<![CDATA[Hedgehogs.net: '' related content (page 4)]]> http://www.hedgehogs.net/tag/israel?offset=30 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11396425/elbit-systems-of-america-awarded-127-million-modification-contract-to-provide-additional-apache-aviator-integrated-helmets-to-the-us-army Mon, 13 Oct 2014 12:08:23 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11396425/elbit-systems-of-america-awarded-127-million-modification-contract-to-provide-additional-apache-aviator-integrated-helmets-to-the-us-army <![CDATA[Elbit Systems of America Awarded $12.7 Million Modification Contract, to Provide Additional Apache Aviator Integrated Helmets to the US Army]]> 11396425 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11396424/elbit-systems-us-subsidiary-awarded-127-million-contract-to-provide-additional-apache-aviator-integrated-helmets-to-the-us-army Mon, 13 Oct 2014 12:08:22 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11396424/elbit-systems-us-subsidiary-awarded-127-million-contract-to-provide-additional-apache-aviator-integrated-helmets-to-the-us-army <![CDATA[Elbit Systems U.S. Subsidiary Awarded $12.7 Million Contract to Provide Additional Apache Aviator Integrated Helmets to the U.S. Army]]> 11396424 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11396417/allot-communications-receives-expansion-orders-of-over-5-million-dollars-from-two-tier1-mobile-operators Mon, 13 Oct 2014 12:08:14 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11396417/allot-communications-receives-expansion-orders-of-over-5-million-dollars-from-two-tier1-mobile-operators <![CDATA[Allot Communications Receives Expansion Orders of Over $5 Million Dollars from Two Tier-1 Mobile Operators]]> 11396417 http://www.hedgehogs.net/pg/blog/CentralBankNews/read/11396374/monetary-policy-week-in-review-oct-610-2014-volatility-returns-as-forward-guidance-is-questioned Mon, 13 Oct 2014 06:23:18 +0100 http://www.hedgehogs.net/pg/blog/CentralBankNews/read/11396374/monetary-policy-week-in-review-oct-610-2014-volatility-returns-as-forward-guidance-is-questioned <![CDATA[Monetary Policy Week in Review â Oct 6-10, 2014: Volatility returns as forward guidance is questioned]]>     Volatility returned with a vengeance in financial markets last week as investors took fright of the prospect of slowing economic growth, especially in Europe, at the same time the U.S. Federal Reserve wraps up its asset purchases and gears up for its first rate rise in more than eight years.
    Just how the Federal Reserve will communicate its future policy stance once the era of quantitative easing (QE) ends was one of the main topics discussed by the Federal Open Market Committee (FOMC) at their September meeting, according to the minutes released last week.
    For almost two years, the FOMC has been applying the forward guidance that the fed funds rate would be maintained for “a considerable time” after QE ends.
    It is now faced with the challenge of replacing that phrase with words that “avoid sending unintended signals about the Committee’s policy outlook,” as the minutes said.
    At its meeting on Sept. 16 and 17, the FOMC confirmed that it would end its asset purchase program at its meeting Oct. 29 with the final purchases in November, if the labor market continues to improve and inflation moves toward its 2.0 percent goal.
    Whether that timetable remains intact has now been thrown into doubt by the slowdown in global growth and the rising dollar that could hold back inflation, according to several FOMC members in recent days.

    How central banks can communicate their intended policy amid a sea uncertainty was the focus of a speech last week by Bank of Canada Governor (BOC) Stephen Poloz, who noted “there may be significant volatility when markets perceive the central bank is preparing to change its position.”
    Poloz describes the recent use of forward guidance as taking certain policy options off the table, a move that is tantamount to giving the market a one-way bet.
    With memories of last summer’s “taper tantrum” still fresh in most investors’ memories, Poloz says financial markets respond to such one-way bets with leveraged positions so its hardly a surprise that volatility returns when it looks like the guidance is being changed.
    Another potential downside of forward guidance is that it is conditional upon economic forecasts. These assumptions become caveats for the guidance so fragile markets end up needing repeated assurances in light of new data that may undermine the forecasts.
    “In short, forward guidance can become addictive for markets if it is overly precise or heavily weighted with caveats,” Poloz said.
   Poloz' conclusion is that forward guidance is useful but should be reserved primarily at the zero lower bound. During more normal times, central banks should offer full transparency of the risks the are weighing in policy deliberations.
    This allows financial markets to assess new information in sync with the central bank so the market remains two-way and less vulnerable to unusual leveraging and volatile shifts in sentiment.
    “Essentially, the net effect of dropping forward guidance is to shift some of the policy uncertainty from the central bank’s plate back onto the market’s plate, a more desirable situation in normal times,” Poloz said.

   Through the first 41 weeks of this year, the 90 central banks followed by Central Bank News have cut their policy rates 51 times, or 13.5 percent of all policy decisions, up from 12 percent at the end of the first half and 12 percent at the end of the first quarter.
    Central banks in advanced economies have accounted for six of the rate reductions, with Israel cutting its rate three times, the European Central Bank twice and Sweden once.
    Meanwhile, rates have been raised 38 times, or 10 percent of all policy decisions, up from 9.3 percent at the end of June and 8.7 percent at the end of March.
    Among advanced economies, only New Zealand has raised its rate four times while emerging market central banks have raised rates 18 times, frontier market central banks three times and other central banks 12 times.

LIST OF LAST WEEK’S CENTRAL BANK DECISIONS:

TABLE WITH LAST WEEK’S MONETARY POLICY DECISIONS:

COUNTRY MSCI      NEW RATE            OLD RATE         1 YEAR AGO
AUSTRALIA DM 2.50% 2.50% 2.50%
JAPAN DM                  N/A                  N/A                  N/A
INDONESIA EM 7.50% 7.50% 7.25%
CROATIA FM 5.00% 5.00% 6.25%
POLAND EM 2.00% 2.50% 2.50%
UNITED KINGDOM DM 0.50% 0.50% 0.50%
TAJIKISTAN 6.90% 5.90% 5.50%
PERU EM 3.50% 3.50% 4.25%

    This week (Week 42) seven central banks or monetary authorities are scheduled to decide on monetary policy: Uganda, Singapore, South Korea, Serbia, Egypt, Chile and Sri Lanka.

TABLE WITH THIS WEEK’S MONETARY POLICY DECISIONS:

COUNTRY MSCI              DATE  CURRENT  RATE         1 YEAR AGO
UGANDA 14-Oct 11.00% 12.00%
SINGAPORE DM 14-Oct                  N/A                  N/A
SOUTH KOREA EM 15-Oct 2.25% 2.50%
SERBIA FM 16-Oct 8.50% 10.50%
EGYPT EM 16-Oct 9.25% 8.75%
CHILE EM 16-Oct 3.25% 4.75%
SRI LANKA FM 17-Oct 6.50% 6.50%




]]>
11396374
http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11395436/new-palestinian-quest-for-statehood Sun, 12 Oct 2014 05:08:25 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11395436/new-palestinian-quest-for-statehood <![CDATA[New Palestinian quest for statehood]]> 11395436 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11394897/tzur-management-and-gilboa-launch-israeli-hedge-fund-index Sat, 11 Oct 2014 23:09:50 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11394897/tzur-management-and-gilboa-launch-israeli-hedge-fund-index <![CDATA[Tzur Management and Gilboa launch Israeli Hedge Fund Index]]> Tzur Management and the Gilboa Fund of Funds have launched the Tzur Gilboa Israeli Hedge Fund Index (TGI) which tracks the performance of Israeli hedge funds.

read more...

]]>
11394897
http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11394576/homeland-premiere-review-finally-the-show-it-shouldve-been-all-along Sat, 11 Oct 2014 18:00:01 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11394576/homeland-premiere-review-finally-the-show-it-shouldve-been-all-along <![CDATA[âHomelandâ Premiere Review: Finally, The Show It Should've Been All Along]]> homeland poster season 4

read more...

]]>
11394576
http://www.hedgehogs.net/pg/blog/asiablues/read/11393572/the-fed-cant-raise-rates-because-the-sky-is-blue Thu, 09 Oct 2014 03:44:26 +0100 http://www.hedgehogs.net/pg/blog/asiablues/read/11393572/the-fed-cant-raise-rates-because-the-sky-is-blue <![CDATA[The Fed Can`t Raise Rates Because the Sky Is Blue]]> By EconMatters



We Cannot Raise Rates Because…

This is starting to become outright laughable if it wasn`t so incompetent and irresponsible interest rate policy, or lack of policy by the Federal Reserve. Forget unemployment, GDP, Structural Economic Issues, Wages, or Inflation now the reason the Federal Reserve cannot raise interest rates from recession era levels is because the dollar is too strong. Talk about drawing the line, moving the line back or forward; now the Federal Reserve is trying to redefine what constitutes a ‘line’ in the first place.

Fed Out of Financial Markets

We are not talking about raising the Fed Fund`s Rate to 4% we are just talking about raising rates more in line with basically a normal functioning economy growing at 2 plus percent on an annual basis with an unemployment rate in the fives. If the Federal Reserve cannot raise rates after 7 long years, this either says a lot about their lower rate and QE strategy in the first place, i.e., it hasn`t worked, or they need to quit making excuses and raise the freaking rate already. This has gone on long enough; I want the Federal Reserve out of financial market manipulation with absurdly idiotic interventionist policies. There is something seriously wrong if the Federal Reserve cannot raise the Fed Fund`s Rate a measly 100 basis points after 7 longs years of ZIRP, seven years is an entire business and economic cycle, shoot the economy has been at ZIRP for so long it literally could cycle back to recession just because it has been so long, and business cycles have normal patterns of growth and contraction, we did study this in business school, this is economics 101!

Newsflash: “Imperfect World”

If I hear another idiot dove discuss another obscure reason why they need to continue with ZIRP methodology because Apple had a bad quarter, or Spain has high unemployment, or China is trying to rebalance their economy, or Venezuela has a social system that sucks, or Germany needs to diversify from Luxury Automobiles, or 50 people in Developed Economies die from Ebola, or the Middle East is in conflict then the Federal Reserve should just come out and state that due to an ‘imperfect world’ they can never raise rates, and the Fed Fund`s Rate has now been renamed the ZIRP New Normal Rate for eternity.

ZIRP Will Save the Planet!

I heard some analyst come on TV and say Geo-Political turmoil is at unprecedented levels, gee how did the world ever survive two world wars, AIDS, Communism, the Iraq-Iran War, Israel fighting many wars, starvation in Africa, Presidential Assassinations, the Vietnam War, Argentina, Mexican, Russian Currency Bailouts all without a ZIRP Mandate for Lifetime Emergency Measure to save Mankind! If only we keep ZIRP around and investors are enabled to buy more stocks and bonds at any valuation and low of a yield, throwing all risk exposure scenarios out the window, because ZIRP is the Wonder Drug it solves all global problems, and any valuation and yield is justifiable when the money is free under the New World Normal Economic Models of the Federal Reserve. 

Unintended Consequences & History of Fed Interventions

Everything has a cost, that is the first lesson the Fed needs to get straight right now, and absurd dovishness has consequences, as I see it there is a tradeoff, and with an economy creating 250k jobs a month, and an unemployment rate under six, it is only a matter of when and not if before wage inflation smacks the Fed where they though they actually wanted to see Wages Rising Faster than Janet Yellen can say $15 minimum Wage for flipping burgers. Gas prices may be giving consumers a break but this just means prices will be raised in retail now that consumers have a little extra cash in their pockets to spend on discretionary purchases until oil makes its next $25 dollar run in the other direction on stronger demand and the next Middle East Crisis. I agree that the Minimum Wage needs to be raised, corporations will exploit as much as you let them get away with, but why do you think the Minimum Wage is so out of whack with the Cost of Living, it is because there has been runaway inflation since the last raise in the Minimum Wage due to excessively loose monetary policies and selective measuring of overall inflation in the economy!

Ask Yourselves Why the Minimum Wage Needs to be raised So Much?

Oh poor Fed the “Official Government Tracked” measure of inflation is under 2%, this is mighty convenient for a body that benefits from lower inflation measures, so that they can continue printing money and creating more asset bubbles that amazingly enough don`t turn out right, and then the Fed needs to come to the rescue all over again with additional economic stimulus. The financial markets have become so reliant on Fed Stimulus in what are supposed to be price discovery and value setting mechanisms that they literally don`t know how to function without their monthly Crack Infusion from the Federal Reserve. Europe literally is begging for more Crack or they are going to throw a temper tantrum as if 10 basis point borrowing costs isn`t enough already. More Crack Stimulus is not the answer for economic problems at the zero bound, and failure to recognize this ‘Enabling Central Bank Role’ in setting the groundwork for future financial crises in the form of unsustainable asset prices not reflecting the underlying fundamentals of poor Debt To GDP Ratios in Europe, or US Stocks & Bonds unable to sustain themselves without ZIRP Stimulus from the Federal Reserve is the definition of insanity.

The Tradeoff: Deferred Gratification a Sign of Competence

Enough already the world is never going to be perfect, the economy is never going to be perfect but responsible Fed Policy understands this tradeoff, you can raise interest rates sooner and in a more gradual fashion, or wait to raise rates and have to raise a bunch in a short amount of time. And given where asset prices are after 7 years of stimulus which scenario do you think will cause more market instability? What I am referring to is the next financial crisis if the Fed waits to raise rates, i.e., they take the short-term benefit at the risk of the long-term ruin, then they are not only destined for sending the financial markets into a calamitous event, but given all the warnings and recent history of Fed inspired Bubbles Bursting, it seems a deliberate suicidal plan. It seems the Federal Reserve being an independent body accountable to no oversight has to stop; a strong dollar because the US Economy is outperforming its peers is a good thing, and not an excuse to continue ZIRP Madness. I swear next the Doves at the Fed will say that ‘Aging Demographics’ is a real concern for them, and therefore they might have to keep interest rates lower for a more prolonged amount of time. How did my parent`s generation ever survive with a 4% Fed Funds Rate? The Fed has become the local Crack Dealer for Financial Markets!


© EconMatters All Rights Reserved | Facebook | Twitter | Email Subscribe | Kindle

]]>
11393572
http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11393330/microsoft-to-buy-israeli-company-equivio Tue, 07 Oct 2014 21:47:45 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11393330/microsoft-to-buy-israeli-company-equivio <![CDATA[Microsoft to Buy Israeli Company Equivio]]> 11393330 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11392379/white-house-rejects-netanyahus-criticism-with-withering-response Tue, 07 Oct 2014 11:37:32 +0100 http://www.hedgehogs.net/pg/newsfeeds/hhwebadmin/item/11392379/white-house-rejects-netanyahus-criticism-with-withering-response <![CDATA[White House rejects Netanyahu's criticism with withering response]]>






]]>
11392379