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Market News

Location American Market News for 16 July 2023
Trying To Play The U.S. And China, Argentina Is Attempting A Difficult Balancing Act China is, with Brazil, Argentina's major trading partner and has the potential to be an important ally. Not only do they need to import what Argentina produces but also the size of its economy makes it a potential invest...
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The Fed Will Raise Rates Even As Inflation Melts The news of the week revolved around inflation. As we have forecast in past blogs, the rate of inflation has begun to melt.
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Any Change In Market Leadership?

Forbes - 16 Jul 2023 22:51
Any Change In Market Leadership? Technical clues, before the CPI report, turned the Viper Report's Tom Aspray even more bullish. He also shares his current view on market leadership.
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How trading costs are split across govt taxes, brokerage? If the trading volumes remain the way they were in FY23, the STT collections could even be higher in FY24 as the government has increased the STT charges.
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HDFC merger: tax implications for shareholders

livemint.com - 16 Jul 2023 18:56
HDFC merger: tax implications for shareholders As per the share exchange ratio of the merger, for every 25 shares of HDFC, 42 shares of HDFC Bank were issued to the former's shareholders.
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Which is more tax-efficient for equity investors: PMSes or MFs? Mutual funds score better than portfolio management services where it concerns tax on capital gains, dividends.
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Argentina's Political Hegemony Crumbles In The Face Of Primaries The failure of a Peronist government has also seen some of the disillusioned move toward Milei in what appears to be a remake of the 2001 sentiment that the whole poli...
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Why Hydrogen Cars Refuse to Die

Wall Street Journal - 16 Jul 2023 16:00
With so many lingering questions about batteries in electric vehicles, having a backup technology isn't as crazy as it might sound.
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Venture Firms Scale Back Megafunds

Wall Street Journal - 16 Jul 2023 12:00
The prolonged startup bear market is forcing some venture firms to unwind investments and scale down expansion plans.
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What Markets Are Saying About the Inflation Fight

Wall Street Journal - 16 Jul 2023 11:30
Investors have long expected inflation to fall back to the Fed's 2% target relatively quickly, a bet that is starting to look better now than it did a few months ago.
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Catch-up contributions will have to be done after taxes for those who make more than $145,000.
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Markets Appear Convinced Fed Can Do a Soft Landing

Wall Street Journal - 16 Jul 2023 06:06
Stocks surged this past week on evidence that inflation is cooling.
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Inflation Is Not 3% - It Remains 5%

Forbes - 16 Jul 2023 02:07
Inflation Is Not 3% - It Remains 5% Understanding that inflation is not declining is critical
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