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Top News In ஜனநாயக செனட்டர் மஞ்சின் Today - Breaking & Trending Today

In Big-Tech we trust - MarketPulse


In Big-Tech we trust
Earnings reports boost US equities
US stocks are rising higher after stellar earnings reports from Big-Tech, a steady FOMC meeting, and no immediate impact from President Biden’s tax plan that will now go through several rounds of negotiations.  Except for Amazon, who will report after the bell, the key earnings results are in and have mostly impressed.  After the open, stocks pared gains as the rise in Treasury yields steepened.  Markets are expecting a wave of amazing US data, with improving PMI readings and another near-1 million job growth employment report.
Apple
Apple’s results were too good.  Apple shares rose after delivering double-digit growth in every category, boosting the buyback program, and increasing their dividend.   Apple is another chip shortage victim and will see supply issues impact June results by USD3-4 billion.  The COVID-19 pandemic, a key upgrade cycle, and the new iPhone 12 have sparked tremendous sales, b ....

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Stocks rise as Powell stays dovish, dollar down - MarketPulse


Stocks rise as Powell stays dovish, dollar down
April 8, 2021SharePrint
Wall Street is betting on the Fed and just wants to stay the course with US stocks.  Percolating risks that include tax fears and a hot economy that triggers a sooner-than-expected scaling back of the Fed’s massive bond-buying program are unlikely to derail the current risk appetite for equities.  Yesterday, the Fed’s minutes signaled optimism is justified for a stronger economic recovery, but the doves are not anywhere close to budging on their firm stance that rates will remain near zero through 2023 and that now is not the time to reduce their monthly asset purchases.  Today, Fed Chair Powell’s comments overwhelmingly affirmed the belief that the policy is on dovish cruise control for the foreseeable future. ....

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The IMF And World Bank, Who Pay No Taxes, Are About To Talk About Tax Hikes And Inequality


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The IMF And World Bank, Who Pay No Taxes, Are About To Talk About Tax Hikes And Inequality
by Tyler Durden
By Michael Every of Rabobank
Koestler-Push Inflation
The IMF and World Bank spring meetings are about to kick off, where those who pay no income tax get to talk about tax evasion, tax hikes, inequality, and Building Back Better.
US Treasury Secretary Yellen will use the platform to push for a global standardization - upwards - of corporate tax rates. National Security Advisor Sullivan has also tweeted in support:
“The US is committed to end the race to the bottom on corporate tax rates and prevent corporations from shifting jobs overseas. A core piece of our national security strategy is national competitiveness: creating jobs & raising wages at home, not incentivizing tax havens.” ....

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Futures, Yields Slide As Month-End Jitters Spread

Futures, Yields Slide As Month-End Jitters Spread
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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