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Guesstimates on June 18, 2024
September S&P E-mini futures: Inflation is coming down and the Fed is unlikely to tighten any more. The 6000 level seems a good bet by the end of the year. QQQ: Support is 465. Next resistance is 496. TNX (ten year note yield): The 3.75% level is support. A swing up to 5.50% is underway….
What Growth Actually Means
10% p. Month would generate in 6 Months: Imagine you find a money printer, that generates 10% per month on a stable basis. How would your account look like 6 Months later? With an initial deposit of $2000 the account would generate $322 per Month after 6 Months. 10% is IMPOSSIBLE – you might think?…
Tech-Rocks Pt. 1: Your Rock Needs Papers – Fat Tail Daily
Hot enough for ya? I’m in Melbourne today, but I’m not talking about the darn weather. I’m talking about commodities. And yes, they can get hotter. This week, I’m going to take you on a journey that leads to a remarkable conclusion about where markets could go in 2026. And what you can do about…
Royal Bank of Canada (RY) Q1 2025 Earnings Call Transcript
Royal Bank of Canada (NYSE:RY) Q1 2025 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Asim Imran – Senior Vice President, Investor RelationsDave McKay – President & Chief Executive OfficerKatherine Gibson – Chief Financial OfficerGraeme Hepworth – Chief Risk OfficerDerek Neldner – Group Head, Capital MarketsErica Nielsen – Group Head, Personal Banking…
Don’t Miss These 3 Retail Stocks for Fall Gains
U.S. retail and food service sales for August reached nearly $711 billion, an improvement of 0.1% sequentially and 2.1% year-over-year. Though relatively modest, these gains nonetheless represent a surprise, as many analysts had anticipated that poor auto sales and the lingering impact of inflation would prompt a decline in retail sales overall. Growth in this…
SBI lowers fixed deposit rates by 20 bps
State Bank of India (SBI) has lowered the interest rate on 444-day special fixed deposit plans by 20 basis points, five days after the central bank reduced the policy rates by a quarter percentage point for the second time this year. One basis point is a hundredth of a percentage point. SBI is offering 7.05%…