Multi-billionaire investment guru George Soros is an investor who likes to stay responsive to the marketplace. Right now, Soros is feeling ‘bearish’ about the market, and he is diving back into trading after taking a long break. Certainly, right now the world’s political outlook is in flux. Yet Soros, a savvy investor if there ever was one, is now making some big investment moves. The thought behind Soros’ recent moves is that he intends to benefit from the coming economic turmoil he sees on the horizon.
George Soros has been out of the trading markets for a long stretch. He’s held off recently as the market experienced high volatility as a result of the economic changes going on in China. Now however, Soros appears to have changed his strategy and is now looking to benefit from smart trades in a shaky market.
The last time George Soros made large trades was back in 2007, as he took advantage of the looming economic meltdown. Soros prescient market moves netted his company $1 billion in gains over the next two years, so it’s understandable why he would feel moved to get involved in the market again. Soros is a man who moves on his hunches, and right now he is seeing big opportunities in what is happening in the world and in the markets.
Here’s How George Soros’s Latest Predictions Have Played Out
A Bearish George Soros Is Trading Again
According to a recent story in the Wall Street Journal, it seems that Soros got a bit bored being out of the market action in recent years. The story also notes that Soros is feeling quite pessimistic right now about the situation in China and in Europe ,and this is driving his investment strategy. Though some political and market watchers are preaching a policy of positive thinking about the global situation, Soros doesn’t seem to share that view.
Apparently, George Soros still believes that China is in a very unstable position, and the fallout from the ‘Brexit’ vote still hasn’t settled down. All of this pessimism may well pay off for Soros, however, as he watches the market and devises a strategy that turns a dark situation into a big opportunity for gain.
Will Soros strategy pay off as it did for him in the past? Only time will tell, but if Soros’ track record is any indication, it looks like things will pay off handsomely for him.
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Dallas based Securus Technologies has announced that they will release weekly documents underscoring the wrongdoings of law enforcement telecommunications provider Global Tel Link (GTL).
According to a recent investigation launched by the Louisiana Public Service Commission, GTL has fraud claims that date as far back as 1998. The company has received thousands of complaints since the company began contracting with the Louisiana Department of Correction. “Most of the public complaints have fallen on deaf ears,” said a prison insider.
What GTL has done amounts to fraud, pure and simple. The company’s lack of integrity has launched a call to action by Securus. The goal is to shame the company into getting on the right track, said CEO Rick Smith. Many prison officials agree. “I love this industry, but to see it being dragged through the mud by greed and fraud makes my blood boil,” said Smith.
The list of infractions by GTL reads like a novel. The company has been accused of altering clock time in an effort to make it seem as though the caller was on the phone longer than they actually were. That’s the tip of the iceberg. Some of the more egregious claims include double billing clients, unfairly using add-on programs, artificially inflating call charges and times and bilking the citizens of the state of Louisiana.
“The sad part about the fraud is that it affects the segment of society that cannot afford it,” said the insider.
There definitely needs to be a rule change and some very severe punishments should be levied as a deterrent, according to prison officials. “People like GTL are robbing people blind,” said a customer. “I have lodged numerous complaints against them. So hopefully, something will happen.”
The Inspiration of Co-Working Spaces
There’s a new trend in the world today that’s all about sharing. We have ride-sharing though Uber and Lyft and we also are seeing a growing trend towards shared work spaces. The shared workspace often works through memberships, in which a freelance worker or a team of workers pay a set amount every month that enables them to use an office space that is shared with other workers. This setup can be great for workers financially, as it gives them a “neutral” workspace away from home without having the cost of signing a lease and furnishing a space. Yet a new study is also showing that there is even more benefit to this concept than previously known.
Working and Thriving
Researchers are now finding that workers who share a space report their feeling of “thriving” to be higher than average, at about a 6 or 7 on a ten point scale of measurement. The big question is why.
One of the big bonuses in the shared work environment seems to be that workers there have a feeling that their work is meaningful to them. In this kind of shared space, a person working on their own project is not in any kind of competition with the other people in the space. This alleviates work stress and can also give the worker more pride in their own individual work.
Co-working spaces also offer opportunities for workers to lend a hand to others in their space, which also promotes pride and good feeling. Over 1700 co-working spaces in the US have signed an online document called the “Co-working Manifesto,” which outlines a mission of being part of a supportive work environment.
One of the places currently seeing success as a co-working space is Workville in New York. Workville offers to rent Manhattan offices for the community located near Times Square in New York City. It offers a clean, bright “sun-drenched” workspace that is available in various tiers, at various prices.
Workville is really catching on for motivated freelance workers in New York. It offers three work terraces, a coffee bar, and a place to work hard at the hours the worker sets. All of this is available at a working person’s price level and budget.
There’s no doubt the shared community idea is catching on, with a mission to help people work and get along beautifully in the process.