Daily Archives: December 21, 2009

Financial, Financial Information, Financial Services, Financial Software, Financial Solutions, Forex, Investment, Money, Stocks, Trading

Saxo Bank announce Outrageous Claims for 2010 now live on Trading Floor

Saxo Bank’s annual ‘Outrageous Claims’ now has its own page on tradingfloor.com, the home for news from the Denmark-based online bank’s strategy team.

Among the 10 ‘Outrageous Claims’ for 2010 are predictions of the devaluation of the CNY, the emergence of a third political party in the US, a massive fall in the price of sugar, a positive US trade balance for the first time since the 1975 oil crisis and the US Social Security Trust Fund going bust.

The online futures trade and investment specialist’s ten claims are an annual thought exercise to predict rare but high impact ‘black swan’ events that are beyond the realm of normal market expectations. The exercise aims to challenge market conceptions. Compiled as part of the bank’s 2010 Outlook, the claims this year paint a picture of a more positive year ahead but with a few tremors along the way.

David Karsboel, Chief Economist at Saxo Bank, commented: “We believe that 2010 will be a year of reflation, but structural headwinds lie ahead of us and could turn 2010 into a rollercoaster ride.

“One of the most likely structural headwinds will be a shift in investor focus towards slowing GDP and timing issues regarding the path of FED tightening. This will bring risk aversion back into markets.

“Whilst our annual ‘Outrageous Claims’ should be seen as the black swans of the market rather than outright predictions, we do believe that the odds of these events happening are somewhat higher than what is currently priced into the market,” David Karsboel concluded.

Via EPR Network
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Angel Investors, Business, Financial, Financial Services, Funding, Investment, Money, Venture Capital

Influential Christian Business Leaders Convene In Denver, CO For The 3rd Annual Kingdom Economic Yearly Summit KEYS

Christian business and financial representatives from at least 15 nations and 40 U.S. states will convene Feb. 3-6, 2010 in Denver at the 3rd Annual Kingdom Economic Yearly Summit (KEYS), according to Dr. Bruce Cook, Summit convener and host. “We have the top Christian marketplace thought leaders coming together to offer economic strategies and solutions for today’s troubled times,” said Cook.

Theme for the event is “Fathering Marketplace Leaders: Prospering in Economic Crisis.”

Dr. Lance Wallnau, President of the Lance Learning Group, Keller, TX and Os Hillman, President of Marketplace Leaders Ministries, Cumming, GA will keynote the 2010 Summit along with Dr. Pat Francis, President of Elomax Inc., Pat Francis Ministries and Kingdom Covenant Centre, Toronto, Ontario; Tamara Lowe, best selling author and Executive Vice President and co-founder of Get Motivated Seminars, Inc., Tampa, FL; and Rich Marshall, author of God@Work, Vols. I & II and President of R.O.I. Leadership International, Highlands Ranch, CO; Rick Joyner, best selling author of The Final Quest and numerous other books and founder and senior leader of MorningStar Ministries, Fort Mill, SC.

Other leaders speaking at KEYS 2010 include top-producing real estate broker, author and speaker Kenn Renner, Austin, TX; international business attorney & CEO Carolita Oliveros, president of Oliveros & Associates PC, Tucson, AZ; Al Caperna, CEO of CMC Group, Inc. and Marketplace Leader for Call2All, Bowling Green, OH; Dr. Francis Myles, pastor of Breakthrough City Kingdom Embassy, McKinney, TX and author of The Order of Melchizidek; David van Koevering, physicist, inventor and president of Elsewhen, Cleveland, TN; and John Muratori, author of Rich Church, Poor Church and President of John Muratori Ministries, Senior Pastor of Calvary Life Family Worship Center and Executive Director of Turning Point Christian Center, Cheshire, CT.

“God is moving powerfully in the marketplace,” said Cook, KEYS founder. “What’s happening is both a market correction and a marketplace reformation,” he added, “and the global financial turmoil and shaking of economies, nations, markets, institutions and currencies has helped create or trigger widespread fear and a crisis of belief in many people. In response, a growing number of business men and women are turning to God, discovering prayer and Biblical principles, choosing faith over fear, and re-examining their assumptions and beliefs about finances, investing, debt, retirement and stewardship in light of current conditions,” he stated.

Patterned loosely after the World Economic Forum, but with a Christian focus, the 4-day Summit will also feature Ken Beaudry, President of Beaudry Oil Co., Elk River, MN; Morris Ruddick, President of Ruddick Intl. and Global Strategic Initiatives Foundation, Denver, CO; Kyle Newton, President & CEO of InVision and Newton Inc, Fort Worth, TX; Shawn Bolz, president of Expression58 Ministries, Los Angeles, CA and author of several books; Robert Ricciardelli, former sales executive and President of Visionary Advancement Strategies and Converging Zone Network, Black Mountain, NC; and Teri Werner, business coach and consultant, author of Train Wreck to Triumph and former CEO, Mesquite, TX; Michael Pink, best-selling author, business coach and former sales trainer and corporate executive, Sarasota, FL; and Paul Cuny, retired business executive, author, and president of Marketplace Leadership International, Ponte Vedra Beach, FL.

In addition, speakers will include Dr. Peter Wagner, President of Wagner Leadership Institute and Global Harvest and author of 80 books, Colorado Springs, CO; Peter Roselle, pastor and registered securities dealer and wealth manager for a major Wall Street firm; John L. Sorenson Jr., president of Covenant Bancorp., Chicago, IL; Dr. Marlene McMillan, president, Liberty Ministries, Irving, TX; Jim Barthel, President& CEO of Metals Treatment Technologies LLC and Kingdom Business Alliance (KBA), Arvada, CO; and Dr. Bruce Cook, President, VentureAdvisers Inc., Kingdom House Publishing and Glory Realm Ministries, Leander, TX.

“KBA is very pleased to co-sponsor this year’s KEYS event,” said Barthel. “Having attended each of the previous KEYS, I know that those who attend will experience a‘Mountain Top’ experience unlike any other and will advance in their marketplace purpose, position, passion and power for the Lord,” he added. “This event is for anyone who works or leads in a business environment, as well as ministry leaders desiring to better understand the marketplace and how to relate to business leaders.”

Venue for KEYS 2010 will be Faith Bible Chapel International, located at W. 62nd Ave. & Ward Road in Arvada, CO. Schedule is 8:30 a.m. to 9:30 p.m. daily February 3-5 and 8:30 am to 1:00 pm Feb. 6th. The event is also being webcast and evening sessions will be offered free after 6:30 pm nightly on a space available basis.

Registration fees are $50 for webcast, $99 for students, $199 for adults, and $349 for couples or colleagues.

Group rates are also available, with a 10% discount offered to groups of 10 or more. For more information on KEYS, visit their web site at http://www.KingdomEconomicSummit.com.

About Bruce Cook
Cook, 55, of Leander, TX, is an ordained Christian minister, private investor and financial consultant, and has served as President and Founder of VentureAdvisers Inc. since 2000. Previously, Cook was Research Director for The University of Texas Investment Management Company (UTIMCO) (focused on private equity), and was a marketing communications executive for 12 years for several universities and a software company and technology incubator, and a bank manager for five years. Cook holds a PhD in Higher Education Administration from The University of Texas at Austin (1994) and wrote his dissertation on fundraising theory.

About the Kingdom Economic Yearly Summit (KEYS):
Patterned loosely after the World Economic Forum, but with a Christian focus and perspective, KEYS will feature a number of internationally-known speakers. Christian business and financial representatives from at least 15 nations and 40 U.S. states are expected to attend the 3rd Annual Kingdom Economic Yearly Summit (KEYS) February 3-6, 2010, in Denver, Colorado, in the midst of one of the worst financial crises in modern history.

Via EPR Network
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