April 5, 2023 United States: Fed’s Mester Says Rates Should Rise Above 5%, Stay for Some Time Federal Reserve Bank of Cleveland President Loretta Mester said policymakers should move their benchmark rate above 5% this year and hold it at restrictive levels for some time to quell inflation, with the exact level depending on
April 4, 2023 United States: Jamie Dimon Warns US Banking Crisis Will Be Felt for Years Silicon Valley Bank’s blunders were encouraged by US regulation, went untested by the Federal Reserve and were “hiding in plain sight” until Wall Street and depositors grew alarmed. That’s JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon’s
April 3, 2023 General Accident Insurance Company Limited (GENAC), for the year ended December 31, 2022 reported gross premium written of $15.11 billion, 8% higher than the $13.96 billion reported for 2021. Reinsurance ceded also rose by 8% to close at $11.33 billion relative to $10.49 billion booked in 2021. Excess of loss reinsurance trended
April 3, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for March 30, 2023, was J$16.39. MJE’s last traded price on March 30, 2023 was $12.50. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
April 3, 2023 Government Operations Results for February 2023 Disclaimer: Analyst Certification –The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their
April 3, 2023 Weekly Picks 03.04.2023 LASD Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their
April 3, 2023 United States: Treasuries Fall as OPEC+ Disrupts Fed-Pivot Wagers: Markets Wrap Global markets made a shaky start to the second quarter of 2023 as OPEC+’s surprise plan to cut oil production revived concerns of elevated inflation and pushed traders to prune their wagers on a dovish tilt by the Federal Reserve.
March 31, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for March 29, 2023, was J$15.00. MJE’s last traded price on March 29, 2023 was $12.50. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
March 31, 2023 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for March 28, 2023, was J$14.74. MJE’s last traded price on March 28, 2023 was $11.50. The below graph shows MJE’s Net Asset Value movement since 2020. Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect
March 31, 2023 United States: Collins Says History Shows Fed Must Stay Course on Inflation Federal Reserve Bank of Boston President Susan Collins said that there’s “more work to do” to bring inflation down and that while “we’re likely to see at least some” credit tightening as a result of recent banking turmoil, it
