Running feels great unless you compare it to not running. While here in Northern California for a board meeting, I received, “I read your capital markets section every day because I can understand it, but can you please knock off using ‘basis points’? They are confusing.” I admit they take a while to understand, but easy to compare & convert the two. 1 percent is 100 basis points. 50 basis points is ½ of one percent. 75 basis points is ¾ of one percent. I mention this because “seventy-five basis points is the new 50 basis points.” Everyone was expecting ½ percent increases in Fed Funds, but no more. A relentlessly hawkish Federal Reserve is ramping up market expectations for big interest rate hikes that would have been considered unthinkable (and market crippling) just two months ago. Nomura says that the FOMC will hike the fed funds rate by 75-basis points in June and July after a 50-basis point rise in M
Langille One-Two In Nova Scotia Stake | Standardbred Canada
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American Homeowner Preservation Announces New Chief Revenue Officer Tim Gillis
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American Homeowner Preservation Announces New Chief Revenue Officer Tim Gillis
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of deadly torn . you re watching cbs 5 eyewitness news in high-definition. amid the devastation, reason to hope. the aftermath of deadly tornadoes. democratics, republicans and advertisers can all agree on one thing, rush limbaugh went too that far. the fallout from his rant against a college student. why both sides say putting teens to work is a win-win. good evening. i m ann notarangelo. people were left where to begin cleaning up? rescue crews were busy looking for survivors. susan mcginnis with the story that is giving crews reason to hope. reporter: first-responders combed through the rubble, searching for the survivors. we hope we haven t let any stone unturned. reporter: this crew picked up a photo album that they hope to get to its owner. we have had several families say after the fact, they will say that is the only picture we found. that is all we have left of our family. reporter: the tornado demolished the town, sending a school bus into a building