{"id":642349,"date":"2017-08-13T03:59:48","date_gmt":"2017-08-13T03:59:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/what-were-tracking-on-13-august-2018\/"},"modified":"2017-08-13T03:59:48","modified_gmt":"2017-08-13T03:59:48","slug":"what-were-tracking-on-13-august-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/what-were-tracking-on-13-august-2018\/","title":{"rendered":"What we\u2019re tracking on 13 August 2018"},"content":{"rendered":"<p><strong>Please, God, let them lower interest rates.<\/strong> The central bank promised us that the 200 bps rate hike earlier this summer would be \u2018temporary.\u2019 Their first opportunity to prove this with a rate cut comes this Thursday, when its monetary policy committee is <a href=\"http:\/\/www.cbe.org.eg\/en\/MonetaryPolicy\/Pages\/MPCMeetingSchedule.aspx\">next scheduled to meet<\/a>.<\/p>\n<p><strong>Where\u2019s the market to short humankind? <\/strong>\u201cIt\u2019s hard to price a potentially extinction event (at least for much of the Korean peninsula),\u201d Timothy Ash, a senior strategist at Bluebay Asset Management, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-08-10\/it-s-hard-to-price-an-extinction-event-like-a-north-korea-war?cmpid=BBD081017_MKT&utm_medium=email&utm_source=newsletter&utm_term=170810&utm_campaign=markets\">told Bloomberg<\/a> in commentary on why financial markets haven\u2019t really reacted much to the escalation in tensions between the US and North Korea. Templeton Emerging Markets Chairman Mark Mobius echoes a similar sentiment, saying \u201cthere\u2019s nothing you can do about it \u2014 if something breaks out, we\u2019re all finished anyway.\u201d US President Donald Trump <a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/895970429734711298\">warned in a tweet<\/a> over the weekend that, \u201cMilitary solutions are now fully in place, locked and loaded, should North Korea act unwisely.\u201d The Donald then <a href=\"https:\/\/twitter.com\/PacificCommand\/status\/895835033038016512\">RT\u2019ed a tweet from US Pacific Command<\/a> echoing US forces in Korea\u2019s motto: \u201c#USAF B-1B Lancer #bombers on Guam stand ready to fulfill USFK\u2019s #FightTonight mission if called upon to do so.\u201d<\/p>\n<p><strong>It seems likely to be a US-centric news week: <\/strong>Look for US movement this week on Chinese trade practices, where <a href=\"http:\/\/www.reuters.com\/article\/us-usa-trump-trade-china-idUSKBN1AS04O\">Trump will reportedly call on Monday for a probe<\/a> \u2014 or not, if the ChiComs help out with North Korea. The Donald is <a href=\"https:\/\/www.ft.com\/content\/cf1639f0-7ee7-11e7-9108-edda0bcbc928\">also picking a fight with Venezuela<\/a> and <a href=\"http:\/\/af.reuters.com\/article\/africaTech\/idAFL1N1KX19E\">sending his son-in-law to launch a fresh round of Palestinian-Israeli talks<\/a>.<\/p>\n<p><strong>Maybe it\u2019s that summer is sliding to a close \u2014 or the prospect of nuclear apocalypse \u2014 <\/strong><strong>but we\u2019re feeling our age here at Enterprise. <\/strong>First, it was being told \u201c<a href=\"https:\/\/digiday.com\/marketing\/move-millennials-gen-z-agencies-rise\/\"><strong>Move over, millennials: Gen Z agencies are on the rise<\/strong><\/a>\u201d by ad agency and media bible Digiday \u2014 with all of the precious exceptionalism with which headlines once told Gen X\u2019ers they were \u2018over\u2019 because the millennials among us were here. Moving on up the age spectrum, we recently stumbled across this 2012 piece by <a href=\"http:\/\/heymarci.com\/\">author Marci Alboher<\/a> (subtly <a href=\"https:\/\/www.amazon.com\/Encore-Career-Handbook-Living-Difference-ebook\/dp\/B0091LQK2Q\/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=\">pitching her book<\/a>) on <a href=\"http:\/\/www.nytimes.com\/2012\/12\/09\/jobs\/switching-careers-at-midlife-to-make-a-difference.html\"><strong>career changes in midlife to \u201cmake a difference.\u201d<\/strong><\/a> Then there\u2019s training for masters sports competitions in your 70s and beyond in \u201c<a href=\"https:\/\/www.nytimes.com\/2017\/08\/11\/your-money\/senior-athletes-staying-in-shape.html\"><strong>She Just Won 3 Gold Medals for Her Swimming. She\u2019s Only 73.<\/strong><\/a>\u201d And to cap it all off? The cutest love story we can remember reading in forever from the New York Times\u2019 weddings column: \u201c<a href=\"https:\/\/www.nytimes.com\/2017\/08\/11\/fashion\/weddings\/senior-citizen-older-couple-wedding.html\"><strong>She\u2019s 98. He\u2019s 94. They Met at the Gym.<\/strong><\/a>\u201d<\/p>\n<p>It\u2019s going to be a more than a few years, we suspect, before we hit the same saturation point and this becomes relevant to Egypt, but Business Insider nevertheless has a good read in, \u201c<a href=\"http:\/\/www.businessinsider.com\/retail-apocalypse-coming-for-grocery-stores-2017-8\"><strong>The retail apocalypse is heading straight for Kroger, Whole Foods, and Aldi<\/strong>.<\/a>\u201d<\/p>\n<p>Oh, and two pieces that were quite helpful to us this weekend: In a land of [redacted] internet, we got a bump from following some of the advice in Wired\u2019s \u201c<a href=\"https:\/\/www.wired.com\/story\/how-to-make-your-wifi-better-faster\/\"><strong>Easy ways to make your janky wi-fi faster and better<\/strong><\/a>.\u201d And Dave Zinczenko\u2019s outfit at Best Life echoes Men\u2019s Health during his iconic editorship with the very useful \u201c<a href=\"http:\/\/bestlifeonline.com\/extra-60-minutes\/\"><strong>60 Ways to Buy an Extra 60 Minutes Every Day<\/strong><\/a>,\u201d which is nowhere near as clickbaity as it sounds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Please, God, let them lower interest rates. The central bank promised us that the 200 bps rate hike earlier this summer would be \u2018temporary.\u2019 Their first opportunity to prove this with a rate cut comes this Thursday, when its monetary policy committee is next scheduled to meet. Where\u2019s the market to short humankind? \u201cIt\u2019s hard [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642349","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"7384583a-032a-4d82-acc7-fba8aa372e75","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642347],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What we\u2019re tracking on 13 August 2018 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/what-were-tracking-on-13-august-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What we\u2019re tracking on 13 August 2018\" \/>\n<meta property=\"og:description\" content=\"Please, God, let them lower interest rates. 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Meanwhile, US Federal Reserve boss Jay Powell gave markets a shot in the arm when he suggested yesterday that US interest rates are \u201cjust below \u2026 neutral\u201d levels. Analysts have interpreted his remarks (transcript here) as a sign that the Fed may\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/11\/Jerome-Powell-web.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":650090,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/what-were-tracking-on-16-march-2017\/","url_meta":{"origin":642349,"position":1},"title":"What we\u2019re tracking on 16 March 2017","author":"enterpriseam admin","date":"16 March 2017","format":false,"excerpt":"Good morning, friends, and happy Thursday from Enterprise Global Headquarters, where we\u2019re enjoying a reasonably quiet news day and looking forward to a relaxing weekend with family and friends.The US Federal Reserve has hiked interest rates \u2014 and emerging markets have, in effect,said \u201cSo what?\u201d The US Fed hiked rates\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631314,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/15\/what-were-tracking-on-15-march-2018\/","url_meta":{"origin":642349,"position":2},"title":"What we\u2019re tracking on 15 March 2018","author":"enterpriseam admin","date":"15 March 2018","format":false,"excerpt":"As we near the central bank\u2019s Monetary Policy Committee meeting a week from today, research houses are guiding their clients to expect an interest rate cut. The sentiment comes on the back of annual urban inflation falling to 14.4% in February from 17.1% in January, inching ever closer to the\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647848,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/what-were-tracking-on-22-may-2017\/","url_meta":{"origin":642349,"position":3},"title":"What we\u2019re tracking on 22 May 2017","author":"enterpriseam admin","date":"22 May 2017","format":false,"excerpt":"Bad news this morning: The Central Bank of Egypt raised interest rates 200 bps overnight. We\u2019re only starting to get our heads around the implications of the rate hike on borrowing costs for the state \u2014 let alone for investment by businesses, who will effectively be borrowing at what were\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622102,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/27\/what-were-tracking-on-27-november-2018\/","url_meta":{"origin":642349,"position":4},"title":"What we\u2019re tracking on 27 November 2018","author":"enterpriseam admin","date":"27 November 2018","format":false,"excerpt":"*** It\u2019s your last chance to take our 2019 reader survey. Tell us whether you\u2019re investing or hiring. What you expect the exchange rate to be. Whether interest rates are winds at your back \u2014 or headwinds. Take part in the largest poll of executive sentiment in Egypt, and we\u2019ll\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/11\/655.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":637397,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/15\/what-were-tracking-on-15-november-2017\/","url_meta":{"origin":642349,"position":5},"title":"What we\u2019re tracking on 15 November 2017","author":"enterpriseam admin","date":"15 November 2017","format":false,"excerpt":"White House considering Mohamed El Erian for Federal Reserve Vice Chair: The White House is considering Allianz\u2019 chief economic adviser and Egypt\u2019s favourite economic whiz Mohamed El Erian for vice chairman of the Federal Reserve, sources confirmed to CNBC on Tuesday. El Erian replace Stanley Fischer, who vacated his seat\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=642349"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642349\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642347"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642349"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642349"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}