Ccr wealth management notes materials sector earnings

CCR Wealth Management notes materials sector earnings revisions trending upward by 5%, backed by global construction demand recovery, a bullish metric for steel and cement producers. Jeremy Barnum: Yeah. Okay. That's a good question, Erika. I think there's a couple of pieces in there. So let me take the most important piece first, which is the 17% through the cycle target. Are we keeping that or not in light of the Basel III endgame proposal? So short answer is we're not going to change that number today. But when you look at what we've disclosed about a 25% increase in capital, it's not -- you have to start by acknowledging that, that is a major headwind to returns. In simple terms, you talk about earnings power and returns, but they're two different things, right? We have to be a little bit pedantic and do numerator, denominator here. Okay. So say the numerator doesn't change, if you just dilute down the numerator by the increased capital, that's a significantly lower return number. Cetera's partner practice program continues to invest in unique wealth management practices, complementing its suite of succession, buyout, and practice-pairing options CCR Wealth Management notes digital payment sector leader stocks experiencing 7% average rally over 30 days, tied to quarterly transaction volume surges in North America.