Jamaica's Premier Financial Factsheet: To Enlighten, Enrich, and Engage.
Jamaica Gleaner: “Oh God! Oh no! OLINT!”
In the United States town of Windermere in Florida, Pastor Ainsley Blair convinced dozens of people to invest millions with the David Smith-headed Olint. In Jamaica, a similar message went out from several church pulpits as clergymen told their congregations about the “heaven on earth” that was being offered by the huge returns on investments in Olint.
Jamaica Gleaner: “First Global Cuts Rates Too”
First Global Bank (FGB), Jamaica’s smallest domestically controlled commercial bank, has joined its larger peers in slicing lending rates. The two percentage-point cut drops the bank’s base rate to 18.75 per cent, effective September 1.
Jamaica Gleaner: “US Fiscal and Monetary Policy, Keys to Global Recovery”
Last Thursday, James Bullard, president of the Federal Reserve Bank of St Louis, came out with a view that’s gaining ground among members of the Federal Reserve Board.
Jamaica Observer: “Fixed Income Investing – Fixed Income Mutual Funds”
Over the past few weeks we have been discussing investing in fixed income securities directly, however for a fixed income investor who wants to diversify his or her fixed income holdings, it may be difficult to effectively do this, as the minimum requirements to invest in each fixed income security may be prohibitive,..
Jamaica Observer: “Is the economy improving?”
Over the past few weeks there has been much debate about whether the macro-economic measurements are any indication of improvements taking place in the economy, and by extension whether we are witnessing the start of an economic turnaround.