Podcasts about Federal Bank

In this episode of Market Minutes, Lovisha Darad talks about the key events that would shape markets on March 26. After Nifty extended rally to the seventh consecutive day, experts now eye Nifty to reach to 24,200, with support around 23,400. Given global handover is strong, all eyes will be on if FIIs continue their buying spree in Indian equities. Among stocks in focus, watch out for Manappuram Finance, Federal Bank, and IREDA. Also, catch Mark Matthews of Julius Baer on the Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.

A potential Federal Bank apocalypse is underway, and it's sending shockwaves through the crypto world! In this episode, we'll break down what's happening, how it could impact Bitcoin, altcoins, and the entire financial system—and most importantly, how you can survive this crypto crisis. Don't miss out on this crucial crypto news!

Erhart v. Bofi Federal Bank

Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top developments from around the world ahead of the trading session of October 7 -The Nifty 50 on Friday did huff and puff its way to somehow close above 25,000, it could not avoid registering its worst week of 2024, a week that saw ₹17 lakh crore erosion in the overall market capitalisation of BSE-listed companies. The trio of HDFC Bank, ICICI Bank and Reliance Industries contributed to over 40% of the sell-off seen on the Nifty during Friday's session, although FMCG stocks were the ones that triggered the move downwards during the final trading day of the week. -The upcoming week promises no respite either. The tensions between Iran and Israel continue to remain an overhang as there has been no positive development on that front. This will also have an impact on the Reserve Bank of India's policy decision on Wednesday. -While a majority of CNBC-TV18's Citizen's MPC believes that the RBI should not cut rates, they believe that there should be a change in the central bank's stance to "neutral." -Earnings season begins in the second half of the upcoming week with TCS kickstarting proceedings on Thursday, October 10, along with other broader market names like Tata Elxsi, IREDA and others. -The Nifty bulls may look for some respite on Monday considering the oversold setups and a positive handover from Wall Street post the non-farm payrolls data. -Stocks to watch: Titan, IndusInd Bank, Federal Bank, Macrotech Developers, Godrej Properties, Adani Wilmar, Metropolis Healthcare, RBL Bank, L&T Finance, GAIL, Gravita India, MTNL, Landmark Cars -Asian stocks rose this morning after stronger-than-expected US payroll data underscored the health of the world's largest economy and boosted optimism over a soft landing. Equity benchmarks in Australia, South Korea and Japan all gained after the S&P 500 and Treasury yields rose on Friday as traders trimmed bets on Federal Reserve interest-rate cuts. US 10-year yields climbed a further one basis point Monday, nearing the key 4% threshold. -Over in the U.S, stocks advanced on Friday after a stronger-than-expected jobs report gave investors confidence around the health of the economy. Data showed nonfarm payrolls grew by 254,000 jobs in September, far outpacing the forecasted gain of 150,000 from economists polled by Dow Jones.  The S&P 500 rose 0.9%, while the Nasdaq Composite jumped 1.22%. The Dow Jones Industrial Average added 0.81% to notch an all-time closing high of 42,352.75. -Oil drifted lower as traders weighed Israel's potential retaliation against Iran for a missile attack last week, with President Joe Biden discouraging a strike on Tehran's crude fields. -The GIFT Nifty was trading higher, at a premium of over 80 pts from Nifty Futures Friday close, indicating a gap-up start for the Indian market. Tune in to the Marketbuzz Podcast for more cues

Send us a Text Message.In this episode of the Grow Clinton Podcast, Andy and Jenny interview Dean Ahlers of Sterling Federal Bank. Sterling Federal Bank held its 7th Annual Employee Charity Challenge. The organization, My GEAR Outreach, was the grand prize winner of $20,000! Liz Estilow of My GEAR Outreach joins Dean to share what they plan on doing with the investment and its impact on the program. www.mygearoutreach.org To learn more about Grow Clinton membership, contact the Grow Clinton office at 563.242.5702 or visit us online at www.GrowClinton.com.Grow Clinton's mission is to promote business growth, build community, and advocate for the sustainable economic success of the Greater Clinton Region.

Marketbuzz Podcast: Indian markets may see a flat start according to the GIFT Nifty. Watch out for stocks like Suzlon, Federal Bank, HUL.

Good morning listeners,Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, March 29, 2024. My name is Nelson John. Let's get started:Markets continued to pick up on Thursday. Benchmark indices Nifty and Sensex increased by around 0.90 percent each. Power, auto, and metal stocks led the surge during yesterday's trading session.Despite yesterday's good news, the markets have been volatile of late. Much of this volatility can be attributed to smallcap stocks, which suffered a crash after the markets regulator warned investors of the possibility of a smallcap bubble. The BSE Smallcap index is flat for the year, and down 4.5% in March. Mint's corporate writer Varun Soo unpacks one of the reasons behind this volatility: offshore funds. After a long investigation, Varun discovered that three men at the helm who were involved in dozens of smallcap stocks. They have been accused by the Enforcement Directorate of operating a "hawala" scam and manipulating stocks. This is an excellent read if you want to understand how smallcap stocks operate.Thursday was also the last trading day of the financial year for 2024. For the last 12 months, Nifty and Sensex have increased by 31 and 27 percent respectively. Small and midcap stocks increased by more than 65%, despite the recent volatility. Mint's markets correspondent Dipti Sharma brings you a summary of the equity markets' performance in the past financial year.You might have made some gains on a stock, but earlier you still had to wait two working days for the proceeds to be deposited to your account. This changed to one day. Now, you can realise your gains instantly: the markets regulator Sebi has approved same-day settlement on a trial basis. This process is called the T+X system, where X is the number of days taken to process a transaction. A limited number of brokers and a set of 25 stocks are currently following the T+0 system. Sebi is going to assess the results in 3 and 6 months from now, before deciding if a universal rollout is possible. Dipti Sharma explains the T+0 model, and how it might change equity investing forever.Recently, the Reserve Bank of India asked Federal Bank and South Indian Bank to stop issuing new co-branded credit cards. Usually, these tie-ups are either with retail outlets or fintech companies. Mint's banking correspondent Gopika Gopakumar writes that these partnerships came under the RBI's scanner after it found that banks were sharing their risk assessment models with the companies they tied-up with. These assessments are supposed to be done in-house by the banks, which contain sensitive information about a user's financial data. The RBI also wants to prevent the rapid rise in credit cards issued — about 99 million such plastic is currently in circulation in India. We'd love to hear your feedback on this podcast. Let us know by writing to us at feedback@livemint.com. You may send us feedback, tips or anything that you feel we should be covering from your vantage point in the world of business and finance.

Marketbuzz Podcast: The GIFT Nifty is indicating a gap down start for the Indian markets. Watch out for Midcaps and Smallcaps and ITC, Coal India, IIFL Finance.

Equity Cash: Orchid Pharma, Railtel and ITD Cem Equity Derivative: BHEL 230 CE, Federal Bank 148 PE Index Derivatives: Nifty 21800 CE, Nifty Bank 45000 CE --- Send in a voice message: https://podcasters.spotify.com/pod/show/kunvarji-group1/message

The wrong mic was selected for this episode so I sound far away and muffled. KrisCross Corner is the exclusive Detroit-based podcast with Kris Canty and the Great Debaterz. Join the crew as they talk about interesting topics, current events, and more! Kris will also try to get your brains working with some Top 10 Lists of Random topics. Watch the podcast on YouTube! Support the podcast here: anchor.fm/kriscrosscorner/support  Watch the podcast here: www.youtube.com/@kriscrosscorner  Listen to the podcast here: https:// open.spotify.com/show/21S54f6JNK3mxkVkVgGAxH  --- Send in a voice message: https://podcasters.spotify.com/pod/show/kriscrosscorner/message Support this podcast: https://podcasters.spotify.com/pod/show/kriscrosscorner/support

Equity Cash: Wel Corp, NCC and Kirloskar Oil Equity Derivatives: Indus Tower 220 CE, Federal Bank 148 PE Index Derivatives: Nifty 21500 PE, Nifty Bank 46000 PE --- Send in a voice message: https://podcasters.spotify.com/pod/show/kunvarji-group1/message

India's benchmark indices, Sensex and Nifty 50, are likely to start the trading session of January 16 little changed from the previous close. After Nifty 50 conquered the 22,000 mark, the markets posted a record close led by heavyweights like Reliance Industries as well as IT stocks, which saw continued buying. The Nifty 50 ended higher for the fifth consecutive session with the midcap index too posting a record close. There seems to be momentum from results, a pre-election rally, and inflation data, which was softer-than-anticipated. According to market experts, the strategy of possibly buying on dips with a focus on stock selection is likely to continue. Globally, the US markets were closed overnight. Asia stocks were trading largely lower while Brent crude was a bit sluggish at around $78 per barrel. The GIFT Nifty is indicating a softer start. Quarterly results are the major cues to watch out for with Federal Bank, HDFC Bank, and Bank of Maharashtra in focus. Tune in to the Marketbuzz Podcast for more cues

Equity Cash: Equitas Small Bank, Railtel and Venus Pipes Equity Derivatives: Gail 160 CE and Federal Bank 160 CE Index Derivatives: Nifty 21800 CE, Nifty Bank 48600 CE --- Send in a voice message: https://podcasters.spotify.com/pod/show/kunvarji-group1/message

Indian benchmark indices — Sensex and Nifty 50 — are likely headed for a muted opening in the trading session of October 16. This follows the market's inability to sustain intraday gains during the previous session on October 13, especially due to a late-hour dip in bank recoveries. Global oil prices have surged by approximately 6% due to heightened geopolitical tensions in Israel. However, on October 16, oil prices experienced a decrease, partially reversing the rally observed on October 13. Investors are on the lookout to determine whether the Israel-Hamas conflict escalates, potentially involving other nations and consequently driving prices higher, which could adversely impact the global economy. Brent futures exhibited a decline of 0.4% to reach $90.55 per barrel, while US West Texas Intermediate (WTI) crude dropped by 41 cents, or 0.5%, to $87.28 a barrel as of 3:18 am. These shifts followed the notable 6% increase in both benchmarks during the previous session, marking their highest daily percentage gains since April, as investors factored in the likelihood of an extended Middle East conflict. In recent developments, Iran issued a warning through a social media post, emphasizing the need to halt what they termed "war crimes and genocide" by Israel, cautioning about potential far-reaching consequences if action is not taken. This warning came after Axios reported that Tehran had conveyed a message via the U.N. to Israel, indicating that any ground offensive in the Hamas-controlled Gaza Strip would elicit a response from Iran. The US market, meanwhile, closed lower on October 13 but was up for the second consecutive week. In morning trade, Asia was largely low and the GIFT Nifty indicated a softer start as earnings continue to be in focus. Avenue Supermarts released its financial results over the weekend, and its stock is likely to exhibit a reaction in response. Furthermore, HDFC Bank, Federal Bank, Bank of Maharashtra, ICICI Securities, and Geo Financial Services are slated to announce their earnings for the July to September quarter later in the day. These companies are all set to release their financial figures today. Tune in to the Marketbuzz Podcast for more news and cues

OneCard is a metal credit card that is offered in collaboration with several providers including SBM Bank, South Indian Bank, Federal Bank, BOB Financial and CSB Bank. It is a lifetime-free credit card that is best suited for people who are new to credit and want to earn reward points on their purchases. If you're interested use this link for applyUse my exclusive code VIV6KUWSL when you join. Cheers! *T&C Apply. Join Now- https://1cardapp.page.link/ijWS #creditcard

Scapia has made a remarkable entry into the market with the launch of its co-branded credit card in collaboration with Federal Bank. The response has been overwhelming, with massive growth in customer sign-ups. Tailor-made for travel lovers, the card turns a customer's everyday expenses into exciting travel rewards. And the perks are unparalleled! From zero-forex markup to unlimited domestic lounge access, zero joining and annual fees, it is the ultimate travel companion. Founder Anil Goteti's passion for travel and understanding of the younger generation's needs, has been the driving force behind Scapia.   Brace yourselves for our latest episode of Founder Moments, as Vikram uncovers Anil's approach to building Scapia and his vision for the future. With less than 5% of the population currently possessing credit cards and India projected to have 200 million credit cards in circulation by 2030, the opportunities are vast.

The global set up is positive today morning, The Dow Jones gained 1 percent for the seventh day in a row. The Asian market picture is broadly higher. The Nikkei is up more than a percent, the Taiwan, South Korean markets are also in the green. But Hang Sang continues to remain under pressure. As the economic data from China over the weekend has been downbeat, it is putting pressure on the growth expectations. The GIFTY Nifty is also suggesting a higher start today. Yesterday, the markets opened up pretty well. The Nifty Bank was at an all-time high level, the mid cap index notched up a record, the small cap index was at an 18-month-high. But then some profit booking set in in the second half of the trading session and the markets were consolidating. Experts we have spoken to indicated that this is not a trend reversal. It's just healthy time correction, profit booking, which happens after a fantastic rally, which we have witnessed over the last couple of days. In terms of flows, the DIIs sold Rs 1300 crore in the cash market, the FIIs net bought Rs 2100 crore. In earnings reaction, IndusInd bank, HDFC Bank and Federal Bank have reported their numbers. HDFC Bank's earnings were steady on all parameters, Federal Bank's were a bit of a miss on the margin, but the other parameters looked go. And IndusInd Bank too has reported numbers in-line with Street estimates. It's a steady showing by Indecent Bank and Morgan Stanley today has raised the target price to Rs 1800 per share. Meanwhile, L&T Tech reported a big miss on revenue and ICICI Lombard reported a miss on the profitability and that is on account of higher losses due to the cyclone. Keep your eye out on the block deals. Rallis -- Yesterday, Tata Chemicals bought nearly a 5 percent stake, Rekha Jhunjhunwala sold a 5 percent stake IFC has announced it will be investing Rs 958 crore in Federal Bank, with this their stake in the bank will rise to 8.1 percent compared to the previous 4.1 percent. Tune in to the Marketbuzz Podcast for more news and cues ahead of today's session

The GIFT Nifty is suggesting a higher start to today's trading session. The momentum has firmly been in the hands of the bulls. Yesterday, both the Nifty and Sensex scaled another record high session. New day, new records. Yesterday, 19,700 was taken out with ease in the last one hour of trade. Meanwhile, flows appear to be fairly muted. The FIIs bought Rs 73 crore, while the DIIs net bought Rs 64 crore. In the first half of the trading session on Monday, IT was dominating – Infosys, TCS, Wipro, HCL – these were stocks at the high point of the day. In the second half of the trading session, profit booking set in in frontline IT names – Infosys and TCS. HDFC Bank reported a steady set of numbers. The stock has been an underperformer as versus private sector banks over the last three years. And the stock took off. It powered. Even in the other names – SBI, Kotak Mahindra Bank – also did quite well by the close of trade. Consequently, the markets conquered the 19700 mark. Today you have got the Fin Nifty expiry and important numbers from ICICI Lombard, ICICI Prudential, L&T Tech, IndusInd Bank and Polycab. A word in the global market is slightly higher. The Dow Jones was up 2.5 percent, the S&P 500 adding 4.5 percent, the Nasdaq gaining close to a percent. But it's a big week of earnings even in the United States. Tesla, Netflix, Goldman Sachs, Morgan Stanley and Bank of America. In terms of individual stocks that you should keep on your radar, there are three IT stocks. One of them is Infosys, which has announced that they have entered into an agreement with an existing client to provide AI and automation-led development, modernisation and maintenance. The total client target spend over the next five years is estimated to be $2 billion. LTIMindtree came out with its first quarter numbers, soft. The constant currency revenue growth is just up 0.1 percent quarter-on-quarter, lower than expectations. Tata Elexi's growth has slowed down, with constant currency revenue growth at 1.2 percent, its margin are down around 20 bps quarter-on-quarter, but 300 basis points from last year. There has been a slowdown in transportation, one of its key verticals, which witnessed a softer growth. There is a big deal taking place in the mattress space. Sheela Foam has approved the acquisition of Kurlon. It will be acquiring a near 95 percent stake in Kurlon Enterprises for Rs 2,150 crore. Amara Raja is going to see a very large block deal today. Claros ARBL will be looking to exit their entire 14 percent stake, with a floor price set at Rs 51 per share at a 5 percent discount to where the stock closed yesterday. Federal Bank should be on your radar because its subsidiary FedFina has finally announced that it will filing their DRHP for an IPO.

In this episode, find out about Federal Bank appointing AP Hota as the part-time chairman, also about SAT's hearing on the Zee-Sebi case Business Term of the Day: Expense of Management.

Eapen Thampy joins The Marc Cox Morning Show to explain the premise of a central bank digital currency. iStock / Getty Images Plus

Central Bank Digital Currency Explained.End of Life Planning for Aging Parents.History of the Federal Bank.

After a recapping the mixed market week of May 15-19, DoubleLine's Jeffrey Mayberry and Eric Dhall take on a Topic of the Week that looks at the in-the-headlines banking industry (13:04). Jeff begins the ToC section with coverage of a Federal Bank of New York blog post* with some interesting data on banking deposit activity from March 2022 to March 2023, when outflows accelerated amid the banking crisis. While that period marked almost $1 trillion in outflows, the activity was concentrated in the super-regional sector. That information leads to the question of the week: Does it matter to the banks if they have excess reserves? Will profitability go up if they have less deposits to pay for? (19:39) Jeff responds with a look at the need for the super-regionals to now pay put more to retain their deposits and what that means in terms of levering up. When not in a Fed tightening cycle, deposits are a very cheap form of having assets. Looking at the markets, the S&P 500 was up on the week (1:50) while the Agg was down (3:17). It was a light week in Macro Land (6:41), with retail and industrial numbers and a recession-flashing LEI print. Fed Chair's Jerome H. Powell's sitdown with former Chair Ben Bernanke offered up some prime Fedspeak (9:57), with Jeff and Eric discussing the event and its impact on the markets. Next week will deliver a lot of data (22:10), including PMI and personal income and savings numbers as well as the April PCE print. *Bank Funding During the Current Monetary Policy Tightening Cycle

Equity: PVR, BPCL and Indusind Bank Equity Derivatives: Maruti 8500 CE, Federal Bank 130 CE Index Derivatives: Nifty 17100 CE, Nifty Bank 39500 CE --- Send in a voice message: https://podcasters.spotify.com/pod/show/kunvarji-group1/message

The banking sector continues to reel after the collapse of Silicon Valley Bank, with another Bay Area bank under financial pressure, as investors worry about the crisis spreading. This is happening even though the Biden administration moved quickly to guarantee all deposits at Silicon Valley Bank, beyond the usual FDIC limits. It's astonishing how quickly Silicon Valley Bank unraveled, in just a matter of days, followed over the weekend by the failure of Signature Bank, in New York. Today shares of First Republic Bank, based in San Francisco, fell by about two-thirds, even though that bank remains open for business and well capitalized, according to its leaders, who say they've secured more financing from JP Morgan to make sure they could survive a run on the bank if one came. Meanwhile, those who depend on Silicon Valley Bank had a pretty nervous weekend before the administration stepped forward. For more, Doug Sovern, Pattie Reising, and Brett Burkhart spoke with State Senator Dave Cortese of San Jose, whose district includes much of Silicon Valley and many customers and companies who bank at Silicon Valley Bank.

Equity Cash: Spencer's, Federal Bank, Tata Chem Equity Derivatives: JSPL 580 PE, Bharti Airtel 780 CE Index Derivatives: Nifty 17900 CE, Nifty Bank 42200 PE --- Send in a voice message: https://podcasters.spotify.com/pod/show/kunvarji-group1/message

Crypto startups in India are not barred from any innovation but must adhere to the country's laws on foreign exchange, IT Minister Rajeev Chandrasekhar told Inc42 in an interview, according to a report from the startup news and analysis site. And SaaS action continues in India, with Lentra raising $60 million in Series B funding that includes Citi Ventures's first investment in an Indian fintech company, valuing the Mumbai startup developing AI-based embedded finance solutions at more than $400 million, TechCrunch reports. Notes: Crypto startups in India are not barred from any innovation but must adhere to the country's laws on foreign exchange, IT Minister Rajeev Chandrasekhar told Inc42 in an interview, according to a report. For a startup, whether you are innovating for crypto or blockchain or Web3, there is absolutely nothing in the law that prevents you from doing it. There is nothing in the IT Act that stops you from doing it. We welcome any investor or startup to innovate in crypto or Web3, the minister said, according to Inc42. The restrictions involve exchange control. Some startups have made the mistake of becoming full-blown crypto brokerages and exchanges without getting the required permissions from the RBI and SEBI, he said, according to the report. Australia is considering banning the payment of ransoms to hackers, following recent cyberattacks affecting millions of Australians, Reuters reports, citing the country's Home Affairs Minister Clare O'Neil. Australia's biggest health insurer, Medibank and Optus, Australia's second-largest telco, owned by Singapore Telecommunications, and at least eight other companies, have been breached since September, according to Reuters. The country has also bolstered its cyber police, with a new joint task force, according to Reuters. Apple is facing a class action lawsuit for allegedly harvesting iPhone user data even when the company's own privacy settings promise not to, Gizmodo reports. The suit, filed on Nov. 10 in a California federal court, comes days after Gizmodo exclusively reported on research into how multiple iPhone apps send Apple analytics data, regardless of whether the iPhone Analytics privacy setting is turned on or off, according to the report. The problem was spotted by two independent researchers at the software company Mysk, who found that the Apple App Store sends the company exhaustive information about nearly everything a user does in the app, despite a privacy setting, iPhone Analytics, which claims to “disable the sharing of Device Analytics altogether” when switched off. Lentra, a Mumbai startup developing AI-based fintech solutions, has raised $60 million in Series B funding, TechCrunch reports. The investment values the startup at “over $400 million,” D Venkatesh, the founder and CEO of the startup, told TechCrunch in an interview. Existing investors Bessemer Venture Partners and Susquehanna International Group led the round with participation from Citi Ventures, a subsidiary of Citigroup, according to TechCrunch. This is Citi Ventures' first investment in a fintech from India. Lentra, founded in 2018, is profitable and offers tech solutions to commercial banks for their digital loan services. HDFC Bank, Federal Bank, Standard Chartered and IDFC First Bank are some of its customers. Theme music courtesy Free Music & Sounds: https://soundcloud.com/freemusicandsounds

The pandemic changed federal banking regulations. Mainly because auditors could not go to banks in person to check the books and the procedures. Regulators figured out a way to do remote bank supervision, but they all did not update their risk profiles, according to the Government Accountability Office. To find out more about what GAO uncovered, Federal Drive host Tom Temin spoke with Michael Clements, GAO's director of financial markets and community investment.

The latest on the attack on your 2A is to get companies to do the dirty work the Dems can't legally do themselves. Don't agree with a list going to the corrupt federal law enforcement (aka FBI)? Me either. But some companies are undermining your rights as we speak. Also: Digital currency and the Federal Bank. Good times or just the Chinese social credit score in disguise?

Today CEO and CIO Cathie Wood and Angie Dalton engage Caitlin Long, the CEO and Founder of the privately owned Custodia Bank, in an insightful conversation about her work and her particular take on the possibilities of crypto technologies in the current climate. Caitlin's approach is one we do not hear about so often, and we get to explore how Custodia Bank is hoping to harness the powers of new technology and at the same time focus on proper regulation adherence and improving the dominant banking systems. We talk about the work that Caitlin is doing as a stepping stone and how we might get through this transitional period of integration, and Cathie and Angie get to ask our guest a number of very probing questions on what a truly modern payment ecosystem would look like. For Caitlin, it is a no-brainer to utilize this powerful, open, and cost effective technology to upgrade banking services. “Ultimately, what we're trying to do is ensure that the on-off ramps are there and reliable so that legitimate businesses in this industry don't lose their bank accounts.” — @CaitlinLong_ Key Points From This Episode: The significance of Wyoming to Caitlin's work and the inspiration drawn from South Dakota. Caitlin paints a picture of the regulatory backdrop for her efforts to start a bank. Creating a bank in new infrastructure while integrating digital assets into the traditional banking system. Why access to the Federal Bank is necessary for this project. The likely impact of ‘open banking' on the status quo and the incumbent powers. Exploring the idea of rehypothecation and Caitlin's approach to lending and leverage. Recent lessons in transparency for policymakers. A little about Custodia Bank, its bank charter, and the problems they are aiming to solve. Adjusting the narrative around crypto and non-compliance with regulation. Comparing crypto with card networks and how the infrastructure might be replicated. Caitlin explans how Custodia Bank compares with Silvergate and Circle. Caitlin's feelings about moving back to Wyoming!

Chris Murray, Island Federal Bank LIVE on LI In the AM w/ Jay Oliver! by JVC Broadcasting

With John Burdette from FourthAvenueFinancial.com out, Dan Smithson from Star USA Federal Credit Union pinch hits and discusses the role of The Federal Bank and provides consumer tips.StarUSAFCU.com

Episode Notes Episode summary In this new monthly segment, members of the Strangers Collective discuss current events as they relate to community preparedness. If you're watching the news and wondering what's going on with inflation, supply chain shortages, the heat "wave", or Q'anon talking about space lasers and the black holes that are causing all of this, tune in. The group breaks down the mechanics of inflation, why prices are what they are, why we're seeing shortages, and ways you can prepare now for when things get worse. Host Info Casandra can be found on Twitter @hey_casandra or Instagram @House.Of.Hands Margaret Killjoy can be found on twitter @magpiekilljoy or instagram at @margaretkilljoy. Publisher Info This show is published by Strangers in A Tangled Wilderness. We can be found at www.tangledwilderness.org, or on Twitter @TangledWild and Instagram @Tangled_Wilderness. You can support the show on Patreon at www.patreon.com/strangersinatangledwilderness. Transcript This Month In The Apocalypse Margaret 00:15 Hello and welcome to Live Like The World Is Dying, your podcast for feels like the times. I'm one of your hosts, Margaret killjoy, because joining me today are two other co-hosts if y'all want to introduce yourself. Casandra 00:28 I'm Cassandra. Brooke 00:30 I'm Brooke. Margaret 00:32 And today, we are starting a new, a new fun series talking about all the fun stuff that's going to be coming your way soon. It's called This Month In The Apocalypse, because we've realized that on this podcast, we talk a lot with different people about how to do different skills, about different specific issues, but there's so much happening these days that it seems worthwhile to kind of keep track of this as it happens, all the different things that are happening, I don't know, does that decent description of what the hell we're trying to do? Casandra 01:09 Yeah. Margaret 01:11 And you will be excited to know that this podcast is a proud member of the Channel Zero network of anarchists podcasts, and here's a jingle from another show on the network. Jingle song 01:24 It's going down, and you're invited for what they sell it. We buy in, there is no running. There is no hiding. There's only fighting or dying. It's going down, and you're invited for what they're selling, we aint buying. There is no running. There is no hiding. There's only fighting or dying. Jingle Host 01:53 It's going down is a digital Community Center from anarchists, Anti-Fascist, autonomous, anti-capitalist and anti-colonial movements. Our mission is to provide an autonomous and resilient platform to publicize and promote revolutionary theory and action. Jingle Host 2 02:10 Go to itsgoingdown.org for daily updates, check out our online store for ways to donate and rate and follow us on iTunes if you like this podcast Margaret 02:27 We're back from the jingle. I'm used to having another podcast where there's actual ads, which sucks. And so I don't know how to talk anymore. So, nothing really happened this month and everything is continuing as it should. I believe there's no major supply chain interruptions nothing forecasted bad to happen. Does that that match with the yall's understanding? Brooke 02:54 Yeah, good done, end of pod. Move on with our lives. Margaret 03:01 What do we want to talk about first? Want to talk about shortages? All the stuff there's shortages of? Brooke 03:09 Sure. Casandra 03:10 Yeah, I was looking at a list. And it's it's just everything. They're shortages in everything. Margaret 03:16 Give me some example. Casandra 03:17 It started out like meat, dairy, eggs. And then it was like produce, aluminum for packaging things, plastic packaging things, fuel to get things to places. Margaret 03:27 Yeah, one of the things I was trying to think about was like, you know, when I was looking through, it seems like some of the things that they're shortages of there's shortages of from a supply chain point of view, sort of a temporary point of view, right? Like, like one of them is like pet food. I saw that one and I like freaked out. It's like I have a pet. You know, do I need to fill my basement with like a like a ball pit, but just full of kibble? Brooke 03:52 Ongoing forumla shortage issues. Margaret 03:55 Yeah. Well, but and what's interesting is to try and figure out which of these things are....the pet food issue, at least as I saw was a little bit different than some of the other ones. It actually more is about there's increased demand, because locked down got more people to decide to become closer buds with different creatures that aren't human that eat pet food. And, I guess there's a word for those. And so... it'sprobably in the word pet food. Food. People decided to become friends with different food. Shit, I'm supposed to be the vegan on this podcast. Okay, so.... Brooke 04:30 We're off to a banging start. Margaret 04:34 Hell yeah. So pet food, it seems like the shortage is, at least at the moment more just that like there's a lot more demand for pet food. And, so therefore, like people are rushing to keep up. Kind of like the mask shortage at the beginning of the pandemic wasn't like, "Oh God, we're out of the capacity to produce masks." They just were like, "Oh, we need to like ramp up our infrastructure." And so there's like some of it like that. But, then it seems like some of the other shortages are a little bit more because there's not the capacity to either create the thing, or distribute the thing. I don't know, you all know more about this. Casandra 05:09 Or even there's...I think about crops, like there's the ability to create the thing, but not to actually harvest and process the thing. It's seems like every step along the way, is having issues. Brooke 05:23 Right. And if you've got issues with plastic and aluminum, then you can't package the thing. So, maybe you could make it and maybe you even can ship it, but you pack it up. But, there's also then lots of problems with actually transporting it from place A to B. Margaret 05:40 One of the things...Okay, I was reading a list too. And I came up with this clever segue. So I'll just draw too much attention to the fact that I planned this ahead of time. One of the things that there's a supply chain shortages of, I was like, looking through this list, and one of them was garage doors. And that's not something that I think about on a regular basis. I just don't think about whether or not I could go down to the store and buy a garage door today. Right? But it has all of these like, cascading effects. And like, I don't know, you all were having this interesting conversation that I'm trying to trick you into having, again, about housing and the ability to construct homes and all that shit. Casandra 06:21 Oh, I thought you were referencing the conversation about how I actually need a new garage door. And I was like, "Oh, I don't think that's useful. I don't think that's useful on this podcast, Margaret." Margaret 06:30 I was just gonna embarrassingly admit that I have two garage doors, because I live rurally and there's multiple garages on the property. So, I just feel like I'm kind of like, you know, I'm stealing doors. Casandra 06:44 Rich in doors! Brooke 06:46 Well, I mean, technically, Cassandra and I also both have two garage doors, because we have two car bays in our garage and each has a separate door. So we are all two garage door people. Casandra 06:57 Door Priviliege. Door Privilege. Yeah, no, what you actually asked me about was much more useful. Margaret 07:02 Okay. Casandra 07:06 Brooke, please help. Brooke 07:09 Yeah, well, I feel like it came up, because you know Cassandra, you are renting your current house and would love to buy it and have wanted to buy it for a while. And so, you and I keep having these conversations about everything going on with the housing market. Margaret 07:27 So let's talk about that. Casandra 07:28 Right before Covid, it seemed like a good time to buy a house. And then six months later, it seemed awful. And it seems like it's just getting worse. Brooke 07:38 Yeah, that's super accurate. And for just a whole bunch of different reasons. I mean, housing has been overpriced for a while and has gotten just exponentially more so. The cost of housing is outrageous. But then the bigger kicker in the last year is interest rates on mortgages have doubled. So you know, they went from a place where they were at like 3 or 4%, which is actually really pretty reasonable. And now they're up between, like closer to 6%, on average, most of the time, which is not a good interest rate. And one of the things that we saw before the fall of the housing market back in '08, was these super high interest rates, you know, 7-8%, or some of the really predatory lending stuff, people will have them at 10-12%. And we're not quite seeing that. But we are seeing with things like the 6,7,8% interest rates right now, which is not good. Margaret 08:33 Does that mean we're heading for similar places as 2008? Like, how does the how do these compare? I feel like you know, a little bit more about this. Brooke 08:39 Yeah, the the underlying factors that are causing our current bubble, are very different from what we saw in 2008. The ultimate outcome will be a lot the same in a housing crash, and people not being able to afford their mortgages and all the ripples through the economy and whatnot. But, the underlying causes are different. One of them is that the inflation has been on the rise. And so mortgages, you know, we tend to think of a mortgage as a thing that we have in order to buy our house. But from a bank's perspective, a mortgage is a commodity, it's a product that they're buying and selling. So anytime you see prices for products on the rise, mortgages are going to be one of those products that become more expensive. Margaret 09:24 How does this affect renters? Like I would guess, sort of maybe rudely that most of our listeners are renters, and, you know, is it like is that just kind of cause rents to go up if the fact that like if if mortgages are getting harder and harder for landlords like... Casandra 09:40 Well, rents are already going up, at least here. I guess I wonder how much that's related, though. Margaret 09:47 No, I don't know. Is it just going up because of inflation? Casandra 09:49 Yeah, i think it's just general inflation. Yeah. Margaret 09:51 Which is interesting, though, right? Because one of the advantages of homeownership, it seems to me is that it's slightly more inflation resistant, because If your interest stays the same as locked in of whatever you bought it at, you know, and so...and the amount you owe, the bank doesn't go up to match interest. So the landlords have any excuse at all for jacking up rents? Because it's not like they're not like their mortgages have gone up, you know, the same amount is as interest. Brooke 10:21 Well, if they're requiring, if they're using the mortgage payment that you're making in order to fund their life that's their source of income is the profit, you renting the house. Then their costs for all of their other goods in life are going up, so they need to make more money off of the thing that pays them, i.e. the renter, Margaret 10:42 It doesn't seem like a good system, the idea that someone can just make money off of someone else's work instead of their own work. That doesn't that doesn't sound right. That sounds like Communism. It doesn't actually sound like Communism. But that is what people claim. Brooke 11:01 It's incredibly problematic. Margaret 11:04 So landlordism, not not a good... Casandra 11:07 Not great. Margaret 11:09 Hot take. Brooke 11:10 I do not stand. I do not stand the landlords. Casandra 11:13 I hope my landlord doesn't listen to this podcast. Brooke 11:17 If he's the kind of person who listens to this podcast, he should just give you your house. Casandra 11:21 It's true. Shout out to my landlord. Margaret 11:23 And if you're a landlord listening to this, sell your houses to your renters at reasonable rates. Casandra 11:32 Right? Margaret 11:32 Or just give them if you can afford it. Brooke 11:35 Yeah, we were talking about the interest rate the other day, Cas, I think you had some good questions about...you had a bunch of good questions the other day that I would love to talk about here on the pod to if you want. Casandra 11:47 Oh shit, I wonder if I can remember what my questions were. The other day, it was a long time ago. Brooke 11:54 Understood. And also, you know the answers, so you're not wondering anymore. Casandra 11:59 Yeah. Or I just got confused and forgot, which is also possible. Margaret 12:05 That's what I would have done if someone explained many things to me. Casandra 12:08 Yeah, that's generally what my brain does as well. That's why Brooke's here. Thank you, Brooke! Brooke 12:13 Sorry, I guess we should have done in the introduction why I'm relevant too. Margaret 12:19 Yeah, okay. Well, so like, so folks who've listened, if you've listened before, you've probably met me. You might have met Casandra. Casandra has been on a few more times recently. Brooke, who are you? Brooke 12:35 I am a baby anarchist with the pronouns "she" and "her", living in Oregon, relatively near to Casandra. And I have a background in economics and accounting, because before I was an anarchist, I was a capitalist. I'm sorry. And I thought that capitalism was good and fine. And I did a whole lot of time studying and learning about it. And now I like to use all of that knowledge and understanding to talk about how bad capitalism is. Margaret 13:09 I mean, the person who did the most work researching capitalism was Karl Marx. Like, as far as I understand, like, a lot of capitalists were like, "Ah, yeah, that that's what we're doing," you know, after he like, actually wrote down how capitalism works. Just had different takes about whether it was good or bad. So, you know, I dunno. Yeah, so, so we've been talking about...and Brooke is part of Strangers In A Tangled Wilderness, the publishing collective that puts out this podcast as well as other good things, like a podcast with it's the name Strangers In A Tangled Wilderness that you can listen to also. And so we just, we've been having a lot of conversations amongst ourselves about like, "Well, what the fuck we going to do as people as all this crisis happens?" And then we were like, "Oh, right, we should, we should talk about this stuff more." So... Casandra 14:02 l remember. Margaret 14:04 Great. Casandra 14:06 Thanks for that, giving me time to remember. So, I asked about your interest rates. The last time they were this high was 1984. And theoretically they're hiking up interest rates to help deal with inflation, which doesn't make sense to me. But Brooke, you had you understood that? Brooke 14:33 Yeah, because when you mentioned the thing about the interest rates, I was like, "Wellllll, not actually." Because the interest rate that we hear about a lot in the news is the Federal Funds rate, which is set by the Federal Reserve, which is the National Bank that we have in our system. It's basically the bank that our banks use, so all of your US banks and Chases and all of that, they bank at the Federal Reserve. And that's the interest rate that we're talking about is the Federal Reserve's rate that they pay to banks to store money with them. So you're a bank, and you are legally required to have a certain amount of your cash saved at the Federal Bank. It's like 10% of your holdings have to be there. And then the government says, "Thanks for letting us sit around and hold on your money, here's some interest." And to incentivize banks to save more of their money, they've raised that interest rate. So that's the one that you've heard about that's higher than it's been since 1984. Margaret 15:39 Oh, interesting. Brooke 15:40 And it's not directly tied to the other types of interest rates, like loan interest rates, you know, mortgages and credit cards and cars and stuff. But it definitely influences them, because when you look at it from a bank's perspective, like you walk down to your neighborhood bank, and you want to take out a loan from them, they have the choice to get a certain guaranteed interest rate from the Federal government, which is super secure, they're gonna get their money back, they're gonna get their interest, you know, think safe over there, or to loan you a consumer money and gain interest from you. And they only want to give you money, if they can make more on it than they would by loaning it to the Federal government, especially because you as a consumer might be taking it out for like, a mortgage loan, which is going to be 30 years, let's say, so the banks not going to get their money back for a much longer period of time. Whereas with the Federal government, they can go anytime and say, "Hey, I need some of my money," and get it right then. But you as the consumer, they can't. So, they charge you the consumer higher level of interest. So, whatever the federal interest rate is, the bank is going to then want to set its interest rates that it charges to people higher, so it can make more money. And if you can't afford to pay that higher interest, the bank is like, "Fine, I can load my money to the government, and still make still make money off it." Margaret 17:05 So how does this relate to inflation? How does this relate to everything costing more money now and like, you know, you're saying that they were like, they're doing this to solve it, it sounds like it would make it worse to me, I don't know shit about shit. But... Brooke 17:20 Yeah, so they're trying to make money more valuable. So right now, because inflation is high....Let's say you have $1 in your pocket, and you go buy a banana today, and that banana costs $1. So your dollar equals a banana. Let's say you decide to buy a banana tomorrow, and you still only have $1, but the price of the banana has gone up to $1.10. You no longer have one bananas worth of money, in this situation, Margaret 17:51 92% of a banana or something. Brooke 17:55 It's too high for a banana, but that was the first thing that came to mind. Anyway, so they want to curb that inflation so that tomorrow you can still buy your banana for $1. But in order to do that, they have to make your money more valuable, in a sense. And they do that by removing some of the money that's out there in the world. Casandra 18:18 It's...is it possible I'm an anti-capitalist just because the shit can.... Brooke 18:21 Doesn't make sense? Casandra 18:22 Yeah. Brooke 18:23 Yeah, you have to stop thinking about money, the way that we as normal human beings think about it as like, "I give you this stupid thing and you give me something good and useful." And think about it in terms of a bank that thinks of it as a product. So their money is a product that they can buy and sell and get value for. So when you decrease the amount of a product that's available, what's left becomes more valuable. Casandra 18:48 I'm glad this isn't a visual recording so people can't see my like trying to grasp face. Brooke 18:53 This is very helpful to me to know whether or not I am making any fucking sense at all. Casandra 18:59 I'm sure you're making sense. I just...yeah, my brain shuts down when I think of all this stuff, which is why I'm glad you're here. Margaret 19:07 Yeah, and it's like, I want to understand this stuff, but I've also have a little bit of a like, yeah, part of why I'm anti capitalist is I'm like, "This just seems needlessly complicated." And then I'm like, but then I turned around, and I'm like, "Okay, so a federated model, where you have all of these different autonomous groups, and the spokes go to this other thing. And then those make decisions by consensus, except in some cases where they use majority vote, except people have a block, but then as it goes to this other level, and then this is the way they communicate." And so then I'm like, okay, I'm not actually afraid of complicated organizational structures. Casandra 19:45 But that's...Complicated is different than bureaucratic, you know? Margaret 19:49 Okay. Okay. Brooke 19:50 Yeah. I find myself living in this weird place of like, all of this is just ridiculous and unnecessary and most really bad. But also, this is how the thing works, and I'm a pretty big opponent and like, understanding how the thing works, especially when you want to dismantle the system, Margaret 20:11 Yeah. No, and like, I actually just want to appreciate you and people like you, you know, I remember I had a conversation with someone once recently, or they're like, "Oh, I don't think the anarchists would like me. I like spreadsheets too much." And I'm like, "No, we need you.... Casandra 20:25 We love you! Casandra 20:25 We need you more than we need other people." Brooke 20:28 Yeah. For the listeners at home, every time the word "spreadsheet" comes up in the Strangers' group discussions for work, I'm always like, "Me! Me?, do I get to do it? Can I have a spreadsheet?" Margaret 20:39 Whereas I'm like, I've been doing it? And I'm like, I don't know, I'm just beating my head against these things. Casandra 20:47 Well Brooke, you mentioned wanting to understand like, how, how things work. And I'm wondering, so we talked about that the fact that there is inflation, but I'm wondering what the factors are contributing to that, like, why it's continuing to go up at such a rapid rate, because we haven't really... Brooke 21:08 inflation? Casandra 21:09 Yeah. Brooke 21:09 Why it's gone up so much? Casandra 21:11 Yeah. Brooke 21:11 Inflation is a complicated beast. We know that a portion of it is just straight up corporate greed and fucking capitalism being capitalism, you know, of companies saying, "Oh, we can, we can raise prices and have great profits. And people will just like, do that, and we get more money? Yay!" So, and because it's happening in real time, there's not like great data to say, "Oh, half of the reason of inflation..." or whatever, like, we don't know exactly how much that specific action is contributing to it. But it's some large portion of inflation is just because companies are awful greedy, terrible. But, a couple of other factors that are leading into it are fuel prices, like everything in the world is basically affected by fuel prices to move things from A to B, and the creation of so many things, you know, incorporate some amount of petroleum. And...there was a third thing that just fell in my brain. But that actual cost is on the rise. So like it is more expensive to create products. So, that's contributing to it. And then also, the shortages in the supply chain, like we were just talking about that anytime there's less of something, it becomes more valuable. So like, how you see price gouging, when there's an emergency, you know, like, like, if the city's water shuts off, suddenly bottled water becomes more expensive. It's because there's less of it, then they can start to charge more, because people who will afford it can still buy it, and people who can't, then too bad for that. And again, it's all just because capitalism is evil and bad. Margaret 22:57 So, in terms of like solutions, one of the things we talk about when wee want to talk about all the bad stuff and then we want to talk about what people can do, at least as individuals and communities to combat it. Right? And like, and I'll say that for my own sake, and I don't know that this is actually a you know, I actually, I've talked to some of my friends who actually work in finance, and they're a little bit like, "That's not what I would have first thought of," but that's...I guess that makes some sense. You know, one of the things I've been thinking about, right is like, I don't know, like, if you can get in things that hold value, right? You know, this is in the sort of traditional prepper sense, this is where you like run out and buy gold, right? Not because gold is an investment, it doesn't become necessarily more valuable, but it because it like, is more likely to hold its value as inflation goes up. But I would argue the same is true of hard liquor, which does not go bad. I don't even drink hard liquor, but I have a bunch of it.Ammunition. Eh Eh? Okay, this is gonna be where everyone's giving me the "We let this wingnut prepper on." But ammunition does go up and down in value. But overall, I will argue that it will stay valuable and therefore continue to hold its value against inflation. And then also like, this is where my financial friends get really mad at me. I'm like, "Basically like spend it if you've got it," because like, because money is becoming less and less valuable. So like, cash in your pocket is just losing money when it stays in your pocket. Its value goes down every day, you get fewer and fewer bananas. Brooke 24:32 Bananas. Margaret 24:32 Yeah, you have fewer bananas every day. The longer that you hold on to it. Casandra 24:36 This is making me hungry. Margaret 24:38 Yeah, I kind of want a banana. I need to go to the grocery store. But okay, so this is like for example, this is like why I'm like, "Alright, well fuck it," like, get tools. Get stuff if you can, right? Obviously, this is like kind of annoying advice for anyone who I mean like right now I think most of the money issue that people have right now is not having enough money for their basic necessities that they meet on a regular basis. But even like, like I was like, I don't know, as I try to explain someone to be like, Alright, look, if you're going to go out if you're going to spend X amount of money on canned chili over the next three months, buying it now, instead of later, if you can afford it will literally get you more chili, because the prices of everything are just going to go up. And so as you're able to fucking cans of chili are better than cash right now is my my claim, especially the good vegan chili with the little TVP in it. Brooke 25:39 Yeah, if you've got a spare dollar in your pocket today, it's going to be less valuable tomorrow. It's going to be less valuable the day after that. It's just going to keep getting less valuable as long as we're in this cycle of this high inflation. So as much as I tend to be like a saver, it does make more sense at the moment to go buy things preferably things that are like durable, useful, and will last then to... Casandra 26:08 That's still saving. Brooke 26:10 Yeah Margaret 26:11 Yeah, you're just transferring the value into a different form. Brooke 26:14 Yeah, buy some seeds. Casandra 26:15 [At the same time] My favorite form is seeds. Yeah, that's my preferred one. Margaret 26:19 Yeah. Brooke 26:20 How To books. Casandra 26:22 Like oh, I just got I got all my spring seeds for next year. Brooke 26:25 Oh, wow. Casandra 26:25 Well, yeah, just last week, because I knew they'd be way more expensive next year, and they're just in the fridge in plastic bags. Waiting. Brooke 26:34 Very smart. That's a genuinely a good investment, especially given the food supply shortages that we've got going on right now. Casandra 26:43 Yeah, what a good segue Margaret 26:44 [At that same time] What a good segue.[Everyone laughing] Hope you all like this new format of friends chatting. We'll work on it. Casandra 26:56 We're doing great! Brooke 26:57 Yeah, no, it's gonna be exactly this great every time. Margaret 27:02 Food shortages. What do you mean food shortages? That sounds like a bunch of wing nut talk. Casandra 27:11 There are no food shortages. Brooke 27:13 There's no such thing as food. Buy guns. Casandra 27:20 Eat ammo. Brooke 27:22 That's exactly what I was thinking when you said ammo and gold and I was like that's good. Those are things you can eat. We'll be fine. Margaret 27:29 Yeah, yeah. [Everyone laughing] Casandra 27:30 I think there's something to be said about the fact that you and I both have kids, Brooke. So, when I'm like oh...You know if I have 20 extra bucks, what am I putting it into? It's like it's food. Margaret 27:41 It's not whiskey? Brooke 27:45 Pretty much all the time or the next size of clothing for my child that doesn't stop growing. But But yeah, food shortages. So, that's like a really interesting and again very complicated topic. So, I work part time for a local farm as well. And here in Oregon, our spring was especially wet like it's it's...Oregeon is a fairly wet place and we get a fair amount of rain in the spring, but it was like a lot more than usual. And it stayed cold for longer. So this farm, which usually opens up the first week of June and starts selling produce had to delay by a week its start date, because there just was there weren't crops and then they're battling larger infestations of problems and new and different ones so they've had funguses, and mold, and bugs, different kinds of bugs, and greater quantity of bugs attacking their crops, and they've been sending like... Margaret 28:44 Larger bugs. Brooke 28:44 Yeah. Casandra 28:45 Yeah, the pest have gone wild up here. Margaret 28:46 Like bugs the size of cars. Brooke 28:48 Yes. Yeah, they've been sending almost weekly samples to the state, the Oregon State Extension office which is our...they do a bunch of farming program things anyway they... Casandra 29:01 OSU? Brooke 29:02 Yeah, OSU. A lot of states have extension services from their state university, anyway that that analyze like "What is this blight? What is this fungus? Why is this thing turning yellow? Why...what is causing this?" So they... Margaret 29:17 What is this language it's speaking to me and why are its eyes rotating sideways from its head. Brooke 29:22 Yeah, they test for that kind of thing too. E.T. For sure. You know, they would usually send maybe a couple of samples in a season and they've had to send like almost weekly samples for two or three months and then you know devising on the fly--because organic farm, you know, safe organic practices to combat these things. And it's, you know, required a lot of extra time and investment and attention to the farm and the crops that are going in it just to to get a healthy crop out of it. Casandra 29:56 And we're not even experiencing you know, the heat wave here that they're experiencing what, like Western Europe right now. Margaret 30:05 Yeah. And parts of the southern and central United States also. But like. Casandra 30:10 Yeah, and North Africa. Margaret 30:12 Yeah. Casandra 30:13 I was reading that in Portugal. It's so hot that farm equipment is setting dried crops on fire as they're like trying to harvest things. Brooke 30:25 Oh, wow. Casandra 30:26 Like things are that hot and dry. Growing food is becoming more difficult. That seems to be the moral of the story. Margaret 30:36 Well fortunately, I believe the biggest breadbasket of the world, or at least of Europe, is doing just fine and isn't currently being invaded by a megalomaniac, and certainly huge chunks of what's left aren't supporting someone who would invade such a place, so....Or, as I doubt this is news to anyone who is listening, but maybe it is, you know, the the war in Ukraine is fucking up well will fuck up remarkably, the harvest in Ukraine of wheat, and I believe, like it's them in the US maybe are the biggest exporters of wheat in the world. I should have looked up my actual.. I'm learning so much about how I'm gonna do this next time. Casandra 31:22 I was just reading percentages, and they fell out of my brain, but it's big. Brooke 31:27 The combination of Ukraine and Russia and it's mostly Ukraine on this, they provide 12% of the world's wheat supply. Or to put it in other terms, Ukraine's wheat feeds 400 million people a year. So like, the for scale, the population of the US, like one year's worth of wheat. So yeah, it's, it's a lot. And they're basically going to have essentially zero harvest coming out of Ukraine this year in terms of wheat. Casandra 32:01 And it's not just like not having flour on the shelf, but if you're a meat eater, you know, grain fed, grain finished...My brain just died. Brooke 32:15 Animal feed. Casandra 32:16 Thank you. Fuel and animal feed. Brooke 32:20 Cows in particular, yeah, all the little things that the grain goes into, yeah, it's very bad. And, you know, we in the US might not experience as much of that being a wealthy country that's more insulated. Like one of the readings I was doing was talking about how, of course, Africa will be one of the most impacted continents by all of this because it has the highest rate of imports of food from other places, because so much of its inhospitable to growing or growing large quantities of food. And they often get the short end of the stick when there's global supply chain issues. Margaret 32:56 And it's not just the US' position as wealthy. It's that we grow...I think I, I think we're the largest exporter of food in the world, I again, really have learned so much about the kind of stuff I'm going to look up before I start recording next time. Brooke 33:12 Yeah, California, grows like some percentage of the entire world's...just California State of California alone grows an appreciable percent of the world's food supply. Margaret 33:25 Not to just drive home the animal agriculture point, but wow, it sure takes so much more grain to feed a cow to then turn around to feed a person than to just feed the grain to the person. Whooa! Anyway, if I'm gonna get accused of propaganda. Casandra 33:44 But Margaret, I can't eat grain. Margaret 33:46 Yeah, no, I know. That's actually why I don't believe in, everyone should do X. There's very few things I would say everyone should do, and that certainly, certainly applies to diet more than almost anything else. People should do, what they need and what their bodies want. And also what their, you know, local environment sustains most effectively and all those things. Casandra 34:14 I was listening to a podcast yesterday about food shortages that I'm going to forget the name of now. Brooke 34:19 There are other podcasts? Casandra 34:21 There are other podcasts like this? Wild. Margaret 34:24 Cool People Who Do Cool Stuff? Casandra 34:26 No, it wasn't that one, I'm sorry, Margaret. Margaret 34:28 Wait, there's a third podcast? Strangers In A Tangled Wilderness? Casandra 34:33 Is it Behind The Bastards? Is that the? Margaret 34:35 Oh, yeah, I guess they do technically... Brooke 34:37 Are they still allowed to have a podcast? I thought we shut that down. Casandra 34:42 Anyway, Margaret 34:44 So you can't start with another podcast because it takes too much grain. Casandra 34:49 Noooo! Brooke 34:52 That's the title of this episode now. Margaret 34:57 It's called interrupting Casandra. That's the name of the podcast. Brooke 35:01 I love you, Casandra. I'm sorry. Casandra 35:03 You guys, my brain can't hold a thought for that long. Brooke 35:06 Understood. Casandra 35:08 Okay, so I was listening to this, what I would call like a progressive podcast. And I'm usually really annoyed with the like, "We can solve climate change and world hunger by eating locally." But when we're talking about, you know, International food shortage crises, that does seem like one of the more manageable solutions. And we were talking in the chat prior to this episode noticing that I feel really grateful for my CSA share this summer. Because I paid for it, you know, months ago, which means that, you know, if we're going back to the banana analogy, Margaret 35:52 The value hold on. Brooke 35:53 I mean, that is very accurate. You know, we've got, we've got eggs included in the CSA that I work on. And, you know, we do a small markup on that just to cover all the logistics of getting the eggs from the egg supplier. But she had to raise prices at the start of the season. And we'll probably have to raise them again, like in the fall. But if you signed up for the CSA, and that included eggs in your particular box, your price gets to be set, right where it is. Casandra 36:26 Yeah, it's hard, though, right, because especially when we're talking about prepping like one of...I get annoyed with prepping conversations, because oftentimes, people either don't have the space to store large quantities of things or the money to buy things in bulk. And I would consider paying for a CSA ahead of time buying a thing in bulk, or similar, you know, similar impact. And it's hard because a lot of people can't do that. Like, I was hurting for a few months, because the payment came out. I was like, "Oh, yeah, that thing I said I'd pay for." I'm glad I did it. But... Margaret 37:06 Okay, but. [Brooke interupts] Go ahead....Okay, so there is a community solution to this, though. So you can't eat ammunition. But if you have enough ammunition and friends....This thing that happened in history, that should never happen again, because it was violent, during the Spanish Civil War, people collectivized all the farms. Brooke 37:32 Wrong podcast. Wrong podcast. Margaret 37:34 No, but see, see, this is... Casandra 37:36 Did they do it with dinosaurs? Margaret 37:39 I've heard that dinosaurs were involved. They...I at least read one story about that. But, you know, it...I means it's funny to me, right? Because it's like, on some level, okay, so individual solutions are complicated, because they involve certain types of resources. A lot of community solutions are good. And they're working to set up different kinds of like small scale agriculture that you can do within a community and mutual aid organizations that can take care of people and help fill in some holes and different people's, like, dietary needs and stuff like that. But it's like, it's so frustrating, because honestly, like, like, a lot of the solutions to these problems are destroy the existing infrastructure and build an infrastructure, well, not even the infrastructure, the systems that control the current infrastructure, and enter them into a more reasonable and equitable method of distribution. But obviously that has some risks associated with it. So I don't know, I guess, I guess sometimes I get like, frustrated, because it's like, you know, we're all like, kind of trying to be like, "Okay, how do we deal with these issues in this issue," and it's like, and we should figure out how to do it on these, like, smaller scales, but it's like, so frustrating because I think so many people like, kind of have a sense of like, what the grander solution is, and just don't know how to fucking do it. Casandra 39:01 Yep. Margaret 39:01 Including me, I don't know how to do it. Although in 1936...Anyway. Casandra 39:07 Were you gonna say something, Brooke? Brooke 39:10 One way to help solve the problem of food supplies in a very small way, amongst you and your friends: We grow things more efficiently when we focus on growing one thing at a time. So we've talked about on the pod growing, starting a garden, even a single container on your balcony kind of thing. But ,if you have a friend or a couple of friends that can also do a little gardening, maybe talking amongst yourselves and have each of you grow a specific thing or a couple of specific things. And they have each of the three of you be different. And that way you can focus on doing a good job of growing a couple of things. And they can do a good job growing their couple of things and then you can exchange the produce as it starts to ripen because it'll be more than you want. Casandra 40:01 I like that. When you said one thing my brain was like, "But polyculture!?" Brooke 40:06 Yeah, sorry, I'm thinking of like, if I can get everyone on my street to, you know, grow something in their backyard, and we all had one different crop, you know, just this whole weird place that my brain goes to that would be beautiful. But the other thing about the the food shortages, the crop growing problems, and all of that that I wanted to point out is how much this is an immediate future problem. Like, right now we're having all of these problems growing things and creating the food. And what we're eating for a lot of the part is if you're eating dry foods, packaged foods and stuff that was grown maybe last year in a previous growing season. So where we're going to start to see this pinch, even worse is going to be later this year and into next year, when we're going to buy things that were grown in a previous season. Except they weren't, because Ukraine didn't export any grain or because all of the black bean crops failed, or what have you. So it's going to get worse very soon, because of that kind of problem. Margaret 41:15 Yay. Yeah. Brooke 41:20 Thinking about growing a thing, like right now before that problem really hits home, and then you'll suddenly have some food growing on your back porch, or whatever. Casandra 41:29 That also makes me grateful for...this is probably an option in other areas, not just where we are, but Brooke and I are part of a co op. And we can purchase things through companies at wholesale prices. So like, I just put in an order for like 10 pounds of salt and 25 pounds of beans and, you know, makes me grateful for options like that. Brooke 41:59 Yeah, bulk buying. Margaret 42:02 And that's like, kind of the origins of food co ops, as far as I understand it is that, you know, now we have this conception. And I feel like most people are like, "Why would a food co-op be cheaper food co-ops are more expensive, because like food co-op is like practically just like, a way of saying super bougie independent grocery store with natural food. And the origin of food cooperatives is basically people pulling together and saying like, well, "We want to buy a bunch of food. So let's act like we're a store and go to the distributor, and put in orders together." And those do still exist in various places. And also, not everything that call itself a food Co-Op is just bougie and shitty and like, some of them are very good. Brooke 42:44 I would say ours isnt...wasn't. At least that's from my very biased perspective. Margaret 42:50 Wasn't good or wasn't bad? Brooke 42:52 Wasn't bougie wasn't bougie. Margaret 42:54 Ah.Yeah. Brooke 42:56 Can I go back to Casandra, you mentioned, the heatwave stuff happening in Europe and crops catching on fire. I had read last week about this heatwave that was coming in Europe and some of the problems they anticipated having but I have not had time this week to like catch up on what actually happened. And I think both of you guys have been paying more attention to that news. And I'm curious if you want to enlighten me and perhaps our listeners about the actual effects of that heatwave in addition to farming equipment catching crops on fire. Which is bad. Casandra 43:29 Part of a glacier collapsed in Italy. Margaret 43:34 They still have glaciers there? Casandra 43:36 Apparently. Margaret 43:38 You ever get depressed, you ever go to Glacier National Park and just been sad, because you're like, it's just full of signs that are like, "There used to be a glacier here." and you're like, "This sucks." Brooke 43:48 That would be depressing. Margaret 43:49 It's really beautiful. Anyways. Brooke 43:51 What is what does it mean, the glacier collapsed, like a portion fell over? Casandra 43:55 Like an avalanche, like a portion of this glacier collapsed and it killed 11 people, but it's just also a testament to how hot it was. Iran was like 126 degrees. Casandra 43:59 There was something about the railways, the rail lines that so was having problems. Margaret 44:17 Yeah. So, TERF Island is this island off of the coast of Europe. That is ruled by, it's still a monarchy, and it's ruled by J.K. Rowling, Queen of the TERFS. But unfortunately, most of her subjects actually wish they didn't live on a place called TERF Island, and wish that they could go back to just being embarrassed about having colonized most of the world. That's also worth being embarrassed about anyway, yeah, England, TERF Island, is pretty fuck right now, and I mean, the same as the rest of Europe, right. But, England is normally a dreary, overcast place and that's why everyone has turned their head against so many people. And so they are...And so their their rail infrastructure is designed, you can build railways for cold, and you can build railways for heat, but it's like actually kind of hard to build railways for both. Because you have these, like, long chunks of steel, these rails, right, and they warp. And as people want to go faster and quieter, they are now continuous rails that are welded into like one continuous thing. Which means that when they distort in the heat or contract in the cold or whatever, it's a bigger issue, right? So, their rail system, at least as we record right now is just like fucked. And like, a lot of the rails aren't running or if they are running, they're running really slowly to not, like, I believe, cause additional heat and cause additional problems. I actually don't remember exactly why going slowly is the solution to this. But it's like such as like a clear example....And then they're having this thing where, and I'm sure this happens everywhere. But they're particularly good at being like, cozy during crisis that's like part of the national character as far as I can tell. And so they're like, "Oh, this isn't a big deal." And like, they had this heatwave in 1976. And so they're all like, "Oh, this is just like 1976." But and 1976 was bad, right? But there hasn't been like more and more heat more and more times, right? That was a little bit of an outlier year. Whereas they're constantly breaking all these records. And it's just, it's fucking everything up. And I hate...I want...I sort of hate that I know more about this than I know about some of the stuff that's going on in Iran, or I know that very recently, India has had really massive heat waves that have caused a lot of problems. I know... Casandra 46:35 China. Margaret 46:36 Yeah. Yeah. And, but there's this sort of like, I don't know, at least by the way, people are talking about it who are not in England. I almost feel like there's this like, Oh, thank god if this happens to the English and to the white Americans, like maybe something will start happening. And because like just seen as like these like centers of power or whatever, but people are very resistant to actually believing anything's wrong. But it's really obviously something wrong. Casandra 47:06 Oh my gosh. But, you know what people are willing to believe is wrong? Margaret 47:12 What? Casandra 47:14 People are willing to believe that our globalist overlords at CERN have shifted our dimension multiple times and opened a gateway to Hell, and summonned Satan. And that's why everything's bad. Margaret 47:33 Please Explain. Casandra 47:34 It can't be climate change, it has to be a Stranger Things portal...run by the Jews. Margaret 47:43 I was about to ask if the Jews were involved. I thought you all were busy with the space laser. Casandra 47:48 Always. God, if only we had an actualy space laser. Margaret 47:53 I know! You all multitask so well, like you're busy running the space laser. I mean, I guess thats.. Casandra 47:59 It's because we rest one whole day a week that we have all this energy. Brooke 48:02 Hey, wait a minute, Mormons do too, but we do not have space lasers. So.... Casandra 48:07 You have like alien and tablets and shit. Margaret 48:08 Yeah, Catholics don't rest. Wait, so please explain more. So there. Okay. So CERN is the the miniature black hole creator, right. [Brooke and Casandra laugh skeptically] Wait, at that point. I thought I wasn't even lying. I thought that was what it does. Like it investigates...Am I wrong? Casandra 48:29 It's, it's.... Brooke 48:31 It's a particle accelerator. Margaret 48:32 Yeeah Casandra 48:33 No, it's not. It's a group. It's a group. CERN isn't even the thing itself. CERN is the like group that does the research. Margaret 48:39 Oh, like the Zionist Cabal or whatever. Casandra 48:44 Yeah, and it's been around since the 50s and they do like particle physics shit that I don't understand. You know, finding new particles, researching antimatter, potentially creating mini black holes, apparently. Margaret 49:00 Do you think antimatter gets mad at regular matter? Like kind of like an Antifa versus FA kind of thing? Brooke 49:08 Well, matter wins over antimatter. So I mean, it can get mad all it wants. It loses the battle. Casandra 49:13 So they're trying to find, you know, proof of like the Big Bang and doing all these....But then, so it's been around for a long time. It's been around since the 50s I think. But, I want to say the facility, the particle collider...this is gonna be the funniest explanation because none of us understand it fully. But, apparently the facility is like 17 miles wide, and most of its underground and it looks very like you know, Stranger Things, Sci Fi, space AG. Brooke 49:52 It's that wide because it's a giant metal circle. So it's not actually like taking up 17 miles, but like you're able to go from one end of this metal tube to the other like it is that far apart. Margaret 50:03 Yeah, it's like a roller derby rink. Brooke 50:07 Yeah, more or less. Margaret 50:10 Or it will be. Casandra 50:10 Yeah, so all these conspiracy theorists for years now I think particularly since 2012, have decided that the reason things continue to be bad is that...there are multiple theories, but one is that the world actually ended in 2012. Another is that each time they turn on this particle collider, we like shift timelines. So that's happened in like, 2012, 2016. And then just this last July 5, apparently. It's just fascinating to me, the lengths people will go to to explain bad shit happening rather than just like, accepting climate change. Margaret 50:53 Yeah. Casandra 50:54 Or like, pausing to understand capitalism and its function. And it's like, "Nope, it's gotta be a black hole to Satan." Brooke 51:03 This is especially funny to me, because the, the collider literally takes like, the like, the tiniest little bits of matter. Like it tries to get down to like a single atom, and then sends it through this giant tube to smash into each other. And I'm like, Yeah, so you're telling me that like, two oxygen molecules smashing into each other, is what's opening multiple timelines? Casandra 51:29 And it's stuff that's like, only comprehensible and interesting to physicists, as far as I can understand. Like, if you look at their list of achievements, none of that makes sense to a normal human being. You know? Margaret 51:45 I kind of like some of that stuff. But I read a lot of science fiction. Casandra 51:49 Yeah, I have an ex who's like, really into both space and physics, and is really fascinated by some of the work they've done. But yeah, it doesn't make sense to me at all. And it doesn't make sense to the conspiracy theorists either. Brooke 52:07 Okay, so we're running out of food. Europe's on fire. Casandra 52:13 Not just Europe, apparently North Africa, China, India, the southern United States, Brooke 52:18 Most of the world in the last two years has burned down in one way or another. We're opening black hole portals. No one can buy a house. Casandra 52:27 What's that, Margaret? Margaret 52:29 Oh, just always the wrong parts of it are burning down. Casandra 52:32 Right Margaret 52:33 I mean, well with the exception of the Third Precinct. Brooke 52:35 Yes. Margaret 52:36 Notable. Notable Exception. Casandra 52:39 We're still figuring out how to aim the space laser. Margaret 52:44 Okay, okay. So it was actually you all. It wasn't actually Dark Biden. Casandra 52:48 Oh, no. Marjorie Taylor Greene blamed the wildfires. Margaret 52:52 On the space lasers? Casandra 52:53 That's how the spacel laser thing started. Margaret 52:55 Oh, my God. Really? Why would you burn down the forest? Is her claim that you all don't know how to aim it? Casandra 53:06 Let me find this was... Margaret 53:08 What is your [Marjorie's] rationale for why the Jews have decided to start forest fires? It it seems to me that even if I....There are other targets that I could imagine, as an anti-semitic conspiracy theorist that I would imagine that the Jews would point the space laser at. Casandra 53:26 Right? Let me try to...let me see if I can find the exact tweet because it was really funny. Oh, all I can find is spoof tweets in my quick search. Brooke 53:35 I feel bad for you having to read through Marjorie Taylor Green's tweets right now. That's a punishment you do not deserve. Casandra 53:42 The like wingnut anti-Semites kind of crack me up. I don't know why she would blame it on that. I have no idea. It's... Casandra 53:49 I mean, Q'anon ties into the whole thing. Margaret 53:50 Well, let's come up with it. Margaret 53:51 Oh, yeah. Brooke 53:53 Casandra, do your people hate forests? Casandra 53:57 Forests? Brooke 53:58 Yes. Casandra 53:59 No, of course not. We actually have a whole holiday dedicated to trees. Margaret 54:05 Whoa, that's cool. Casandra 54:06 Tu BiShvat. We liked the trees. Margaret 54:15 Well, maybe you are trying to....No, I don't even want to. I'm trying to come up with anti-semetic conspiracy theorists. But I don't want to do it. I can't do it. Brooke 54:25 Here's a news thing that we didn't talk about in our briefing. And I don't know if we care to right now. But, are y'all paying any attention to the whole January 6th committee things? They just had one last night. Margaret 54:36 Yeah, a little bit. Casandra 54:37 No, I didn't read about last night. Brooke 54:40 I am mostly not paying attention as well, except that I see these tweets of people being like, "Oh my gosh, did you know blah, blah, blah." And most of it's like all along I feel like yeah, that's been reported on already. We already knew about that. Why is this news? Margaret 54:54 That's kind of how I feel about it. I like maybe maybe it's not fair. Bu,t I kind of just say this political theater at this point like we we all know what they did. We watched it. And we all know what their organizations look like. Anti-fascists have done the infiltration work and released all of the...like everything anyone has ever said to each other that's a fascist in the United States has been released by anti-fascists, not the government. And so in some ways, I'm a little bit like...and maybe it's not right, maybe, maybe I should care more about it. But in my mind, I'm a little bit like, I've moved on to the next news cycle issue in my head, and it feels like kind of like...remember how we were like waiting forever for them to impeach Trump? And they're like, "We swear we're going to impeach Trump soon." And I'm like, is this whole thing just a way for The Washington Post to sell newspapers? And that's more...again, more than is fair, how I how I feel a little bit about January, 6th, it's just like, Okay, y'all found something that you can milk for? I don't know.... Casandra 56:05 I mean the too little too late sort of encapsulates our response to most things, right. Margaret 56:12 Yeah. Casandra 56:12 Whether it's climate change or insurrection. Brooke 56:15 Now the one good thing that did that did come out of last night's was little video of Senator Josh Hawley running away from the rioters. And then all the people on Twitter who use that little video and set it to various pieces of music. Casandra 56:33 Finding moments of joy. Margaret 56:35 He's the guy who supported....he's the guy who was supporting them beforehand, right? Brooke 56:40 Yeah, he's the one with like the really well known fist raised in support picture rightbefore they started destroying everything. Margaret 56:47 I never thought that the leopards eating people's faces party would eat my face...Well, does that seem like a decent spot to end it for July? Nothing bad can happen in the next week.There's gonna be like at least a.... Casandra 57:06 I think we wanted to give people more hope you know, like more tools, or ideas? Or even just like... Margaret 57:16 Oh, right. Buy whiskey. Build a bunker. Hole up Brooke 57:19 Tanks are bad. Casandra 57:20 If you live in wildfire country like we do those plastic windows... Brooke 57:26 Blame the Jews. Casandra 57:27 Blame the Jews. We can say that because I'm a Jew. I want to make that really clear. Before we put this podcast out. No, buy those plastic windows sealer kits and fresh filters for your air filters. Margaret 57:45 Yeah, do it before they're needed. That's part of the supply chain stuff. Brooke 57:50 Plant a zucchini, Casandra 57:51 Planted zucchini with your neighbors and trade them with each other. Margaret 57:57 What if everyone just grows zucchini? Casandra 58:00 Zucchini's really versatile. You know. Brooke 58:01 Zucchini and potatoes. Margaret 58:02 That was the main thing that my mom grew. My mom grew mostly zucchini. And so it was just like nothing, nothing, nothing and then everything is made out of zucchini for like two weeks. And I actually loved it because we ate so much zucchini bread and it was so good. Casandra 58:17 Yeah. Brooke 58:18 They're relatively easy, like if you haven't gardened before and you need something to garden that'll make you feel really good and successful. Like they're easier to grow you know a little harder to kill than, and then when they start producing like you get these big zucchinis and like if you completely ignore them, you can get these like just monstrous beasts and it's just really satisfying to grow zucchini. Casandra 58:41 I never grow zucchini because I always have friends who grow zucchini and have too much. Brooke 58:45 Yes. As zucchini does. Casandra 58:49 Anyway. Brooke 58:50 Grow zucchini. Margaret 58:52 This podcast is brought to you by zucchini. Okay, what's another hopeful? Don't rush out and buy a garage door right now if you can avoid it. Turn your basement fear into a kiddie pool full of kibble. Casandra 59:15 If your garage door privileged you can just like revel in that. Margaret 59:18 Yeah. Brooke 59:20 Genuinely you know, pet food is an example of a thing where if you're gonna go if you have some extra money and you're gonna go invest it quote unquote, in something pet food will hold up and your pet will need food. So instead of bananas buy pet food. Margaret 59:34 If you do buy bananas, you have to put them in you have to peel them and put them in the freezer if you want them to last and then you've turned them into smoothies. Casandra 59:43 That's the only good way to eat a banana anyway. Controversial take Brooke 59:48 I do not agree. Margaret 59:50 Yeah, I just...Huh, I thought we I thought we were friends. Casandra 59:58 I just lost to friends. Brooke 1:00:05 I just know not to bring bananas over your house. They won't be safe. Margaret 1:00:09 Well they are safe. Casandra 1:00:09 You can use them perfectly for smoothies and banana bread. How do we end this? Margaret 1:00:21 We we like can do this, right? Like all this like bad shits happening, but like the reason to talk about all this bad shit that's happening is to stare soberly into the face of what's coming. Not so that we like, give up and like, it's not the part in the movie where the "Run there's a monster," and then the monster eats everyone. It's the part where you're standing on the bulwark of the--I watch love fantasy movies--the bulwark of the castle and you look out and there's the gathering storm and the hordes of usually poorly racially designed enemies...is coming...now I just feel bad about using this analogy. I love Lord of the Rings, but i was not... Casandra 1:01:03 The new Lord of the Rings is about to come out. Margaret 1:01:05 Yeah. Casandra 1:01:05 Apparently it's more racially fair and equitable and diverse. Margaret 1:01:09 Yeah. That's good. And I personally more than I probably should think Tolkien would have listened to some of this criticisms since he like, like, when the Nazis came to Tolkien, and were like, "Hey, we love your story, are you Aryan?" and he got really fucking mad. And he was like, they like he was like, "If you're asking if I'm Jewish, I am sad to say that I am not, but fuck all of you forever." So anyway. he's not a perfect man. Casandra 1:01:43 Comrade Tolkien. Margaret 1:01:45 But I think he, I think he meant, well, we all know that intentions are what matters. Okay. So but this is the part of the movie where you're staring out at the, you know, the bad thing is coming, right? And it is a big, bad thing. And we can't just all go back to bed and be like, "Oh, the government will take care of this for us, right?" Because the government is one of the things that's out there gathering and the big fucking mass. Well parts of it, because governments are made out of people. And some parts of it will probably stop being part of the government when bad things happen. But... well like the National Guard like gives food to the like mutual aid groups and like that they're supposed to give to Red Cross, like this has happened sometimes. They're like, "Oh, shit, y'all actually put things where they're supposed to go." And they like help the anarchists instead of the bureaucracies, because they're people. But, we can do this. We can look, we can see what's happening, we can face it, we can communicate with other people about what we're facing. We can work together to get through this. And, and I genuinely believe that and that's why I do this podcast. And that's why my basement is full of kibble. And um... Casandra 1:02:54 We're all gonna come swim in it. Margaret 1:02:55 Yeah, totally. Yeah, it's probably gonna be full of rats by that time, but you know. Margaret 1:03:01 Yeah! Brooke 1:03:01 Rats are food...too. Margaret 1:03:01 I'm like a rat farmer in my basement. That's a turn you never expected from Ol' Margaret. Brooke 1:03:01 Rats need food too. Casandra 1:03:14 Vegan turned rat farmer. Margaret 1:03:17 That's still vegan. Brooke 1:03:21 Okay, so this segment is... Casandra 1:03:24 Devolving. Margaret 1:03:25 Alright. And, so thank you all so much for listening. If you enjoy this podcast, please tell people about it. You can tell people about it on the internet. And you can tell people about it not on the internet. And both of those things are good, because not in person. Because on the internet is good because of algorithms and in person is good because that's a better way to live your life. She said while living alone and on the top of a mountain. And also, if you want to support us more directly, you can do so by sponsoring our Patreon. We are published by Strangers In A Tangled Wilderness, which is a anarchists collective that is dedicated to creating culture and good stuff. Sometimes we do theory, but that's like not our thing. It's like almost like we try and kind of do the other stuff around. And you can support us by following us on Patreon or by supporting us on Patreon patreon.com/strangersinatangledwilderness. If you sponsor us at $10 or more a month, we will send you a zine anywhere in the world for free every month. If you sponsors at all, you'll get access to the digital copy, even before other people get access. I think usually we're good at that. Sometimes. Most of the time. We're still getting our shit together. But there's lots of good content. We have bunch of books coming out. We have another podcast you can check out called Strangers In A Tangled Wilderness, which is the monthly zine, but it is available to everyone and then it also follows with an interview with the Creator talking about their process. It's really good. You should check it out. Do either of you to have anything to plug before I? Casandra 1:04:58 I just got this book in the mail that I did the art for that you might know about. Margaret 1:05:03 Yeah, what is it? Casandra 1:05:06 It's your book. Margaret. Margaret 1:05:07 I have a book? Casandra 1:05:08 Yeah. You have a book coming out. Margaret 1:05:09 Is it called "We Won't Be Here Tomorrow. I have a book of short stories that's coming out called "We Won't Be Here Tomorrow." It comes out September 20. From AK Press, which is a collectively run anarchist publisher, which rules and if you order it now you get art print made by Casandra. Well, drawn by Cassandra. It's probably made by a printer somewhere. The prints part of it anyway, and it illustrates one of my stories and also Casandra did the cover art, and it's really beautiful. So, you should check it out. And in particular, we want to thank some of our Patreon backers. We want to thank Hoss the dog, Chris, Sam, Micaiah, Kirk, Natalie, Eleanor, Jenipher, Staro, Cat J, Chelsea, Dana, David, Nicole, Mikki, Oxalis, Paige, and SJ. Thank you so much for for making this possible. And yeah, I hope you all are doing as well as you can with everything that's going on. Find out more at https://live-like-the-world-is-dying.pinecast.co

Mark looks at the John Tory investigation and his involvement with Rogers Communications....ER students keep emergency rooms afloat in the city....Tom Korski explains how the Federal Bank were misled on a secretive convoy blacklist....And Toronto Police are ticketing cyclists for speeding.

Because of its pivotal role in the American Revolution, Boston became rich in both cultural and scientific aspects. This global city is home to delicious seafood, mesmerizing culture, and colorful traditions. Andy McNeill and Todd Bludworth delve into the heart of Boston with Catherine Allgor, President of the Massachusetts Historical Society, and Michele Gross, Managing Director of The Langham Hotel. Andy and Todd also share their favorite things to visit and do when visiting Boston, from trying out various dishes to seeing historical artifacts that provide a glimpse of the past.Love the show? Subscribe, rate, review, and share! http://americanmeetings.com/podcast

Nach seinem Ausflug zu Netflix kehrt Michael Bay mit einem Heist-Movie zurück in die Kinos. „Ambulance“ erzählt die Geschichte einer Zuspitzung: Bei einem Banküberfall nehmen zwei Brüder einen Cop und eine Sanitäterin als Geiseln und rasen mit ihnen in einem Krankenwagen quer durch Los Angeles. Das knapp 140-minütige Spektakel spielt sich innerhalb weniger Stunden ab, der Film ist eine einzige, wild geschnittene und sehr drohnenlastige Verfolgungsjagd. Michael Bay betont gern, dass seine Filme unpolitisch seien. Aber stimmt das wirklich? Zunächst ist in Zweifel zu ziehen, dass es überhaupt unpolitische Filme gibt. Darüber hinaus aber ist es doch verdächtig, wie in „Ambulance“ nicht nur Polizei und Militär imposant in Szene gesetzt werden, sondern es geht eigentlich um einen genuin sozialen Konflikt. Yahya Abdul-Mateen II spielt einen der beiden Banditen, der die Federal Bank nur überfällt, um seiner Frau die teure und dringend notwendige Operation finanzieren zu können. Während sein diabolischer Bruder, gespielt von Jake Gyllenhaal, einfach bloß davon träumt, sich mit viel Geld in den Süden abzusetzen. Bald zeigt sich, dieser Film ist hochpolitisch, denn einmal mehr stellt Bay unverfroren seine libertäre Ideologie in den Mittelpunkt. Mehr dazu von Wolfgang M. Schmitt in der neuen Filmanalyse.

Jitesh of Federal Bank and John of Riafy join your hosts this week to chat about what it takes to build and maintain a specialized digital banking representative. John starts the show with a history of Riafy, including how he and his co-founders chose this magically-inspired name. Jitesh walks us through Federal Bank's journey to a digitization strategy that started in 1996. With an eye for the future, the bank adopted mobile banking early on, supporting this feature along with international banking and more for 20 plus years. In 2016, Federal Bank started a campaign of research and development to strategize the continuing build-out of digital and mobile banking offerings. These efforts paid off, and now 88% of customer interactions occur in mobile or digital banking. Jitesh details the individual projects that make up their robust digital presence, like their revolutionary mobile banking signup that makes getting started easy. With the help of Riafy, Federal Bank has implemented beneficial tools like Feddy, the AI chat agent who offers 24/7 assistance to online customers. John and Jitesh tell us how Feddy was created to be not only helpful but friendly, acting as a mascot for the bank. We learn how Feddy was engineered, including the planning process for building the AI and how John and his team designed Feddy's training program. With the help of Google solutions like Dialogflow, the team created Feddy quickly and efficiently with a likable personality all his own. Overcoming initial consumer reservations, Federal Bank chose a slow rollout for Feddy. Through research into customer behaviors, Federal Bank planned to start small, keeping him external, and slowly introducing him to more banking areas as customer trust developed. In the future, Riafy and Federal Bank will continue to grow Feddy and foster a trusting relationship between Feddy and customers through advanced conversation, context principles, and more. John and Jitesh offer advice to other companies looking to incorporate AI into their digital platform.

Alderman Daley Thompson allegedly lied on his tax returns and about the mortgage deductions he received from the now shut down Federal Bank for Savings. The defense rested it's case after calling 6 witnesses to the stand. Chicago Tribune Federal Courts Reporter Jason Meisner discusses the case with John Howell.

Indian shares may open in the green on Tuesday amid mixed global peers. The Singapore-based SGX Nifty Futures, an early indicator of Nifty50's performance, indicated a positive start for the domestic market as they rose to 17,010, up 135 points or 0.8 percent, at 7:40 am. Maruti Suzuki India, Cipla, Federal Bank, Macrotech (Lodha), Raymond, AB Sun Life AMC, Hero MotoCorp, Axis Bank, Burger King India will be closely tracked today.

John and Julie start the new year by discussing the resignation of a recent guest and the effect it could have on the fintech policy space:FDIC Chair Steps Down (1:34)The SEC's Role (9:08)Potential 2022 Fintech Regulation Surprises (16:22)New episode once a month!Follow us on Twitter:John: @policypittsPlaid: @plaidJulie: @julieverhageFintech Today: @fintechtoday_For daily updates on the fintech space sent right to your email, subscribe to the FTT Newsletter at https://fintechtoday.co!

Check Federal Bank share price, financial data and complete stock analysis. Get Federal Bank stock rating based on quarterly result, profit and loss account, balance sheet, shareholding pattern and annual report.

CMP - 102 , SL -89 , Target - 120, 127 and 140 if Sustain above 127

Financial shares came to the rescue of the benchmark indices for the second straight day, as a selloff in select index heavyweights exerted pressure on the indices. The BSE Sensex index ended with a loss of 102 points at 60,822, after trading within a range of 61,420 and 60,551. The NSE Nifty50, on the other hand, settled 63 points lower at 18,115. It touched a high and low of 18,314 and 18,034, respectively. HDFC was the major gainer among the Sensex 30 stocks, up 2.2 per cent, followed by Bajaj Auto, Kotak Bank, IndusInd Bank, Axis Bank and Titan. On the flipside, ITC shed 3.4 per cent to close at Rs 236.50. Maruti, NTPC, Infosys, Tata Steel, HCL Technologies, Nestle India, Asian Paints, Larsen & Toubro and TCS were the other significant losers. Among individual stocks, shares of Reliance Industries ended 0.15 per cent higher on the BSE today ahead of the company's September quarter results, due to be announced later today. Analysts expect the September quarter performance of the oil-to-telecom conglomerate to be led by growth in retail, digital-telecom business, and steady petrochemical margins. That apart, LIC Housing Finance and Can Fin Homes declined 8 per cent each in the intra-day trade today after the announcement of their July-September quarter results. Their peer firm HDFC, on the other hand, hit a record high of Rs 2,937.75, rising over 3 per cent in the intra-day trade. On the upside, shares of IRB Infra surged 20 per cent to scale a fresh 3-year high of Rs 293 on the BSE on Friday. The stock has zoomed as much as 43 per cent in the last three days on the back of the company's fund raising plans. Further, shares of TVS Motor Company soared 10 per cent to Rs 632.85 on the BSE in Friday's intra-day trade on back of heavy volume after the company reported highest ever revenue, earnings before interest, tax, depreciation and amortization (ebitda) for the quarter ended September 2021 (Q2FY22). The stock of two and three-wheeler manufacturer had hit 52-week high of Rs 665.70 on May 27, 2021. Sectorally, the Nifty Metal index fell for a second straight day, down nearly 6 per cent in 2 days, after China announced measures to curb surging coal and base metal prices. Among individual stocks, barring Welspun Corp, which was up 6 per cent, all other index constituents ended the day in the red led by Vedanta (down 8 per cent), Hindustan Zinc, Hindustan Copper, Nalco, Coal India, and Adani Enterprises. The Nifty Realty index, up over 2 per cent, was the top gainer on the NSE with Brigade Enterprises, Prestige Estate Projects, and Oberoi Realty rising up to 5.7 per cent. The Nifty Bank index, which hit a fresh record high of 40,587 in the intra-day trade, closed at an all-time closing high of 40,324. 10 of the 12 index constituents ended in the green led by Federal Bank (up 7 per cent), AU Small Finance Bank (3 per cent), RBL Bank, Kotak Bank, Axis Bank, and Bandhan Bank. Next week, markets will react to Q2 results of RIL and ICICI Bank on Monday and will then focus on other corporate results. Maruti Suzuki, L&T, ITC, Axis Bank, Adani Enterprises, and SBI Life are some of the companies slated to report their results next week. In the primary market, FSN E-Commerce Ventures, operator of Nykaa beauty stores, has fixed the price band of Rs 1,085-Rs 1,125 for its maiden public share sale. The initial public offering (IPO) will remain open on October 28 and close on November 1. At the top-end, the beauty startup will be valued at Rs 53,200 crore ($7 billion).  

Equity: Hindalco, Federal Bank, KEC Derivative: Bank Nifty 40200 CE, RBL Bank 195 CE --- Send in a voice message: https://anchor.fm/kunvarji-finstock/message

Is Welfare Moral? If so, in what context?First, what is “Welfare”? In Webster's 1828 Dictionary Welfare meant: “Exemption from any unusual evil or calamity; the enjoyment of peace and prosperity, or the ordinary blessings of society and civil government; applied to states.”In 2021 Merriam-Webster will define Welfare as: “Aid in the form of money or necessities for those in need or : an agency or program through which such aid is distributed”Do you see what happened here? We have changed the definition from the ordinary form of blessings from SOCIETY and civil government, to a government program. Before we get too far into the weeds, we need to understand just what money is. It is an IOU. The fibrous paper with watermarks is simply an IOU that is being passed around person to person. The Federal Bank, a group of wealthy elites, are responsible for that IOU. In 1849, a $20 gold piece was worth about $20, as of this podcast it is worth $1139. We won't go into the horrendous FDR Policy of 1933 and the effects he had on the Great Depression today, but suffice it to say, in 1933, gold was also, artificially, $20 an ounce then. This sky rocketing cost is largely due to inflation and the detachment of the Dollar from the Gold Standard in the 1970s. What this means is if Grandpa had a savings account locked away in 1933 of $10,000, today it is worth $10,000. When it was stored in the bank in 1933, however, he could have bought a home roughly equivalent to today's $600,000 homes, or a Ford GT Supercar, or bought a yacht. Where did his wealth go? To the politicians and bankers. Robert Kiyosaki of “Rich Dad, Poor Dad” fame, wrote in an article in 2016 that a Pew Research Study saw the Middle class had shrunk from 1971 to 2015 by 11% with the lower class growing by 4% and the Highest Class growing by 5% and Upper Middle by 2%.https://www.richdad.com/4-wealth-stealing-forces-make-you-poorer What is the primary cause of this? Printing money for Welfare Programs and other government spending. But if it helps the lower class, shouldn't we do it? Does it help the lower class? Or has it simply stolen from those who had and placed them into the lower class?In an article from the Hill, we see that the current administration plans to give to families, by way of printing more money, “Tax Credits” for each child. Why don't they simply tax less instead of more? Because they can more easily print the money and still tax you. Who actually wins here?https://thehill.com/opinion/finance/559900-democrats-newest-scheme-to-hook-the-middle-class-on-government-cash Time states in this article that the Top 1% have taken $50 Trillion from the Bottom 90% during Covid. https://time.com/5888024/50-trillion-income-inequality-america/Now, I may not agree with the Time's conclusions concerning the redistribution of wealth and how we got here, but there is chicanery afoot. The policies and rampant spending on special interests have sucked the wealth from the poor and middle class, just like Grandpa's $10,000 saved in the bank in 1933. We just haven't seen the incredible impact on the middle class and poor from this most recent Covid Debacle, yet. It is coming. But what of the poor? How did we used to take care of these people? Is there an organization and structure with the capacity, the mandate even, to take care of the poor? In America in the early 1800s, a French Philosopher named Alexis de Tocqueville noted that government programs were not compatible with and were virtually non-existant in free societies. He concluded: “Thus, they have to be created artificially, which is what associations alone can achieve” (Tocqueville 1840, 598).Associations like the Church. De Tocqueville noted that the poor in America were taken care of by the middle class and rich through the Church Structure and other Social Fabrics. What does the Bible say about Welfare?Deuteronomy 15:7-11If there be among you a poor man of one of thy brethren within any of thy gates in thy land which the LORD thy God giveth thee, thou shalt not harden thine heart, nor shut thine hand from thy poor brother:Acts 20:35I have shewed you all things, how that so labouring ye ought to support the weak, and to remember the words of the Lord Jesus, how he said, It is more blessed to give than to receive.Proverbs 28:27He that giveth unto the poor shall not lack: but he that hideth his eyes shall have many a curse.James 2:14-24 What doth it profit, my brethren, though a man say he hath faith, and have not works? can faith save him? Are there conditions? Of course there are. 1 Timothy 5: 3-19 lays out conditions for widowhood status. This was a special type of welfare for a specific concern. We are to hold people accountable so that they may grow. We also are to be wise when giving. While we are not to allow someone to starve when we can otherwise help them, we are also not to provide someone with so much welfare that they become dependent. A leg up, and not a continual hand out so to speak.So, is Welfare a Biblical Mandate? Yes. But we've seen how the Government handles Welfare and ultimately robs from those it is “serving”. If the church was not so focused on the next building project and perhaps more focused on providing for the Welfare of those around, we might see revival.

"As we invest in organizations like Thelma's Kitchen, that's paying a dividend back to our shareholders – the community we serve,” shares J.R. Buckner, President & CEO of First Federal Bank of Kansas City. “That's building up the community so that everyone can thrive, not just a handful of people." J.R. and his team at First Federal were the lead sponsor in Thelma's Kitchen's recent birthday giving challenge, which ultimately netted over $44,000 for KC's first donate-what-you-can cafe and more than 1,400 pay it forward tokens for those experiencing poverty and food insecurity. J.R. joins Fr. Justin Mathews on The Social Leader podcast today to discuss values-based leadership and organizational culture, stewarding your blessings, being an inclusive and faith-inspired leader, hiring “we” and not “I” people, and much more.

Amid a firm global setup, Indian indices look set to open in the green for a second day today. At 7.10 am, SGX Nifty was trading 24 points higher at 15,838. Quarterly earnings by select large-cap names such as Reliance Industries and JSW Steel and listing of Zomato's shares will mostly hog the limelight and result in stock-specific action. In overnight session,  Big tech helped Wall Street inch up to a higher close, modestly building on a two-day rally as lacklustre economic data and mixed corporate earnings prompted a pivot back to growth stocks. Overall, the Dow Jones Industrial Average rose 0.07%, the S&P 500 gained 0.20% and the Nasdaq Composite added 0.36%. In Asia, markets traded on a steady note. Australia's S&P/ASX 200 index was little changed, South Korea's Kospi index added 0.3% but Hong Kong's Hang Seng index dipped 0.6%. US futures remained firm with S&P500 futures up 0.3% and Nasdaq futures 0.4%. In the commodities market, Brent crude prices further gained strength on Thursday and settled a little shy of the $74 mark, up over 2%, on expectations of tighter supplies through 2021. In trade today, prices were mostly unchanged. Meanwhile, in other news, the Reserve Bank of India (RBI) will introduce its own version of Central Bank Digital Currency (CBDC) in a phased manner and after carefully weighing its impact on various issues, deputy governor T Rabi Sankar said on Thursday. Now, a look at the stock-specific triggers that are likely to guide the market today. Forty-one companies, including RIL, JSW Steel, SBI Card, YES Bank and Federal Bank will report their quarterly numbers today. Analysts expect improvement in RIL's energy margins on the back of a pickup in global demand to support the consolidated performance of Reliance Industries in the first quarter. However, the gains are also expected to be offset by the challenges in the retail and petrochemicals businesses, and a flattish show in telecom. Zomato shares will make their market debut today. The IPO that was subscribed nearly 40 times is expected to list at a 30 per cent premium, as per analysts. It issue price stands at Rs 76 per share. Telecom stocks, namely Bharti Airtel, Vodafone Idea and Tata Tele will be in focus today amid reports that the Supreme Court will pronounce its judgment on appeal for correction of errors in Adjusted Gross Revenue (AGR) calculation on July 23.  The pandemic has left deep gashes on the balance sheet of the leading non-life insurer ICICI Lombard General Insurance, with its net income diving 62 per cent YoY to Rs 152 crore for the June quarter. Indiamart Intermesh posted a 19 per cent YoY increase in consolidated net profit at Rs 88 crore for the quarter ended June 30, 2021, as against a net profit of Rs 74 crore in the same period a year ago.

The bulls made a robust comeback on Dalal Street after three days amid broad-based buying by investors as the global setup remained firm and India Inc reported upbeat quarterly earnings numbers so far in June quarter earnings season. Benchmark indices Sensex and Nifty rose, mainly helped by gains in Infosys, RIL, ICICI Bank and Bajaj Finance. The BSE Sensex closed at 52,837, up 639 points or 1.22 per cent. Its NSE counterpart Nifty50 settled at 15,824, up 192 points or 1.23 per cent. Tech Mahindra, Bajaj Finance, Bharti Airtel and Bajaj Finserv were the top Sensex gainers. On the other hand, HUL, Asian Paints, Bajaj Auto and M&M were the four losers. The action remained robust in broader market as well, with BSE Midcap and BSE Smallcap indices gaining nearly 1.5 per cent each. Amid this, the volatility index ease by 10 per cent to 11.88. The sectoral space was a sea of green on the NSE. Metal stocks outperformed as the index logged 2.99% gains. Nifty Realty, Nifty IT, Nifty Media and Nifty Financial Services also put up a strong show and logged gains of over 1% each. In stock-specific moves, shares of Gland Pharma and Jubilant FoodWorks hit new highs post their June quarter numbers. Gland Pharma's revenue for Q1 rose 31 per cent YoY to Rs 1,154 crore while its net profit jumped 12 per cent to Rs 251 crore. The company after hitting a new high of Rs 4168, settled 9 per cent higher at Rs 4143.6. Similarly, Jubilant FoodWorks posted a strong operating performance in Q1. It posted a profit of Rs 69 crore as against a Rs 74 crore loss. Meanwhile, its Ebitda remained flat at 24.1 versus 24.3 in previous quarter despite lockdown impact. The stock closed 12 per cent higher at Rs 3429.70 after hitting a new high of Rs 3449.90. HUL, however, declined over 2 per cent to end at Rs 2378.65 even as it reported a 10 per cent YoY growth in standalone profit at Rs 2061 crore.   Bajaj Auto's shares also ended in the red, down over 1 per cent at Rs 3852.6 despite posted a two-fold jump in its Q1 PAT at Rs 1,061 crore. The company also announced formation of a wholly-owned subsidiary to venture into electric mobility segment. Going into trade on Friday, investors' focus will be on a possible Zomato listing. According to media reports the company could opt for a listing on Friday from Monday earlier. The stock has regained mojo in the grey market and was last commanding a premium of 35 per cent. Further, all eyes will be on oil-to-telecom behemoth RIL's Q1 earnings. That apart, 40 other firms including YES Bank, Federal Bank, SBI Card and JSW Steel. Globally, stocks returned to near-record highs in Europe as investors bet on the European Central Bank keeping its stimulus taps full open as long as Covid remains a threat to growth. The STOXX index of 600 leading European shares was up 0.6 per cent. MSCI's broadest index of Asia-Pacific shares outside Japan was last up 1.2 per cent. Meanwhile, S&P 500 futures were only slightly firmer, suggesting the U.S. rally's momentum is fading.

Bulls made a comeback as the Indian market soared high and recovered from its last week's lows and the benchmark Nifty closed above 15,800 once again on July 13. On the derivative front, Call writers at 15,800 strike were seen unwinding their positions while Put writers added hefty open interest at 15,700 strike. Nifty is trading above its long and short-term moving averages on the daily charts with the formation of a higher bottom. On the higher side, now 36,000 will be a strong hurdle for the banking index above which, we can witness a fresh round of follow-up buying. For Nifty, 15,900 would act as a major hurdle in the short-term above which, the index can march towards its record high and above 16,000.

Nifty has been consolidating for the last five consecutive weeks in the range of 15,450-15,915. The benchmark index formed a weekly low at 15,632 which was very close to the previous swing bottom support of 15,635. There are good chances that this support could result in a bullish double bottom formation in the coming sessions. The primary trend of the index is bullish as Nifty has been holding above its 50, 100, and 200-day moving averages. Below 15,600, Nifty would change its trend from bullish to bearish and till that happens, traders should make stock and sector-specific bullish bets. The breadth of the market is very strong which is a very good sign. Out of the last 12 sessions, advances remained higher than the declines in eight sessions. This is a positive development for the continuation of an uptrend. From the sectors, realty, infra, cement and logistics are expected to do well from hereon. A sustained rise above 15,900 would result in a fresh breakout and in that case, we can expect Nifty to extend the rally towards 16,200-16,300. A close below 15,600 would violate the current consolidation on the downside. At present, trading opportunities are more visible in the mid and small-cap sides and the focus should be more on these segments.

Investors on Dalal Street will take cues from earnings announcements, macroeconomic data, and global trends this week, said analysts. Besides, monsoon progress and updates on the new Covid variant will be closely monitored by them. After a volatile last week, wherein markets traded within a range and closed marginally lower, analysts see further consolidation ahead and expect volatility to inch higher on the stock-specific front as well with the beginning of the earnings season. Leading IT companies Infosys and Wipro and other players such as Mindtree, Tata Elxsi and HDFC AMC are among 75 companies that will announce their financial results this week. Apart from these, some other names include Dodla Dairy, L&T Finance Holdings, Steel Strips Wheels, Angel Broking and Den Networks. Besides earnings, markets will track macroeconomic data this week. The IIP and CPI Inflation will be released on Monday and WPI inflation on Wednesday. While India's Covid caseload is on a downhill, concerns over the Delta and Delta plus variants persist across the globe, which resulted in a global sell-off last week. Investors will also keep a close watch on that front amid concerns that the spread of the variant could dent global economic recovery. Apart from the action in the secondary market, the primary market will remain abuzz as Zomato's Rs 9,350 crore initial public offer will hit Street this week on July 14. The IPO is priced in the band of Rs 72-76 and the shares were commanding a premium of 15-18 per cent in the grey market as against 25 per cent earlier. Lastly, oil price movement, rupee's trajectory, FPI flows along with Federal Reserve Chair Jerome Powell's semi-annual Monetary Policy Report and June US consumer price index can further sway market mood. And now, let's take a look at the trade setup for today. Asian stocks started the week higher after their US peers chalked fresh records on Friday. Shares in Japan outperformed and Hong Kong opened higher. China rose after the central bank cut the amount of cash most banks must hold in reserve to buttress a slowing economic expansion. Overall, Jopix index climbed 2.2%, Australia's S&P/ASX 200 Index rose 0.8%, Kospi index gained 0.9% and Hang Seng Index gained 1.1%. The global trends set the stage for a strong India opening with SGX Nifty trading 68 points higher at 15,796 around 7.25 am. Now, a look at the stock-specific triggers that are likely to guide the market today A total of 11 companies, including HFCL, Steel Strips Wheels and Welcure Drugs & Pharmaceuticals will release quarterly earnings today. Avenue Supermarts, which owns and operates retail chain DMart, on Saturday reported over two-fold jump in consolidated net profit at Rs 95.36 crore for June quarter 2021-22. The company had posted a net profit of Rs 40.08 crore in April-June period a year ago. Equitas Holdings, the promoter of Equitas Small Finance Bank (SFB), on Saturday said the bank has received Reserve Bank of India's (RBI) nod to apply for amalgamation of the promoter into itself. SJVN has signed a pact with the Investment Board of Nepal (IBN) to develop the 679-megawatt (MW) Lower Arun Hydro Electric Project in the country. Federal Bank has received approval from the RBI to re-appoint Shyam Srinivasan as its MD and CEO for three years.

The domestic benchmark indices gyrated between gains and losses to finally end the volatile session near the flatline on Monday as investors preferred to book profits amid a lackluster start for the European markets and possible weak opening for US peers ahead of the start of the earnings season there. BSE barometer Sensex was off to a firm start in early trade but succumbed to pressure in the afternoon session amid losses in HDFC duo, Infosys, and TCS. It settled lower for the third day straight, down 14 points at 52,372 after swinging 491 points in intra-day. Its NSE counterpart eked out a 3-point gain and shut shop at 15,693. On BSE, the market breadth favoured buyers, indicating bullish underlying sentiment. In the Sensex kitty of stocks, 16 stocks ended in the green and 14 in the red. Ultratech Cement, ICICI Bank, SBI and Axis Bank were the top index gainers while Bharti Airtel, Tata Steel and HDFC Bank were the worst drags. The broader market outperformed the benchmark, with BSE Smallcap index hitting a fresh record high of 26167.95. It finally settled the day at 26,068, up 0.75 per cent. Meanwhile, the BSE Midcap index added 0.40 per cent. Sectorally, the realty stocks were in demand with the Nifty Realty index hitting all-time high of 382.25 in intraday session. It finally ended the day with 3.61 per cent gain at 379.35. It was followed by the Nifty Private Bank index which added 0.42 per  cent.  On the other hand, Nifty IT index with a loss of 0.45 per cent was the worst performer. Investors preffered to book profit in the IT stocks following a stellar rally and ahead of results by IT giants Infosys and Wipro later in the week. Other sectoral losers were -- Nifty Metal, Nifty Media and Nifty FMCG. There was no dearth of stock-specific action amid earnings announcements and quarterly business updates. Shares of Page Industries scaled two year high of Rs 33,093 on the BSE amid an improved demand environment post the pandemic. The scrip finally ended the session at Rs 33204.90, up 5.89 per cent. Shares of Just Dial declined 3.50 per cent to Rs 1,072.70 on the BSE after the latest shareholding pattern for the June quarter showed that FIIs slashed stake by 3.58 per cent in the company. Federal Bank stock ended the day at Rs 89.50 on the BSE, up 4.5 per cent after the RBI on approved the re-appointment of Shyam Srinivasan as managing director and chief executive officer (MD and CEO) of the bank for a period of three years. That said, Tuesday's action could be guided by macroeconomic data viz IIP and CPI inflation that are slated to be out today, and global cues. Furthermore, Parliament's Monsson session will also be on investor radar, with the session slated to run between July 19-August 13. Ahead of the initial public offer (IPO) by online food delivery company Zomato, the buzz in the primary market remained heightened. The issue worth Rs 9,350 crore will open for subscription on July 14 but most analysts have flagged pricey valuations of the company and advise investors to Subscribe to the IPO for listing gains purposes. "Considering its financial performance, it would be prudent to wait for a meaningful turnaround to change the long-term stance," said Ajit Mishra of Religare Broking. That apart, Paytm could soon follow into Zomato's footsteps as media reports suggest the company could file its DRHP this week. On Monday, the comapny's shareholders approved a resolution for the company to raise Rs 12,000 crore in fresh shares through an IPO. Lastly, an update on the global market. An upsurge in new infections caused by the Delta coronavirus variant capped equity gains, with Wall Street tipped to open lower. The Stoxx Europe 600 was little changed, MSCI World index rose 0.2 per cent while futures on the S&P 500 fell 0.2 per  cent and Dow Jones Industrial Average fell 0.4 per cent.

CBD is the latest fad.  You can find it in everything from gummie bears to face lotion.  Jennifer Beck, cofounder of Jihi, says not all CBD products are the same; and going cheap could be bad. Jennifer also explains to host, Heather Kelly, you can only get high from marijuana (THC) one way.  Find out what's involved in opening a marijuana dispensary. You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal Twitter page. Be sure to email Heather your questions and request topics you'd like her to cover here. See omnystudio.com/listener for privacy information.

DoubleLine's Jeff Mayberry and Samuel Lau get ready for Flag Day (June 14) with a rundown of the June 7-11 market week in which a strong CPI print was delivered, and the S&P 500 continued to climb. A dip in the 10-year yield in the face of the 5.0% rise in the CPI leads Jeff and Sam to speculate that the U.S. Treasury market has decided not to fight the Fed and has joined the “inflation is transitory” camp. Jeff and Sam try to add some insight into the transitory-inflation debate with a look under the hood of the CPI as the question of the week (starts at 14:32). They use the Federal Bank of Atlanta's component categories of sticky (dependent on the frequency of price changes) and flexible (dependent on current economic factors and, thus, definable as transitory). Not surprisingly, they find whether components qualify as sticky or flexible is open to debate.

Ben Stein is the most famous economics teacher in America. His comedic role as the droning economics teacher in "Ferris Bueller's Day Off" is by far the most widely viewed scene of economics teaching in economics history and has been ranked as one of the fifty most famous scenes in movie history. But in real life, Ben Stein is a powerful speaker on economics, politics, education and history and motivation--and like his father, Herbert Stein, considered one of the great humorists on political economy and how life works in this nation. Stein in real life has a bachelor's with honors in economics from Columbia, studied econ at the graduate level at Yale, is a graduate of Yale Law School ( valedictorian of his class by election of his classmates in 1970), and has as diverse a resume as any man in America. Much more important, Ben Stein is morally committed to making your meeting a success and bringing his extensive background to bring out the most powerful and funniest trends in current history. That background includes...poverty lawyer for poor people in New Haven, trade regulation lawyer for the FTC, speech writer for Presidents Nixon and Ford. ( He did NOT write the line, "I am not a crook...."), columnist and editorial writer for The Wall Street Journal, teacher about law and economics at UC, Santa Cruz ( undergrads ) and Pepperdine( law school and undergrads). He has written or co-written roughly 30 books, mostly about investing, with his brilliant colleague, Phil DeMuth, many of them New York Times bestsellers. His and Dr. DeMuth's book, "Yes, You Can Time The Market" has become a landmark of using price theory for securities market analysis. He wrote a column about economics for The New York Times for several years, roughly 2004-2009. He was the co-host, along with Jimmy Kimmel, of the pathbreaking Comedy Central game show, "Win Ben Stein's Money," which won seven Emmies, including ones for Ben and Jimmy for best game show host. ( Surely making him the only well known economist to win an Emmy....). Presently, he writes a column for The American Spectator and for NewsMax, and is a regular commentator on Fox News and on CBS Sunday Morning, as well as a frequent commentator on CNN. He lives in Los Angeles with his wife of 45 years, Alexandra, two dogs and six cats. He loves people and loves to meet new people and hang out with them. He's a party guy, albeit an extremely serious economist and a decades long critic of excessively loose fiscal policy and unhelpful regulation in finance. Topics Discussed:  * How the Federal Bank works and how it effects the everyday American * Why a house is still a great thing to own * What are Freddie Mac and Fanny Mae… are they a part of the Federal Bank * What should the average American focus on to be financially free  * Why index funds should be the focus of the everyday investor * How does “Trickle Down” economics work * What are some of the biggest economic mistakes people make today * Why Ben considers investing in Bitcoin to be dangerous * Why you should never try to time the market Episode Resources: * Ben's website: www.benstein.com * The World According to Ben Stein Podcast: https://podcasts.apple.com/us/podcast/the-world-according-to-ben-stein/id1540015480 * The Simple Life Website: https://thesimplelifenow.com  *Make sure to signup and be a member of The Simple Life Insider's Circle at: https://thesimplelifenow.com/the-simple-life/

Ben Stein is the most famous economics teacher in America. His comedic role as the droning economics teacher in "Ferris Bueller's Day Off" is by far the most widely viewed scene of economics teaching in economics history and has been ranked as one of the fifty most famous scenes in movie history. But in real life, Ben Stein is a powerful speaker on economics, politics, education and history and motivation--and like his father, Herbert Stein, considered one of the great humorists on political economy and how life works in this nation. Stein in real life has a bachelor's with honors in economics from Columbia, studied econ at the graduate level at Yale, is a graduate of Yale Law School ( valedictorian of his class by election of his classmates in 1970), and has as diverse a resume as any man in America. Much more important, Ben Stein is morally committed to making your meeting a success and bringing his extensive background to bring out the most powerful and funniest trends in current history. That background includes...poverty lawyer for poor people in New Haven, trade regulation lawyer for the FTC, speech writer for Presidents Nixon and Ford. ( He did NOT write the line, "I am not a crook...."), columnist and editorial writer for The Wall Street Journal, teacher about law and economics at UC, Santa Cruz ( undergrads ) and Pepperdine( law school and undergrads). He has written or co-written roughly 30 books, mostly about investing, with his brilliant colleague, Phil DeMuth, many of them New York Times bestsellers. His and Dr. DeMuth's book, "Yes, You Can Time The Market" has become a landmark of using price theory for securities market analysis. He wrote a column about economics for The New York Times for several years, roughly 2004-2009. He was the co-host, along with Jimmy Kimmel, of the pathbreaking Comedy Central game show, "Win Ben Stein's Money," which won seven Emmies, including ones for Ben and Jimmy for best game show host. ( Surely making him the only well known economist to win an Emmy....). Presently, he writes a column for The American Spectator and for NewsMax, and is a regular commentator on Fox News and on CBS Sunday Morning, as well as a frequent commentator on CNN. He lives in Los Angeles with his wife of 45 years, Alexandra, two dogs and six cats. He loves people and loves to meet new people and hang out with them. He's a party guy, albeit an extremely serious economist and a decades long critic of excessively loose fiscal policy and unhelpful regulation in finance. Topics Discussed:  * How the Federal Bank works and how it effects the everyday American * Why a house is still a great thing to own * What are Freddie Mac and Fanny Mae… are they a part of the Federal Bank * What should the average American focus on to be financially free  * Why index funds should be the focus of the everyday investor * How does “Trickle Down” economics work * What are some of the biggest economic mistakes people make today * Why Ben considers investing in Bitcoin to be dangerous * Why you should never try to time the market Episode Resources: * Ben’s website: www.benstein.com * The World According to Ben Stein Podcast: https://podcasts.apple.com/us/podcast/the-world-according-to-ben-stein/id1540015480 * The Simple Life Website: https://www.thesimplelifenow.com  *Make sure to signup and be a member of The Simple Life Insider's Circle at: https://www.thesimplelifenow.com/the-simple-life/

Enthused by less than three lakh daily Covid-19 cases for the second straight day, domestic indices advanced over 1 per cent on Tuesday. Automobile and consumer discretionary stocks caught investors' fancy as they hoped that restrictions would ease once cases decline further. Supporting the sentiment were news flows around vaccination front that more and more pharma companies are tying up for vaccine manufacturing. Visibility on economic recovery has largely continued even during the lockdown and now, with restrictions likely to ease, consumer demand is expected to make a come-back, believe analysts. On the top of it, global brokerage Morgan Stanley's belief that Indian equities are likely to outperform their emerging market (EM) peers in 2021 further bolstered sentiment. While the brokerage's base case scenario pegs Sensex at 55,000 by December this year, it may hit 61,000 in a bull-case scenario. Given this, the benchmark S&P BSE Sensex soared 613 points, or 1.24 per cent, to end the day at 50,193 levels with only four stocks -- Bharti Airtel, ITC, Dr Reddy's Labs, and State Bank of India -- settling the day in the red. The index settled above the 50,000-mark for the first time since April 1. On the NSE, the Nifty50 index reclaimed the 15,000-mark for the first time since March 12 on a closing basis, and shut shop at 15,108 levels, up 185 points or 1.24 per cent. M&M (up 6 per cent), Bajaj Auto, Titan, Bajaj Finance, Adani Ports, Tata Motors, and Indian Oil Corporation were the top Nifty gainers today while Airtel, ITC, Coal India, Divis Labs, UPL, and Grasim were the top laggards. In the broader market space, the S&P BSE MidCap index zoomed 1.9 per cent to settle at 21,232 after hitting a record peak of 21,265 levels earlier today. Investors are heading more for mid-cap stocks as growing risk appetite and cheaper valuations of these companies as compared to large-cap peers have revived their popularity. Jubilant FoodWorks, Indian Hotels Company and Page Industries from the consumer discretionary space; Ashok Leyland, TVS Motor Company and Bharat Forge from automobiles; AU Small Finance Bank, Muthoot Finance, Shriram Transport Finance Company and Federal Bank from financials; and Adani Transmission, Adani Power and Adani Green Energy from Adani Group were up between 3 per cent and 6 per cent on the BSE. The SmallCap index, meanwhile, ended 1.3 per cent higher at 22,848. Individually, shares of Gland Pharma hit an all-time high of Rs 3,135 on the BSE, up 12 per cent over its previous close, following a 34 per cent year-on-year rise in its consolidated net profit to Rs 260.4 crore in the March 2021 quarter on robust sales. The stock has rallied a whopping 108 per cent since its listing in November last year. The firm's March quarter results have convinced analysts of more upside as they see growth prospects for Gland going ahead. That apart, shares of Adani Green Energy were locked in the 5 per cent upper circuit band for the second straight day, at Rs 1,199.65 on the BSE on Tuesday, after a Bloomberg report suggested that the Adani Group Company is in advanced talks to acquire privately-held SB Energy Holdings Ltd. The company, however, has clarified that at this point in time, there is no event / information that requires disclosure neither there is any definitive agreement signed by the Company which requires any disclosure. However, the Company shall make appropriate public disclosures as and when there is a disclosable event. Shares of Tata Motors ended 3.5 per cent higher ahead of the announcement of its Q4 results. The automobile major reported standalone net profit of Rs 1,690 crore in the March quarter compared with net loss of Rs 2,215 crore in the previous year period. On a consolidated basis, net loss stood at Rs 7,623 crore. On the downside, shares of Bharti Airtel slipped as much as 2.7 per cent to Rs 534.65 on the BSE, in an otherwise firm market after the telecom o

A sharp drop in Covid-19 cases lifted benchmark indices nearly 2 per cent higher on Monday as investors cheered sooner-than-expected peaking of the second virus wave. The frontline S&P BSE Sensex zoomed 848 points to settle the day at 49,581 levels, lifted largely by financial counters. Eight of the top 10 index contributors included names like HDFC Bank, ICICI Bank, HDFC, SBI, Axis Bank, and Kotak Mahindra Bank. Reliance Industries and Infosys, meanwhile, were the remaining two contributors. Analysts attribute this sudden investor interest to the sector's recent underperformance and the resultant sectoral rotation. Over the past two weeks, only three bank stocks -- AU Small Finance Bank, RBL Bank, and SBI -- outperformed at the bourses, rising between 2.5 per cent and 3.5 per cent on the NSE as against a 1.25 per cent rise in the frontline Nifty50 index. That apart, while ICICI Bank and The Federal Bank gained 1 per cent and 0.25 per cent, respectively, all other Nifty Bank constituents declined in the range of 0.11 per cent and 12 per cent. The Nifty Bank index too slipped 0.31 per cent during the period. That apart, India, on Monday, reported over 281,000 fresh cases taking total infections to 24.96 million. New cases fell below 300,000 for the first time in 25 days as the country seeks to scale up vaccinations. Analysts believe investors are seeing this as an early sign of Covid cases peaking out which could limit the dent on the financial sector. On the NSE, the Nifty50 reclaimed the 14,900-mark and ended at 14,923 levels, up 245 points. About 39 of the 50 constituents ended the day in the green including IndusInd Bank (up 7.5 per cent), SBI, ICICI Bank, HDFC Bank, UPL, Axis Bank, Tata Motors, and Eicher Motors. On the downside, Cipla, L&T, Bharti Airtel, Nestle India, Sun Pharma, HDFC Life, and Maruti Suzuki were the top laggards, down up to 2.4 per cent. In the broader market, the S&P BSE MidCap and SmallCap indices ended 1.6 per cent higher, each lifted by stocks such as Hester Biosciences and Gokaldas Exports. Shares of Hester Biosciences were locked in the 20 per cent upper circuit band, at Rs 2,964 on the BSE, and up 34 per cent in the past two trading days, after the pharmaceutical company said it has tied up with the Gujarat government to explore the production of Covid-19 vaccine through technology transfer from Bharat Biotech. The Ahmedabad-based firm said it has already initiated discussions with Bharat Biotech in this regard. Those of Gokaldas Exports, meanwhile, hit an over three-year high of Rs 127 apiece after they rallied 20 per cent in Monday's intra-day trade on the BSE as the company's profit after tax jumped three-fold to Rs 16 crore for quarter ended March 2021 (Q4FY21). It had posted a PAT of Rs 6 crore in Q4FY20. The stock of the textiles company was trading at its highest level since January 2018. On the sectoral front, all but the Nifty Pharma index ended the day with gains. The Nifty Bank index added 4 per cent on the NSE today, trailed by the Nifty Financial Services index (up 3 per cent), and the Nifty Metal index (up 2.5 per cent). On the contrary, the Nifty Pharma index slipped 0.2 per cent on profit booking. On the results front, Bharti Airtel today reported a consolidated net profit of Rs 759 crore for the quarter ended March 31, 2021 as against a loss of Rs 5,237 crore during the same period, a year ago. Its revenue from operations rose 12 per cent to Rs 25,747 crore while Mobile ARPU rose to Rs 145 from Rs 135 YoY. Ahead of the announcement, shares of the telecom firm settled 2 per cent lower on the BSE. Colgate Palmolive, on the other hand, posted a 54 per cent YoY growth in net profit at Rs 315 crore for Q4FY21. It's revenue increased 19 per cent on year to Rs 1,283 crore, while margins expanded 840 bps to 33 per cent. Global markets   European stocks dipped on Monday after staging a sharp recovery late last week, as underwhelming Chinese dat

The benchmark indices lost nearly 1% last week as global selloff dampened sentiments on the Street, although improvement in the Covid situation helped contain downside pressure. Analysts expect equity markets, this week, are likely to follow the quarterly earnings outcome of listed companies, Covid updates, the pace of vaccination drive in the country and global market trends for further direction. Furthermore, they believe fear of inflation flourishing in developed markets may continue to trickle down to India and keep domestic bourses under pressure. On the earnings front, more than 170 companies are slated to release their March quarterly numbers, including prominent names like Bharti Airtel, Tata Motors, SBI, Shree Cement, Hindalco, Federal Bank and IOC. Market participants will also keep a close watch on the Covid situation in the country wherein cases seem to have hit a peak, as projected. The average of daily cases has fallen for seven days in a row with India reporting 281,860 new cases in the last 24 hours. This is the first time since April 21 that India has recorded new cases below the 300,000 mark. However, a flare-up in cases and consequent restrictions can spoil the market mood. That apart, investors will track the pace of vaccination in the country. While most states have started the vaccination for 18-45 years old, the shortages of jabs have slowed down the pace of inoculation. With Russia's Sputnik is likely to hit the market this week and a dozen states having floated global tenders, it remains to be seen if there would be any improvement going ahead. Investors would also eye the Wholesale Price Index-based inflation data to be announced on Monday. Lastly, FII flows, crude price movement and the rupee's trajectory versus the dollar could also influence market trajectory. And now, let's take a look at the trade setup for today. Asian shares edged cautiously higher on Monday catching the tailwind from a bounce on Wall Street and ahead of what are expected to be upbeat readings on the Chinese economy, though any disappointment could quickly chill the mood. MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.2%, nudging further away from a four-month trough hit last week. Japan's Nikkei gained 0.4%, having also touched its lowest since early January last week. S&P 500 futures and Nasdaq futures were both flat, following Friday's rally. Indian markets, meanwhile, eyed a strong start to the week amid a further fall in Covid cases with SGX Nifty ruling 74 points higher at 14,784 around 7.30 am. A look at the stock-specific triggers that are likely to guide the market today. Bharti Airtel, Federal Bank, Colgate-Palmolive and Orient Cement are among 24 companies that are slated to post their March quarter results today. Engineering and construction giant Larsen & Toubro (L&T) reported a 11.3 per cent YoY rise in consolidated net profit at Rs 3,820.16 crore for March quarter 2020-21 on the back of higher revenue from operations. Route Mobile (UK), a wholly-owned subsidiary of Route Mobile Ltd, on Sunday said it has appointed John Owen as the chief executive officer (CEO) of its Europe and Americas operations. Hester Biosciences on Sunday said it has tied up with the Gujarat government to explore the production of the Covid-19 vaccine through technology transfer from Bharat Biotech. The Ahmedabad-based firm said it has already initiated discussions with Bharat Biotech in this regard. Reflecting the buoyancy in the markets, brokerage Geojit Financial Services has nearly doubled its net profit at Rs 36.8 crore for the quarter to March, up 95 per cent from Rs 18.8 crore a year ago, when the market was ravaged by the pandemic last year. Punjab National Bank on Saturday said it has raised Rs 1,800 crore by selling 53 crore shares on a private placement basis to investors like LIC and Societe Generale. Eligible Qualified Institutional Buyers were given

Breaking away from a range-bound trade, the benchmark indices zoomed over 1 per cent in the last-hour of trade on Tuesday amid broad-based buying after the union government said that it is speeding up emergency approvals for foreign-made vaccines that have been granted emergency use authorisation in other countries amid alarming spike of coronavirus infections across India. This comes after the Centre approved a third vaccine -- Russia's Sputnik V -- for emergency use authorisation. Barring the Nifty IT and Pharma indices, which ended over 3 per cent and 1 per cent lower, respectively on the back of profit-booking, all other sectoral indices ended the day in the green. While the Nifty PSU Bank index surged 4 per cent after nursing a 9 per cent cut on Monday, the Nifty Bank, Private Bank, Financial Services, Metal, Auto, and Realty indices gained between 3 per cent and 4 per cent. The Nifty FMCG index, meanwhile, ended 0.6 per cent higher. Among the frontline indices, the BSE barometer Sensex jumped 661 points, or 1.4 per cent, to settle the day at 48,544 levels. In the intra-day deals, the index had hit a high and low of 48,627 and 47,775, respectively. On the NSE, the Nifty50 index closed the day at 14,505 levels, adding 194 points or 1.36 per cent. The index's high and low of the day were 14,529 and 14,275, respectively. M&M, Bajaj Finserv, Tata Motors, Bajaj Finance, Maruti Suzuki, HDFC, and JSW Steel were the top gainers on the Nifty, up in the range of 4 per cent to 8 per cent, while Dr Reddy's Labs, TCS, Tech M, Wipro, HCL Tech, Britannia, and Divis Labs were the top drags, down up to 4 per cent. Mood in the broader market too remained upbeat. The S&P BSE MidCap index gained 1.46 per cent with IDBI Bank, Bank of India, Federal Bank, L&T Finance Holdings, IDFC First Bank, SAIL, and Shriram Transport Finance soaring between 5 per cent and 9.5 per cent. The S&P BSE SmallCap index, on the other hand, ended 1.2 per cent higher. Buzzing Stocks Shares of information technology major Tata Consultancy Services tumbled 5.1 per cent to Rs 3,074.55 apiece on the BSE in the intra-day deals as investors booked profit in the counter. Even as TCS reported its highest-ever order book in a quarter, at $9.2 billion, and a 15 per cent rise in net profit at Rs 9,246 crore, analysts feel the stock is trading at premium valuations and has factored-in most of the positives. The stock ended 4.2 per cent lower on the BSE today. Shares of public sector lender Bank of Maharashtra, meanwhile, surged 20 per cent to hit an intra-day high of Rs 27.3 apiece on the BSE on Tuesday after over 3 million shares changed hands on the counter in multiple block deals. By close, the stock 18 per cent higher at Rs 27 per cent as against a 1.4 per cent gain in the benchmark Sensex index. About 3.2 million shares changed hands on the counter on the BSE till 3:30 pm in multiple block deals. Shares of IDBI Bank also jumped 10.6 per cent to hit an intra-day high of Rs 37.40 on the BSE after a Business Standard report stated that the Cabinet will soon consider the proposal to sell the government’s 45.5 per cent stake in the company, paving the way for strategic divestment in the lender. Shares of Adani Ports fell 6 per cent to Rs 702 on the BSE after S&P Dow Jones Indices said it has removed the company from its sustainability index due to the firm’s business ties with Myanmar’s military which is accused of human rights abuses after a coup this year. Global markets Global stocks ticked up on Tuesday as China's exports in dollar terms rose 30 per cent YoY and imports rose 31 per cent, boosting confidence for a rebound in its domestic demand. Besides, market players awaited US data which expected to show a pick-up in inflation. The broad Euro STOXX 600 gained 0.3 per cent to near record highs, with export-heavy German shares up 0.2 per cent. Indexes in Paris and London shares fell 0.1 per cent. In Asia, Japan's

We wrote this last week, but if you want to know what it looks like to be a leader in business and in the community, you don't have to look any further than our guest this week. J.R. Buckner has been the President and CEO of First Federal Bank of Kansas City since April 2014.After receiving his degree in accounting and management from Park University, Buckner went into banking through a management trainee program in 1994 at a community bank in Lee's Summit, Mo.Community is at the heart of his focus, professionally and personally. In fact, under his leadership, FFBKC is involved with various nonprofits and community service projects throughout the greater Kansas City area, including CYITML.LINKS:For more information about the C-10 Mentoring & Leadership program for high school students, including the application process for current high school freshmen and sophomores, visit our website.For all episodes of the C-10 podcast and ways you can listen, click here.If you'd like to make a comment, have a suggestion for a future guest, or your company would like to help underwrite this podcast, please visit our contact page.

Local Matters cares about your civic health and your financial health. So does Security Federal Bank, a Community Development Financial Institution. Phil Wahl, President, and Michael Strange, Executive Vice President, share details about their services. The bank wants to help you, even if you are not a current bank customer. The Bank provides easy access to the federal Paycheck Protection Program, free financial counseling, mortgages, and insurance.

Local Matters cares about your civic health and your financial health. So does Security Federal Bank, a Community Development Financial Institution. Phil Wahl, President, and Michael Strange, Executive Vice President, share details about their services. The bank wants to help you, even if you are not a current bank customer. The Bank provides easy access to the federal Paycheck Protection Program, free financial counseling, mortgages, and insurance.

Banking apps are having a moment. More than ever, people worldwide rely on their smartphones to manage their finances and plan their futures. But turning heightened interest and use into lasting loyalty can be a challenge. In episode #425, part of our bi-weekly series Reimagine Growth sponsored by CleverTap, our host Peggy Anne Salz talks with Jithesh P V, vice president and head of digital banking at Federal Bank, one of the largest private-sector banks in India. The bank has embarked on an ambitious and overwhelmingly successful transformation, transitioning customers onto its mobile platform and expanding its online services portfolio. Few are better equipped than Jithesh to spell out the new rules of engagement and ways marketers can drive brand awareness and product adoption. Listen in for widely applicable insights on leveraging real-time analytics, matching the right messaging to the mix of channels, Jithesh’s concept of “hyper-segmentation,” and much more.

India's largest stock exchange, the National Stock Exchange (NSE), abruptly shut its cash and derivatives segment today, following a glitch which froze stock prices, triggering panic among investors. Trading was halted at 11:40 am on the NSE and resumed only at 3:30 pm. The glitch, which came a day ahead of the monthly F&O expiry for the February series, caused massive volatility during the last hour of trade and the same may continue on Thursday as well. Post resumption, both the Sensex and the Nifty indices witnessed bouts of volatility as investors scurried to square off their positions, and execute morning trades. The benchmark S&P BSE Sensex zoomed to day's high during the fag-end of the session, soaring 1,130 points. The index, however, ended 1,030 points, or 2 per cent, higher at 50,782 levels. HDFC Bank, Axis Bank, ICICI Bank, SBI, and HDFC, up in the range of 3 per cent and 5 per cent, were the top gainers among the 23 stocks that ended in the green. On the contrary, Dr Reddy's Labs, TCS, Sun Pharma, Asian Paints and Power Grid declined between 0.5 per cent and 1.4 per cent and closed as top laggards on the index. Weightage-wise, HDFC Bank, Reliance Industries, HDFC, ICICI Bank, and Axis Bank supported the index. Overall, market breadth on the BSE remained titled towards advances with over 1,850 stocks settling higher, compared with around 1,100 stocks that slipped today. Meanwhile, the Nifty50 closed above the 14,950-mark, up 272 points or 1.9 per cent, at 14,982 levels. The index hit an intra-day high of 15,009. In the broader markets, the S&P BSE SmallCap index settled 1 per cent higher on the back of gains in IIFL Securities, Manali Petrochemicals, Religare Broking, Dredging Corporation of India, and Nava Bharat Ventures, that gained in the range of 11 per cent and 20 per cent. The S&P BSEMidCap index, on the other hand, ended 0.77 per cent higher. Sectorally, the Nifty Bank and Private Bank indices closed 4 per cent higher each after Finance Minister Nirmala Sitharaman said that the government has lifted embargo on grant of government business to private banks. Federal Bank, Bandhan Bank, IDFC First Bank, and IndusInd Bank remained top performers on the Nifty Private Bank index. That apart, the Nifty Financial Services, Realty, and Media indices closed between 1 per cent and 2.5 per cent higher. On the downside, the Nifty IT was the only index that ended in the red, down 0.11 per cent. In the primary market, the 3-day IPO of Heranba Industries was oversubscribed nearly 3 times till 5 PM on the NSE on the second day of the issue. In another development, the Union Cabinet took two important decisions today. First, it approved a production-linked incentive scheme for IT hardware products including laptops, tablets, personal computers (PCs) and servers. Besides, it also approved the PLI scheme for Pharmaceuticals from FY21 to FY29 to promote production of high value products in the country and increase value addition in exports. That apart, on the coronavirus front, the Cabinet approved to vaccinate people above 60 years of age and those above 45 years of age with co-morbidities at 10,000 government and over 20,000 private vaccination centres, from March 1. Lastly an update for Karvy Stock Broking clients. Axis Securities has emerged as the successful bidder to takeover the Trading accounts held by Karvy with NSE, BSE, and MSE. The said transfer of Trading accounts is subject to the remittance of the bid amount and submission of the necessary documents in relation thereto. Global markets European shares opened generally higher on Wednesday but world shares remained in the red after a weak Asian session, even after Fed Chair Jerome Powell pushed back against inflation fears. Europe's STOXX 600 rose in early trading, up 0.1 per cent, Germany's DAX was up 0.4 per cent, but London's FTSE 100 was down 0.7 per cent. The MSCI world equity index, which tracks share

Nifty continued its downward journey for the fifth consecutive day as it plunged 306 points or 2 percent on Monday to close at 14,676, its lowest close since February 2. This was the highest single-day fall in the Nifty after December 21, 2020. Last week, Nifty violated the crucial support of the upward sloping trendline, adjoining the highs of January 13 and January 21, 2021. Nifty closed below its 20-day EMA supports and now the short-term trend has turned negative. On the weekly charts, Nifty has formed a bearish engulfing pattern, which is a bearish trend reversal indication. Indicators and oscillators like RSI and MACD have shown negative crossover coupled with negative divergence on the daily charts, which increases the chances of extension of the fall in Nifty. On the derivatives front, we have seen Call writing at 14,800-15,000 levels. On February 2, Nifty formed a gap between 14,336-14,470 which is yet to be filled and it may act as an immediate support zone for the Nifty.

Welcome to episode two of Showing Up with Babs and Eve. In this episode we update you on week one of Power Hour and how we're finding this challenge, we reflect on our experience 2020, as well as chat about what we've been watching, reading and listening to. We delve deep into what's going on in the world of education, and Babs discussing why the world seems to revolve around the USA. So get yourself comfortable! And if you'd like to join us in our challenge, or you would like to share your thoughts on anything discussed, please send us an email at showingupbabseve@gmail.com Music - Funky Garden by Ketsa. FreeMusicLibrary.org //Watching/Reading/Listening// Eve Watching: - The Great Pottery Throwdown (2015-) Available on Channel 4 Sunday Nights 7:45/8pm - Grizzly Man (2005) Directed by Werner Herzog Available on Amazon Prime Video - The Trial of the Chicago 7 (2020) Directed by Aaron Sorkin Available on Netflix Reading: - More Plants Less Waste: Plant-based Recipes + Zero Waste Life Hacks with Purpose (2019) Written by Max La Manna Listening: - Bicep - Isles (2021) Bicep - Apricots. Music video directed by Mark Jenkin https://www.youtube.com/watch?v=uwrq9lZ9Ngs Bicep Global Livestream II - Tickets available at: https://dice.fm/event/xm3kk-bicep-live-global-stream-ii-at-saatchi-gallery-830pm-gmt-26th-feb-uk-830pm-gmt-london-tickets Babs Watching: - Watching the Hills Whitney Port's YouTube Channel - Ice Dancing Canadian Team Scott Moir Tessa Virtue Available on YouTube Reading: - Linchpin (2010) By Seth Godin //Why the world seems to revolve around the US?// - Petrodollar system (https://www.thebalance.com/what-is-a-petrodollar-3306358) - USA deficit (https://datalab.usaspending.gov/americas-finance-guide/deficit/trends/) - Quantitative Easing (QE) (https://www.investopedia.com/terms/q/quantitative-easing.asp) - Government IOU (https://www.investopedia.com/terms/i/iou.asp) - The Federal Bank of America (https://corporatefinanceinstitute.com/resources/knowledge/finance/federal-reserve-the-fed/) - Cryptocurrency (https://www.investopedia.com/terms/c/cryptocurrency.asp) - Iraq War (https://www.britannica.com/event/Iraq-War) - How the US stole Iraq (https://youtu.be/C8YlGkoYXXM)

The Paycheck Protection Protection Program is available to small and minority businesses. President Phil Wahl and Executive Vice President Michael Strange discuss how Security Federal, as a Community Development Financial Institution, makes it easy to apply for funding. And, Gaylon Tootle tells us how Walton Options helps persons with disabilities.

The Paycheck Protection Protection Program is available to small and minority businesses. President Phil Wahl and Executive Vice President Michael Strange discuss how Security Federal, as a Community Development Financial Institution, makes it easy to apply for funding. And, Gaylon Tootle tells us how Walton Options helps persons with disabilities.

#federalbank #fintech #bankingsector #indianwomenbankers In this episode of 'Conversations with Priya', I talk to Shalini Warrier, Executive Director, COO & Business Head- Retail, of Federal Bank. We discuss how Federal Bank is one of the pioneers in terms of technology adoption in the banking sector, and how the sector is witnessing a new paradigm after the COVID-19. Ms Shalini shares her insights on how the future of banking will be and what do banks need to stay fit and profitable. Her experiences in Banking operations in different countries. Other topics include how Ms Shalini balances her work and family, Internet revolutionizing banking but also created several problems like personal/banking security and how does one ensure safe banking for customers.

In overnight trade, Wall Street closed higher as U.S. Treasury Secretary nominee Janet Yellen advocated for a hefty fiscal relief package before lawmakers to help the world’s largest economy ride out a pandemic-driven slump. Former Fed chair said the benefits of a big stimulus package are greater than the expenses of a higher debt burden.   President-elect Joe Biden, who will be sworn into office later today, last week laid out a $1.9 trillion stimulus package proposal to boost the economy and speed up the distribution of vaccines. The Dow Jones Industrial Average rose 0.38 per cent, while the S&P 500 gained 0.81 per cent. The tech-heavy Nasdaq Composite added 1.53 per cent. However, the Asian markets were unable to mirror the sentiment entirely and were trading mixed.  Investors assessed comments suggesting a tough line from Joe Biden’s incoming administration toward China. South Korea’s Kospi climbed 1.2 per cent and Australia’s S&P/ASX 200 Index advanced 0.6 per cent. However, Japan’s Topix index dipped 0.2 per cent. Meanwhile, Brent futures extended gains on Wednesday to top $56 barrel. On Tuesday, Brent oil rose past $55 a barrel — with some assistance from a weaker dollar — even as the International Energy Agency cut its demand outlook for the rest of the year. Consequently, tracking mixed cues from Asian peers and high crude oil prices, SGX Nifty futures traded 70 points lower at 14,486, indicating a comeback by the bears. That apart, Q3 earnings will continue to influence the market moves. In other news, investment through participatory notes (P-notes) in the domestic capital market rose to a 31-month high of Rs 87,132 crore at December-end, reflecting the bullish stance of FPIs. Now, a look at the stock-specific developments that are likely to sway the market today: Bajaj Finance, Bajaj Finserv, HDFC AMC, Havells India, Federal Bank and L&T Technology Services are among 36 companies set to post their December quarter numbers today. The government will sell its entire 26.12 per cent stake in Tata Communications, erstwhile VSNL, through an offer for sale and strategic sale route in the current fiscal. Meanwhile, Tata Communications posted over a five-fold jump in consolidated net profit at Rs 309.41 crore for the December 2020 quarter. Garden Reach Shipbuilders will conduct a roadshow on January 20-21 as the government looks to divest stake in the firm via offer for sale (OFS). Larsen & Toubro Infotech on Tuesday reported a 37.85 per cent jump in net profit to Rs 519.3 crore for the December quarter, mainly driven by a surge in revenue and margin expansion. A meeting of Board of Directors of Indian Bank is scheduled on January 22 to consider a proposal for raising of fund/equity capital. In an update on the primary market, the initial public offer of Indian Railway Finance Corporation was subscribed 1.22 times on the second day of subscription on Tuesday. The category reserved for non-institutional investors was subscribed 24 per cent and retail individual investors (RIIs) 2.33 times. Another IPO by Indigo Paints is all set to open for subscription today. The price band for the issue has fixed at Rs 1,488-1,490 per share. Most analysts have a subscribe rating on the issue, however, some are concerned about its valuations. The company on Tuesday mopped up Rs 348 crore from anchor investors ahead of its initial share-sale.

Bulls have been on the go, touching new highs in every session. Benchmark index Nifty on January 13 retraced to 14,440 levels but found support near 38.20 percent Fibonacci retracement from its previous intermediate low of 14,039 and witnessed a sharp recovery in the second half of the trading session. India VIX rose 1.94 percent from 22.85 to 23.29 levels. Volatility is moving upwards because of rising Call implied volatility (IV) and now it needs to cool down below 20 zones to form the higher market base. This week, prices have closed above the resistance of the upper band of the rising channel pattern on a weekly interval. Daily RSI (14) has closed above the 80 levels which is an extremely overbought zone. Previously on December 18, 2020, when daily RSI reached near 80 levels, Nifty witnessed a sharp single-day fall in the next immediate trading session. Now it has to continue to hold above 14,450 to witness a fresh move towards 14,750, while on the downside major support exists at 14,325 levels.

In the last couple of trading sessions, Nifty traded in the red in the initial hours but recovered all losses as the session progressed and ended near the day’s high levels. This indicates bulls were very aggressive where every dip in the prices was considered as a fresh buying opportunity in the market. On the weekly chart, the index has moved up in the unchartered territory. Also, the index has managed to move above 50 -day EMA on the weekly chart, indicating a bullish trend in the price. Weekly RSI has moved above the previous swing high, which again is an indication of increased bullishness. Momentum oscillator RSI (14) on the monthly chart has witnessed a falling channel pattern breakout and is currently reading above 60 levels with positive crossover. Analysing through Elliot wave theory, prices have completed its intermediate fourth wave and an ongoing rally can be considered as an intermediate fifth wave.

The domestic stock market ended around one per cent higher on Monday on the back of gains in financial and FMCG stocks. Positive global cues also boosted investor sentiment. Among headline indices, the S&P BSE Sensex settled 449 points, or 1 per cent higher at 40,432 levels and the Nifty50 index topped the 11,850-mark to settle at 11,873, up 111 points, or 0.94 per cent. ICICI Bank (up 5 per cent) ended as the biggest gainer on Sensex while Bajaj Auto (down nearly 2 per cent) was the biggest loser. The volatility index, India VIX, gained nearly a per cent to 21.82 levels. In the broader market, the S&P BSE MidCap index ended at 14,706, up 0.58 per cent while the S&P BSE SmallCap index ended at 14,851, up 0.43 per cent. Among sectoral indices on the NSE, Nifty PSU Bank index gained the most - up over 4 per cent to 1,323 levels. Nifty Pharma, on the other hand, declined 1.7 per cent. Now, let's focus on the buzzing stocks of the day. Shares of Amber Enterprises India ended nearly 13 per cent higher at Rs 2,459 on the BSE fter the government banned the import of air conditioners with refrigerants. The consumer electronics company's stock was trading at its fresh record high level. Bank stocks were in focus at the bourses on Monday and rallied by up to 6 per cent, after two private sector banks - HDFC Bank and Federal Bank - reported a healthy operational performance for July-September 2020 quarter of the current fiscal (Q2FY21). Shares of Bharti Airtel were under pressure on Monday, hitting a seven-month low of Rs 394 on the BSE. The stock ended at Rs 397 apiece on the BSE, down 1 per cent. Now, a look at the global markets. European stocks rallied on Monday as rising hopes of a coronavirus vaccine by the end of the year and a US fiscal package before elections offset concern over record daily infections in the region. Wall Street futures rose 0.9 per cent on the 33rd anniversary of the 1987 "Black Monday" crash, when the Dow Jones Industrial Average lost 22.6 per cent in one day, equivalent to a drop of about 6,500 points in the index today. In commodities, oil prices fell as concerns over surging coronavirus cases globally dampened the prospects for demand recovery while China’s third-quarter economic growth was weaker than expected.

The Indian markets plunged over 2 and half per cent in yesterday's session amid a global sell-off. Today, however, the SGX Nifty is indicating a positive start for the indices at 11,750-odd levels, up 60 points although global cues continue to remain weak to mixed. On Wall Street, the Dow Jones fell 0.07 per cent, the S&P 500 0.15 per cent and the Nasdaq dropped 0.47 per cent as investors feared that a resurgence in coronavirus cases and a lack of additional US fiscal stimulus would hobble the world economy. Asian stocks also came under pressure on Friday with Australia's ASX 200 and Japan's Nikkei down 0.06 per cent each. Korea's Kospi dipped 0.3 per cent. However, Hong Kong's Hang Seng index gained 0.4 per cent in early deals. Back home, given the volatility in the markets, investors might focus on stock-specific approach, while also tracking corporate results, Rupee's trajectory and Covid-related newsflow.  On the results front, IT services firm Mindtree yesterday posted a net profit of Rs 254 crore, a jump of 88 per cent year-on-year, in the September quarter of FY21. A cost-saving of around Rs 128 crore in other expenses helped the firm beat estimates, apart from operational efficiencies. A total of six companies, including HCL Tech, Bajaj Consumer Care, and Federal Bank are scheduled to announce their quarterly earnings today. Moreover, 11 other companies, including HDFC Bank, are scheduled to announce their numbers on Saturday. Like its peers, Infosys and TCS, HCL Tech is also expected to report healthy numbers for the quarter under review especially since in a mid-quarter update, the company's management had said that the revenue and the operating margin for the July-September quarter were expected to be meaningfully better than the top end of the guidance it had provided in July’2020. Meanwhile, HDFC Bank is expected to report a sub-20 per cent YoY growth in net profit for the third consecutive quarter. On Thursday, India registered a rise of 60,439 new Covid cases, taking the total count to 73.65 lakh, according to worldometer. The death toll, meanwhile, reached 1.12 lakh. IT firm Persistent Systems might trade actively today after the company announced that it will acquire Palo Alto-based Capiot. And now a quick look at other top news. Equitas Small Finance Bank has fixed the price band for its over Rs 500 crore IPO at Rs 32-Rs 33 per equity share. The offer opens on October 20 and closes on October 22. After contracting for six straight months, India’s exports rose 6 per cent to $27.58 billion in September on account of growth in shipments of drugs and pharmaceuticals and readymade garments. Exports stood at $26.02 billion in September 2019. The country's imports, meanwhile, declined 20 per cent to $30.31 billion in September.

Our military veterans give us so much, selflessly volunteering their precious time, energy, and strength to serve our country. Yet, when they return home from service, they're often left feeling underappreciated and have to face difficult hardships. Reassimilating into normal life can be tough — whether it's finding a fulfilling career, coping with PTSD, or just readjusting their state of mind, veterans and their families often feel like they're going about it alone.That's where Operation Finally Home (OFH) comes in. Operation Finally Home is a program that provides custom-built homes for veterans and their families, giving that home to them mortgage-free. The program was specifically created for veterans who had their time in service cut short because of injury. This uplifting gift to our heroes and their families is a fantastic way to show that they're truly cared for when they return home.

In part two of our special report into the Consent Order issued by the DFS NY against Deutsche Bank we look at its troubled relationship with FBME, the Cyprus based subsidiary of the Federal Bank of Lebanon and conclude that being a correspondent brings with it ethical issues that are not always there with direct client relationships.Support the show

Few Indian private banks such as HDFC Bank, Indusind Bank and Federal Bank have given select business updates on Q1FY21. Tune in to find out the key takeaways from their announcements.

The SGX Nifty is indicating modest gains at the open for the Indian markets today although traders can expect it to be a volatile session ahead of the expiry of futures and options contracts of May series, due later in the day. Moreover, the US-China tensions and India's growing Covid-19 tally might cap the gains.  According to Worldometer, the number of coronavirus cases in India has now exceeded 1.53 lakh with 4,367 deaths reported so far. Favourable global cues, however, are likely to give a lift to the Indian markets. US stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery. The Dow Jones rose 2.2 per cent, the S&P 500 gained 1.48 per cent, and the Nasdaq Composite added 0.77 per cent. Asian shares also ticked up in early deals. South Korea's Kospi was up 0.6 per cent, while Japan's Nikkei gained 1.4 per cent and Australia's ASX jumped 2.2 per cent. However, a major source of worry for the investors will be the US response to China on the issue of Hong Kong. In commodities, Brent crude futures was last down 1.73 per cent to $34.14 a barrel. Beside these, corporate results will continue to flow in. A total of 24 companies, including TVS Motor, Lupin, and Federal Bank, are scheduled to announce their March quarter results today. Now, let's move to some other top developments. The government has, for the second time, extended the deadline for bidding for the BPCL's privatisation by over a month to July 31. The Cabinet had in November approved the sale of government's entire 52.98 per cent stake in BPCL. Further, the central government is said to be assessing the cash position of state-owned companies and may ask them to ramp up dividend payouts and share buybacks as much as possible. The Sebi is unlikely to agree to India Inc’s demand of waiving financial results disclosures for the first quarter of this financial year. Sources said the general consensus was that such a move would lead to information asymmetry and wouldn’t uphold the interests of minority investors. And lastly, the Irdai has allowed the recently merged Punjab National Bank to hold promoter stake in two life insurance companies – PNB Metlife and Canara HSBC OBC Life Insurance. The Delhi-based lender holds 30 per cent stake in PNB MetLife and 23 per cent in Canara HSBC OBC Life Insurance. Read by Kanishka Gupta

"If you just take that risk, make that jump, that leap of faith...more often than not, the universe has your back." What happens when you are the most recognized voice on the planet? You turn that into a professional speaking career. Susan C. Bennett give Brad Szollose the scoop on what happens when you become an icon. About Susan C. Bennett: You may not know Susan Bennett, but you definitely know her voice! Susan is a voice actor, singer, and speaker whose voice has appeared on hundreds of radio and TV commercials for such clients as McDonald’s, Macy’s, Goodyear, Papa John’s, Fisher Price, and more. She is the voice of Delta Airlines gates worldwide, as well as hundreds of GPS and phone systems, but you probably know her best as The Original Voice of Siri. Susan has appeared on nationally televised programs The Mariah Carey Merriest Christmas Special, The Queen Latifah Show, CNN, Showbiz Tonight, The Jack & Triumph Show, the new To Tell the Truth, and she read the Top Ten list for David Letterman! Susan was born in Burlington, Vermont, and spent her youth in New England. She was always interested in music and acting, which she pursued during her four years at Brown University, singing in theater productions, and in the jazz band, “Conglomerate.” Susan was the leader of the singing group, The Chattertocks, as well. After graduation, she married NHL hockey player, Curt Bennett, and moved to Atlanta, Georgia, where Curt played for The Atlanta Flames, and Susan began her voiceover and singing career. Susan toured with Burt Bacharach as a backup singer, and later toured and traveled the world with Roy Orbison, also singing backup vocals, with a featured duet. She sang jingles as well for such clients as Coca Cola, Georgia Power, Kroger, and Krystal restaurants. It was after a jingle session that Susan was asked to voice a commercial when the scheduled voice actor didn’t show up. She discovered that voiceover was something she did well and enjoyed, so she got a vocal coach, an agent, and started on a career that is still going strong. Since revealing herself as the Original Voice of Siri, Susan has a new career as a speaker, working with people at Harvard, The Federal Bank of Atlanta, Tedx Talks, Women in Business, Business Professionals of America, SwiftFest, etc., Susan continues to live and work in Atlanta, Georgia, along with second husband guitarist and audio engineer, Rick Hinkle, of Audiocam Music. Susan and Rick had a private event band called “Interactive!” for more than two decades, and they still continue to work together in their 60’s and 70’s rock and soul band, “Boomers Gone Wild!” Check out Susan’s website at www.SusanCBennett.com to hear demos of her voice work and speaker events; or follow her on Instagram and Twitter @ SiriouslySusan; or check out her Facebook Fan Page, Susan Bennett-voice of Siri. Host: Brad Szollose --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Wisconsin's hemp industry is booming, and for good reason. We've got great farming roots, so it's only natural that our economy's structure should follow, right? Well, not always. Recently, we teamed up with our friends at First Federal Bank to launch the Keeping It Local Podcast. It's a show that connects listeners with local businesses, nonprofits, and community members who have unique and inspirational stories tied in with First Federal Bank's community bank difference.In this episode, we go over the difference between help and marijuana, highlight two hemp business owners and the uphill battles they've pushed through, how others are making businesses from hemp, the benefits of CBD, and more.

As part of the Cumulus Knoxville COVID-19 resource center, Home Federal CEO, David Reynolds describes, from a "local" perspective, how you should apply for Cares Act relief.

RadioLabour's Canada Report: The publicly owned Canada Infrastructure Bank is being used to subsidize the profits of privateering corporations.

The federal Reserves Bank was the Catalyst that started US National debts. The Federal Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913. The Federal Reserves neither Federal or Reserve unfortunately. How did we came up with 100 Trillion numbers. When you factor in Medicaid , Social Security, US National debts , and lastly international debts. We should address this problem with our politicians. This problem will affect all of us regardless of race or class. After leaving office they asked President Woodrow Wilson what was his biggest regret. He said it was signing the Federal Bank Act into law. Lastly the Federal Banking system is run and controlled by international bankers. To simplify it the Federal Bank is a scheme. Call in Let’s discuss --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/johnrosemberg/support

Markets ended a volatile trading session in the negative territory on Thursday after the Reserve Bank of India (RBI) paused during the fifth bi-monthly monetary policy and kept the repo rate unchanged a 5.15 per cent. The benchmark S&P BSE Sensex closed at 40,780 level, down 71 points or 0.17 per cent, while the Nifty50 index settled at 12,018 level, down 25 points or 0.21 per cent. In the broader market, the S&P BSE mid-cap index slipped 0.23 per cent to settle at 14,868.85. The S&P BSE small-cap index, however, ended 0.1 per cent higher at 13,468.89 level. At the December monetary policy meeting, the RBI took a breather and kept the repo rate unchanged, even as it said the monetary policy committee sees scope for a rate cut in the February review meeting. Addressing the media, RBI governor Shaktikanta Das said it is important to deliver rate cut at the right time, where the effect could be optimised. He added, the RBI wanted to see what possible measures the government would take to address the slowdown, including under Union Budget for FY2020-21.  The MPC, however, sharply revised the FY20 gross domestic product (GDP) forecast to 5 per cent from previously projected growth rate of 6.1 per cent on weak domestic and global demand.  The RBI, in its policy statement, said it would maintain the 'accommodative' stance as long as it was necessary to revive growth while ensuring that inflation remains within the target band of 4 per cent, +/- 2 per cent. Remember, the retail inflation in November inched up 4.62 per cent on higher vegetable prices. Consequently, the CPI inflation projection has been revised upwards to 5.1-4.7 per cent for the second half of the financial year 2019-20 and 4.0-3.8 per cent for the first half of 2020-21. That apart, the governor said on Thursday that the aggregate exposure of a lender to all borrowers at any point of time, across all non-banking financial company peer-to-peer platforms, will be capped at Rs 50 lakh, against Rs 10 lakh at present. The cap on the exposure of a single borrower, however, remains at Rs 50,000 across all NBFC peer-to-peer platforms. Stocks that saw major movements today:   Shares of rate-sensitive sectors, mainly banking and automobiles, slipped up to 3 per cent after the Reserve Bank of India (RBI) maintained the status quo on repo rate at 5.15 per cent. Punjab National Bank (PNB), YES Bank, RBL Bank, State Bank of India (SBI), IndusInd Bank, Canara Bank and Federal Bank from the banking space; and Ashok Leyland, Tata Motors, and Motherson Sumi Systems from the automobiles pack were the top drags on the NSE. On the upside though, Shares of Polycab India continued their upward journey, and hit a new high of Rs 1,090.8, up nearly 10 per cent on the BSE today, on the expectation of strong earnings going forward. The stock of the fast-moving electric goods (FMEG) company zoomed 100 per cent from its recent low of Rs 525, touched on August 22, 2019. It settled 4 per cent higher on the BSE at Rs 1,037 per share. Here is how global markets performed today: Stock markets in Asia inched up on Thursday on the possibility that China and the United States may soon seal a “phase one” deal to end their 17-month trade war, but conflicting messages from US President Donald Trump kept a lid on the advance. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.5 per cent, Japan's Nikkei stock index rose 0.7 per cent, and Australian shares were up 1.2 per cent. European index STOXX 600, too, was ruling 0.27 per cent higher in the early trade today.

In this episode I am joined by Liqian Ren, Director of Modern Alpha at WisdomTree. After receiving her degree in Computer Science, Liqian came to the United States to pursue her Masters in Economics.  Liqian then did a quick stint at the Federal Bank of Chicago as an associate economist, before returning back to academia to pursue her PhD at the University of Chicago. In 2007, Liqian joined Vanguard’s Investment Strategy Group, where she leveraged her background to perform economic and capital market forecasts, studies on asset allocation, and research into topics such as retirement income and investor behavior. Liqian eventually transitioned to Vanguard’s Quantitative Equity group, where research efforts were focused on deep, stock-level signals analysis and portfolio construction.  Becoming one of the first to act in a dual capacity research / portfolio manager role, Liqian developed a deep appreciation for implementation-aware research. We spend much of our conversation talking about factors in both theory and practice.  We hit subjects such as the risks of delayed implementation, mixed versus integrated portfolio construction, opportunities for factor timing, active versus indexed implementations, and how factors fit within a glide path. Finally, we discuss Liqian’s new role at WisdomTree and new areas of research she is excited to pursue. I hope you enjoy our conversation.

Mr Rice looks at when are you required to give your social security number and what are the numbers on the front and back of your social security card. Call in 323-642-1586  

In this episode we are privileged to host Bill Strauss, Senior Economist and Economic Advisor at the Federal Bank of Chicago and the Fed’s leading expert on US manufacturing. Bill offers perspective on the slow recovery of the US manufacturing sector from the Great Recession and on the much-discussed issue of manufacturing productivity. The interview then turns to various elements of US manufacturing competitiveness including technology, workforce, and the value of the dollar. The discussion concludes with Bill’s thoughts on manufacturing subsectors.

Here are the top cryptocurrency news headlines from India this week:Cryptocurrency vs RBI case hearing will now be in July: https://cryptodost.io/news/supreme-court-adjourns-rbi-vs-cryptocurrency-case-matter-will-now-be-heard-in-july.html Coindelta exchange shuts down due to RBI banking ban: https://cryptodost.io/news/coindelta-exchange-shuts-down-wazirx-and-bitbns-offer-withdrawal-fee-refund.htmlWazirX becomes an international exchange: https://cryptodost.io/india/wazirx-is-now-an-international-cryptocurrency-exchange.html India’s Federal Bank partners with Ripple to use its technology for cross border payments: https://cryptodost.io/news/federal-bank-partners-with-ripple.htmlCoinDCX adds BNB market on its exchange: https://cryptodost.io/altcoins/coindcx-adds-bnb-market-on-its-exchange.htmlBlockchained India conducts its fourth town hall in Bengaluru.

Today's blockchain and cryptocurrency news Bitcoin is down .5% at $4,112 XRP is up 1% at 30 cents and Ethereum is down 2.5% at $139 The Universal Protocol Alliance launching a Euro-pegged stablecoin next month with a potential 8% annual return. XMR.TO, a privacy service for bitcoin transactions, will no longer serve US customers. Federal Bank, a leading private sector bank in India, has announced that it has partnered with Ripple Japan’s largest railway company has received a proposal for a new crypto payment system for transport card.

Take up arms beside the tragic hero Folliclese to battle sci-fi monsters from the future and talking hats from the past. Hosted and created by hnkH (Andrew Prensky, V Silverman, and Ben Stern) Opening theme - “Laid Back” by Antti Luode. A fully-haired song indeed. Send us theories about which species is breeding humans to their own specifications: Patreon bit.ly/FLPatreon Google form bit.ly/fuzzpodTwitter @fuzzylogicpodFacebook Fuzzy Logic Pod Tumblr FuzzyLogicPodEmail fuzzylogicpod@gmail.com

Market Analyst, Nadir Tokhan of 27-Four Investment Managers looks at South African markets as Federal bank decide to interest rates on hold and Sasol earnings and Samsung earnings out

Maria Hampton is competitive by nature and has a strong passion for success. Hampton is the vice president and senior executive of the Federal Bank of St. Louis Louisville branch which is focused on community development and education, as well as regional economic research and policy input. Hampton’s responsibilities include western Kentucky, metro Louisville and southern Indiana. Before joining the Fed, Hampton was president of the Housing Partnership Inc. (HPI), a nonprofit corporation focused on creating affordable housing and neighborhood redevelopment in the Louisville area. Previously, she worked for 26 years with Bank One Kentucky (formerly Liberty National Bank) as an executive in the areas of retail banking, operations, marketing, and strategic planning. Hampton is a graduate of Springhill College and attended graduate and executive programs at Harvard and the Darden School of Business.

Robert explains why rich people do not save money. Or participate in a 401(k). Or avoid debt. A Federal Bank insider and Wall Street insider join Robert to reveal how these institutions’ policies are often abusive to the financially uneducated, but can be lucrative for those with financial education. Learn more about your ad choices. Visit megaphone.fm/adchoices

According to the latest report by the Federal Bank of New York analyzing the fourth quarter of 2016, consumer borrowing is trending up.  New auto borrowing increased at a faster pace than credit card and mortgage borrowing.  The money spigot is opening so fast that subprime lending is also growing rapidly.   In America, we need and love our cars, but we don't always love the process of buying them.  Listen to this episode of the Consumer Rights Talk to learn more about common frauds to look out for and what you can do about it.

BYU's Brad Agle talks Wells Fargo and corporate ethics. Pia Orrenius, Federal Bank of Dallas, explains immigrants' effect on the US economy. Columbia University's Robert Erikson on how presidential races affect down-ballot voting. Chivalry is not dead, says Brown University's Oriel FeldmanHall. Lee Roosevelt, University of Michigan, reports more women fear childbirth. Worlds Awaiting host Rachel Wadham.

Business from cannabis is growing fast in Florida; some of it regulated tightly, and some of it without rules. But all of it comes with cash that the banking industry is reluctant to touch. The first legal industrial hemp seeds in decades are growing now in South Florida soil. CBD is showing up in ice cream, gummy bears and cocktails, but the state says the products are illegal. And millions of dollars are being generated by the medical marijuana industry in Florida, but few banks want the money. Most banks are not interested in touching any cash that touches cannabis, but not First Federal Bank. It started as a small savings and loan bank in 1962 in Live Oak, Florida. The bank offered its first checking account in the 1980s. The bank's first cannabis customers were from California, but First Federal insists the money in the bank from California isn't directly from selling marijuana. Instead, the California money has been generated by companies there selling parts of themselves to raise money. But in Florida, First Federal is banking business generated directly from the seed. "Any time that you have the actual product and you have cash involved, that's really what requires the heightened regulatory standards."