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 […]
As Nanex’s Eric Hunsader pointed out, while the well-paid HFT-lobbyists proclaim their rigging clients “knit together liquidity from all markets,” it appears BATS’ new CEO (since the lying old one left) disagrees. The exchange that caters significantly to the front-running HFTs believes it knows how to improve the market for thinly traded stocks… it will stop handling them.As Bloomberg reports,
BATS […]
Stock Market About to Hit Sudden Air Pocket!By: Brad Gudgeon | Sat, Apr 11, 2015SharePrintEmailI warned back a few days ago that the market looked tired. We got a few more points since then as the FED minutes on Wednesday help fuel the market higher. The set up is there for another “sudden 2% drop” like we had on Mar […]
Markets ended its choppy session in the red yesterday as fluctuations in the value of the U.S. dollar weighed on investor sentiment. Benchmarks witnessed their third lowest trading volume this year on Monday. Meanwhile, weaker dollar boosted oil prices on Monday, which in turn had a negative impact on the transportation stocks. Moreover, decline in biotech stocks dragged down the […]
Investing.com – Investing.com — Stocks on U.S. equities markets fell slightly amid a weakening dollar, as late losses on Monday afternoon erased previous gains in morning trading.The Dow Jones Industrial Average dropped 11.61 points or 0.06% to 18,116.04, while the NASDAQ Composite index retreated from near record highs at the end of trading last week. The S&P 500 also fell […]
U.S. indexes were generally positive until the closing minutes when some sort of selling program pushed indexes into the red. The S&P 500 fell 0.17% and the NASDAQ 0.32%. News flow was quiet as existing home sales in February were up 1.2%, to an annual rate of 4.88 million units, slightly below expectations.Fun fact: The S&P 500 has gone 24 […]
SummaryBonds continue to defy the experts.
Bonds rallying since December even as the Fed tapers back its QE bond-buying, and even as pressures build for the Fed to begin raising interest rates sooner than expected.
They tend to move opposite to stocks, yet have rallied even though the stock market has rallied to new highs.
The Fed says the economy remains healthy enough […]
The Fed says the economy remains healthy enough that it will continue to taper back its QE stimulus at a rate of $10 billion a month, with plans to have it at zero by October.Speculation now is on when it will begin the next step toward returning its monetary policy to normal, by beginning to raise interest rates from their […]
A few weeks ago, Stephen Hawking opened the world’s eyes to the dangers of Artificial Intelligence (AI), warning that it has the potential of outsmarting humans in the financial markets. But few people realize that we are already in imminent danger of this happening.The stock market is a system for assigning value to companies through the buying and selling of […]
It’s a funny old world when the home address of capitalism takes its orders from 1.3 billion communists who are even cheaper than IKEA, but dodgy manufacturing data in China did indeed set the tone for a terrible session on Wall Street. US stock markets thus continued their difficult start to 2014, with a triple-digit drop in the Dow (INDEXDJX:.DJI) […]
