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Market News

Location American Market News for 5 February 2023

Banks Borrow Unsecured Cash at Record Clip

Wall Street Journal - 5 Feb 2023 12:30
Deposits at U.S. lenders fell in two consecutive quarters last year for first time since 2010.
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Russia Sanctions Challenge Tight U.S. Diesel Market

Wall Street Journal - 5 Feb 2023 20:56
Wall Street expects measures that took effect Sunday against Russia to bolster diesel and other fuel prices that have remained stubbornly high.
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Stocks This Week: Buy Owens Illinois And Terex The S&P 400 mid cap average has been a leader since the October low. Here are a pair of stocks that are due to be leaders.
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High net worth individuals may ditch market-linked debentures Post-tax yields of MLDs set to shrink; alternatives like commercial real estate, venture debt may find favour
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Four takeaways for taxpayers from the budget

livemint.com - 5 Feb 2023 18:22
Four takeaways for taxpayers from the budget The lure of insurance policies as an investment product will go away now
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What to do if I don't get intimation of ITR?

livemint.com - 5 Feb 2023 18:22
What to do if I don't get intimation of ITR? As per the provisions, the tax authorities can't send an intimation under section 143(1) after the expiry of nine months from the end of the FY in which return is filed
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Tech Rally Scares Bears, Should It?

Forbes - 5 Feb 2023 17:55
Tech Rally Scares Bears, Should It? A few strategists in the financial media were questioning their bearish outlook for the stock market after last week's earnings reports. The Viper Report's Tom Aspray discusses his current technical outlook for the stock...
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Stock Funds Rose 7.8% in January

Wall Street Journal - 5 Feb 2023 17:00
Monthly Monitor: Coming off a brutal 2022 for stock and bond investors, the average U.S.-stock fund posted strong returns for the first month of 2023.
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Sam Bankman-Fried's Psychiatrist Became Key Player at FTX

Wall Street Journal - 5 Feb 2023 17:00
Hired as a coach at the crypto exchange, George Lerner was there for its dramatic downfall.
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Options Trading 101: Understanding Calls And Puts Calls and puts are the two basic types of stock options, and they can be combined for many different market conditions. Here's what you should know.
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Property Taxes Are Going Up; Here's How to Lower Your Bill

Wall Street Journal - 5 Feb 2023 15:30
Some homeowners could see higher property-tax bills this year, but there is one recourse: appeal your assessment.
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Upbeat Economic Data Keep Investors on Edge About Fed

Wall Street Journal - 5 Feb 2023 12:30
The U.S. labor market remains incredibly strong. Investors can't decide if that is a good or bad thing.
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Budget 2023: The hits and misses for taxpayers on the personal tax front On the personal income tax front, the Hon'ble Finance Minister. Smt Nirmala Sitharaman made 5 major announcements for individuals in Budget 2023.
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DBS Bank India hikes FD rates offers up to 7.25% on 376 to 600 days tenor DBS Bank India has hiked its interest rates on fixed deposits of less than ₹2 Cr.
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Lies, Damn Lies, Payroll Data

Forbes - 5 Feb 2023 01:01
Lies, Damn Lies, Payroll Data The big spike in the Payroll data (+517K) was out of kilter with what has been occurring in the rest of the economy and in other labor market data. It is 100% certain that the President will refer to the Payroll data as ...
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