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Bank Profitability: Decoding the Income Statement

Tom Spencer

Banks typically adjust their lending rates based on the central bank’s policy rate. It reflects the bank’s assessment of potential losses it may incur and its commitment to maintaining a strong balance sheet. Indirect tax refers to taxes imposed based on the consumption, sale, or use of goods and services.

Banking 88
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Another "Print Your Way to Prosperity" Mindless MMT Proposal

MishTalk

Adair Turner, former Chairman of the United Kingdom’s Financial Services Authority, and current member of the UK’s Financial Policy Committee and the House of Lords proposes a need to Rethink the Monetization Taboo. The Fed’s tapering merely slows the growth of its balance sheet.

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Two-Week Price Inflation in Argentina hits 30%, US Products Lead the Way; Currency Devaluations Hit P&G Earnings

MishTalk

Forbes explains Venezuela, Argentina Currency Devaluations Hit P&G Expected Sales And Earnings. Due to devaluations in currencies like the Venezuelan bolivar, Argentine peso and Turkish lira, to name a few, the consumer product giant said that it is lowering its outlook for its full-year 2014 sales and earnings.

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M&A deals – benefits and drawbacks

Tom Spencer

Many consulting, corporate strategy, and corporate development roles require the interviewee to go through an M&A case study. Such transactions typically happen between two businesses that are about the same size and which recognize advantages the other offers in terms of increasing sales, efficiencies, and capabilities.

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Monetarists Accuse ECB of "Dangerous Game of Chicken"; The REAL Dangerous Game

MishTalk

The balance sheet of the European Central Bank has fallen by €553bn over the past year as banks repay money that they no longer want, either because ECB funds are too costly in a near-deflationary world or because lenders are being compelled by regulators to shrink their books. The US and China are withdrawing stimulus on purpose.

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Has COVID-19 Derailed Your Planning? Tips From a Crisis Management Expert

Martinka Consulting

For most business owners I’m guessing your strategy is off track and any exit planning is on the back burner given our minds are on the ramifications of the COVID-19 virus. You can’t make sales calls when ordered not to. Know what’s happening with governments and their policies. It comes down to choices. Do not “hunker down.”

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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Sales of Class 8 heavy trucks are on pace for one of the best years in history - around 260,000 units in North America. According to the SEP, “each participant’s projections are based on his or her assessment of appropriate monetary policy.” “Everything above that should be handled by methods that can provide capacity on interim basis.