Genevieve Roch-Decter - Profile and Journalist Details
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Genevieve Roch-Decter
Verified
CEO, Grit Capital
Beats
personal spending/saving, health entrepreneurs, travelpersonal finance, small business technology, retirement money
Politics, economics, medical news
Content
By Genevieve Roch-Decter| Grit Capital@ The FED might be winning the war on inflation. Their preferred metric for inflation the PCE Inflation Index surprised below expectations at 4.1%. PCE inflation is now at the lowest reading since 2021. The trend is finally our friend!â Rainy day funds at Americaâs biggest banks might be getting bigger. Under new rules proposed by US regulators, banks with over $100 billion in assets would need to raise their capital requirements by ~20%. The bigger the bank, the bigger the requirement.
By Genevieve Roch-Decter| Grit Capital@ *This is sponsored advertising content and the disclaimer at the bottom of this email MUST be read carefully. Hold onto your coffee cups, 'cause we're kicking off the day with GREAT news! GDP soars to 2.4% in Q2 2023. This is up from 2% in Q1. The “for sure recession" is nowhere in sight - it vanished like a magician's trick!🏘️ Sales of new single-family US homes fell 2.5% in June to 697k. The previous month’s sales were also revised down significantly from 763k to 715k.
By Genevieve Roch-Decter| Grit Capital@ The FED might be winning the war on inflation. Their preferred metric for inflation the PCE Inflation Index surprised below expectations at 4.1%. PCE inflation is now at the lowest reading since 2021. The trend is finally our friend!â Rainy day funds at Americaâs biggest banks might be getting bigger. Under new rules proposed by US regulators, banks with over $100 billion in assets would need to raise their capital requirements by ~20%. The bigger the bank, the bigger the requirement.
Company Info
Grit Capital
Grit Capital Partners is a venture firm that invests in applied AI startups, focusing on those that are disrupting sectors like fintech, commerce, media, and marketing. They specialize in pre-seed and seed-stage investments, assisting founders in achieving product-market fit and securing further funding. The firm offers investment and strategic support to startups, providing expertise in areas such as talent acquisition, fundraising, and go-to-market strategies. Grit Capital Partners has a network that includes technology incumbents, industry leaders, and aligned investors, which helps them guide and support the companies they invest in.
Canada, Canada
Founded: 2021