Chart: The World’s Largest 10 Economies in 2030

via visualcapitalist: The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Today’s emerging markets are tomorrow’s powerhouses, according to a recent forecast from Standard Chartered, a multinational bank headquartered in London. The bank sees developing economies like Indonesia, Turkey, Brazil, and …

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IRS Free File opens today

by these-things-happen Starting today, taxpayers can go to www.irs.gov/freefile to find the Free File software product that matches their situation. Each partner sets its own eligibility standards, generally based on age, income or state residency. Taxpayers can do their taxes online from …

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BEAR THESIS

via @OccupyWisdom : 1/ Excessive debt, particularly in corporates ~70% of GDP. Raising rates vs. earnings 2/ Global banking/financial houses signaling crisis/instability now – German banking index, Italian banks, US financials down 2x broader market – Banks/Financials leading down 3/ Divided domestic …

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There is only so much gov’t & fed can do to prop stocks, at some point, the market will figure out the global economy continues to implode.

There is only so much gov't & fed can do to prop stocks, at some point, the market will figure out the global economy continues to implode. pic.twitter.com/uKrfk6pwhr — Alastair (@StockBoardAsset) January 11, 2019 https://twitter.com/GreekFire23/status/1083843957539393536 The big declines in the …

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US marginal an net tax rates

by ButterflyCatastrophe I’ve seen a lot of comments about people not understanding marginal tax rates, so I made a graph comparing the marginal tax bracket with the effective tax rate as a function of income. These graphs start at 0, because …

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Ford Motor Co. said it will cut thousands of jobs in Europe

https://www.bloomberg.com/news/articles/2019-01-10/ford-to-cut-thousands-of-jobs-in-europe-eyes-plant-closures Ford Motor Co. said it will cut thousands of jobs, weed out slow-selling variants and potentially close entire factories in Europe, as the carmakers’s global cost-cutting drive targets a region that has been a drag on earnings for years. …

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Looking at stock valuations as a multiple of sales, the U.S. reached a level of overvaluation last January only seen once before in the last three decades — during the dot-com bubble of 1999 and 2000

via Bloomberg:   hat just happened? I last wrote one of these newsletters on Dec. 20, the day after the last Federal Reserve monetary meeting. (More on my disappearance later in this commentary.) Since that date, stocks have staged a spectacular decline worldwide, …

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SHUTDOWN DOOMSDAY SCENARIO

via NBCNEWS: The country would face an economic hellscape if the government shutdown lasts “months or even years,” as the president has suggested it might, experts tell NBC News. The doomsday scenario might be unlikely — the longest the federal government has …

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