation, reduced U.S. exposure [in favor of] lower cost international markets and taken profits,” Anderson said, noting that he’s reduced his exposure to U.S. assets by about 15%. For Anderson, unwieldy trade and economic policy from the Trump administration could prove the catalyst for a selloff in U.S. equities, but he thinks the real cause will be higher interest rates as a result of the Federal Reserve’s rate hiking cycle, expected to continue this week at the Fed’s March meeting. The increase in U.S. debt – from mortgages, student loans, corporations and the government – has created an an environment untenable with rising debt levels, he said. Other fund managers have not pulled the trigger yet, but stand ready to unload stocks should proposed trade restrictions by the Trump administration become reality and lead to a global standoff between heavyweights like the United States and China. Angus Sippe, a multi-asset portfolio manager at Schroders, said that he remains “fully invested” and positive on global economic fundamentals, but has diversified his current holdings to include commodities and other assets that should benefit from increased inflation. He has also moved to favoring small-cap stocks over large-cap as they should see less blowback from a pullback in global trade. “If we went to a full-scale, full-blown trade war we would be looking to de-risk our portfolios significantly because you get yourself into a stagflationary environment, which is lower growth and higher inflation, which is the eye of the storm,” Sippe said. Asked what “de-risking” means, Sippe responded, “We would be selling equities. … We can’t go to 100% cash, but we would be significantly reducing our equity holdings in the portfolio.” Doesn't always happen this way? The markets go on a run and suddenly retail investors think they cannot lose, then the investors sell and take profits. By the time mom and pop investors see it, their money is gone... B/A
  6. Me neither... Social media is a tool for the very dark side.... I know most people only see the good, but as they say when products or services are free for you, then you are the product... B/A
  7. The FBI probe into possible Russian interference in the 2016 presidential election has reportedly turned its focus on Jared Kushner. Kushner--President Trump's son-in-law and close aide who recently orchestrated the President's trips to Saudi Arabia, Israel, and Rome--is credited with spearheading both the Trump campaign and the data analytics program that delivered the White House. CNN reports the FBI is now looking into that data and analytics operation, as well as Kushner's meetings with the Russian ambassador, Sergey Kislyak, and the head of a Kremlin-affiliated bank, Sergey Gorkov. Kushner has not been named a subject of any investigation, nor has he been accused of any crime or wrongdoing. "Mr. Kushner previously volunteered to share with Congress what he knows about these meetings,” according to a statement from Kushner’s lawyer, Jamie Gorelick. “He will do the same if he is contacted in connection with any other inquiry." (Jamel Toppin for Forbes) Trump top aide, Jared Kushner So what does Jared Kushner have to say about the formidable data operation, which Forbes has previously said tipped the election to Trump? In November, Forbes went into deep detail on this topic with Kushner for a cover story on the little-known facet of the campaign. And Kushner had far more to say than we could include that story. Below are the never-before-published quotes from Kushner, on the Trump campaign and its data strategy. “We found that Facebook and digital targeting were the most effective ways to reach the audiences. After the primary, we started ramping up because we knew that doing a national campaign is different than doing a primary campaign. That was when we formalized the system because we had to ramp up for digital fundraising. We brought in Cambridge Analytica. I called some of my friends from Silicon Valley who were some of the best digital marketers in the world. And I asked them how to scale this stuff. Doing it state by state is not that hard. But scaling is a very, very hard thing. They gave me a lot of their subcontractors and I built in Austin a data hub that would complement the RNC's data hub. We had about 100 people in that office, which nobody knew about, until towards the end. We used that as the nerve center that drove a lot of the deployment of our ground game resources. "We spent a lot of time figuring out how to build a bridge between the Trump campaign and the RNC so that we could analyze the resources they had available. We found that they had a pretty good ground force that we could leverage. We used some of our best practices and some of their best practices. We kept both data operations going simultaneously—and a lot shared between them. And by doing that, we could scale to a pretty good operation." "We played Moneyball, where we were asking, ‘Which states are will be the most cost effective—ROI per electoral vote.’ We used a lot things to get much more bang for the buck… We got rid of a lot of the political people. That's not who we hired. Our best people were mostly people who volunteered pro bono, people from the business world, people from nontraditional fields. We could squeeze the margin so that nobody was getting rich on it. And we only had people who were doing it for the right reasons, not because they wanted to go onto the next campaign, but because they felt passionately about getting Donald Trump elected." "We ran the campaign like a business. We tried a lot of new things. We weren't afraid to make changes. We weren't afraid to fail. I found in politics is people build these big, bureaucratic machines designed not to make mistakes and not to have anyone to blame. We tried to do things very cheaply, very quickly. And if it wasn't going to work, we would kill it quickly. The media would write a quick story saying, ‘They don't know what they're doing.’ But we were just saying, ‘Look, we tried, it didn't work. Move onto the next.’" "We did an analysis about where you spend your money. For example, a market like New Hampshire is a very, very expensive market. So your cost per vote--and thus cost per electoral vote-- is going to be substantially higher than someplace else. Take a market like Florida, we analyzed the different aspects of the state. We did our TV buying, our digital buying, our walking, our phones, all based on geographically. We asked, 'how we can get the best ROI because every vote is the same.' But some votes are more expensive to get. Some votes are less expensive to get. We were very data driven in terms of how we could always judge what the ROI was." "It's a massive startup. We basically had to build a $400 million operation with 1,500 people operating in 50 states, in five months to then be taken apart. We started really from scratch... So you're going to make hiring mistakes... It's just problem solving, problem solving, problem solving. And making quick decisions. And then fixing things that are broken, and then scaling things that are working." "If you're consumer product company, you're going to look at what's your ROI, what's your cost to reach the voter. You have ten different ways that you could reach the potential consumer. You ask, 'How can I get my message to that consumer for the least amount of cost?' We did that and measured that very aggressively. But you also don't want under-touch them or over-touch them… The RNC had a lot of good methodology that they used where we started backwards and say, 'Look, to win the state of Florida, we need to get to X number of votes.’ And then we'd back up and say, ‘How many votes do we have in the bag?’ And we had two different target groups that we had to try to turn out." "We had a very good ground game. The Democrat machine, which we were up against, is a phenomenal machine. After Obama won the first time, they basically just kept the operation in place and kept building on it, building on it, building on it. I was very impressed with the operation that they had. We didn't have the same level of resources. We didn't have the same level of institutional buildup. But what we did have was a lot of very devoted, good people who were just putting their heads down and-- and grinding and getting the work done." What a complete mess... B/A
  8. A former Cambridge Analytica employee accused the data analytics firm of mishandling the personal information of more than 50 million Facebook users in an effort to help Donald Trump’s 2016 presidential campaign. Christopher Wylie, who helped found Cambridge and worked there until late 2014, told ABC News the company would use the information, including Facebook users’ hometowns, friends and “likes” to influence the behavior of potential voters. “Cambridge Analytica will try to pick at whatever mental weakness or vulnerability that we think you have and try to warp your perception of what’s real around you,” Wylie told ABC News in the interview. “If you are looking to create an information weapon, the battle space you operate in is social media. That is where the fight happens.” ABC News Cambridge Analytica whistle-blower Christopher Wylie speaks in an interview with ABC News. Facebook announced it had suspended Cambridge Analytica on Saturday, stripping it of its ability to buy ads, as U.S. and British lawmakers called for government investigations of the breach. The social media giant said approximately 270,000 people had downloaded an app developed by University of Cambridge psychology professor Aleksandr Kogan, who it said “lied” and violated its policy by gathering user data and passing it on to Cambridge Analytica. “We are committed to vigorously enforcing our policies to protect people’s information,” Facebook said in its statement. “We will take legal action if necessary to hold them responsible and accountable for any unlawful behavior.” Wylie, a self-proclaimed whistleblower, said Facebook banned him from its platform as well after he disclosed information that he claimed “they have known privately for two years.” Cambridge Analytica -- whose backers reportedly include billionaire Republican donor Robert Mercer and former Trump adviser Steve Bannon -- denied any wrongdoing, including claims that it used or held onto Facebook data, but Wylie’s description of his work there told a different story. “We would ask people to fill out psychological surveys,” he said, “That app would then harvest their data from Facebook. Then, that app would crawl through their friend network and pull all of the data from their friends also.” Photo Illustration by Jaap Arriens/NurPhoto via Getty Images The Facebook app is seen on a smartphone, Nov. 20, 2017. Wylie accused the firm of “weaponizing the internet” and utilizing Facebook data to build psychological profiles of potential voters. “It’s sort of like the digital shadow of yourself,” Wylie said. “So, when you think about what you do on social media, you curate your identity, so when you like things, when you follow things, you reveal all these little clues and if we have enough of those clues, we can start to develop a portrait of who you are.” Wylie’s claims come amid swirling questions about the digital operations surrounding the Trump campaign and Republican Party efforts during the last campaign cycle. A spokesperson for the campaign told ABC News it never used Cambridge Analytica’s data, saying it relied on voter information gathered by the Republican National Committee. “Any claims that voter data were used from another source to support the victory in 2016 are false,” the spokesperson said. I wonder how many people got hoodwinked by these criminals... Geeez people just get off social media. It is a cesspool of the uncouth. B/A
  9. Yup, I always make a point to shop local... It's in my best interest... B/A
  10. Bank Story this afternoon! My brother went to Chase...

    Wow an honest bank story that didn't come from a friend of a friend who sells fruit to the bankers wife on Sundays... How refreshing... Thanks B/A
  11. I guess we could ask them... Registrant Contact Name: Suhaib Al-Fahdawi Organization: Mailing Address: baghdad, baghdad baghdad 00964 IQ Phone: +964.7713911909x7811634389 Ext: 7811634389 Fax: Fax Ext: Updated Date: 2017-10-05 Created Date: 2009-10-09 Registrar Expiration Date: 2018-10-09 I see it expires in October. B/A
  12. When I moved to the south from the north I had never heard of Wal-Mart. That was in the 80s. Then Wal-Mart exploded and became king of the hill. There is no doubt they hurt other businesses by undercutting prices. Americans wanted cheap stuff. When Sam Walton opened Wal-Mart it was all about selling American products. When he died and the corporation took over his way went away. That's when Wal-Mart took off... Selling cheap imported stuff. It is a trend... You went back 20 years. Things change. 20 years ago Toyota didn't out sell American cars. So 20 years ago Wal-Mart was it. Heck 5 years ago it was all about Wal-Mart, but the trends say it is changing. Think how things are changing. 10 years ago no one ever thought newspapers would go away. Not many people buy them any more. 5 years ago Uber didn't exist, now they out performing taxi companies. 5 years ago we could not have imagined there would be self driving cars, in 5 years they will be everywhere. The trends say Wal-Mart is losing it's place. Have you gone shopping in a store lately... I know many people who do not go to stores. Of course I'm old so I still like to try on my shoes before I buy them. As for the other retailers you mentioned, Piggly Wiggly, we still have them here. Winn Dixie was bought out and their stores remain, they just have a different name. Eckerd's was sold, just like Rite-Aid is going to be. Gobbled up by a competitor. Kmart was bought by Sears, so again Sears ran it in to the ground. Sears failed to change and has died. Is it their fault. Did Wal-Mart hurt them I would say yes to both questions. Why did Toy R Us just collapse? Yes they had huge debt, but if the internet didn't exist they would have survived. That's why Wal-Mart, Target and most of the other brick and mortar stores are in trouble. Think of all the malls that are going to go down, because of online shopping... We are only seeing the beginning. B/A
  13. Is that site real? I mean is it the CBI or some con man trying to trick people? I don't know I'm just asking. B/A
  14. I used to have a client who owned a jewelry store. He would make two commercials exactly the same except for prices.... The lower priced commercials ran on shows white people watched and the higher priced commercials ran in Soul Train... He always said black people will pay more... We quit doing business with the reverend... Yes he was a minister at a church... Pretty sad if you ask me. And well my boss thought so too... B/A

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