Business Judgement

The economy of UK contracted at a quarterly rate of 0.2% in the second quarter, the Office for National Statistics (ONS) said on Monday. According to the ONS, the services sector continued to provide the main positive contribution to overall GDP growth, but slowed to its weakest rate in three years, alongside falls in the production and construction sectors in Q2. With an upwardly revised rise of 0.6 percent in the first quarter, the British GDP has been volatile through the first half-year of 2019. The ONS noted that the volatility largely reflecting changes in the timing of activity related to Britain's original planned exit date from the European Union in late March. "There is evidence that stockpiling and the change in timing of activity was taking place in the first quarter of the year, which likely provided a boost to GDP, with the latest figures suggesting that these increased stock levels were partly run down in Q2", the ONS said. ...

Ron Paul is back with doom and gloom predictions on economy and stock market. The former Republican congressman from Texas is warning negative interest rates will crush the global economy, and the U.S. won’t be the exception. “We will join the rest of them and go to total negative rates in hopes that that will be the solution,” he told CNBC’s “Futures Now” on Thursday. “We’ve never had as many currencies in negative interest rates. $17 trillion worth of bonds [are] in negative interest rates. It’s never existed before. And, that’s a bubble. So, we’re in the biggest bond bubble in history, and it’s going to burst.” Paul, a former presidential candidate and vocal libertarian known for his economic and stock market bubble warnings, contends the Federal Reserve’s policies are powerless in this environment. He doesn’t believe this week’s Fed meeting will provide any kind of relief and cutting rates will not be the answer. “You can’t predict exactly where the creation of credit ...

Justin Kan, says that all the credit for his success goes to his mother and the way she used to assign chores to him and his brothers when they were little kids. Justin Kan is an American Internet entrepreneur and investor who is currently the CEO and co-founder of the law-tech company Atrium. He is the co-founder of live video platforms Justin.tv and Twitch.tv, as well as the mobile social video application Socialcam. He was formerly a partner at Silicon Valley incubator Y Combinator. His attempt to broadcast his entire life at Justin.tv popularized the term “lifecasting”. Kan also started a Reddit-style electronic music discovery platform, The Drop.He also contributes to the technology news site TechCrunch and co-founded Kiko Software, an Ajax based online calendar, with Emmett Shear. Kan graduated from Yale University in 2005 with degrees in physics and philosophy. In 2007, Justin Kan and partners Emmett Shear, Michael Seibel and Kyle Vogt, started Justin.tv, a 24-7 live vid...