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Tag: Patience

Business Leaders from Finance, Technology, Retail and Hospitality Call For Civility and Patience Ahead of The 2020 Election | News

October 14, 2020
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| finance

WASHINGTON, Oct. 14, 2020 /PRNewswire/ — In partnership with the Leadership Now Project, more than 50 of our nation’s business leaders released a statement: “America Has Held Successful Elections Amid Crises Before. We Can and Must Do So Again,” which underscores the importance of maintaining confidence in an election held during an unprecedented health crisis. Signatories include Greylock Partner and LinkedIn Co-Founder Reid Hoffman, D. E. Shaw & Co. Managing Director Eddie Fishman, The Baupost Group CEO Seth Klarman, Lumi Labs Co-Founder and former Yahoo CEO Marissa Mayer, Harvard Business School Professor Michael Porter, General Assembly CEO Lisa Lewin, KIND Snacks Executive Chairman Daniel Lubetzky and K1 Capital Management CEO Neil Malik, among other leaders.

With an unprecedented number of Americans voting by mail because of the pandemic, officials have consistently stressed that we may not know the outcome

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Analysis: U.S. Bank Stocks Are Fine, if You Are Rich in Patience | Investing News

October 10, 2020
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| business

(Reuters) – The U.S. bank sector has been pummeled this year but investors hunting for bargains there may need deep reserves of patience as banks are particularly sensitive to low interest rates, the uneven economic recovery and the muddy stimulus outlook.

The S&P 500 Bank subsector , which kicks off its third-quarter earnings season on Oct. 13, was last down 33.7% for the year-to-date compared with a 5.8% gain for the S&P 500 index.

Banks have been such a drag on the broader S&P financial index that its 19% year-to-date decline is second only to energy’s 49.9% drop among the S&P 11 major sectors.

To be sure, if lawmakers in Washington manage to reach an agreement, a new fiscal stimulus package could help banks if it boosts U.S. loan growth, interest rates and economic activity.

And the bank index is up 12% from its intraday trough on Sept. 2 to

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U.S. bank stocks are fine, if you are rich in patience

October 9, 2020
| No Comments
| business

By Sinéad Carew

(Reuters) – The U.S. bank sector has been pummeled this year but investors hunting for bargains there may need deep reserves of patience as banks are particularly sensitive to low interest rates, the uneven economic recovery and the muddy stimulus outlook.

The S&P 500 Bank subsector , which kicks off its third-quarter earnings season on Oct. 13, was last down 33.7% for the year-to-date compared with a 5.8% gain for the S&P 500 index.

Banks have been such a drag on the broader S&P financial index that its 19% year-to-date decline is second only to energy’s 49.9% drop among the S&P 11 major sectors.

To be sure, if lawmakers in Washington manage to reach an agreement, a new fiscal stimulus package could help banks if it boosts U.S. loan growth, interest rates and economic activity.

And the bank index is up 12% from its intraday trough on

… Read More

Read More »

Posted in %1$s Tagged %1$s

The Importance Of Patience In A Business

May 3, 2020
| No Comments
| business

Patience is a virtue that has long been preached in many circles. It is important in many aspects of life. This is especially true when it comes to success in a small business. Owning a small business is not for the impatient person. Success in a small business requires a commitment to be in it for the long run. This article will discuss two key reasons why patience is important in a small business and why it would do a business owner good to learn to wait things out.

#1: Small Business Results Are Often Seen Over The Long Term

It’s always important to be realistic in your expectations as far as results are concerned. Remember that your business will always have competitors and often times these competitors have an edge over you in terms of experience and maybe a superior product. This does not mean that you cannot see … Read More

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