Insights & Musings
Ignore Social Media at Your Peril – Even in Scotland
I’m in Scotland and have been learning about a funny but telling incident on social media involving a lowly Scottish football club.It all started on a cold, blustery Saturday last March when the internet was set alight with the name of one football club: Berwick Rangers.A tweet about the club had gone viral. “Ugly scenes in the dugout as Cowdenbeath’s manager has just told [Berwick manager] Johnny Harvey to ‘take his face for a sh*te’ #BRFC.”This was put out on the official Berwick Rangers tweet.
Are We Heading for a Recession?
Last week I was taking a break on the island of Malta.It really is a beautiful place. Full of history and culture of all sorts and from all ages, Malta has some great restaurants too and a wonderful array of beaches. On this island you are never far from the beach no matter which way you turn.On Malta it is sunny vistas all day, every day.While enjoying a morning cappuccino thinking that all was well with the world my eyes strayed to a weekend edition of the Financial Times. It was the headline that arrested my attention straight away: ‘Sterling has finally buckled.’
The Secrets Behind Digital Advertising Works
You may not have noticed but in June 2019 shares in Facebook and Google started to tumble downwards on the tech-heavy Nasdaq exchange. Facebook shares alone lost about $41bn or 5.7%.Why?Fears around increased government scrutiny, or as Nancy Pelosi put it up on Twitter: “The era of self-regulation is over.”The US House Judiciary Committee has opened an investigation into competition in digital markets, while the Department of Justice (DOJ) and Federal Trade Commission (FTC) dividing up authority
Policing the Recruitment in your Business
Recruitment is the biggest issue you will ever face.If a business is to grow then it’s going to need not just more staff, but the right staff.Get it right and you have a winning team; get it wrong and you will not just have a failing team but all the ancillary headaches you might expect from such a situation.
The Ups and Downs of the Federal Reserve
July 2019 will be remembered as the month the United States Federal Reserve showed its determination to fight the sluggish inflation numbers still hanging around an otherwise buoyant US economy.The Fed warned Congress that depressed prices could lead, by an inevitably, to an “unhealthy dynamic” of lower interest rates. This could mean that if a downturn in the economy was to come – and there are few signs it will – but if it did come then it leaves little room for ways to boost the economy as it tries to fight its way out of such an unhappy position – one not known for the last few years.
One Small Step…One Giant Leap…
America has been awash with commemorations of what sort or another for the Apollo 11 mission to the moon – now 50 years old. But on July 20, 1969 it wasn’t just the people of the United States that was glued to television screens, watching what seemed incredible then – and today seems even more incredible. The technology that landed man on the moon looks decidedly primitive by today’s standards. There is the oft repeated fact that there is more hi-tech in the average cell phone today than there was aboard Apollo 11 in 1969.
Let’s Make America Great Again!
If you have been reading these columns you’ll know how just now how good things are in the United States. The economy has taken off, and if it keeps going at this rate it will head out into space! So I was thinking about what it is that makes America great? Or, more particularly, have been looking at the history of that great nation and what has made it great.As far as I can see it’s the people who live in those 50 States
Good News Got Better!
It’s official: the United States of America is now experiencing the longest economic expansion in its history. Last Friday’s US report on jobs brought still more great news about the economy there. This is not just good news; this is great news. There are two things involved in any figures around economic growth. Namely, how much the U.S. economy produces from one year to the next and, then, as a result, how much more income Americans have relative to the previous year.
It’s Independence Day!
And good news reported across the media on the protracted ‘trade war’ between China and the US. Around the world markets have rallied sharply as hopes of a peace deal in the US-China trade war rise. On 1 July, just in time for the holiday, shares on Wall Street hit highs after President Trump and the Chinese president, Xi Jinping, agreed to resume trade negotiations following a meeting at the G20 gathering of world leaders in Japan last weekend. As a result, the Dow Jones industrial average jumped almost 200 points in afternoon trading in New York, a record, before closing up 117 points at 26,717. The wider S&P 500 index of major American firms closed at a record high of 2964. On a day of gains around the world, the FTSE 100 closed 76 points higher at 7,502.
The Magnificent Seven: Mt. Bonnell Advisors, Asia & Austin.
As you might expect, I enjoy cowboy movies. The open range, theplains, the cattle drives, the cowboys, and the saloons … and, ofcourse, the gold!So I was sitting watching The Magnificent Seven. It is a classic film butnot many know it is based on a Japanese film: The Seven Samurai.So here are my magnificent seven Mount Bonnell Advisors thoughts on Austin:
PODCAST SUCCESS!
Something was wrong, seriously wrong.Let me explain.It was Easter weekend. And, I had flown down to Malta for a spot of RNR. My phone started ‘dinging’ and ‘pinging’ at such a breakneck pace that I knew something was seriously wrong. Either the stock markets across the world had collapsed or a nuclear strike had happened somewhere. Whatever it was, it was serious that much was for sure.As it turned it out it was none of these thing – mercifully – but was in fact the most pleasant news I had had in a long time.
The CEO as Master Detective
The most important thing in your company is internal culture. A certain continuity and peace within a company is the thing that makes it grow. Over my years in business I have seen how this internal culture if nurtured will make your company and everyone in it succeed. I have also seen how one person operating against that culture, however, subtle they act and no matter how good they are at their job can destroy everything you have created.
Argo: Belief in the Impossible (spoiler alert)
Argo. Have you seen it?Hardly new, the film was released in 2012 and deservedly won an Oscar.
How to Succeed in Business Without Selling Your Soul
Mt. Bonnell Media never stops.No, really, the guys there are hard at it 24/7. It’s not just the production pipeline for all the media enterprises here at Mt. Bonnell; it’s also our thought incubator.
On Encountering an Emperor and a King in Rural England
About one hour from London there is a place called Farnborough. It is pretty nondescript. I have been there often, but not for the pleasures of this small town, having exhausted those after a brief walk through its center. No, for me the attraction is on a hill overlooking it. Sitting like some medieval gargoyle, all but hidden from view, there is a monastery. Such places often have interesting histories, this one has a story all its own, and it starts at the Battle of Waterloo.Napoleon may have gone into exile after that final defeat, but this was not to be the end of what is still known as the Bonapartist Dynasty. It resurfaced in what was to become the Second Empire. But, like the “First Empire”, this was to be destroyed by a Prussian, only this time not by Blücher but by Bismark.
Mt. Bonnell @ South By South West 2019 – Part 2
Okay, so SXSW 2019 is over.I’m still thinking over all the talks I heard; conversations I had; the people I met; in fact, I’m still living off the whole experience.
Mt. Bonnell @ South By South West 2019 – Part 1
South-by-South West, or ‘South By’, or just SXSW, is now one of the world’s biggest festivals.SXSW is dedicated to helping creative people achieve their goals. Founded in 1987 in Austin, Texas, SXSW is best known for its Conference and Festival that bring together the interactive, gaming, film, and music industries from around the world.
The New Maltese Falcon: On the Trail of Dr. Werner & Partner
I flew to Malta this week.I was on the trail of the latest phenomenon to hit the currency markets: crypto-currency.To that end I had arranged a meeting with Dr. Werner & Partner. This is a law firm based at Sliema with 30 plus employees. As one would expect it has all the trappings of the eminently respectable - if often dull - world of corporate law.One might not suspect, however, that Dr. Werner & Partner is at the center of global crypto-currency. Saying that you could be forgiven for not realizing that Malta is at the cutting edge in development in the world of crypto
Remember the Alamo!
Texas was born on Sunday 6 March 1836.On that day, at 5 am, after what had been a bloody 13-day siege, Mexican General Santa Anna ordered his 1800 troops to once more attack with all the force and numbers they could muster the battered, but still standing, walls of the Alamo, a former mission that now had become a fortress. Its 189 Texan defenders fought to the bitter end against impossible odds. When, however, the dust finally settled after the 90-minute battle, all Alamo defenders lay dead.It was not the end though.
Dublin’s SXSW Blast Off!
Dublin is a great city to visit.No doubt about it: the history, the culture, the food and drink, this is a city that assaults all your senses and all at once.