March 02, 2020 Weekly Picks 02.03.20 ECL 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, or
March 02, 2020 United States: Fed Ready to Cut Rates Despite Doubt They Can Offset Virus “The Federal Reserve is now prepared to reduce interest rates this month even though it recognizes monetary policy cannot completely shelter a U.S. economy increasingly threatened by the coronavirus. Fed Chairman Jerome Powell opened the door to a rate-cut
February 28, 2020 In January, personal income rose by $116.5 billion (0.6%) in the U.S, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) climbed $30.6 billion (0.2%) and personal consumption expenditures (PCE) grew $101.4 billion (0.6%). Real DPI rose 0.5% in January and Real PCE climbed 0.1%. The PCE
February 28, 2020 United States: Democrats Urged to Heed Payday Debt Problem in South Carolina "In the 20 minutes it takes Reverend Brenda Lynn Kneece to drive from her home in Columbia, South Carolina to her church about 15 miles north, she passes by at least two dozen billboards and businesses offering payday loans. Lynn
February 27, 2020 Brent Oil Brent oil prices decreased by 14.15% or US$8.39, as prices fell this week relative to the prior week. Oil traded on February 27, 2020 at a price of US$50.92 per barrel relative to US$59.31 on February 20, 2020. Brent oil opened 2020 year at US$66.25 per barrel. Petrojam prices 87
February 27, 2020 The Chairman, Ian Pasard, stated that "The financial year 2019 was a turnaround year for 138SL, the key items focused on were: full execution of the concession agreements with our key partner, the University of the West Indies, improved operational efficiency, management of the bad debt collections and growing portfolio in short
February 27, 2020 United States: Sales of New U.S. Homes Reach Highest Level Since July 2007 “New-home sales in the U.S. jumped at the start of the year, reaching the strongest pace since mid-2007 on the heels of cheaper borrowing costs, favorable weather and a resilient labor market. Single-family home sales rose 7.9% to a
February 25, 2020 The Planning Institute of Jamaica (PIOJ) held their Media Briefing today, discussing the review of the economic performance of Jamaica for the October to December 2019 period. Dr. Wayne Henry, Director General of PIOJ, highlighted the macroeconomic performance for the October-December 2019, mentioning. “real GDP is estimated to have grown by 0.1%
