A Guide To The Standardized Mini-Mental State Examination: Fill & Download for Free

GET FORM

Download the form

How to Edit The A Guide To The Standardized Mini-Mental State Examination and make a signature Online

Start on editing, signing and sharing your A Guide To The Standardized Mini-Mental State Examination online refering to these easy steps:

  • Click on the Get Form or Get Form Now button on the current page to make access to the PDF editor.
  • Give it a little time before the A Guide To The Standardized Mini-Mental State Examination is loaded
  • Use the tools in the top toolbar to edit the file, and the edits will be saved automatically
  • Download your edited file.
Get Form

Download the form

The best-reviewed Tool to Edit and Sign the A Guide To The Standardized Mini-Mental State Examination

Start editing a A Guide To The Standardized Mini-Mental State Examination in a second

Get Form

Download the form

A simple tutorial on editing A Guide To The Standardized Mini-Mental State Examination Online

It has become quite simple lately to edit your PDF files online, and CocoDoc is the best free PDF editor you have ever used to do some editing to your file and save it. Follow our simple tutorial and start!

  • Click the Get Form or Get Form Now button on the current page to start modifying your PDF
  • Create or modify your text using the editing tools on the tool pane above.
  • Affter changing your content, put on the date and make a signature to finalize it.
  • Go over it agian your form before you click to download it

How to add a signature on your A Guide To The Standardized Mini-Mental State Examination

Though most people are accustomed to signing paper documents using a pen, electronic signatures are becoming more usual, follow these steps to PDF signature!

  • Click the Get Form or Get Form Now button to begin editing on A Guide To The Standardized Mini-Mental State Examination in CocoDoc PDF editor.
  • Click on Sign in the toolbar on the top
  • A popup will open, click Add new signature button and you'll have three options—Type, Draw, and Upload. Once you're done, click the Save button.
  • Drag, resize and position the signature inside your PDF file

How to add a textbox on your A Guide To The Standardized Mini-Mental State Examination

If you have the need to add a text box on your PDF so you can customize your special content, follow the guide to finish it.

  • Open the PDF file in CocoDoc PDF editor.
  • Click Text Box on the top toolbar and move your mouse to drag it wherever you want to put it.
  • Write down the text you need to insert. After you’ve inserted the text, you can utilize the text editing tools to resize, color or bold the text.
  • When you're done, click OK to save it. If you’re not satisfied with the text, click on the trash can icon to delete it and start afresh.

A simple guide to Edit Your A Guide To The Standardized Mini-Mental State Examination on G Suite

If you are finding a solution for PDF editing on G suite, CocoDoc PDF editor is a recommendable tool that can be used directly from Google Drive to create or edit files.

  • Find CocoDoc PDF editor and install the add-on for google drive.
  • Right-click on a PDF file in your Google Drive and select Open With.
  • Select CocoDoc PDF on the popup list to open your file with and allow CocoDoc to access your google account.
  • Edit PDF documents, adding text, images, editing existing text, annotate in highlight, polish the text up in CocoDoc PDF editor before pushing the Download button.

PDF Editor FAQ

What will the end of the bull market in bonds bring?

Below is an extract of a piece I wrote that was published by Marc Faber a little more than a year back with the emphasis on the longer-term prospects for inflation, but touching also on those for real yields.Gloom Boom Doom by Marc FaberI think the arguments still apply. In particular, the key thing to note as I update this answer on 22nd June 2015, is that investors are currently negative on Chinese growth (see recent Barclays and Merrill surveys) and don't expect positive growth surprises from that region:China's equity market in 'bubble': Bofa-ML survey | The Economic Times Video | ET NowYet the equity market points to a very different picture, because the two best predictors of future growth are equity prices and the yield curve. Chinese growth will accelerate from here, and that will have negative implications for bund prices, and positive implications for breakeven inflation and commodity prices.If I had written it for Quora, I would have picked a different style. In this case, I am afraid that I took the deliberate choice to explore the prospects for inflation and growth in a leisurely manner, because I think the problem of our age is that we are in too much of a hurry to get to the point, and this paradoxically leads to locking on to what is salient and missing the slower, more powerful developments that are truly important. If you wish to see the investment implications skip towards the end.As regards the consequences of the end of the bond market bull, one needs to be careful about reasoning from a price change and think about what the underlying factors might be that give rise to this shift in regime. These are often only possible to discern fully with the benefit of hindsight, and the problem is that all the daily noise about which policymaker said what, and which economic numbers surprised is interesting, but the integral of this noise is not the same thing as what turns out to be most important in driving these longer-term developments.For example, a bond bear market due to galloping inflation and stagnant growth has a totally different significance to one that is due to a stunning revival in growth amidst stable inflation. One needs to go to the underlying factors to know what a bond bear market might mean.So I beg your patience in addressing also some of the reasons why bonds might be turning, because these are important in understanding the implications of the change in trend.One aspect that I did not address was that rising yields will put pressure on budgets of highly-indebted nations (I mean for the public sector debt) and lead, perhaps to spending cuts in real terms, perhaps not, but in any case to a shrinking in the share of government spending as a proportion of output. The social and cultural consequences of this will be significant, and I will address these elsewhere.===Extract begins:The consensus narrative is at present concerned over deflation in Europe and globally, motivated by concerns over the perceived persistent labour market weakness, policymakers have pressed further into strange territory (forward guidance) in the belief that inflation is not an immediate problem, and that the central bank knows very well how to defeat inflation once it becomes evident. I believe that from a strategic perspective these concerns over deflation and weak growth will turn out to be mistaken, that it will be more difficult to control inflation than most anticipate, and that tactically the timing and entry level are right to take the other side of the trade and bet on reflation by entering a long breakeven inflation position. [Ed: a bit early, but there is no shame in being stopped out now and then].This is a multi-month trade that has the potential given the supportive macro backdrop to become a longer-term position and, in any case, whatever one’s horizon or asset class, few investors can afford to neglect considering the inflation outlook and, in that context, I hope that this perspective may be of some interest.Over time I intend to write a piece that is more closely reasoned and supported by deeper analysis on this topic. What follows is impressionistic in tone: I am using data to support the plausibility of a thesis, rather than to demonstrate its correctness. In part that is due to temporary resource constraints, and in part because I believe a view informed by an interpretation of the gestalt to be more useful than reductive analysis on its own. There is more thought behind this than I am able to set out in a piece that is short in relation to the intrinsic richness of the topic and if I can stimulate the reader’s imagination, this piece will be a success.By gestalt, I mean an approach that considers the coherent picture of financial, psychological, and economic variables and the way they naturally unfold together over time, whereas I think it is useful to remember that analysis essentially involves breaking a problem down into pieces – a valuable component in formulating a view, but there are dangers in not putting them back together in a way that respects the natural coherence in economic life. Starting my career as a ‘rocket scientist’ led me also to appreciate the limits of analysis.As an occasional contrarian and sometime student of mass psychology, I diagnose mild insanity from this perspective with regards to talk of deflation in Europe. Headline focus has accompanied capitulation-type price action in implied breakevens. [Ed: it's amazing how long seemingly-obvious moves take to unfold - we saw the same in 2007-2008]French 10 year breakevens (daily)The mistake is perhaps to reify observed weakness in headline inflation and treat it as a phenomenon real in itself and think one is in a Fisher-type of deflation that will therefore persist, rather than just a time of possibly temporary softness which perhaps could persist, but won't necessarily do so. If we were seeing a genuine broad deflationary move (or prelude to one), the constellation of prices and economic data would be utterly different from what we do in fact observe. There are in fact certain basic cognitive reasons for the tendency of mainstream economic analysts to fail to integrate the overall picture that the highly erudite polymath Dr Iain McGilchrist has set out in his difficult but rewarding masterwork “The Master and His Emissary”.Furthermore, both inflation and real GDP tend to follow credit growth (or money x velocity) with a lag. (The quantity identity is an identity at a point in time, but I trust you follow my point). Given the pressure on European banks into July 2012 (and ongoing mini-stress for some time following that), one would expect soft price pressure in Europe for as long as maybe 18 months following that. (Credit to Gavekal many years back for their work on relationship between bank stocks and velocity). That takes us to early this year, and we have seen exactly what one would have expected at the time one would expect it - subdued inflationary pressure today is exactly what one would expect had commodity prices just remained stable.European Banks weak into July 2012But they have staged a recovery in absolute terms, keeping pace with the index since then:European Banks vs Eurostoxx relative strengthCommodity outlook overall supportive for breakevensSummary: weakness in commodity prices into Jan 2014 only compounded European disinflationary pressure. The outlook from a technical perspective looks very positive longer-term, and this has been, and may continue to be magnified for emerging markets by persistent currency weakness. Food prices are critical in the wage inflation process – these have participated in general commodity strength, and there are reasons to expect further substantial upside in coming years. Industrial commodity weakness constitutes a risk to the thesis. [You don't say!]Rather than stability in commodity prices, we actually saw weakness: an upside climax into fall 2012 and the weakness since then only added to the disinflationary pressure from the weak European credit situation.For perhaps obvious reasons, there tends to be a positive, although far from perfect, relationship between commodity prices and breakeven inflation over time. (Energy has been a particular focus of shorter-term inflation market participants, but it is not only energy that matters, especially for larger moves sustained over time).Commodities were basing during the period July 2013 - Jan 2014, and have gone ballistic to the upside since then. However breakeven inflation has been stable in the US, and soft in Europe. I have noticed it's a common mistake in markets when an intermarket relationship breaks down for idiosyncratic reasons to expect that the breakdown will continue, whereas sometimes there is no sustained breakdown - just a lag until the opposing idiosyncratic factor has exhausted itself. We may see a catch-up and then reconnection between the movement of breakevens and commodity prices.Previously I turned strategically negative industrial commodity prices in May 2011, with some of the key factors being increased supply, the likelihood of both slowing credit and economic growth in China, and a lower resource elasticity of growth. With copper off 32% from the July 2011 peak, and the troubles of industrial commodity-producing nations very much in focus, the risk:reward of this view and probability of success are now much less appealing. However further development along these lines does present a near-term risk for my new bullish breakeven view from a tactical perspective, even should the longer-term idea be well-founded; and of course we may continue to see the stop-go kind of economic recovery experienced since 2009, and short-term tension between prospectively tighter policy and rising inflation trend.Continuous Commodity Index (CCI)DB Agriculture (Returns) Index in numeraire of JPM emerging market fx indexCoffee (USD)Corn (USD)Corn (USD, adjusted by CPI) – long term monthlyFood prices remain cheap in longer-term context (corn is today at 26% of the July 1974 peak, but peaks prior to this – not shown on chart - have been higher than 1974 levels)Significantly, food prices have participated in the rally. Marc Faber has observed that every period of sustained inflation involves inflation in food prices, and that persistent food inflation tends eventually to lead to broad wage inflation. We remember the 1970s inflation for the oil shock, but not that it was preceded by a large move higher in soybeans (and somewhat other agricultural commodities). Whilst food today constitutes a smaller portion of developed world consumption baskets, this does not mean that its price is unimportant given the indirect impact via emerging market wagesand imported goods. Given the general weakness in emerging market currencies (satisfying to see since my strategic bearish note of July 2011), the commodity pressure is compounded in these regions.I find the standard long-term bullish fundamental thesis for food prices (reading suggestions available on request) to be quite convincing, but (looking past geopolitics and short-term weather) other developments not yet widely appreciated may also prove more important on an investment horizon.Marc Faber has previously published a GBD guest piece on the influence of ocean cycles. It may be that there are other under-recognised but important influences on food prices of astronomical origin. In the C19, Jevons and Herschel – although leading men of their time - incurred the ridicule of their contemporaries for suggesting a putative relationship between solar activity and food prices. Recent authors have arrived at a more favourable assessment of their work, but I raise the topic with trepidation given the politicisation in the Anglosphere of questions of climate. (This is much less the case in Asia, Russia and Germany). It is possible that the sun may have entered since 2000 a period of subdued activity that would endure till 2035 or beyond (the Eddy Minimum). The interested reader may wish to explore variouspaperson this, and the implications for agriculturalproductivityvia the influence of cloud formation on the Earth’s albedo, and via a putative solar link to volcanic activity. Integrated world trade reduces the effects of local crop failures, and in the long-run marginal land may be brought back under cultivation; I suggest that this will not necessarily prevent a long-term bull market in food.Neither the long-term nor the tactical validity of the thesis depends on a bull market in food prices, but this would certainly be one very supportive factor, and one to which I think the consensus does not pay sufficient attention.Labour MarketReturning to the more conventional fundamentals: I have not space to look at the labour market properly in this note. But US quit rate continues to ratchet higher from depressed levels (the relevance being that workers do not lightly quit their job in adverse labour market conditions):Money Hourly Earnings growth at least off the lows if, to be frank, not yet stellar (and in real terms the picture is worse):Ratio of JOLT Quit Rate to Separations (quits+fires) Rate keeps ratcheting higher – now back at non-crisis levels:US economic surprises have lately been very negative. I wonder what payroll will bring tomorrow:-There have been some signs of firming in the UK labour market, but I will not set them out here for now.I note briefly but importantly that in the US we have just passed through peak fiscal drag, and that labour market challenges relate especially to local and state government employment more than private.All of this comes as we leave a period when surveys show that job dissatisfaction has lately been at record bad levels – implying that many people have been holding on to a miserable job for fear of not being able to find another. When the tide turns, we could be surprised by the magnitude and persistence of upward wage pressure.More than a dozen years after China’s entry into the WTO, laying of fibre made offshoring of white-collar jobs feasible, and bandwidth/storage/computational advances reached a threshold sufficient to allow a wave of automation to unfold, the consensus continues to extrapolate recent pressure on the middle class out into the indefinite future. A mere half-generation after the climax of dotcom euphoria, today being bullish on the prospects for the West and its workers has come to be seen as a highly eccentric and unsophisticated position.But, just as the painful effect of emerging market integration and technological change for workers in the West was foreseen at an early stage by very few mainstream commentators (Marc Faber stands out as a notable exception, but in those days his following was more select), it may be that a shift to a more positive outlook for wage growth also comes as a surprise. Many years before Schumpeter wrote about the role of creative destruction in a market economy, another German-speaking genius (Hölderlin)expressed a cognate insight in poetic terms that captures the essence of change in nature at a perhaps more profound level: “where the peril is greatest, there lies thesaving grace also”Concrete explorations of the specific factors supporting an upturn in economy-wide nominal wage growth lie outside the scope of this piece, but I recommend thestudiesby BCG on US manufacturing (free e-book from Amazon hereHow Shifting Global Economics Are Creating an American Comeback eBook: Harold L. Sirkin, Justin Rose, Michael Zinser: Amazon.co.uk: Kindle Store)It is no longer a no-brainer to move production to China (or Vietnam). For a certain class of products, developed world relative unit labour costs are pretty competitive, bearing in mind the longevity of plant, emerging market wage inflation and recruitment difficulties, that labour costs form only part of the total costs of a product, and that costs for co-ordination, quality control, and the protection of intellectual property are not to be neglected. (The US, especially, benefiting from domestic shale gas production as well as a high level of productivity).And in the longer run, from a practical perspective (setting aside past interminable although intellectually interesting past debates over Austrian capital vs neo-Ricardian theory) the attractiveness of replacing labour with capital is likely at this juncture to be heavily influenced by the cost of capital ie the interest rate. Very simplistically: when rates are 1% it may be appealing to replace a worker with a $2mm piece of machinery; at a 5% cost of capital, it is much less appealing. I have a couple of pieces on this topic that may be of interest.It is human nature to predict the past based on an extrapolation of recent experience, the awareness that one is extrapolating being only somewhat realised at a conscious level. In 2007, after 25 years of falling macroeconomic volatility, the policymaking world experienced a pandemic of self-congratulation over the Great Moderation (attributed in substantial part to the excellence of modern central banking) – this was not to prove a terribly effective guide to future experience.Similarly, one is struck by the pessimism that resulted from the financial crisis – the prior extrapolation of good times indefinitely was followed by a new extrapolation of bad times indefinitely. Whereas, although the macroeconomic experience has been difficult, it’s proved to be much more favourable than expected by most analysts in March 2009 (and for quite some time after that). For all our sophistication in macroeconomic modelling, the pattern of errors in expectations is quite in accordance with the observations of Keynes’s rival, A.C. Pigou, about post-crisis psychology:"The error of optimism dies in the crisis, but in dying it gives birth to an error of pessimism. This new error is born not an infant, but a giant”.Even should interest rates remain at present subdued levels (something that is very far from what I expect), first order a sharply lowered cost of capital will lead to a one-shot adjustment in the desired capital stock in relation to labour – of course this plays out over a period of time, but this period is not infinite. Over time, as rates stabilize at a low level, then conceptually at some point the adjustment will be complete. Viewed quarter by quarter in terms of the flow of substitution of labour by capital (automation specifically), this might perhaps play out as the first derivative of an S curve (looking like a normal distribution with time on the X axis) – and, certainly, rising rates will tend to subdue any further adjustment. Incidentally, I am far from bearish on capex overall, but that is better addressed in a future note.Of course, in a more complete model, not to mention in the real world, it’s very much more complex than this, and one needs to study at a sectoral level the degree to which these waves have played out or have further to go, but I wanted to remind you of some basic economic reasons why one might be cautious about presuming automation and offshoring mean that recent experience will inevitably prove to be a good guide to the future.Furthermore, in what remains even today a reasonably flexible economy, workers displaced by new technologies do find new jobs over time, and the new enterprises created by emerging technology combinations (cloud computing, certain high quality open-source software, emerging credit market innovations such as crowdfunding, big data, tablets, social media, broadband everywhere, private sector space projects, cheap drones, 3D printing to name just a few) tend in the beginning to be too small to be picked up in the macroeconomic aggregates, but their rapid pace of growth means that this is only temporary. A couple of years ago, there was a cheap shot of a meme asking rhetorically “how many jobs has Twitter created?” Increasingly, this is a difficult stance to maintain if one examines carefully the growth of new enterprises. One might as well have asked in the mid-90s “how many jobs has Netscape created?”There is pessimism too over the outlook for productivity, with a paper by the luminary Robert Gordon published in August 2012 asking “Is US Economic Growth Over?”. Whilst I do have concerns on a multi-decadal horizon relating to factors not discussed by Gordon (see Michael Woodley’s workon certain controversial aspects of demographic change), it’s worth noting that there is a strong cyclical element of pessimism in views about productivity.Writing from a perspective informed by an understanding of mass psychology, I view confidence not as based on an essentially purely rational calculation of local prospects, but reflecting in part certain vast psychological tides that influence consumers, entrepreneurs, central bankers, and street economists – the latter two not escaping the tidal influence in spite of their analytical sophistication. In accordance with the behavioural finance phenomenon of misattribution of mood, when people are feeling gloomy there is a tendency to arrive at rationalisations for their state of mind, which although often soundly based in fact, may not actually prove a good guide to future prospects.Even within the more conventional approach, some rigorous academic work does suggest that rising confidence tends to foreshadow productivity booms. In other words, holding an apparently rationally pessimistic belief about growth prospects on the basis of what appear on the face of it to be weak fundamentals has a circular aspect to it that nonetheless is unable to sustain itself indefinitely: an NBER working paper of 2011 by Beaudry, Nam, and Wang suggests the sequencing of events is typically that one will see confidence shift first, and then total factor productivity will follow over the succeeding 8 to 10 quarters. (They find that in excess of 50% of business cycle fluctuations in hours and output can be explained by mood swings). I have some ideas about why this might be, but discussion of these lies outside the scope of this paper.Consumer confidence certainly has improved since the worst period of Feb 2009 (although for now it remains at somewhat depressed level) and may continue to do so, and this might be expected possibly to anticipate an improvement in total factor productivity growth in the years ahead. I do not claim in this short note to have demonstrated in a rigorous way that this scenario must necessarily unfold this way, but perhaps it may open up the possibility to the reader of imagining that the future may unfold differently from the consensus gloom.US Conference Board Consumer ConfidenceAt a remarkably similar point in the cycle - five years after the major bear market bottom of 1982 -Solow joked that “Computers are everywhere but in the productivity statistics”, but the perception a decade later was quite different. As the work of Erik Brynjolfsson shows, for technology to feed through into real gains in productivity one needs not just a wave of complementary innovations at a technical level, but also certain organisational adaptations. Humans being what they are, this takes time, and involves a period of experimentation and social learning as to how to adapt to the new possibilities – and this applies as much to creating new revenue models as to productivity gains. Newspapers were initially devastated by the loss of revenue from advertising, and the unwillingness of people to pay to read on a PC, but the outlook today is rather more positive to that of past experience. Might healthcare, and other more economically significant industries be next ?New York Times - a renaissance?My thoughts here relate to much more than just the outlook for productivity, but productivity is an important part of the question. Although within a standard macroeconomic model, being positive on productivity growth would naturally seem to lead one to be less positive about the prospects for inflation, the world is a more complicated place than can be captured by such models, and recent weak productivity experience is one factor supporting pessimism over economic prospects, and it may be that the influence of any future less pessimistic outlook on labour market perceptions and bargaining will dominate the mechanical effects of higher productivity on unit costs.The implications of the above broader discussion might be important primarily for the prospects for real growth rather than inflation if the labour market were at a different juncture, and the backdrop of money and credit were different. However given the setup we have, it is my judgment that the implications for wage inflation (in excess of productivity growth) are more immediately important from a macro investment perspective. I will try to elaborate the reasons for this judgement in another piece but note that changes in velocity can be explained reasonably well by payroll growth, interest rates, and the strength of financial stocks.So I suggest that wage growth has been depressed by fear: fear of the economic environment, fear of being replaced by a machine, fear of one’s job being offshored. Euphoria may be sustained for a while, but for humans it’s hard to stay scared for an extended period. Prolonged despair did not serve our ancestors very well, no matter what the challenges. The point is that viewed from certain perspectives, the fundamentals have been shifting slowly against the doomed-middle-class thesis for some time now, but perceptions of the situation have been stuck in a gloomy mode. However, perceptions of value and the inflationary mentality do have an emotional component, and the sentiments of a crowd can shift quite abruptly, especially during somewhat chaotic times when conventional anchors have been disturbed.Economists have not historically demonstrated outstanding prowess in their ability to anticipate such shifts. Fed officials have recently had to endure a degree of taunting over their misplaced inflationary concerns in July 2008 (we had a slightly different view at that time!), but I do not see that their track record can be seen as egregiously poor when compared with other purely economic practitioners. Forward guidance today would have merit if the central bank had superior insight into the real economy to the market. If however, the market has superior insight in anticipating future developments then forward guidance based on a model that lags behind must be seen as inevitably destabilizing, and the doctrine of Mr Carney as failing to benefit from the preceding, although admittedly not peer-reviewed,insights of Mr Cnut.I have written before about the problems of the Reinhart-Rogoff thesis. How about the specific argument that the excess credit growth we have seen is unlikely to be translated into inflation given the typical post-crisis experience? Samuel Reynard at the Swiss National Bank has made a study of post-crisis episodes and finds that contrary to prevalent perception, the “empirical relationship between money and subsequent inflation developments has remained stable and similar in crisis and normal times”. Short-term, inflation may undershoot what is implied by excess monetary growth but, as risk appetite recovers, the relationship normalizes.In other words it simply isn’t the case that the central bank can just raise rates and defeat inflation – by the time they start to act (and they have made a big fuss about their commitment to raising rates late), there is a lot baked in the cake and it’s tough to endure the loss of output required to get back to inflation target quickly – and in AD 2014, mass democracies in the West do not do tough well, and this, too, is something that will be obvious to market participants once the inflationary cycle turns.Investment ImplicationsTo make a necessary statement of the obvious, one is not betting on imminent headline inflation by owning breakevens at this level – just that the market will start to reprice implied expectations. By the time one has all the evidence one needs to be sure headline inflation is going higher, breakevens will certainly be at less attractive levels to enter the trade. Embracing in a controlled way the possibility of being wrong may prove safer than waiting till one can be certain one is correct.Many of my somewhat-impressionistic thoughts above are rather longer-term, and of course I recognize that timing is key. This being said, the allocation of attention in our era places inordinate emphasis on trying to identify fundamental catalysts for short-term moves (is this not the loser’s game?), whereas truly powerful fundamentals unfold quite slowly in the beginning – often too slowly for those glued to the ticker to be able to make sense of, and yet quickly enough once they build up a head of steam that they ought not to be neglected even by an investor measured by monthly or quarterly performance.People often seem to have the view that there is a basic divide in the investment universe between on the one hand awe-inspiring but volatile highly-cerebral, thematic Great Macro Thinkers, and on the other, prosaic, relatively inarticulate and more instinctual yet more disciplined directional Traders. Whether or not this perception is justified, I do believe that there is an ecological niche in the ground between the two categories. It is worth noting that Soros, who often seems to present himself as basing his views on a philosophical framework, turns out to benefit much more from somatic insight than is commonly recognized. Writing as a student of those who have gone before me, I believe that this somatically-informed approach fits much better with an organic perspective oriented towards reflective coherence in perceiving the gestalt than that of pure reductive Cartesian analysis. (Longer explanation available on request).So I do have strong reasons for favouring the trade at this time and level, but do not feel it is appropriate to lengthen this piece by setting them out further here for now.Cautionary note: whilst I am bullish on the real economy in the West, the implications of rising implied inflation expectations accompanied by a pickup in nominal wage growth and higher commodity prices are not clearly unambiguously ultra-positive for equity markets –especially for bond proxies, or for many of the real assets that have been in demand as inflation hedges in the post-2003 period. Financial assets tend to move in anticipation of future developments, and generally do much better when credit growth is abundant with subdued inflation and real growth positive but subdued – the actual arrival of a proper inflationary episode has often been a less pleasant experience. Beyond the relative pricing, that is my reason for focusing on breakeven inflation as a trade expression.Every inflationary episode is unique, and undiscriminating generalisations are certainly dangerous to one’s wealth. This being said, although we are unlikely to see this level of inflation imminently, and neither shall we likely see a repetition of the political turmoil and industrial strife, real asset bulls who base their case on the cumulative inflationary effects of money-printing may find reacquaintance with the 1970s inflation in England to stimulate some further thought. Equities proved a horrible inflation hedge, with the broad index falling c. 80% peak to trough in real terms (and not faring so much better in money terms) as inflation rose.UK FTSE all-share adjusted for RPI, and RPI (inflation) yoyThis time around, the implications are not clearly negative for stocks overall, but certain sectors (eg high-dividend defensives) will get hit very hard. As regards real estate in particular, the Wadhwani effect is critical for understanding the impact on real estate of higher inflation, and therefore eventually of higher nominal rates. Consider a scenario where the real rate is 2% and inflation is zero – a $2mm apartment will cost $40,000 per annum to finance, and this may be seen as eminently affordable for a certain set of potential purchasers. Consider on the other hand a scenario where the real rate is -2% and inflation is 12%, implying a nominal rate of 10%.Surely an excellent scenario for the owner of such an asset who has financed it with debt, and who will repay the debt with depreciated dollars! Unfortunately, this would imply a financing cost of $200,000, which will push the asset out of the affordability of many of the original set of purchasers and is likely to serve to depress its price on the relevant investment horizon. Now this illustration was entirely theoretical, since I don’t expect inflation in the developed world to reach this level for some time – but it ought to be quite clear that there are circumstances in which real estate may not serve as effectively as an inflation hedge as many today believe. Somewhat perversely and counterintuitively, it may be that falling inflation (and therefore falling nominal rates) has been a bigger driver of the post 1982 bull market in real estate than is always realized. One sees this dynamic playing out in a manner easier to recognize in the recent experience of Brazil as inflation stabilized and nominal (also real) rates fell. And so I wonder what will happen over the years to all real assets as the inflation dynamic in the West reverses?Real ratesReal rates in the West have experienced a bull-market (falling yields) since c. 1980. There is a long-term relationship between real rates and real GDP growth. It’s therefore not just unsurprising, but entirely characteristic of how markets unfold that at the culmination of a long bull market in real rates, pessimism about the prospects for growth should be high. I shall leave discussion of tactical opportunities in real rates for another piece.It is also worth noting that there is a strong consensus that Janet Yellen – the new Fed Chair – is an ultra-dove. Whilst I once had this view, I now wonder if it is well-founded. She is distinguished from her predecessors by her emphasis on the labour market, her belief in her model, and her relative neglect of financial markets and also of public opinion except to the extent they feed through into her model. We knew that Greenspan and Bernanke would ease policy if equities suffered too much. In a future situation in the years to come where inflation is firm and rising, and the labour market is in good shape (clearly, not yet of immediate relevance), will Yellen will be as friendly to equity and credit markets? If not, then there will ultimately be intriguing implications for the pricing of the yield curve.It is a peculiar feature of the investment landscape that amidst a proliferation of ETFs and other specialist funds, and considering all the attention placed in public discussions on various, often extreme, scenarios for inflation, there is no single liquid instrument or fund that allows non-specialist investors to benefit from an environment of rising breakeven inflation. Substantial assets are devoted to real bond funds, but these have the unattractive characteristic of losing money when real interest rates rise, as is also likely under the scenario I describe. As a contrarian, I find this intriguing, and perhaps supportive of the longer-term view.Beyond the longer-term structural outlook, one must remember that eras of higher inflation also tend to be those of more volatile inflation, and this creates opportunities for those able to navigate these shifts. There may also be an opportunity for an entrepreneur here...

What are the benefits of a labour government (UK)?

I am not a Labour supporter and would not even consider voting Labour for any election. At least, not at the moment. But I can still see some of the benefits from a Labour government.Here are 30 reasons to support Labour… from a non-Labour supporter:[1]End austerity (i.e. cuts) and increase public spending. This would relieve some of the pressure on state schools, the NHS, and the police. They would probably all be able to get better results if they had better funding.Nationalise some utilities. This would ensure that workers have better standards whilst at work. A worker-positive environment would help to maximise productivity and improve workers’ mental health as they would not be working for some faceless corporation. It would probably be better ethically.Tax the rich. Why not? Surely those with the most in society should share it with those who have less.Tax businesses. Businesses and corporations are super-rich and feed off of their lowest paid workers. They have been able to evade taxes so far (yes, Google, I’m looking at you) so should be held to account with higher taxes.Abolish university tuition fees and reintroduce non-repayable maintenance grants. This would encourage more students — particularly those from more disadvantaged backgrounds — to consider going to university. This will help to increase equality and diversity in the degree-level workforce.Protect EU citizens living in the UK. If they are working in the UK and paying taxes to our government, why should they have to leave? Would doing so not be akin to ethnic cleansing?Protect environmental and workers’ rights legislation as a result of Brexit. This will help to reduce climate change and improve equality, helping the working class.Reject “no-deal”. A no-deal Brexit has been forecast to be a disaster by economists.[2] Rejecting no-deal would ensure that the economy does not go too pear-shaped during Brexit.Suspend the Right to Buy policy. This would stop people who live in council houses from being able to buy them at a reduced rate. Doing so has reduced the amount of available housing in the UK, which has led to the current housing crisis.[3]Provide 4000 additional homes for the homeless. This is moral, ethical, and right. Helping homeless people find a house will help them to find a job and reintegrate back into society.Continue to spend 0.7% of our GDP on foreign aid. This is helping people in the poorest areas of the world, so why should we not do so? Unless we don’t want to be “white saviours”…[4] Fun fact: whilst writing “white”, I first made a typo and accidently replaced the “w” with a “s”!Insulate veterans’ homes for free. This would improve the quality of life for those who have put their lives on the line to protect our freedom and our democracy. Of course it is a good thing.Allow local councils to re-take control of bus services. Hopefully, they would begin to act in the interests of the people. This would mean lower prices and better services, especially to rural areas, where elderly people need buses most.A new clean air act to legislate against diesel fumes. This will help to improve people’s lives. 28,000 to 36,000 people in the UK die each year from long-term exposure to fumes.[5] A new clean air act would help to prevent these needless deaths.Ban fracking. Quite frankly, it is dangerous. Fracking in Lancashire led to a mini-earthquake. It was not banned in 2011 for nothing.[6]Reduce treatment times. This would help people to see a doctor quicker, especially if they are very unwell. After the scandal which led to people dying in the back of ambulances, perhaps such an approach is necessary.[7]Put more money into social care to lead to a National Care Service. This policy particularly benefits elderly people. They have paid their taxes for most of their lives. It is only right that they should reap the benefits later on in life.Reinstate the Migrant Impact fund where migration has adversely affected public services. This allows for diversity, whilst not costing public services too much. This will help to improve relations between migrants and the “native” population and migrants will not affect British services.Take students out of immigration numbers. Students only come over for a short period of time. Even if they were to stay, they are only coming over to access better education. It is only ethical and moral to facilitate this.30 hours of free childcare per week for each child aged two and under. Parents will no longer need to stay off work to look after their child(ren). Instead, they can go to work secure in the knowledge that their child is being well looked after.End the public sector pay cap for teachers. Teachers are the people who educate our children. It is an important job, done under immense pressure, so should be rewarded. Removing the pay cap for teachers is one way to say “thank you” for all the hard work that they do.Restrict primary school classes to 30 students per class. Large classes are harder for teachers to control and teach effectively. Reducing class sizes will help teachers and students alike, as students will be less distracted, will hear the teacher better, and will have an improved learning experience. And teachers will enjoy their pupils’ SATs boost.Introduce free school meals for children in primary schools. Doing so will ensure that no child goes hungry at school if parents are too embarrassed to reveal their financial situation or ask for help. Parents can relax knowing that their child will get fed for free. There will be no need for rushing around in the mornings for parents to put the school lunches together either!Keep the pension “triple lock” and “freebies” to the elderly. Again, the elderly have been paying taxes and into pensions all their lives. They deserve to redeem this money when they need it as elders.Review benefits and provide housing benefit to under-21s. This policy will ensure that people who need social security the most will be able to avail themselves of it quickly and simply.Increase carers’ allowance by £11 a week. Carers take time out of their own lives to care for a loved one. Selflessly, they put their own life and career on hold for their relative. Needless to say, they should get every penny of what they deserve.Establish a constitutional convention to examine and advise on reforming Britain’s constitution. The British constitution is designed to evolve naturally and slowly at its own pace. Yet there are times, as with Brexit, when this cannot happen. We need a procedure in place to safeguard stability when the constitution needs reforming quickly.Reduce the voting age to 16. Okay, so 16 year olds can work, gamble, and, with parental consent, marry and join the army.[8] From 17, you can obtain a driving license. Yet 16 and 17 year olds do not have any say on laws surrounding these issues. This needs to change, and reducing the voting age to 16 is the way to it.Oppose an independence referendum in Scotland. One of Britain’s strengths is its union. Losing Scotland would be a huge blow to the economy of both a broken UK and a newly-independent Scotland. Keeping Scotland within the union is important, so opposing an independence referendum in Scotland also is.Create a Minister of State for England. Scotland, Wales, and Northern Ireland all have their own legislatures. England does not, so faces a democratic deficit. This policy will help to offset some of that deficit.Footnotes[1] Manifesto guide: Where the parties stand[2] Get the Facts[3] Ministers urged to halt right-to-buy scheme[4] Stacey Dooley 'would do the same' after Comic Relief row[5] Public Health England publishes air pollution evidence review[6] Fracking at Lancashire site paused after seismic event detected[7] Alarm over sharp rise in ambulance patient deaths in England[8] Age to join - British Army Jobs

What are the different type of trades in Indian navy?

“Individually we are one drop, but together we are an Ocean.”As any other major successful running organisation in the world, it’s not the hard work of just one branch but the cooperation and collaborative mechanism each individual branch, further complementing each other to thrust towards the goal in a sustainable manner.Indian Navy, one of the major navies in the world, are deep rooted with the principles and moral of cooperation, teamwork and discipline. What’s better than a quote to explain the deep roots, decades of weather hardened principles and morals.“We are not a team because we work together, We are a team because we respect,trust and care of each other”The Indian Navy is a well balanced and cohesive three dimensional force, capable of operating above, on and under surface of the oceans efficiently safeguarding our national interests.Indian Navy, classifies its various working departments under five branches, as follows,ExecutiveEngineeringElectricalEducationMedical **technically Medical cadre is part of The Armed Forces Medical Services (AFMS)Executive BranchUnder Executive Branch, we have many sub branches or Departments,General Service OfficerAs an Executive Officer, you will be a vital part of the complex system that manages the ship and also uses the ship as an instrument of tactical warfare. You will learn to have a good understanding of your ship's capabilities and limitations and be able to turn them to your advantage when face to face with enemy. It is for this reason that an Executive Officer alone can aspire for the command of a naval warship.Executive Officers are trained in specializations such as Anti-Submarine Warfare, Navigation, Communications, Gunnery Logistics, Diving and Hydrography. One could also opt for the Air or Submarine arm. Irrespective of the choice of your specialisation you will get opportunities to participate in all the facets of naval operation. With consistent performance one could become, Commanding Officer of an Aircraft Carrier, Destroyer, Guided missile, Frigate, Conventional/Nuclear Submarine. Our specialist schools in Kochi constantly update your knowledge sharpen your skills for greater responsibilities.Hydrographic OfficerYou as a hydrographer shall venture into areas where no human ventured before. Charting coral reefs, pristine waters, atolls and ports you shall do it all. You shall fly, dive and sail into national and international uncharted waters and you will have the satisfaction of seeing your efforts culminate into a navigational chart in which mariners place boundless confidence. The qualification you gain as a hydrographer will have international recognition. So if want to see the world and be exposed to international professional practices, join the Indian navy as a hydrographer.Naval Armament Inspection OfficerNaval Armament Inspection (NAI) Officers are the specialist officers responsible for Inspection & Quality Assurance (QA), in-house R&D, life extension and life assessment to ensure safety, serviceability and functional reliability of Armaments in the inventory of Indian Navy. The officers also provide QA coverage during production/ acceptance at various Ordnance factories, PSUs, Private Industry and at foreign OEM premise. The officers associate with various DRDO labs during development phase of various armament stores. The officers of the cadre undergo induction training for three years. Later in the career, the officers are nominated for higher studies like M Tech programs at IITs/ DIAT (DU) based on merit and availability.Provost OfficerA separate cadre of Provost Officers exists to deal with policing, regulatory, and security and vigilance needs of the Navy.Pilot OfficerFor those with an aspiration to fly in the skies over the challenging environment of the sea, the Navy needs Pilots for its Naval Air Arm. Naval Pilots operate fighter aircraft and helicopters from aircraft carriers and ships at sea as well as maritime reconnaissance aircraft from ashore.Naval aircraft search, locate and attack enemy ships, submarines and aircraft whilst providing a defensive cover to own assets. The training of pilots in the Navy, imparted at various ashore and afloat units, is thus, highly specialized and extremely unique.Observer OfficerFor those with a yearning for the skies, navy needs observers who act as airborne coordinators of maritime warfare. Observer officer operates various state of the art equipment including sonics, radars, sonars and communication equipment. Observer officer gets an opportunity to participate in all facets of naval operations onboard the "eyes of the fleet: the maritime patrol aircraft and the ship borne multi-role helicopters". You would also be responsible for firing weapons as and when the need arises.AIR TRAFFIC CONTROLThe Indian Navy operates various types of modern aircraft from ashore as well as from ships. Air Traffic Control Officers in the Indian Navy control naval fighter aircraft, maritime reconnaissance aircraft and multi-role helicopters both ashore and afloat.In no other career, does an officer get exposed to such a wide spectrum of opportunities to keep abreast of modern and latest developments in the field of Air Traffic Control. Life in the Navy is full of challenges and adventures. The Navy provides some of the finest training facilities, which will turn you into a skilled professional, mentally agile and physically fit officer.Submarine OfficerAdventure of exploring deep into the ocean is unique. Combine it with hi-tech fire power, state of the art control systems and high standards of habitability, and what you get is most esteemed arm of the Indian Navy 'The Submarine Arm'. Be it navigating the waters of the mighty oceans, or firing state of the art weapons, or high end communication systems, all will form a part of your duties. Higher allowances and station stability are just some of the advantages of joining the Arm. If you are an adventurer with a passion to do something unique, then this is the job for you.Diving officerDiving Officer job range from under water inspection and repair of ships to defence of Indian Navy retime asses. This is yet another elite and challenging task, specialisation wherein being in the parent professional arm with sub specialisation such as gunnery, Navigation, Anti-submarine warfare or else logistics, hydro, Aviation etc one can become ships diver. Alternatively one may opt to become a Diving Officer wherein one would be required to undertake a Clearance Diving Officers course and/ or a marine Commando course.Law OfficerA separate cadre of Law Officers also exists to deal with the legal needs of the Navy. Both Permanent as well as Short Service Commissioned offices serve in this cadre.Logistics OfficerLogistics Officer is involved in planning, forecasting and execution of the budget and inventory management of spare parts and other items required for day to day running of ships. He is also entrusted with meeting the food and clothing requirements of the personnel of the Indian Navy which play a crucial role in maintaining their morale. He is trained by the Navy in the field of Inventory Management, Finance, Supply chain Management and Information Technology. You as a Logistics Officer would be responsible for management of Integrated Supply chain activities using cutting edge technologies and suitable managerial skills. It is a challenging job where your contribution is crucial for successful achievement of mission objectives and at the same time provides you with enough scope for personal growth and advancement.Sports OfficerAs a Sports entry officer, you will serve as Physical Training Officers at various establishments, Secretary/Assistant Secretaries at INSCB/INSCCs where you would have to look after various facets of sports management. Sports Officers serve at Command Headquarters/Establishments. You will nurture and train some of the finest sportsmen of the Navy for national/international competitions.MusicianThe Indian Navy Band is one of the best bands in Asia. The Naval Musicians, known as unofficial ambassadors of the country, are trained in using the finest instruments. As a Musician Officer you will be responsible for conducting the acclaimed Naval Band at ceremonies and symphonic band concerts in India/abroad.Some of their best parts are kept for Beating Retreat, do watch it, jot down your feelings in the comment section…..!!!….i have just one, AWESOMEInformation TechnologyIndian Navy provides excellent career opportunities in the field of IT. Personnel gain hands-on experience in operations, maintenance and administration of state-of-the art networks, IT infrastructure and advanced IT/InfoSec application.They are exposed to handling niche technology and R&D functions as part of standard growth profile. Naval IT setup is unique since it involves not only shore based establishments but also afloat units, which require to maintain connectivity and synchronized operations. The charter of duties of IT officer includes following:-Implementation of enterprise wide networking and software development projects.Management of critical Naval networks and software applications.Administration of ashore and afloat networks.Development activities with respect to cyber security products.Administration of cyber security incident response and cyber forensics.Engineering BranchModern ships, submarines and aircraft are fitted with advanced technology machinery and propulsion systems. As an Engineer Officer, you will be responsible for keeping all these Hi-tech systems serviceable. Opportunities exist to work in gigantic naval dockyards and indigenous production units. In no other career is an engineer exposed to such a wide spectrum of opportunities and to keep abreast of modern developments. An Engineer Officer's career is interspersed with technical courses upto post graduation level in India/Abroad.Engineering General Service OfficerIndian Navy is a technology driven force with its Ships, Submarines and Aircrafts fitted with latest equipment of cutting edge technology. As an Engineering Officer, you will get an opportunity to operate and maintain the Marine Engineering equipment onboard ships/submarines/aircrafts. In addition, huge opportunities exist to work in Repair Yards and Maintenance Units to provide third and fourth line of maintenance. Engineer officers also get a chance to work in Design and Production organizations to form a part of indigenous ship-building. In no other career, an engineer is exposed to such a wide spectrum of job profiles. As an Engineer Officer, you would also get ample opportunities to undergo technical courses/Post Graduation in India and abroad to add to your learning curve.Note: Officers of the Engineering Branches can also volunteer for the Aviation /Submarine Arm.Submarine Engineer OfficerAdventure of exploring deep into the ocean is unique. Combine it with hi-tech fire power, state of the art control systems and high standards of habitability, and what you get is most esteemed arm of the Indian Navy 'The Submarine Arm'. As a Submarine Engineer officer, you will be tasked with the requirements to maintain high end propulsion systems, including nuclear and diesels, along with associated systems. Higher allowances and station stability are just some of the advantages of joining the Arm. You would also be afforded an opportunity to pursue higher studies viz. M tech in premier training institutions of India. If you are an adventure with a passion to do something unique, then this is the job for you.Naval Construction OfficerAs an officer in the Naval Architect Cadre, your assigned duties would encompass a wide spectrum, including design of warships and submarines, overseeing of construction at various shipyards, platform trials at sea, appointment onboard warships as well as refit and operational support for ships and submarines, including dry docking. Apart from the rich exposure to current and future technology, meritorious officers are also selected for M Tech and other courses at reputed institutions, including at IITs.Electrical BranchA warship is a mini floating city with an integral power generation and distribution system. In addition, complex missile systems, underwater weapons, radar and radio communication equipment from major part of a warship's equipment. A majority of these are either computer based or computer aided and incorporate the latest trends in electronics engineering. For a ship to be able to fight effectively, all these equipment must be kept working at peak, efficiency. Electrical Officers have this responsibility and other challenging tasks. To sharpen their skills, the Navy offers excellent opportunities for post-graduate courses in India / Abroad to deserving candidates.General ServiceWarships are high–tech machine which employ awe inspiring fire power as well as advanced sensors for undertaking multifarious operations at sea.As an Electrical Officer, you will have the singular responsibility of maintaining the combat readiness of sophisticated Missile System, underwater system, long range sensors and advanced combat management system which employ niche technologies and complex software algorithms. You will be also responsible for running large power distribution network using advanced computer based power management systems.In addition, tenures at Naval Repair Yards will expose you to management of large level- IV maintenance facilities. Electrical Officers are also posted to the Naval Design Organizations which provide an opportunity to work on warship design building aspects. To enhance technical acumen, the Navy sends deserving Electrical Officers for pursuing post- graduate courses in India at various IITs and also to institutes abroad.Note: Officers of the Electrical Branches can also volunteer for the Aviation /Submarine Arm.Submarine Electrical OfficerAs a Submarine Electrical officer, you will be looking after the maintenance of high end control and weapon systems. Higher allowances and station stability bare just some of the advantages of joining the Arm. You would also be afforded an opportunity to pursue higher studies viz. M tech in premier training institutions of India. If you are and adventure with a passion to do something unique, then this is the job for you.Education BranchEducation officers provide support towards education, training and professional development of Naval personnel. They impart instructions in various Indian Naval Training Establishments including the prestigious Indian Naval Academy at Ezhimala, Kerala. Education Officers are engaged in teaching science, technical and service subjects to naval cadets undergoing B Tech training at the academy. Education Officers also impart instructions \training to officers during their ab-initio and specialisation courses at Technical Training Establishments like INS Valsura & Shivaji.In addition, Education Officers provide coaching and guidance to sailors for their career progression in service as well as to enhance their resettlement opportunities by facilitating pursuance of various higher education courses. Education Officers are also responsible for conducting various in-service examinations for officers and sailors in online and offline modes at pan-India level using latest technology.In order to meet the educational, professional and recreational needs of naval personnel, a large number of Naval Reference Libraries have been set up both onboard naval ships and at various naval establishments. Education Officers are responsible for setting up, functioning and introduction of latest techniques & technologies in these libraries.One of the unique and important tasks of Education Officers is implementation of provisions of the Official Languages Act, 1963 and Official Languages Rules 1976 on the progressive use of Hindi in official work and monitoring of such progress.Education Officers also provide meteorology\oceanography service support for maritime operations in three dimensions. Selected Education Officers in senior ranks are also deputed as Principals and Vice Principals to various Sainik Schools across India. Some of the Education Officers are deputed for MTech courses in various IITs\NITs. Education Officers also undergo a range of specialist courses including Anti-Submarine Warfare, Naval Communication, Gunnery, hydrographic, navigation & Direction, Meteorology and oceanography.Medical BranchThe Armed Forces Medical Services (AFMS) is amongst one of the finest options available to a medical graduate in our country where there is an opportune professional environment of an exceptional order blended with an adventurous life, camaraderie, dignity and self-esteem. It offers a golden opportunity to be a part of the world's finest service and get trained not only to be an officer but also a gentleman for life.The AFMS promises both professional and personal growth at every stage of the career. The adventure and extra-curricular activities in the Armed Forces ensure an all around development essential in today's world. Apart from attractive pay and perks, Armed Forces offer the best in life style and professional growth.As a doctor in the Navy you will have an opportunity to learn and practice military medicine and look after the health of the men in uniform and their families both in peace and war Zones. There are ample avenues to specialise in basic specialties and super specialties. Most of the post-graduate courses are conducted at Armed Forces Medical College (AFMC), Pune and various other teaching hospitals of the armed Forces. However the service also offers opportunities to avail study leave at Government Expense for the super-speciality courses at reputed civil institutions in India and abroad.The medical services in the Navy are delivered through a network of hospitals spread throughout the length and breadth of the country. To support the professional activities, hospitals have been equipped with state of tart equipment and trained paramedical staff. Postings to various parts of the country give the medical officer a glimpse of the beautiful heritage and culture around and broadens outlook beyond the barriers of casts, creed and religion. During active participation of our country in peace keeping initiatives of the United Nations, AFMS doctors are sent on deputation with these missions.In End, of course, aspirants, may or may not have some reservations against some departments, or put it another way, would be indented towards a particular branch, for all, i believe, this is correct moment to write a line from movie K-19, If you haven't watched this movie, please do watch.Here Captain of K-19 addresses his crew during commissioning ceremony of K-19,“Without Me you are Nothing,…………..Without You I am Nothing…….!!!!”and, That’s true for all branches in Indian Navy.Thank You.!…..B2 Over and Out.Source → http://www.joinindiannavy.gov.in

Comments from Our Customers

I am giving this company 5 stars because of the issues they are willing to solve and the support that was given quickly and efficiently. I had purchased the program in hopes to restore some audio files that were in a SD card that decided to randomly wipe its self while loading files. One edition had issues finding files, but the developers sent me to a newer version that found files and was able to restore almost all of the files. There were a few files that for some reason could not be restored. Ultimately this program does the chore it's suppose to do and recovers files that you would think to be gone forever and I highly recommend giving it a try for yourself.

Justin Miller