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Completely Unwoven: Business, Economics, and Tax Policy 4.0
- Thread starter dxmnkd316
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FlagDUDE08
Banned
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Here comes another push to hourly... or at least hourly tracking... http://www.usatoday.com/story/money/2016/05/18/q-new-overtime-rule/84537486/
Here comes another push to hourly... or at least hourly tracking... http://www.usatoday.com/story/money/2016/05/18/q-new-overtime-rule/84537486/
Kepler
Si certus es dubita
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Contractors scoff at your hourly tracking. Try 6-minute incremental sometime.
Contractors scoff at your hourly tracking. Try 6-minute incremental sometime.
FlagDUDE08
Banned
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Thanks, I have. Never again. Unless you want to give me a charge number for any ridiculous conversation that may ensue from this.
Thanks, I have. Never again. Unless you want to give me a charge number for any ridiculous conversation that may ensue from this.
Kepler
Si certus es dubita
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Actual conversation between two contractors outside my door during this POP:
"Have you got a minute to look at this?"
"Do you have a charge number?"
"No."
"Then, no."
I assume there was a (highly unpleasant) backstory between them, but they were both serious as a heart attack.
I closed my door. No way am I going to that deposition.
Thanks, I have. Never again. Unless you want to give me a charge number for any ridiculous conversation that may ensue from this.
Actual conversation between two contractors outside my door during this POP:
"Have you got a minute to look at this?"
"Do you have a charge number?"
"No."
"Then, no."
I assume there was a (highly unpleasant) backstory between them, but they were both serious as a heart attack.
I closed my door. No way am I going to that deposition.
FlagDUDE08
Banned
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
To be fair, contractors are very asinine when it comes to their propaganda about how "mischarging" is illegal. I'm not sure there's anything personally bad between them, so much as they drank the kool-aid.
To be fair, contractors are very asinine when it comes to their propaganda about how "mischarging" is illegal. I'm not sure there's anything personally bad between them, so much as they drank the kool-aid.
Kepler
Si certus es dubita
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
I'm not sure what you mean by this. Mischarging is illegal. Very, very illegal.
I'm not sure what you mean by this. Mischarging is illegal. Very, very illegal.
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
A Bud Light commercial banned from TV
https://m.youtube.com/watch?feature=youtu.be&v=ew9cEATPzDE
A Bud Light commercial banned from TV
https://m.youtube.com/watch?feature=youtu.be&v=ew9cEATPzDE
Kepler
Si certus es dubita
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
All I could think of was, "this would be so much better if that wasn't p-sswater."
All I could think of was, "this would be so much better if that wasn't p-sswater."
FlagDUDE08
Banned
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
So people are whining about bathrooms, and their effect on business making choices around them. Let's see how they actually did... http://www.usatoday.com/story/money/2016/05/18/target-first-quarter-earnings/84530886/
Granted, to draw any conclusions, I'd be more interested in what happens the next quarter, or at least if they adjust their earnings estimate.
So people are whining about bathrooms, and their effect on business making choices around them. Let's see how they actually did... http://www.usatoday.com/story/money/2016/05/18/target-first-quarter-earnings/84530886/
Granted, to draw any conclusions, I'd be more interested in what happens the next quarter, or at least if they adjust their earnings estimate.
Almington
Blood Boiling with Rage and Hate
Far to many variables to draw any conclusions about causation based off quarterly reports.
St. Clown
Liberal Rebel Scum, apparently
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Quarterly reports are delayed for usually two weeks to a month, depending upon the company and the industry. The transgender issue is too recent to have an impact. This is clearly more indicative of almost all discount brick-and-mortar retailers seeing reduced sales this quarter.
Quarterly reports are delayed for usually two weeks to a month, depending upon the company and the industry. The transgender issue is too recent to have an impact. This is clearly more indicative of almost all discount brick-and-mortar retailers seeing reduced sales this quarter.
FlagDUDE08
Banned
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
To be fair, the Target CEO supposedly blamed global warming...
To be fair, the Target CEO supposedly blamed global warming...
St. Clown
Liberal Rebel Scum, apparently
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
He said that weather conditions, allegedly due to global warming and El Nino, caused buyers to change habits and kept them home, thus they made fewer purchases.
To be fair, the Target CEO supposedly blamed global warming...
He said that weather conditions, allegedly due to global warming and El Nino, caused buyers to change habits and kept them home, thus they made fewer purchases.
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Will Justice get a headache over this?
http://www.foxbusiness.com/markets/...anto-deal-imminent-will-create-crop-king.html
Will Justice get a headache over this?
http://www.foxbusiness.com/markets/...anto-deal-imminent-will-create-crop-king.html
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
I'm not sure how much traction this story has outside of specialty interests, but it definitely deserves a bit more attention....
The rule is scheduled to take effect on October 1 this year.
but guess what: money market funds that invest exclusively in US government securities are exempt from this rule. Consequently, several major investment management firms have announced that their money market funds will invest only in US government securities as a result.
Economists discuss how government borrowing "crowds out" private sector borrowing. This rule takes it quite a bit further than before. It will result in far less liquidity for non-government money market fund assets than before, which really crimps businesses who use short-term borrowing to smooth out variable cash flow.
I'm not sure how much traction this story has outside of specialty interests, but it definitely deserves a bit more attention....
The rule is scheduled to take effect on October 1 this year.
but guess what: money market funds that invest exclusively in US government securities are exempt from this rule. Consequently, several major investment management firms have announced that their money market funds will invest only in US government securities as a result.
Economists discuss how government borrowing "crowds out" private sector borrowing. This rule takes it quite a bit further than before. It will result in far less liquidity for non-government money market fund assets than before, which really crimps businesses who use short-term borrowing to smooth out variable cash flow.
Kepler
Si certus es dubita
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
Two dumb questions from an econ rockhead:
1. What was the ostensible rationale for the exemption of US government securities?
2. If "the market-based value of fund assets" is only now being mandated for the valuation of portfolio securities, what the heck were they using before? Wish fulfillment?
Two dumb questions from an econ rockhead:
1. What was the ostensible rationale for the exemption of US government securities?
2. If "the market-based value of fund assets" is only now being mandated for the valuation of portfolio securities, what the heck were they using before? Wish fulfillment?
St. Clown
Liberal Rebel Scum, apparently
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
First of all, yes, excessive government borrowing certainly does have a crowding out effect on investors looking for more stable debt investments. However, this doesn't address the primary debt markets, only the secondary markets. While that could create liquidity issues in the primary market, it would have to be a truly substantial change. There have been talks that our investment markets had too much liquidity once upon a time, causing too many trades that did little to help the investor and only created fees for brokerage houses and investment firms.
There's no need to think that the sky will be falling simply based upon this article, but it's a rule that's due attention, and I'm sure more than a few economists will be watching the debt market numbers, both primary and secondary, to see if the rule has anything more than a marginal effect on that market.
First of all, yes, excessive government borrowing certainly does have a crowding out effect on investors looking for more stable debt investments. However, this doesn't address the primary debt markets, only the secondary markets. While that could create liquidity issues in the primary market, it would have to be a truly substantial change. There have been talks that our investment markets had too much liquidity once upon a time, causing too many trades that did little to help the investor and only created fees for brokerage houses and investment firms.
There's no need to think that the sky will be falling simply based upon this article, but it's a rule that's due attention, and I'm sure more than a few economists will be watching the debt market numbers, both primary and secondary, to see if the rule has anything more than a marginal effect on that market.
St. Clown
Liberal Rebel Scum, apparently
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0
US government securities have the full faith and credit of the US federal government, so they won't default, and therefore every dollar loaned will be repaid. Therefore, they'll track those USG MMFs at $1.00 par, all money earned will be interest earnings and not capital gains.
As to non-government MMFs, the debt issues making up the underlying assets are such short-term loans that the risk had been seen as negligible and therefore prices remained at $1.00 regardless of whatever else is going on in the economy. That view has changed, probably further fallout from Bear Stearns.
US government securities have the full faith and credit of the US federal government, so they won't default, and therefore every dollar loaned will be repaid. Therefore, they'll track those USG MMFs at $1.00 par, all money earned will be interest earnings and not capital gains.
As to non-government MMFs, the debt issues making up the underlying assets are such short-term loans that the risk had been seen as negligible and therefore prices remained at $1.00 regardless of whatever else is going on in the economy. That view has changed, probably further fallout from Bear Stearns.
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