@livemint Corporations exist for the betterment of society and not the other way round… that’s something people are yet to understand.. nobody is taking away the fiduciary responsibility of companies in doing so
The Basics of a Balance Sheet explained from scratch 🧮➕➖➗
In this thread we will talk about -
1. What is Balance Sheet
2. How Balance Sheet is made?
3. Each line items of Balance Sheet
4. Why it is important
Retweet for max reach!
What just happened Today
1) Inflation came at 5%, highest in 29yrs in the USA
2)10yr Bond yields corrected to 1.46% (Yes it went down)
3)Nasdaq up 0.8% as bond yields r stable
markets are really confident that inflation is just a temporary event, game changes to FED next week
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