Tag Archives: is

White House says the stock market is cheap right now

Brendan Smialowski | AFP | Getty Images Secretary of the Treasury Steven Mnuchin (L), National Economic Council Director Gary Cohn (C) and US Secretary of Commerce Wilbur Ross wait for President Donald Trump to speak about newly passed tax reform legislation during an event at the White House December 20, 2017 in Washington, DC. In an usual move for the ... Read More »

Economy is different from politics

Planning for Economic Recovery and Growth: How Far So Far? One of the key mandates of Federal Ministry of Budget and National Planning is to render policy advice to Federal Government on national development and national plans. The ministry is expected to advise government in all aspects of national development and design national plans in form of long, medium and ... Read More »

Cambrian is the new kid on the block-chain investment scene

Blockchain investment firms are the ‘new new thing’ in the investment world, not least European companies like kryptonite1 and neufund which are both appearing at TechCrunch Disrupt in Berlin next week. If the internet came along in the 90s to move information assets around, blockchain technologies present potential for a variety of assets, with the potential to disrupt the financial services industry. Now there’s a new ... Read More »

Bank of Baroda is said to be probed in South Africa over Guptas

Bank of Baroda, which is the only lender in South Africa still offering services to companies linked to the Guptas, is seeking a court order that will allow it to close the accounts. Photo: Mint Johannesburg: India’s Bank of Baroda is being investigated by South Africa’s central bank over money held for companies controlled by the politically connected Gupta family, according ... Read More »

Economy is on a downhill path, demonetisation was not required at all: Manmohan Singh

Former Prime Minister Manmohan Singh on Friday said the economy is on a “downhill path” because of the “adventure” of demonetisation undertaken last year which was not required at all, either technically or economically. Singh, a renowned economist considered to be the architect of the reforms of early 1990s, said demonetisation has not been successful in any civilised country, except ... Read More »

The Economy Is Working For Workers, Washington Isn’t

Amid endless stories of Washington’s dysfunction, another powerful story is emerging, and it seems almost independent of any actions of the President or Congress. In poll after poll, public perceptions of the economy’s performance are up. People’s views of their own situations are more positive than at any time in the past 15 years. In its mid-September preliminary analysis of ... Read More »

Thank You for Calling Equifax. Your Business Is Not Important to Us

You shouldn’t need to do a damn thing to keep your credit information safe. We’re all accustomed to the busywork of managing personal finances. You check your 401(k) retirement account, making sure your portfolio is carefully balanced. You scan your bank and credit card statements from time to time to verify the charges. These are things responsible people do. But ... Read More »

What is a domestic systemically important bank

Last week, the Reserve Bank of India (RBI) declared HDFC Bank Ltd to be a domestic systemically important bank (D-SIB). The other two such banks are State Bank of India (SBI) and ICICI Bank Ltd. What is it? D-SIB means that the bank is too big to fail. According to the RBI, some banks become systemically important due to their ... Read More »

The economy is not strong, wages remain weak, and rates will stay on hold

The annual growth rate is still well below par, despite what Scott Morrison says. If Treasurer Scott Morrison really thinks the latest report on the health of the Australian economy represents a “strong set of numbers”, it will be interesting to see what sort of adjectives he comes up with to describe them when they really are strong. The economy is not ... Read More »

What is Purchase Order Financing and is It Right for Your Business?

You just got a big order but your inventory of supplies is down. No need to worry about losing the business. Purchase order financing can set you up with the supplies and inventory you’ll need to start that new job.  Small Business Trends interviewed Taylor Haddix, Funding Specialist at Segway Financial, LLC, to learn more about this financial tool. “Purchase order ... Read More »