This Entrepreneur Uses Cutting Edge Data Analytics To Predict The Future Of Financial Markets

This Entrepreneur Uses Cutting Edge Data Analytics To Predict The Future Of Financial Markets

Updated: Jan 11, 2019


To some, the work of Meraglim may appear like magic. By mistreatment prognosticative money information analytics code, this innovative company aims to boost capitalist performance in complicated money markets, that could be a leap forward for a field that till recently, was stuck within the historic period.


Meraglim founder and CEO Kevin W. Massengill liken this transformation to what happened with alchemy within the 1500s.


“Five hundred years agone, alchemy was the science of the day,” Massengill said. “There was an enormous body of information around this subject, however, it had been all wrong. The those that devoted their lives to the current subject didn’t grasp that – they thought they were right. When the measuring instrument was fictional, everything began to alter. With the power to require measurements, alchemy began to morph into chemistry and scientific discipline. The alchemists weren’t stupid people; their models were simply wrong.”


In Massengill’s mind, what happened with alchemy is that the good figure of speech for what’s happening with the trendy political economy. Educated individuals admit textbooks loaded with elegant equations, however, anybody UN agency is aware of something regarding Austrian political economy, for instance, is aware of those equations are typically times old and immaterial.


Massengill’s company, Meraglim, doesn’t rely on textbooks. It obtains information from IBM Watson, which may scan nine million books, articles or transcripts daily. Compare this with the common analyst UN agency would most definitely feel swamped with many headlines on their Bloomberg terminal every morning, and it’s straightforward to ascertain the advantage of supercomputing once it involves information analysis.


“We’re not God,” Massengill admitted. “It’s too much depth. How will analysts be expected to open those headlines up, discover which of them matter, and integrate what happened with everything else that’s occurred and what they already know?”


The future of data analysis

That’s wherever a system like Meraglim’s RAVEN comes into play. With RAVEN, associate degree analyst will design the nodes that touch on them and task Watson with evaluating the world’s inputs to each of these nodes and change them in real time. This makes the money analyst’s morning routine look so much totally different than it will currently.


Let’s say you're associate degree analyst and you are concerned a couple of potential Chinese yuan devaluation. When you make the workplace on a weekday morning, you ask: “RAVEN, what happened over the weekend?”

RAVEN, that has been optimized for the nodes you chose, would respond: “Of the four things you are a chase, 2 had notable impacts that we tend to decide to be important. Would you like to hear them?” You’d say “yes” and RAVEN would continue: “Deputy financial organization governor gave a speech in Peking. We judged it supportive of the thesis. Would you like to hear the text?” If you wish to listen to it, RAVEN would scan it to you.


Massengill says that although you afflict RAVEN’s analysis of the information and what it suggests that for Chinese yuan devaluation, you’ll still have a higher period intelligence at your fingertips than you’ve ever had before. Even if you had a hundred analysts operating for you, there’s an excessive amount of information for humans to sift through. Using prognosticative analytics permits investors to form smarter selections and improve their performance in international markets.


Threats and predictions for 2018


So here’s the million dollar question in all of our minds -- with that kind of computing power, what does Massengill and his team at Meraglim see on the horizon for 2018? To start, he advises anyone in cryptocurrency to urge out.


“There are some winners, however, it'll take time to work out UN agency that’s about to be,” Massengill shared. “Bitcoin fully won’t manufacture winners as a result of it’s a blemished technology platform. Bitcoin is that the Neanderthal during this game—they’re already dead.”

In Massengill’s opinion, income-producing assets like realty are still safe bets. What will get wiped away ar tertiary assets, paper assets, 401Ks and anything tied to act currency? Governments, Massengill argues, can destroy their debt obligations by destroying their currency. They don’t want to destroy the life savings of all their pensioners, but sadly they won’t have a choice.


“My co-founder, James [Jim] G. Rickard, would inform have a minimum of 100% of your assets in arduous assets like gold and silver,” Massengill shared. “I’m closer to 80%. The other two hundredths you'll be able to reserve for the foremost high-flying speculations you'll be able to realize. I’d tell investors to remain off from tertiary assets. That’s what gets wiped away when storms come.”


Massengill additionally advises individuals to stay a box of silver within the house just in case they realize themselves during a state of affairs like what happened in Puerto Racketeer Influenced and Corrupt Organizations Act once the cyclone they recently suffered. The individuals there can’t purchase or sell as a result of they don’t have electricity, however with a box of silver, they can keep their family alive. If you would like funds to shop for silver, get them from your Bitcoin investment.

“Bitcoin could be a Ponzi and a fraud and a bubble all at an equivalent time,” Massengill posits. “That isn't about to finish well for people.


So, if you’ve got some assets in it, get them out and acquire a few your assets into primary wealth: gold and silver bullion or agriculture or multi-family apartment complexes, things that may turn out revenue for you.” Enroll yourself at DataTrained Full Stack Data Science Program.