kenli

kemalbas Brazil’s central bank, like many other central banks around the world, followed in the Fed’s footsteps in 2022 and increased benchmark interest rates aggressively to counter rising inflation. Thanks to falling inflation in recent months, the bank has held Brazil’s benchmark Selic interest rate steady at 13.75% since October 2022. However, the effects of prior increases, which numbered 12 in total , are still reverberating across the country’s banking industry. Brazilian lenders have, for example, taken a more cautious approach to unsecured lending as borrowers in the space are viewed as riskier bets during times of elevated interest rates and weaker economic growth. These headwinds have weighed on the unsecured lending business and led to a negative shift in investor sentiment toward players with high exposure to the lucrative but risky space. This includes Nu Holdings Ltd. (NYSE: NU ), known as Nubank, the largest digital bank by customer base in Brazil. Since its founding in 2013, when it started offering credit cards to customers with poor credit histories who had been sidelined by traditional banks, NU has aggressively tightened its grip on Brazil’s unsecured lending market. It today offers a wide range of consumer banking products and […]

Click here to view original web page at seekingalpha.com

Carl Chang, CEO, Kairos Investment Management. Image courtesy of Kairos Investment It’s fitting that Kairos Investment Management gets its name from the Greek word for “opportunity.” Carl Chang, the firm’s co-founder & CEO, has decades of experience creating opportunity and then making the most of it. In his current role he oversees a diversified multibillion-dollar portfolio of commercial and multifamily assets. Yet few commercial real estate executives have achieved such a high level of success in such varied fields. A graduate of the University of California at Berkeley, Chang had a distinguished career in professional tennis well before launching his business career. He was named coach of the year by Tennis magazine for, among other contributions, coaching his brother Michael, the tennis Hall of Famer and Grand Slam tournament champion. The rigors of that experience, among other factors, provided a strong foundation for his business success. Alongside his real estate career, Chang has also founded a thriving national restaurant franchise. In this conversation, Chang reveals how these eclectic experiences continue to inform his approach to running his investment company. He discusses key industry issues as what’s ahead for the real estate capital markets, adjusting strategy post-pandemic and the challenge […]

Click here to view original web page at www.commercialsearch.com

BMW is an incredible brand; it’s no secret. Founded in 1917 in Munich , over the years it has increasingly become a style icon and a point of reference for automotive enthusiasts around the world. But in the enthusiastic sea, there’s one very practical Bimmer that we know little of . The BMW 1 Series E87 was produced in Europe and Asia from 2004 to 2012. The characteristic of this company is definitely the reliability of its vehicles, which makes them a durable investment over time, the traditional but always modern design, and in many cases also the power of the engine. And the E87 1 Series was at the peak of the reliability chart. As it often happens, however, the same models are not always available in the various world markets, and that’s why today we want to talk about the 1-Series that never arrived in the United States but has been popular on European and Asian roads. Why The E87 1 Series Was Never Sold In The U.S. Unfortunately, this car never arrived in the United States, and it is very likely that we will never see it, except on very rare occasions. This is not the […]

Click here to view original web page at www.hotcars.com

A trade war between the U.S. and China during the Trump administration added to tensions between the two countries. But China is still the largest foreign market for U.S. farmers, and USDA’s top trade official sees an opportunity to improve ties through agriculture. “We’re reinvesting in that relationship,” Undersecretary for Trade and Foreign Agricultural Affairs Alexis Taylor told reporters at USDA’s Washington headquarters Thursday. “There is an opportunity coming out of the past several years. There are areas of collaboration to invest in with that Chinese relationship,” Taylor said. Taylor stressed that there will be a “whole host of challenges” in finding common ground with China, a country that often does not live up to “a rules-based system.” But she noted that both countries do have common goals in improving innovation and food security. Groups organizing to get farm bill climate focus A coalition of groups representing small-scale farmers as well as farmworkers and minority producers is organizing a gathering on Capitol Hill in March to call for the next farm bill to put a focus on addressing climate change. Organizers are likening the event to the 1979 Tractorcade, when farmers massed in D.C. to demand federal policy reforms. […]

Click here to view original web page at www.agri-pulse.com

Summary Apple’s stock has lagged the broader market in recent months. The stock is attractively valued based on historical price-EBITDA relationships and analyst estimates. A robust product release schedule for 2023 will provide a boost. Apple has best-in-class returns on capital which supports a premium valuation even in today’s market. Nikada/iStock Unreleased via Getty Images What Goes Down… Over the last few months, Apple (NASDAQ: AAPL ) stock has done something that it doesn’t often do: underperform. Since the company’s last earnings call on October 27th, the stock has broken away from the broader market, returning -4% while the S&P 500 ( SPY ) has delivered 8.5%. AAPL vs SPY Since October 2022 (Koyfin) The reason for this short-term underperformance isn’t exactly obvious. Apple, after all, reported record revenues in its October earnings release, and Tim Cook announced that the company has yet to feel the sting of consumer softness in the economy. Investors, however, don’t seem to have believed him. From worries about production issues in China to softening demand for the iPhone that investors seem certain will materialize at some point, investors just seem plain worried that something will go awry at the world’s largest company. We […]

Click here to view original web page at seekingalpha.com

Investors may be able to lock in higher yield levels notes Doug Drabik, Managing Director, Fixed Income Research and Nick Goetze, Managing Director, Fixed Income Solutions. To read the full article, see the Investment Strategy Quarterly publication linked below. Key takeaways: Income and cash flow investors are presented with an opportunity to lock in higher yield levels. The inverted yield curve is thought to precede a recession but is also an indicator of lower future rates. In our view, value lies in the intermediate part of the curves. Locking in these rates may give investors strong income benefits to work alongside individual bonds’ protective asset qualities. Whether you are an investor seeking total return or just earning income, there appears to be a window of opportunity in fixed income. Persistent volatility accosted the bond market in 2022, creating prevalent investor uncertainty which could be attributed to various economic circumstances, including: inflation, geopolitical events and recessionary fears. The general trend of interest rates throughout the year moved the 10-year Treasury yield in a range from 1.52% to 4.25%. As you may already know, there is an inverse relationship between bond rates and bond prices. The longer the maturity, the greater […]

Click here to view original web page at www.advisorperspectives.com

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) announced that it will make available $5.5 million for Hispanic Serving Institutions (HSIs) to establish research Centers of Excellence (COEs) to conduct housing and community development research. This funding opportunity will help strengthen capacity and invest in innovative and actionable research to address issues regarding housing, economic development, and the built environment for underserved communities. “Hispanic institutions of higher learning often serve as leaders within their communities, driving priorities and economic development,” said HUD Secretary Marcia L. Fudge , “At HUD, we are proud to partner with Hispanic Serving Institutions (HSIs) to continue to develop strong communities, build affordable housing, create job opportunities, revitalize neighborhoods, and promote homeownership. The funding availability we’ve announced today will strengthen efforts for these institutions to expand opportunities for underserved communities and promote equitable community development.” “HSIs across the country already serve as opportunity accelerators for students and anchors for their communities,” said Solomon Greene, Principal Deputy Assistant Secretary of HUD’s Office of Policy Development and Research . “These grants can help build their capacity to research and address some of the most pressing housing and community development issues in the communities surrounding […]

Click here to view original web page at www.hud.gov

It’s not easy for small businesses to compete with larger corporations, but one man in Lansing is paving his own path to success. LANSING, Mich. (WILX) – It’s not easy for small businesses to compete with larger corporations, but one man in Lansing is paving his own path to success and he’s doing it through social media. Aondray Worthy owns WalkWorthy , a store that sells custom menswear. You might come across his store at the Lansing Mall, but you might not know how Worthy put his brand on the map. It’s not just the stylish clothes he creates, Worthy wants to spread the message of confidence – and he does that through TikTok . His social media accounts allow him to reach people he never thought he could. “I was able to grow my TikTok following, I think we’re sitting somewhere at like, 27,000?” Worthy said. “WalkWorthy is more about whats on the inside and allowing whats on the inside to reflect on the outside.” But it’s not just about promoting himself or WalkWorthy. “I try to do it in terms of promoting a positive message. For instance, right behind us? That’s my son” Worthy said. “And I […]

Click here to view original web page at www.wilx.com

Florida’s Orange County ranked high among U.S. counties seeing a rise in new business applications. The county ranked No. 12 nationally with 51,354 new business applications in 2021, according to data pulled by Forbes Advisor . Data for the new business applications came from the U.S. Census Bureau, and Forbes highlighted data going back to 2006. Why this matters: New business formations often can highlight places with population growth, as well as locations where businesses are looking to cluster together. Orange County was ranked No. 3 in Florida, behind Miami-Dade County (135,710) and Broward County (84,045). Miami-Dade was the second-highest nationally, behind Los Angeles County in California (178,467), but ahead of Cook County in Illinois (118,325). Seminole County was the only other Central Florida county to rank in the top 100 nationally, at No. 96. Here’s how many new business applications each county had during 2021, as well as how they ranked in Florida: Orange: 51,354, No. 3 Osceola: 12,108, No. 10 Seminole: 11,400, No. 11 Brevard: 10,655, No. 12 Volusia: 10,492, No. 13 Lake: 7,377, No. 19 In total, there were more than 5.4 million business applications in the U.S. in 2021, up from 4.4 million in 2020. […]

Click here to view original web page at www.bizjournals.com

Tuck seeks to reach high-performing talent recently laid off. “We invite them to explore Tuck’s distinctly personal, connected, and transformative MBA experience,” says Executive Director of Admissions and Financial Aid Lawrence Mur’ray. by Tuck Communications Since August 1, there have been thousands of employees in highly skilled jobs who have unexpectedly received a pink slip. Technology has been the industry predominantly in the headlines regarding layoffs, but no sector has gone unaffected. In response to this rapid shift in the market, the Tuck School of Business at Dartmouth is announcing a special admissions initiative to meet the needs and potential of high-performing talent recently laid off. From now through March 1, 2023, those impacted will have the ability to request a GMAT/GRE test waiver when applying to Tuck’s full-time MBA program. There’s an influx of exceptionally talented individuals in the labor market right now who may have been considering business school someday down the road and the road just took an unexpected sharp turn on them, says Lawrence Mur’ray, executive director of Admissions and Financial Aid. We are talking about smart, accomplished, ambitious people who have been laid off, are trying to figure out next steps, and now have […]

Click here to view original web page at www.tuck.dartmouth.edu