Browse Category by Technology
Editor, Exchange Rate, Expert, Technology

Ted Bauman explains his exchange-rate turbocharge concept

Recently, Mr. Ted Bauman did an article in which he analyzed the effects of the recent tax cuts that were passed by the House of Representatives and how ordinary individuals can take advantage of it and make a quick buck before time runs out. The article starts with a story of how when he flew into South Africa way back in 1984 and considering the strength of the dollar back then compared to the South African Rand, Ted managed to purchase an asset which he says has really paid off for him over the years. He advises his readers to try this move because according to him time could soon be running out especially now that the House of Representatives has passed the tax cuts and this will definitely have an effect on the financial markets in turn affecting the strength of the dollar.

He goes further to reveal that while a strong dollar means that when Americans travel abroad to countries where their currencies are weaker compared to the dollar, they are treated to cheaper vacations and so on but on the other hand this means that products made and manufactured in the United States for the export markets are pricier and thus making them a hard sell especially to countries with weaker currencies when compared to the dollar. As a result, this hurts the manufacturing industry which is one of the top employers in the United States job market. On the flipside, the imports are also cheaper compared to goods manufactured in the United States which encourages some consumers to buy from the foreign markets and in turn hurting the local manufacturers and trade balance.

Ted predicts that all indications point to a relatively weaker dollar in the near future considering that it is estimated that the recent tax cuts passed by the house of representatives will likely lead to a $1.5 trillion in federal deficits. Hence the opportunity is to buy foreign assets that are priced at local currencies such that when the dollar declines, the assets will be worth more in dollars than when you bought them a concept Ted calls and “exchange-rate turbocharge.”

About Ted Bauman

For the past 4 years, Ted Bauman has been working with Banyan Hill Publishing as the editorial director and editor of The Bauman Letter, Plan B Club, and Alpha Stock Alert. He is an expert in low-risk investment and asset protection.

Read more:http://www.talkmarkets.com/contributor/Ted-Bauman

Business, Business Success, Canadian Business, Technology

Louis Chenevert Leading From UTC To Goldman Sachs

Quebec is a province of Canada that has been known for many great things, one might tour Old Quebec or visit Montreal, but Louis Chenevert has had his mind on business it seems like since his birth there. The University of Montreal’s business school, HEC Montreal, set him on his way to big things from a humble beginning.http://frenchtribune.com/teneur/25552-innovative-deals-and-inspired-leadership-characterize-louis-chenevert

 

At first, it was at United Technologies where he was elected as president and then chief operating officer in 2006. UTC, as it is known in an acronym, has international arms that put to work some talented engineers and researchers in order to develop and manufacture an impressive portfolio of products. There are aircraft engines and aerospace systems that emerge from the Connecticut headquarters, and there is a myriad of industrial and commercial products that include escalators and elevators, HVAC systems, and much more.

 

It was not his first time being elected president, as Pratt & Whitney also did the same some years before after realizing that his General Motors experience would help leverage them to new heights. UTC held him in high regard, and as far as his accomplishments were concerned, they left a legacy to be respected. One of these was the acquisition of Goodrich that took over a year to get to go through, but even the early Benjamin Franklin Goodrich of the late 19th century would have to be pleased with the fate of the company he founded way back then. The deal was worth over $18.4 billion to United Technologies.

 

Louis Chenevert has always held a passion for the latest technology as well as the people who put their efforts into the company to make it happen. It has been this desire to see people achieve that has been his driving premise over the years, with quite a few landmarks left behind. For example, the Employee Scholar Program helps the UTC employees achieve their dreams and rise in the ranks by pursuing further education related to the field that they are working in. With over $1 billion dollars having been invested in employee education over the years, UTC has to be one of the leaders in that regard.

 

But, it was his particular style of being able to dogear the company projects that he saw as having the highest potential for a reward that led to much success, and he had the ability to persuade other employees of that same vision. He has now taken that mindset to Goldman Sachs where his executive advisor role at the Merchant Banking Division allows him to help other businessmen do the same in aerospace and industry.

 

Entrepreneurs, Technology

Entrepreneur Jason Hope Has A Habit Of Getting It Right

Jason Hope, Arizona’s most famous tech entrepreneur, has made a career about predicting trends in technology long before they materialize. In some instances, he has been able to do this by becoming the trend setter himself. This has given Mr. Hope a certain authority in his predictions about things to come.

The Internet of Things will change everything

Lately, Mr. Hope has taken to blogs, magazines and tech sites of different stripes to lay out his vision of what the coming technologies broadly termed the Internet of Things will look like and how they will change people’s lives for the better.

Like Jaosn Hope on Facebook.

Jason Hope believes that this quickly developing space will represent a transformational achievement, on the order of the Industrial Revolution or the invention of the computer itself.

For starters, Hope believes that technologies like self-driving cars will free up vast amounts of time and create tremendous gains in productivity. This will not just be seen in people’s daily commutes, where, rather than spending hours in traffic every day, the common man will effectively have his own 24/7 personal chauffeur. It will also have huge effects on things like the logistics industry, where one of the main costs in transporting goods over the nation’s roadways is that of hiring drivers and other workers, for example, in the warehouse.

On that note, Jason Hope predicts that facilities such as Amazon’s fulfillment center, which are nearly 100 percent automated, will become commonplace. This will have a profound effect on the costs of production and the ability of labor to be redirected to more value-added tasks.

Technology

Bob Reina has a mission

Bob Reina wants to help people all over the world. He is CEO & Founder of Talk Fusion, a leading Video Marketing Solution company created in 2007.

 

A former police officer, Bob created a company that has revolutionized the industry. With a simple but powerful message, Talk Fusion’s mission is to help charities and nonprofits all over the world. With its innovative and cutting-edge video marketing products, it helps people spread their message, and further their cause, with technologies and products not available before.

 

In collaboration with its customers, Talk Fusion uses a comprehensive approach. Current and future trends are constantly analyzed. This way, Bob, his team, and customers can stay ahead of the competition.

 

Bob Reina wants to help others, and he leads by example.

These are some of them:

A $1 million donation to the Humane Society of Tampa Bay.

Working with other South Florida non-profit groups to help numerous abandoned animals find new loving homes.

A continuing monetary support of an Indonesian orphanage.

A program that allows every Talk Fusion Associate, located in over 140 countries, to donate one free account to the charity of their choice.

 

The free charity account is significant. It’s a Custom Monthly Plan, Talk Fusion’s very best product. It includes branding, complete customization, and access to Video Email, Video Newsletters, Live Meetings, Sign-up Forms, and Video Chat products.

 

These are just a few examples of Bob’s commitment to action, not just words, to move forward his vision to change lives.

 

Bob Reina has a favorite phrase: “Bring us your dreams and we’ll help you do the rest!”, which summarizes his beliefs and Talk Fusion’s mission.

 

To learn more, visit TalkFusionGivesBack.com