Sanjay Shah Adds Trustees To The Board Of Autism Rocks


Autism Rocks has been growing in popularity and importance within the medical community since it was created in 2014 by Solo Capital’s financial expert Sanjay Shah, PR Newswire reports. In the latest move to keep the charity at its most impressive and important the founder of Autism Rocks has appointed two new trustees to the board of the foundation. Sanjay Shah has looked to bring two trusted friends to the board who can bring specific skills to the charity in the form of brothers Pete and Will Best; Shah has been a friend of the Best brothers since their days together at university, and feels they have the chance to add something to the charity through the skills they have developed in their own careers.

Will Best has been a well known figure in U.K. broadcasting and the music industry as he has worked in these areas for a number of years; the work of Will Best is a good compliment for the Autism Rocks charity that specializes in arranging and promoting invitation only concerts. The addition of Pete Best will add to the financial skills already offered by Sanjay Shah within the charity as he has made his way through come of the most successful companies in the financial industry.

Sanjay Shah shared on the Sunday Times he has been an important part of the financial industry during his career working on the financial markets in London. Shah had been one of the most successful figures in global finance for a number of years, but made the decision to change his life following the financial collapse of 2009; instead of taking the step to become a broker for a major financial company in London he formed the Solo Capital UK company and divided his time between London and Dubai.

Shah of Solo Capital according to CompanyCheckmade his way to Dubai as part of the changing lifestyle he undertook after the 2009 economic collapse. Spending more time with his family in Dubai was eventually followed by a diagnosis of autism for Sanjay Shah’s youngest son. A rekindled love of music eventually led to Sanjay Shah forming Autism Rocks to provide one off events featuring major international music stars. The events have been created to provide funding for the Autism Research Center at Cambridge University, which he hopes will benefit at an even larger level following the addition of the new trustees.

George Soros Wants to Head Off Another Global Market Collapse


The world is heading for another economic collapse like the one that happened in 2008, according to George Soros. The liberal billionaire believes that conditions in China and elsewhere could lead to a global economic pandemic. He hopes to prevent some of the negative conditions this could bring on by donating eight million dollars to the Hillary Clinton presidential campaign.

China has devalued the yuan and spent billions of dollars trying to stave off the effects of the 2008 recession. The 2008 recession and housing bubble were caused by a series of events that fit F.A. Hayek’s theories about boom and bust cycles. Bad investments, started in part by the Frank-Dodd act, caused banks to give mortgages to people who could not afford them.

George Soros has made such predictions before. He foresaw the events that led to the Greek financial crisis several months before it happened. These events almost led to the Eastern European nation withdrawing from the European Union. If Germany had not bailed Greece out twice, Italy might have been the next country to fall.

Soros believes that Clinton has the skills needed to keep the United States from suffering too much from the coming crisis. He tried to avert the crisis in 2008 by donating $8 million dollars to the campaign of Senator John Kerry. His bid failed, and he chose not to donate to the democratic party in 2008 and 2012 despite Democratic candidates trying to gain his financial support.

Even though China has promised to stop manipulating the country’s currency by 2020, it is trying to keep its interest rates low. The United States Federal Reserve has followed this policy as well. If the world’s first and second largest economies begin to increase interest rates, it may cause problems throughout the developing world. Governments and businesses in these countries may be forced to default on their loans in much the same way people with adjustable-rate mortgages were forced to default on their home loans.

The 2016 campaign has seen party mavericks rise to power. Hillary Clinton currently leads the polls, but it is possible that Bernie Sanders may gain the lead in future primaries. Trump has the lead on the Republican side, but no candidate, other than Sanders, has talked about their economic policies.

Base Your Market Moves on the Market Movers


George Soros is a billionaire for a reason. Following his moves can help you formulate a strategy of your own. Last quarter Soros Fund Management sold all shares of Chevron, NRG Energy, and Chesapeake Energy, found on The Street.

Soros obviously thinks there is something going on with energy stocks, so what does that mean for the little guy investor? Next week will give us a good indication if Soros made the right call, or if he was pulling the trigger too quickly.

Oil and energy prices have been leading market volatility in the equity markets with every hint of news. Last week Saudi Arabia and Russia came to a surprise agreement to freeze oil production, causing a surge in oil prices. Soon after prices came tumbling back down, with the news that Iran had rejected the freeze. Still angry from recent sanctions, Iran has vowed to to dump oil onto the already existing global gut.

U.S. crude sat at $29.64 at closing on Friday, 73% down from the $110 summer 2014 highs. The impact on the broader markets has been felt as well, the S&P 500 is down 5.82% year to date. A lot of cash is sitting on the sidelines as investors are left to fend for themselves in the volatile energy sector.

Cheap energy prices have put more money into the average consumers pocket, helping foster a resilient consumer confidence index. It is impossible to ignore the broader impact of energy prices on our economy. The US spend $1.4 trillion dollars each year on energy, over 8% of the gross domestic product. There are over nine million jobs supported by the energy industry, accounting for over 5% of the total US employment.

Then comes the worrying news that the World Bank has downgraded its forecast in 2016 to an average price of $37. Last October, it had projected $51 average price per barrel of oil.

George Soros might be a wizard. Called “The Man Who Broke The Bank of England”, Soros famously shorted $10 billion British pounds. This move resulted in a tidy profit of $1 billion when the 1992 “Black Wednesday” currency crisis hit the U.K. His current net worth of $24.4 billion is evidence Soros has an almost prescient mind.

His market prowess aside, Soros is also a major philathropist. Founder and chairmen of Open Society, Soros supports projects over 100 countries. Open Society was founded in 1979 and strives to hold governments accountable, keep rights respected, and make sure the truth is not subject to monopolies. Particularly interested in natural resources, Open Society and Soros feel that transparency is a key component to fair practices.

Christian Siriano’s New Handbags Have Arrived


Women know that fashion doesn’t end with the clothing. The Christian Siriano handbag complements the look. The bags are affordable ranging fro $98 to $350, prices comparable to fashion sites like JustFab. The non-leather totes, clutches and carryalls are available in all sizes and shapes. His bags are designed for any woman. The totes allow a woman to carry her purse within the tote. If he designs a bag that’s short, he includes a shoulder strap for the times when comfort toting a bag, does make a difference. There is a design for every woman who demands that fashion doesn’t end with her garment.

The spring collection of Siriano’s Morocco is exotic animal prints with a statement of support. The attractive elephant charm that embellishes each bag, reminds others that the sales go to support non-poaching of elephants for their ivory. That makes their array of bags, different from other collections. They continue to support organizations who are stopping the poaching of elephants. Find out more about this collection at Marie Claire.