NC Budget and Tax Center, Uncategorized
National Economy, Stock Market Drive Better than Expected Income Tax Collections Not Tax Cuts
Posted by : Alexandra SirotaAlexandra SirotaThursday, June 18, 2015Leave a commentIn NC Budget and Tax Center, Uncategorized
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Both House and Senate budget writers did the right thing by putting the $400 million projected surplus this year towards reserves. This […]
Get ready for tighter China margin-trading rules
Author: Asia Unhedged June 5, 2015Asia UnhedgedChina, crowd funding, margin trading rules, stocksChina’s securities regulator said it is amending margin-trading and short-selling rules. It’s just not telling us when.Zhang Xiaojun, a spokesman for the China Securities Regulatory Commission, made the comments at a weekly news conference. He did not elaborate, reported Reuters. Zhang also […]
Trading Nation: Bull & bear on Chinese stocks
David Seaburg, Cowen & Co., and Todd Gordon, tradinganalysis.com, give perspective to investing in Chinese stocks.
China’s stock market is red-hot.After dropping 6.5 percent last Thursday, the Shanghai composite has bounced back to a fresh multiyear high. But as the index is already up more than 50 percent year to date, one market participant […]
Meanwhile, America enjoys the “Great Reset”!The ancient Egyptians worshipped divine bulls…and now it seems to be paying off!The country’s stock market has gone bullish after it halted capital gains taxes.
Egypt suspended a capital gains tax on Monday, sending shares soaring after a months-long downturn in which investors had complained of a lack of clarity about the new taxes, with some […]
NEW YORK (AP) — The stock market slipped back from its latest record high in a listless day of trading Tuesday. Oil companies and drillers tugged major indexes down as the price of crude oil dropped for a fifth day straight.Wal-Mart Stores fell after reporting weak sales and a drop in quarterly earnings, a result of raises for workers and […]
U.S. indexes were in the red all day today as some quite miserable economic data didn’t do the normal trick of making everyone happy because it means the Federal Reserve will never raise rates in our lives. The S&P 500 fell 0.37% and the NASDAQ 0.63%. The Federal Reserve Open Market Committee released its meeting statement on Wednesday afternoon that […]
In the end, Creative Edge Nutrition (FITX) was always more about lining Bill Chaaban’s pockets than becoming a major marijuana producer. Sure, a license to grow pot would have been a bonus, but isn’t it nice that Chaaban came out a winner anyway? And the real motive was evident to anybody with a grain of sanity. Unfortunately, those with pie-in-the-sky […]
Below is the February 16th Thoughts from the Frontline, republished in full.We do not have to look to Greece to find massively underfunded obligations. Here in the US we can find hundreds of examples, willingly created by politicians and businessmen who proclaim they are working for the public good. We call them pension funds, but they’re just another form of […]
By John Lee.The continuing war against the Islamic State (IS, ISIS, ISIL), coupled with the decline in oil prices, have reportedly made Iraqi regulators and government more receptive to reforms that would strengthen the economy and the stock market, according to an article in UAE-based The National.Shwan Taha, head of Rabee Securities, has been pushing for reforms to the stock […]
Bloomberg
Jamie Dimon, CEO of J.P. Morgan
J.P. Morgan Chase CEO Jamie Dimon made waves last week, calling out the regulatory environment for banks as downright un-American.That kind of bluster is old hat for the top bank exec. Dimon was quick to position himself as the chief critic of bank regulation even as J.P. Morgan’s JPM, +0.32% peers Bank of America BAC, […]
