Magic Move is a powerful animation tool in Apple's Keynote software, which allows users to create seamless and sophisticated transitions between slides. This feature enables presenters to create visually stunning and dynamic presentations that captivate their audience. Magic Move works by analyzing the objects on the starting and ending slides and automatically animating their movement, size, and other properties to smoothly transition between the two slides. It removes the need for manual animation and significantly reduces the time and effort required to create a polished presentation. To use Magic Move, users first need to have at least two slides with similar content. They then select the starting slide and duplicate it to create the ending slide.
The ARRC published recommended best practices that outline key transition milestones that market participants should aim to meet across floating rate notes, business loans, consumer loans, securitizations, and derivatives. The best practices outline recommended timelines for when robust fallback language should be incorporated, and dates after which no new USD LIBOR-based activity should be conducted. These best practices build on the ARRC’s 2020 Objectives, which aim to advance the ARRC’s work and mission.
In 2017, the ARRC selected SOFR as the rate that represents best practice for use in certain new USD derivatives and other financial contracts, representing the ARRC s preferred alternative to USD LIBOR. In addition, Federal Reserve Board staff members have published a FEDS note that includes data on indicative compound averages of SOFR and, based on a methodology they have proposed, estimated forward-looking term rates, that will be updated periodically.
They then select the starting slide and duplicate it to create the ending slide. After that, they can make any necessary modifications, such as repositioning objects, resizing them, or changing their attributes. Once the slides are set, users can enable Magic Move by selecting the ending slide and checking the "Magic Move" option in the inspector panel.
Magic move sofr
The industry has been aware for some time now that the London Interbank Offered Rate (“LIBOR”) is due to be phased out of the United States, Britain and other markets by the end of 2021. The LIBOR is currently used in all kinds of financial transactions around the globe, including as a benchmark index for the setting of mortgage rates. If the LIBOR will no longer be available, the mortgage industry must move to a new benchmark rate to replace the large number of all new adjustable-rate mortgage loans which currently use LIBOR, as well as those already closed with interest change dates that will occur after 2021.
LIBOR is based on the reported interest rate at which banks borrow from and lend to each other in the unsecured short-term market. Every day panel banks submit their best estimate of the interest rate to LIBOR’s administrator, the Intercontinental Exchange (“ICE”). ICE uses a methodology of “trimmed means,” which means they trim off the top and bottom 25% of the submitted rates and average the remainder to come up with the LIBOR. The banks use their own judgment and models to determine the reported rates, which came under criticism after scandals in 2012-2013 broke in which several banks were accused of manipulating the rate to their own advantage.
The goal is to move to a more stable, trusted and reliable benchmark. The Federal Reserve Board and the Federal Reserve Bank of New York (“FRBNY”) convened the Alternative Reference Rates Committee (“ARRC”) to identify an alternative to LIBOR. In June 2017, ARRC selected the Secured Overnight Financing Rate (“SOFR”) as its recommended alternative reference rate for U.S. dollar-denominated loans and derivatives. Other overnight rates are being established to cover the UK (e.g., the Sterling Overnight Interbank Average Rate), Europe, Switzerland, and Japan.
SOFR differs from LIBOR in that it is calculated from actual trades, not estimates. It is based on repurchase agreement interest rates on U.S. Treasury securities. A repurchase agreement is a secured loan where one party sells a security to another party and agrees to repurchase it later at a set date and price. According to the FRBNY, the SOFR is calculated as a volume-weighted median of relevant transactions and published by the FRBNY at 8 a.m., Eastern Time, each business day.
The Federal Reserve Board has urged accelerating adoption of the alternatives to LIBOR. To that end, both Fannie Mae and Freddie Mac announced May 17, that effective immediately, they will no longer purchase LIBOR ARMs that are roughly more than six months old at time of purchase. The stated goal of this change is to facilitate movement away from the LIBOR.
Key points to note on synthetic LIBOR:
This tells Keynote to analyze the changes made to the objects and create an animation that smoothly transitions between the two slides. Magic Move is highly customizable, and users can adjust various parameters to refine the animation. They can control the duration of the transition, the type of animation used, and even create complex movements by manipulating multiple objects simultaneously. The benefits of using Magic Move are numerous. It adds a level of professionalism and creativity to presentations, making them more engaging and memorable. The seamless transitions provide a natural flow between ideas, helping viewers better understand the content being presented. Moreover, Magic Move can also be used to create interactive elements within a presentation. By linking objects to other slides or documents, presenters can create branching pathways, allowing viewers to navigate the presentation at their own pace or choose different topics to explore. In conclusion, Magic Move is a powerful animation tool in Keynote that enables users to create visually stunning and dynamic presentations. Its ease of use and versatility make it a valuable asset for presenters who want to captivate their audience and deliver impactful messages..
Reviews for "The Magic Move Sofr in the Digital Age: How Magicians Adapt their Tricks for Virtual Shows"
1. Emily - 2/5 - I was really disappointed with the Magic Move Sofr. The claims of it being a revolutionary product were way overhyped. First of all, the material felt cheap and not durable at all. It started to show signs of wear and tear after just a few uses. Secondly, the instructions were unclear and the device itself was not user-friendly. I struggled to figure out how to make it work properly, and even when I did, the results were underwhelming. Overall, I wouldn't recommend this product.
2. Michael - 1/5 - The Magic Move Sofr was a complete waste of money. The advertised functionality was nowhere near the reality. It failed to provide the smooth and effortless movement it promised. Instead, it often got stuck on uneven surfaces and didn't glide properly. The build quality was also subpar, with the product feeling flimsy and cheaply made. Save your money and invest in a better quality moving tool.
3. Sarah - 2/5 - I regret purchasing the Magic Move Sofr. While it did move some furniture with relative ease, it was highly unreliable. It didn't perform well on heavier items, and I had to resort to other methods to move them. The device also left scratch marks on my wooden floor, which was very frustrating. Additionally, the design was not ergonomic, causing discomfort and strain on my wrists. I expected better performance and quality from a product at this price point.
4. John - 2/5 - The Magic Move Sofr did not live up to my expectations. It claimed to make moving furniture a breeze, but it fell short. The small size of the device made it difficult to handle and maneuver, especially when trying to move larger items. Furthermore, it lacked the necessary stability to handle heavy loads, causing the furniture to wobble and making the whole process more challenging. I found it to be more of a hassle than a helpful tool.