Bearing & Drive Systems (BDS)’s Post

Sharing the results from our recent poll—did you get it right? 😅 Take a look at the correct answer, and let's hear your thoughts. Join the conversation below! #didyougetitright #quiz #bearingsolutions #bds #bmc

Behind the question mark lies something incredible🎊👀 Can you guess what milestone we’ve hit? 🤔 🚨Stay tuned with #MCPro for the big reveal tomorrow! https://lnkd.in/gaCPFkP Nalin Mehta Ravi Ananthanarayanan #Moneycontrol #BigReveal #StayTuned #Moneycontrol #TheCountdownIsOn

The Week Ahead GS, UNH, JNJ, AXP, NFLX, BLK, BAC, PGR, MS, PNC, JBHT, USB, KMI, UAL, ALLY, ABT, BX, DPZ, TSM, HAL, TRV, ARDT, TWFG, LRTX, RECT, CIFR, SOUN, ZAPP, TSLA, HELE, HLVX, INDV, BSFC, VLCN, GES. The spotlight next week will shift somewhat to the second quarter earnings season from the Federal Reserve and monetary policy. Market watchers will receive results from several major names, including Dow 30 components Goldman Sachs (GS), UnitedHealth (UNH), Johnson & Johnson (JNJ) and American Express (AXP), along with streaming giant Netflix (NFLX). The Fed will still garner some attention as traders will be keen to hear from a jam-packed slate of central bank speakers, just ahead of the pre-monetary policy meeting blackout period. In terms of the economic calendar, after a fortnight of labor market and inflation indicators, activity data will pick up in the form of the latest retail sales and industrial production reports. Earnings spotlight: Monday, July 15 - Goldman Sachs (GS) and BlackRock (BLK). See the full earnings calendar. Earnings spotlight: Tuesday, July 16 - UnitedHealth (UNH), Bank of America (BAC), Progressive (PGR), Morgan Stanley (MS), PNC Financial (PNC), and J.B. Hunt Transport (JBHT). See the full earnings calendar. Earnings spotlight: Wednesday, July 17 - Johnson & Johnson (JNJ), U.S. Bancorp (USB), Kinder Morgan (KMI), United Airlines (UAL), and Ally Financial (ALLY). See the full earnings calendar. Earnings spotlight: Thursday, July 18 - Netflix (NFLX), Abbott Laboratories (ABT), Blackstone (BX), Domino's Pizza (DPZ), and Taiwan Semiconductor Manufacturing (TSM). See the full earnings calendar. Earnings spotlight: Friday, July 19 - American Express (AXP), Halliburton (HAL), and Travelers (TRV) See the full earnings calendar. IPO watch: Hospital and healthcare clinic operator Ardent Health Partners (ARDT), insurance services provider Twfg (TWFG), and biotech firm Lirum Therapeutics (LRTX) are expected to price their IPOs and start trading in the week ahead. The analyst quiet period ends on Rectitude (RECT) to free up analysts to post ratings. Data Volatility watch: Options trading volume is elevated on Cipher Mining (CIFR) and SoundHound AI (SOUN). The most overbought stocks per their 14-day Relative Strength Index include Zapp Electric Vehicles Group (ZAPP), Tesla (TSLA), and Power Solutions (OTCPK:PSIX). The most oversold stocks per their 14-day Relative Strength Index include Helen of Troy (HELE), HilleVax (HLVX), and Indivior (INDV). Short interest has moved higher on Blue Star Foods (BSFC), Volcon (VLCN), and Guess? (GES). What You Missed... Donald Trump 'fine' after assassination attempt from mad gun man shooting. Arbor Realty stock drops after report of federal probe, short seller attacks The top growth stocks, ranked by Seeking Alpha analyst ratings Nvidia leads slide as investors rotate out of mega tech Goldman lists its top 25 Bill Gross: Tesla is acting like a meme stock

The #FTC Report Is a Colossal Self-Own One of the most powerful sections from the FTC “interim report” on #PBMs is the attached slide, showing the avalanche of #consolidation and #verticalintegration that the #Big3PBMs achieved over a multi-year period. The chart, which has been used by others, including the #Kentucky #AG in that office’s #insulin #drugpricing case against both PBMs and #drug manufacturers, is ultimately a colossal self-own. The real strength of the #FederalTradeCommission Report is the tale that it tells of the massive consolidation and vertical integration by the 3 largest PBMs over a 21 year period from 2000 to 2021. The Report is at its most forceful when it hammers away at the sheer size and incredible implications of this consolidation and vertical integration. It’s an intuitively compelling argument. Unfortunately, it’s also an unconscious self own that points at the systematic failure of both FTC and #DOJ to assess the #competition risks that were posed by this c and vi. Both agencies had over 2 decades to act and, by FTC’s own account, miserably failed to do so. Every flourish of #rhetoric that condemns PBMs for the “power” that they have attained through this process of consolidation and vertical integration poses difficult questions about why, if in fact that process was #anticompetitive and a threat to #consumers, something wasn’t done to stop it. I suspect there are folks at the #oversightcommittees in #Congress and the #media who are beginning to ask that question. Every finger FTC points at the PBMs leaves 4 more pointed back at FTC and the #DepartmentofJustice. Unfortunately, for FTC, it’s hard to look at this chart and not ask the question, if c and vi, in fact, pose the problem that FTC says they do, why the agency was asleep at the switch—for 2 decades. This inevitable line of attack for critics of FTC and DOJ explains the otherwise somewhat baffling argument that is made repeatedly by the dissenting commissioner in her letter that seeks to pick apart the Report. Again and again, she faults FTC staff for failing to “empirically”, at least to her satisfaction, demonstrate why FTC‘s conclusions about a “competitive” PBM market in 2005 don’t remain valid today by revisiting that 2005 report. Critics have reacted to that part of the dissent letter calling it “absurd“, “operating with blinders on”, and “ignoring almost 20 years of consolidation and vertical integration“. But I don’t think it’s “ignoring“ the history at all. I think that it reflects a natural defensiveness in the face of the inevitable conclusion that springs from the FTC Report and the history it presents. It’s anticipating the inescapable question: when did the 2005 report stop being accurate and why didn’t FTC act then? There may be no good answer to that question. #managedcare #healthcare #healthinsurance #insurance #pharmacy #pharmacists #pharmacies #LTCpharmacies #LTC #specialtypharmacies #mailorder #340B

Download our latest tip sheet for a breakdown of important changes in the FY 2025 LTCH PPS and IPPS final rule, as well as recommended actions for providers to take. Download now: https://ow.ly/TGvb50RBY8Y #ltach #ltch #fy25ltchippsfinalrule

VA Form 20-0995 is used by veterans who disagree with the VA’s decision on their claim and want to file a “supplemental claim” that adds new evidence to support their claim. When you submit a supplemental claim, the VA will review the new evidence and decide whether it changes their decision. In general, Form 20-0995 can be submitted at any time. There is no deadline. However, if you want to preserve your original effective date (and thereby maximize any potential back pay), you must file it within 1 year of the date the VA mailed its decision. In Part II of the Supplemental Claim form, you’ll need to list each issue in your VA decision that you want to have reviewed in the claim. Then list the date of the decision notice for each. In Part III, you need to gather your new and relevant evidence. 1. If you have this evidence with you, write your name and file number on each page and attach it to form 20-0995. 2. If you want VA to gather any non-federal records for you, you will need to print, fill out, and attach the proper authorization forms to form 20-0995. 3. If you want to gather any federal records, you will need to list the names, locations, and dates of those federal records. The evidence in your supplemental claim must be both new and relevant. This means (1) the VA did not have this evidence for its prior decision, and (2) the evidence is related to the issue being disputed. 

Veterans, your VA claim process just got easier. From October 1-15, our Chart Review service is 10% OFF – just $269. 🎯 Our expert team reviews your medical records, ensuring only the most relevant and important evidence is presented to claim raters. Simplify your VA disability claim and get the benefits you deserve. #VeteranSupport #VAClaims #ChartReview #MedicalRecords #Medicalevidence #Disabledveteran

💎 RLC has recently encountered significant developments in the market. There is potential for RLC to retest the Bullish OB around $3.55 before resuming its upward movement and possibly reaching our target area. 💎 However, if RLC fails to bounce and instead breaks down below the Bullish OB, the next support level to watch for is around $2.8. 💎 The demand area holds significant importance, as a strong bounce from this level could signal continued upward momentum for RLC. However, if RLC breaks down below the demand area, it would indicate a shift to bearish sentiment, potentially leading to further downward movement.

Did you catch our own Bradley Myles at this week's FMS Forum Conference? If you missed Bradley's talk and would like to learn more about CECL Model Benchmarking, check out our website at https://lnkd.in/dqdxuds or reach out. We'd love to connect! #creditunions #communitybanking #modelriskmanagement #deposits

It’s not the stats that matter; the imperative here is that everyone needs to plan for their future long term care—life sneaks up on us. Stop and devote some time and attention to looking at funding options. This ensures that what you choose for care( who-where-how much-what kind of care) will be a smooth transition which your family and friends can facilitate easily. Planning absolutely creates peace of mind. Long term care insurance is an important part of retirement planning. #longtermcareinsurance #longtermcareplanning #caregiversupport #planforthefuture