Apple Inc.’s personal computer shipments declined by 40.5% in the first quarter, marking a tough start to the year for PC makers still grappling with a glut of unsold inventory. Shipments by all PC makers combined slumped 29% to 56.9 …
President Joe Biden’s proposed capital gains tax increase could result in an effective tax rate of over 100 percent after adjusting for inflation, according to estimates by economist Arthur Laffer, a former adviser to Ronald Reagan. The increase would more …
via aljazeera: United States President Joe Biden will call on Congress to impose a 25 percent minimum tax on billionaires as part of a series of proposed tax hikes on wealthy individuals and corporations, according to a US media report. Biden’s …
Censorship has always been a favorite tool of rulers and elites to keep people in line. The appetite for censorship in Western societies has waxed and waned, but censors have had a hard time keeping control of speech, as the …
by SilverBoatSurfer There was also a massive US bailout then. I’m not convinced they can print their way out of what’s coming this time around.
Russia Consolidates Gains, Prepares Further Advances in Ukraine, Says Land Bridge to Crimea ‘Complete’, Confirms Ukraine Must Surrender Kherson, Zaporozhie
https://www.marketwatch.com/story/hedge-fund-tiger-global-loses-17-billion-due-to-tech-stock-rout-11652189689 The hedge fund Tiger Global has lost roughly two-thirds of the cumulative gains it has made for investors since its inception in 2001, according to data from an investor that tracks the industry. LCH Investments estimates Tiger Global has …
by laflammaster Caption: The Fed will stop posting unrealized gains from banks within a month. https://www.federalreserve.gov/releases/h8/current/default.htm
OIL FUTURES EXTEND GAINS, BRENT CRUDE UP $8 A BARREL — zerohedge (@zerohedge) March 8, 2022 https://twitter.com/JTSEO9/status/1501210067739328516 Rabobank: The Ukraine War Is Still Not Priced In https://t.co/LiiNDgy020 — zerohedge (@zerohedge) March 8, 2022 https://twitter.com/GreekFire23/status/1500946798847873024
$ndx in bear market -20% pic.twitter.com/4a0UMRwqNU — Álvaro Oviedo (@alvoviedo) February 24, 2022 A year of gains are now gone in the Nasdaq. pic.twitter.com/y08DRSbcn5 — Mac10 (@SuburbanDrone) February 24, 2022 Tech went green briefly, cyclicals getting smoked. A clear sign …
by laflammaster https://www.federalreserve.gov/releases/h8/current/default.htm Looks like they are trying to approach the market like the apes. Trying to form diamond hands out of shit in their hands. Problem: Those securities were pumped by the Fed.
by laflammaster Big banks accounting ~$7.5B of this on all securities. Big banks MBS & Treasury drop of $4.8B – meaning $2.7B was on other securities (including equities).
by Delicious_Reporter21 There is an interesting article back from 2018 that says If you had bought the SPY at the last second of trading on each business day since 1993 and sold at the market open the next day — …
Employers added nearly 120,000 cooks, waitstaff and other restaurants workers to help push the entire leisure sector up 164,000 for the month. Professional and business services added 100,000 positions as management and technical consulting firms added nearly 14,000 jobs and …
U.S. Treasury Secretary Yellen proposes a tax on unrealized capital gains to finance Biden’s “Build Back Better” plans https://twitter.com/disclosetv/status/1452422986015944711 An “unrealized gain” is when something you own gains value, but you don’t sell it, like your house or your retirement …
By Graham Summers, MBA The bond market is calling the Fed’s bluff. The single most important bond in the world is the 10-Year U.S. Treasury. The yield on this bond serves as the “risk free” rate of return for the …
by n64ssb Remember that crypto/blockchains are nothing more than a distributed, append-only database that has various ways to maintain consensus. There is nothing magical about this, and the only benefit of a decentralized database is that the government can’t easily …
by laflammaster All I had to do is take a look at the H8 data. End of Q3-2021, the banks seem to have sold off their unrealized gains to the tune of $7.9T. Of which, $3.7T were for MBS/Treasury related …
Wall Street increasingly is talking about peak growth in both the economy and corporate earnings. Inflation is running at 30-year highs, while growth lately has been solid but a bit disappointing. Second-quarter GDP rose at a 6.5% annualized pace. Brimming …
The combined state and federal capital gains tax rate in California would increase from the current 37.1% to 56.7% under President Biden’s American Families Plan, according to a new study from the Tax Foundation. The increase – which would include …
by confoundedinterest17 Are crytpocurrencies a viable alternative to traditional alternative assets like gold and silver? Today we are seeing a retreat on all cryptos. Note that left-hand side where gold and silver drop as dollar gains momentum. Notice the decline in …
Newest Meme Stocks Extend Gains With No Sign of Craze Fading (Bloomberg) — Another batch of names has been added to the meme-stock frenzy as retail traders latched on to their latest favorites Wednesday. Prison operator GEO Group Inc. soared …
President Biden has already proposed trillions in new spending alongside massive tax hikes. But the White House is reportedly considering another large tax increase. “The White House is considering raising the capital gains tax rate to 39.6 percent on people earning $1 million and …
President Biden will propose doubling the top capital gains tax rate on investments like stocks and real estate, according to a new report that sent stocks reeling Thursday. Bloomberg News reported that the new top capital gains rate would increase from 20 …
President Joe Biden is calling to hike the top income tax rate back to where it was before the Trump tax cuts and nearly double capital gains rates for top earners to fund his phase two of his ‘human infrastructure’ …
By Rodney Johnson My house is in a bit of disarray. We’re spring cleaning, but it’s more than that. We’ve decided to move, so going through clutter takes on new meaning. We don’t need to move, but as I wrote a …
