Share to Twitter Share to Linkedin Is it time for us contrarians to “buy the dip” in bank stocks? We’re drowning in big bank-scare headlines. Silicon Valley Bank (SIVB VB ) knuckled under in days, Signature Bank (SBNY) wasn’t too far behind, and across the pond, Credit Suisse (CS) needed a buyout bailout from rival UBS (UBS) . The next bank run, however, won’t be with the big boys . Too big to fail, baby . Here, we’ll find not only government help but also secure yields of up to 5.1%—trading at a discount, no less. Why the big guys? Well let me show you. Last week, my software firm received this email from one of our vendors: “Brett, Just wanted to give you our new banking details. We’re out of SVB; we’re moving to JPM.” JPM for the win. And they’re not the only big bank benefiting. CNN recently reported that Bank of America BAC (BAC) , Wells Fargo WFC (WFC) and Citigroup C (C) “have all experienced a … [Read more...] about Make Your Own Bank Run On These Blue-Chip Yields
Valuation of shares under yield method
What Makes TikTok A Security Threat To The US?
(CTN NEWS) – U.S. legislators have questioned TikTok CEO Shou Zi Chew about data security and objectionable content, and some have called for a statewide ban on the well-known short-video app. Chew, a Singaporean citizen, claimed to the congressmen that TikTok prioritizes user safety in an effort to prevent the app from being blocked in the United States by downplaying its connections to China. Representatives from both the Republican and Democratic parties vigorously grilled Chew on issues such as TikTok’s content moderation methods, data security policies, and history of snooping on journalists. Here are some of the issues people have with TikTok and its ownership. WHAT MAKES WASHINGTON BELIEVE THAT TIKTOK IS A THREAT? TikTok, a Chinese technology company ByteDance Ltd. entirely owns the app and hires its leaders , with more than 150 million American users. ByteDance is a privately owned Chinese company with its headquarters in Beijing but its … [Read more...] about What Makes TikTok A Security Threat To The US?
Obtuse: The Fed & Treasury View Of Banking Issues
Share to Twitter Share to Linkedin Despite ongoing silent runs on the Regional and Community Banks, it appears that both Fed Chair Powell and Treasury Secretary Yellen view the events of the recent past (SVB VB , Signature Bank, First Republic, Credit Suisse, and now Deutsche Bank) as one-off events and not symptomatic of stress in the world’s financial system. The dictionary defines “obtuse” as “annoyingly insensitive or slow to understand.” We can’t think of anything more precise! The chart at the top shows the continued decline in the value of S&P’s Regional Banking ETF through the close of business on Friday (March 24 th ). On Wednesday, the Fed raised interest rates 25 basis points despite liquidity issues in the banking system and the apparent loss of confidence in that system by a significant portion of the public. During his press conference, Powell acknowledged some FOMC concerns over banking issues, said that they had considered a "pause,” … [Read more...] about Obtuse: The Fed & Treasury View Of Banking Issues
How To Sell Clothes Online: Tips And Tricks For E-Commerce Success
How to Sell Clothes Online – The e-commerce sector is expanding as more and more customers choose to shop online. You may employ numerous methods to boost sales and draw in new clients whether you’re starting an online clothes business or simply want to improve your present e-commerce site. This article will discuss several strategies for succeeding in e-commerce and selling garments online. How to Sell Clothes Online: Strategies 1. Know Your Target Market Finding your target market is crucial before you start selling clothes online. Who are the perfect clients for you? What fashions and trends do they like? Understanding your target market will help you develop a more successful marketing plan and provide them with goods that are catered to their wants and needs. To learn more about your target market, including their demographics, hobbies, and purchasing patterns, think about performing market research. Utilize this data to guide your product selection … [Read more...] about How To Sell Clothes Online: Tips And Tricks For E-Commerce Success
8 Key Steps For Effective Leadership Decision Making To Avoid Decision Disasters
Share to Twitter Share to Linkedin Effective decision making to avoid failures and maximize success is your key role as a leader: that’s why “decision makers” is synonymous with leaders. Yet how can you ensure that your decision making results in the right calls as opposed to decisions disasters? Let’s say you make a poor choice on a hire for a major position. General Electric’s Board of Directors hired John Flannery as CEO in 2017 to restructure the company, but he didn’t work out. Shares fell by over 35% in the next year and the Board forced him out in 2018; immediately afterward, GE’s shares rose by 14%. Or perhaps you make a major decision-making error in strategy. Research shows that 46% percent of companies go bankrupt due to wrong-headed strategic moves by their leaders. For instance, Toys ‘R’ Us went bankrupt due to a number of lousy strategic decisions by the company’s leadership, such as taking on too much debt and failing to compete … [Read more...] about 8 Key Steps For Effective Leadership Decision Making To Avoid Decision Disasters
The Five Home Decoration Trends To Adopt This Spring
Share to Twitter Share to Linkedin As spring marks a sense of renewal, these are the top five decorating trends for the season and the products that will inspire you with new ideas to update your homes. Weaving has recaptured the hearts of enthusiasts of handmade objects Weaving has corrected its outdated image, showing its contemporary side. It is infinitely rich because you can play with textures, materials and colors. Drucker ’s multi-hued, structured Beaux Arts chair in rattan with satinated weave recreates that warm Parisian bistro feeling in your home, while Feelgood Designs ’ cantilevered Kaki lounge chair adopting an autumnal rust shade consists of a natural fiber shell made from a handwoven production process that helps to keep this traditional craft alive. Jette Scheib’s Grass lighting collection in woven abaca yarn for Forestier expresses the peace that resides in the weaving process, and its stripes evoke the landscapes of … [Read more...] about The Five Home Decoration Trends To Adopt This Spring
Sony SRS-RA5000 Review: A Sculpted, 7-Driver Speaker That’s Optimized For 360 Reality Audio
Share to Twitter Share to Linkedin One of the things I like about Sony is that every once in a while the company is willing to swing for the fences and release a product that is — different — from everything else out there. Extreme. That’s the case with the Sony SRS-RA5000 , a big, pricey wireless speaker that’s bristling with drivers, sculpted to look like a piece of modern art and optimized to make the most of the 360 Reality Audio format. First Impression Sony knows how to design eye-catching products, and the SRS-RA5000 certainly draws attention. It’s a large (13-inches tall) speaker. All curves, the unit is wrapped in black cloth and dominated by a trio of copper-coloured speaker grills across the top. Maybe they’re rose gold. It depends on the light. Either way, they pop against the black. There are discrete touch controls for music playback on one “side” and for power and connectivity on another. The speaker basically looks like a piece of … [Read more...] about Sony SRS-RA5000 Review: A Sculpted, 7-Driver Speaker That’s Optimized For 360 Reality Audio