June 29, 2021 FIRSTROCK Capital Holdings Group (FIRSTROCK), for the twelve months ended December 31, 2020, recorded net operating income of US$6 million while for the twenty-six months ended December 31, 2019, net operating income was US$2.02 million. Thus, resulting in net profit of US$2.66 million for the financial year ended December 31, 2020 versus US$692,934 for
United States: Wall Street Funnels Cash to Investors on Stress-Test Success “Morgan Stanley led big U.S. banks in raising payouts to investors -- by jacking up dividends or announcing plans to buy back shares -- after amassing cash piles that easily met the Federal Reserve’s capital requirements. Dividend payouts by the nation’s six largest lenders
June 28, 2021 The advance international trade in goods recorded a deficit of $88.1 billion in May 2021, up $2.4 billion from $85.7 billion in April 2021. Exports of goods for May were $144.3 billion, $0.5 billion less than exports reported in April. Imports of goods for May amounted to $232.4 billion, $1.9 billion more
June 28, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of June 28, 2021, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, and three million people had died after contracting the respiratory virus. Cases now stand at 182,007,973 globally.
June 28, 2021 Weekly Picks 28.06.2021 WIG 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 compensation was, is,
United States: U.S. Job Market Begins a ‘Weird Summer,’ With Choppy Recovery “The U.S. labor market is entering one of its strangest summers ever, with a powerful economic rebound generating record demand for workers just as roadblocks distort employment and wage levels. While economic growth will clock 10% this quarter and 7% next, according to
June 25, 2021 According to estimates by the Bureau of Economic Analysis, personal income fell $414.3 billion (2.0%) in May. Personal consumption expenditures (PCE) rose $2.9 billion but disposable personal income (DPI) fell $436.3 billion (2.3%) (less than 0.1%). In May, real DPI fell by 2.8%, while real PCE fell by 0.4%; goods fell by 2.0%, while
June 25, 2021 The graph above shows deaths reported since the previous day and the 7-day moving average As of June 25, 2021, the outbreak of the coronavirus disease (COVID-19) had spread across the globe to six continents, and three million people had died after contracting the respiratory virus. Cases now stand at 180,900,467 globally.
United States: Powell Inflation View Backed by Fed Majority in Rate Debate “Federal Reserve Chair Jerome Powell has received the public backing of a majority of colleagues for his view that the recent inflation surge will fade, even as some policy makers question that stance and see the need for interest-rate hikes next year. Those
June 24, 2021 The seasonally adjusted initial claims, advance estimate, decreased by 7,000 to 411,000, for the week ended June 19, from the prior week’s revised level of 418,000 from 412,000, up by 6,000, according to the U.S. Department of Labour (DOL). In comparison to the previous week’s average, the 4-week moving average was 397,750, an increase
