Term
| Bank of Japan's Easy Money |
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Definition
Past 6 years Japan's Central Bank securities and bonds holding increased 35%
-in that time ECB, England and the Fed increased by at least double
Shift to Easy Money Policy
-buying up long term Japanese bonds and bonds of other countries
-Pumps yen into the world economy, forcing currency wars and risking massive inflation
-Southern Asian countries dont like this, Japan will take their exports |
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Term
| Walmart Reaction to Payroll Tax Increase |
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Definition
Payroll tax cut expired, will take 2% out of people take home income, coupled with recent gas price increases
almost 50% of consumers curtail spending, consumers delay big ticket purchases, consumers are going to restaurants less
Walmart and other grocers are putting lower cost and smaller packages of shit on the shelves
Burger King cutting the Whopper price, McDonalds is moving advertising focus to dollar menu again
Tyson's saw a 10% shift from more expensive red meat to less expensive chicken products |
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Term
| Bernanke Bond Buying Strategy Report to Congress |
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Definition
Said we will continue to purchase $85 Billion a month of long term T bIlls and mortgage debts
Fed has already accumulated 2.8 Trillion
Said bond buying increased output by 3%
keeping long term interest rates low has increased durable goods sales and made the housing market recover
Some Senators argued the policy will encourage financial excess and a fake market success like the one that caused the recession |
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Term
| Samsung/Google Relationship |
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Definition
Samsung sells 40% of mobile devices that use Google's Android software
Google is concerned they are growing so big they will be able to pressure Google into sharing its search engine profits, they already get 10%
Google bought Motorola's Mobile unit to keep leverage over Samsung, they are developing the X Phone, which will challenge the iPhone
Samsung is leveraging by making Microsoft powered devices
Google hopes the entrance of HP and HTC into the mobile market will keep Samsung's market share down and fight its current growth |
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Term
| Leonard Riggio and Barnes and Noble |
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Definition
Riggio is Chairman and primary shareholder, he plans to buy the retail portion and go private, leaving the Nook and e-reading market
Riggio just doesnt like the new technology shit
Stock prices rose 11% in the wake of the news
The retail side has been recovering mostly, while the e-reader side is struggling due to new entrances into the market |
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Term
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Definition
Sued for anticompetitive behavior by forcing them to carry lesser watched Viacom channels in order to get the popular ones, following a long standing tradition of bundling channels
most people only watch 20% of the cable bundle they get
bundling is less expensive for Viacom because they get more ad revenue with more channels
Viacom argues that the provide gets more revenue from the bundle and that consumers will pay more for less channels without the bundle |
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Term
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Definition
$85 Billion in sequester cuts, 2.4% cut
Deficit is falling, shrunk to $845 B from $1.4 T in 2009
White House and some Republicans want to rewrite tax code to increase revenues and revamp social entitlement benefits
46 M Americans get social security, which will grow by 40% by 2023 and run out of funds by 2016
Medicare will run out by 2024 |
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Term
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Definition
China set its growth target for the coming year at 7.5%
This is good for the year, but growth will slow and will be hard to maintain
China's main goal is to increase domestic consumption to decrease reliance on exports and foreign investments
inflation will begin to rise, expected at 3.5% - this will be effective in keeping prices from rising too much
Factory workers have seen wage growth but that needs to expand to farmers and migrant workers
goal is to decrease economic inequality - 27% increase in healthcare spending and 2% of GDP deficit target |
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Term
| American Economic 4th Quarter Results |
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Definition
Estimates put us at a -.1% decrease, GDP ended up growing by .1%
Every GDP component grew except government spending
Policy makers can increase output this year by increasing taxes, decreasing spending, monetary policy and bond buying |
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Term
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Definition
Apple and Google stores now offer over 700,000 apps each
Global app profits are expected to rise 65% this year to $25 Billion
The market is now extremely saturated with competitors and advertisement prices are rising
People spend about 2 hours a day and use about 8 apps frequently at a time
65% of heavily used apps last year aren on longer relevant
only 2% - 3% of the top 250 developers in app stores are new to the market |
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Term
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Definition
Narrow your idea to something useful, throw out bad ideas
Learn to code
Build features that provide feedback
Test well
Cross promote |
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Term
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Definition
Stick to one busines model
do a one stop development platform
Copy other peoples idea
Update too frequently
Build an app that could be a website |
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Term
| Corporate App Cost Cutting |
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Definition
Corporations are increasingly using apps as cost cutting measures to replace human labor
Dominos says app and online orders have reach 1/3 of all orders
apps can lower front end costs by 10% - 15% |
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Term
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Definition
Angry Birds will be released as a cartoon series in a deal signed with Comcast
$106 M in revenue in 2011 with 30% coming from licensing and merchandise
Rovio has tripled its animator employees to 75 after buying a game developer and an animation studio
Rovio plans on releasing a full length movie with former Disney and Marvel producers |
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Term
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Definition
New Disney movie studio head appointed
immediately approved reshoots for "Oz" that will add $15M to the $200M
Generated $722M operating income off of $5.8B in revenue last year
While the parks/video games and other Disney business make more money, the movies are what gives them their themes, it is very valuable for disney to own exclusive rights to their movies which makes the movie studio sector extremely important
New focus on action movies over drama, new "Pirates", "Tomorrowland" and "Star Wars" |
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Term
| K'Nex Production Moves Back to US |
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Definition
Bringing back production from China as wages and transportation costs happen, they also want to control safety issues with materials
Mostly they want to be close to use retailers to supply quicker because demand for toys is fickle
Goal is to return 100% of production to US
Cutting costs by moving to newer plastic materials |
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Term
| US Job Growth in February |
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Definition
Added 236,000 jobs - beat the monthly average of 195,000
Pushed the jobless rate to a low of 7.7%, but the number of discouraged workers also fell
Construction, healthcare and retail led the job adds while government lost jobs
Recovery is in effect but is endangered by taxes and gas prices cutting into consumer spending
Estimates put sequester cutting GDP by .5% |
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Term
| Americans Cant Retired Anymore |
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Definition
66% have saved for retirement
28% have no confidence in retiring
57% have saved less than 25k
total net worth of US households is $66.07 T, rose 1.8% in 4th quarter |
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Term
| Household Consumer Recovery |
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Definition
Deleveraging involves paying off debt or walking away from assets like houses
2.4% increase in household borrowing, represents a massive jump up
mortgage borrowing dropped by .8%
Household networth rose 1.8% to $66.07 T last year
household owned stocks valued $150B and home values rose to $450, households are feeling more wealthy with these assets on their balance sheets and are spending and borrowing more |
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Term
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Definition
Government voted it down due largely to the tax on individuals deposits
Seen as a political move to leverage the offer against a possible Russian bail out to get better terms from a EU counter offer |
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Term
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Definition
The Dollar is up 5% on the WSJ Dollar Index
-retail sales are growing faster than expected
-trading partners are weaker right now
-Euro fell 7.7%
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Rising dollar makes foreign profits translate into less value, dollar is worth more foreign currency overseas
Monetary easing aka bond buying by the Treasury could cause inflation that will fuck this up |
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