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Market News

Location American Market News for 10 September 2019
Income tax laws are designed to discourage early EPF withdrawal.In some cases, income tax laws offer some relaxation on EPF withdrawal
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How to Negotiate a 'Phased Retirement' With Your Boss

Wall Street Journal - 10 Sep 2019 16:57
If you'd like to cut back your work hours ahead of retirement, explain what is in it for your employer.
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Europe's Tougher Approach to Big Tech

Wall Street Journal - 10 Sep 2019 16:53
U.S. tech giants beware: Margrethe Vestager is back and she is planning to change the rules. The European Union's steely competition commissioner was reappointed for another five years with extended responsibility to ens...
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SEC Pressures Exchanges on Market-Surveillance Project

Wall Street Journal - 10 Sep 2019 02:08
The SEC is stepping up pressure on exchanges to finish a huge, long-delayed database designed to help detect market manipulation and investigate episodes of anomalous trading.
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Shares of GameStop tanked after the company reported second quarter earnings and sales that missed analysts' expectations.
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Apple Curbs Its Upsell

Wall Street Journal - 10 Sep 2019 22:52
A slimmed-down iPhone lineup holds the line on prices following two years of increases.
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Oil Prices Sink After Trump Ousts John Bolton

Wall Street Journal - 10 Sep 2019 22:46
U.S. oil prices fell by about $1 a barrel when President Trump announced the resignation of national security adviser John Bolton, a policy hawk whose exit, analysts said, could lead to a greater global supply of crude.
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JPMorgan CEO Dimon Raises Specter of Zero Rates

Wall Street Journal - 10 Sep 2019 22:34
The biggest bank in the U.S. is starting to prepare for how to make money if interest rates in the U.S. drop to zero.
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Netflix and Disney Shares Fall After Apple Unveils $4.99 Streaming Service The streaming wars are heating up.
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How You Can Retire On $100K (And Earn $2,700 Every Month) I'm going to show you how one savvy buy can help you turn $100K into a $500,000 windfall.
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The S&P 500 Index Ticks Near 3,000, But I'm At 2,400 Reasoning historically, I'm at 2,400 but the market flirts with 3,000. Who's right? I'm only 50% long, so I'm abjectly wrong- footed. Adjusted for market volatility, call me 65% invested. After all, Facebook, Alibaba, Mi...
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A Crowded Theater - How Interest Rates Defy Logic and Its Implications The speculators who are mindlessly extrapolating this last decade of ultra-easy monetary policy should be prepared to experience massive value destruction.
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Hunting for Cheap Stocks Is Back in Favor

Wall Street Journal - 10 Sep 2019 20:11
Over the past decade, value stocks have underperformed their growth counterparts in all but one year. But for the past two days, there has been a shift.
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Why Russia And Saudi Arabia Secretly Want The Democrats To Beat Trump 2020 Democrat candidates are calling for dramatically less oil production in the US. This is just what Russia and Saudi Arabia need.
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The New Tax Math for People Living in High-Tax States

Wall Street Journal - 10 Sep 2019 19:38
The limit on deductions for state income taxes and property taxes costs some taxpayers tens of thousands.
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Signal Says Seagate Technology Stock's Rally Far From Over Seagate Technology is flashing a bullish signal and attractively priced options
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Tapping Into Aramco's IPO

Wall Street Journal - 10 Sep 2019 19:32
Many investors outside of Saudi Arabia are unfamiliar with the market and its rules. Here's how foreign investors might gain exposure to Aramco shares.
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Inequality Is Holding Back the U.S. Economy

Wall Street Journal - 10 Sep 2019 19:27
Rising inequality isn't a problem just for those at the bottom of the distribution--it may be affecting the entire economy.
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Bitcoin Volatility Reaches Lowest Level In 4 Months Bitcoin volatility recently dropped to its lowest in roughly four months. When will the world's most prominent digital currency break out of its current malaise?
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The Mint Globetrotter index compares the cost of 25 essential travel spends for 50 cities across regions.Here, Mint Money will list these 25 spends for a city and compare it with Delhi
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For Drug Companies, There Are Real Costs to Unpopularity

Wall Street Journal - 10 Sep 2019 18:59
Drug investors should expect harsh rhetoric from Washington as the 2020 election approaches.
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Ford Should Eliminate Its Common Dividend

Forbes - 10 Sep 2019 18:53
Ford Should Eliminate Its Common Dividend Ford is now a junk credit, again, as Moody's lowered its corporate family rating on Ford Motor last night to Ba1, the rating agency's first tier of below-investment grade rating.
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