RECESSION WARNING:
US Leading Economic Index® (LEI) is down 14.7% from this economic cycle peak.
In the last 65 years, such a drop happened only during recessions.
Index takes into account, US labor market data, manufacturing sector data, building
Two major decisions yesterday:
1. Federal Reserve pauses interest rate hikes, it remains at 5.25% - 5.50%
2. FED Chair Jerome Powell said there will be no more cut in interest rates "until we have greater confidence inflation is going back to 2%"
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1 replies5 likes
Rohan Saha
•
YouTube • 9m
Is it possible to receive a loan with a 7% interest rate without security?
Here's a Summary of the FED decision on March 20, 2024:
1. The Federal Reserve keeps interest rates steady at 5.50% for the fifth consecutive meeting.
2. The Fed maintains its anticipation of three interest rate reductions in 2024.
3. The proje
Anyone who has interest in Web Dev, Rust, Blockchain Dev or working let's connect. Looking forward to learn from you.
0 replies4 likes
Himesh Jain
Stealth • 8m
Hi what are your thoughts on Compound interest
Let's say if I invest 10000 Rs every month for 40 years at an annual interest of 8% then after 40 years
My invested amount = 48 lacs
Money I will get = 3.51 cr
But will it really be worthy with an a
The Institute of Chartered Accountants of India • 5d
How to save Taxes!!! iykiyk -- Part 1.
Taking Debt/Loan as funds is best way eliminate taxes than raising Equity shares.
as Debt is charged against profits and interest is deducted before imposing tax rate.
Also, Be sure that the ROI is higher tha
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