New 'zaa' for Austin Chamber of Commerce

By


Sampson I.M Onwuka

Using the history of Wall Street in New York, the rise of MERC - Chicago Mercantile Exchange, Overnight lending for Banks (LIBOR), the origination of the CURB and Mid-Western, the political consequences of daily rates at the U.S Treasury, the U.S Federal Reserve System, the NFA and the FINRA, the American Trade Union, etc., which are trade and financial institutions that host financial statement and literature or Indexing; Nikkei, Hang seng, FTSE All world, Dow Jones Industrial, S & P TSX composite, Ibex 35, Xetra Dax, IPC Mexico City, Bovespa (Mexico City), FTSE MIB (Milan), BSE Sensex (Mumbai), Shanghai Composite, CAC 40 Paris, to name some of the popular listings in the world. It may sound like an overstatement that the world closer than we think, but the listing for stock markets differ - to a point that the market reflect the history of these independent Cities. It is the Chamber of Commerce and Mercantile Exchange or World Financial Centers that create the environment for cheap negotiation affecting long term view of the Stock markets and the general performance of business groups interested in breaking new grounds. Growth is the destiny of any market in the world and a capital-city like Austin is not different. Austin's short term advantage is based on any number of its competitive price advantage and offer (not the same) which raises the question of long term and more fundamental view of its market. How well this happens especially in the vibrant but discreet environment such as Austin is a factor of counter price advantage which international stock and external economies of scale can determine.  

A case for Austin's trading place (market place) can be made with some consideration of the attitude of other Cities in the State of Texas to Austin, secondly, how some of the market-places around the world will engage the Capital-City pursuant to due diligence operators, auctioneers and third party representatives and activity (inactivity) of the judges. It is not wrong to suggest that a City Hall that organize bond announcement cannot offer the rest of the State and Capitol City some advantage in breaking market information and raising it's international reach. It is how well any of the agencies in the State or the City can settle its accord with the listing families and how well it conform to other rate of returns is the chief ingredient in helping investor confidence. A third consideration is the role of Austin's fractured Chamber of Commerce - as compared to African American Chamber of Commerce, it seems that the idea of districts and the penultimate employment of City resources pale in comparison to what an organization can do a City such as Austin Texas. African American Chamber of Commerce or Black Chamber of Commerce is a huge advantage in corporate governance of the Capital-City, whereas personal interest do not dissociate from Charity organization, the higher chances of accounting for the wealth of the City's resources and resources allocation is a trial of price and advantage which open market or stock can offer the City of Austin.   

Given the conditional influence of the house of Representative and the placement of State house which wield more power than we know, there are hardly any rungs of understating a market place in Austin or Stock market will compote easily with the rest of State or gyrate from Austin to Houston without challenge. It is also an understatement to doubt that artificial laid back situation of the City of Austin is indicative of its fire power and rapid trading. Majority of the trading these days is done from the primacy of your own trade station and the like New York - the Stock market is no longer an affair to the house the bear and the bull built on Broadway. This is an error with Austin, for at least the better angels of our trade experience points to Houston - but there are many similar Houston(s) in the United States and perhaps the world - perhaps none - but in Austin, we encounter the realities of day to day breaking and how some new entente can take official position with the City that is loosely concerned with any influences over the State of Texas. A rapier induction to Austin is the market wroth of the City, perhaps functioning at a rate that is higher than most - cleaner perhaps than some - but will succumb to age if there are no price to pay for hosting the rest of the world. It is in this respect that all the good that a Chamber of Commerce can offer assume a position with City management, to an enabled degree that a future holds a degree of statement that a City of Austin shift from organ of local investment to host the market place in the interest of price and profit which a noisy and short term memory of its citizens can offer.  

There other issues of housing and dipole logical social and cultural miasma which ended recently, but o organize a similar trading place in Austin saving for a line of reason that defines Austin's landscape and perhaps Chamber of Commerce. A market place is not new in Austin or in any City Capitol or the need for up to date economic index lacking in the City. A Capitol-City has means of supporting itself, but the dissent over the local problems of manufacturing and industries, over announcement of new IPOs and stocks options for total Texas and new announcement for government bonds is perhaps one of the better problems of the Capitol – when upon a credit line, we are discussing the issue of ETF which has earned recent exposure in recent years. There are casualties of ETF just as we have serious questions of stock market collapse or draw down for bonds and the long and tedious complications with FTC and Federal Income Requirement for new IPOs. If this concern raises the issue of monopoly with bonds and financial estimate for a year end, many citizens may not have genuine concerns of taxes and rent issue or high price in the least affordable of luxuries.

In , it is Albany New York that serves its purpose as an example. Albany, New York, like Austin Texas, is a Capital-City held with fortitude by residents and their descendants and since the turn of the 20th century and to some degree today, bonds, market news and information are subject to monopoly which in turn affect City of New York and performance of several financial institutions at , a monopoly that the business man Bloomberg tried like many others to break in New York in 1980 with the need for informed system (Internet) - Bloomberg terminal. We are beyond this cycle of financial comptroller and beyond poor accountability resulting from citizens unaware of the rules of engagement and law and levels of discredit. Austin needs to consider a career in trading place/s other than City Hall which is quite small for a City approaching one million demographic. In essence, the City of Austin may be appropriate for a stock market in view of Houston or in spite of Houston and International Crude Oil market, part of the reason is the leverage it provides for America West of Texas and perhaps the City of Mexico and understated import and tariff ennui. The Capitol-City may seem bullish on housing, may lack stadiums that generate a specie income for a professional class, may have a reasonable pool on retiring and retired IRA accounts, but the future is not housing - it is market place.