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Market News

Location American Market News for 2 August 2020

America's Saw Mills Didn't See This Building Boom Coming

Wall Street Journal - 2 Aug 2020 13:30
Lumber consumption across the U.S. amid pandemic project-building has exceeded even optimistic forecasts, leaving home builders, retailers and craftspeople clamoring for wood.
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Bitcoin Is Riding High Again as Investors Embrace Risk

Wall Street Journal - 2 Aug 2020 16:00
The market boom that pushed stocks, bonds and commodities to their best combined four-month spurt in decades has found its way into the most notoriously volatile and speculative asset on the planet: bitcoin.
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It's Hurricane Season For S&P 500 Investors. How To Prepare. During much of 2019, I repeated the analogy of the S&P 500's path to that of a hurricane. As the actual hurricane season gets underway in the U.S., here is a stock market summary, in tropical terms
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What Effect Will Lockdowns Plus New Stimulus Checks Have On Markets This Week Wall Street begging for stimulus checks. Gold is golden. Bonds are "dead money".
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Stock Market: Goodbye Passive Indexing, Hello Active Stock Picking The active-passive-active cycle is shifting to active, with large outperformance potential
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Big Tech Soars As GDP Plunges

Forbes - 2 Aug 2020 19:30
Big Tech Soars As GDP Plunges The big tech market leaders had another great work despite the plunge in GDP and one groups of investors still seems skeptical about the stock market. Are stocks prepared for this week's job report?
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Buy Bonds Now

Forbes - 2 Aug 2020 19:19
Buy Bonds Now Bonds are due to rally in August.
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Intel, Nvidia, Et Al., And American Semiconductor Hegemony Supposedly the U. S. is losing/could lose/has already lost leadership in this "critical" field of technology, the understructure of the digital economy, a loss which puts at risk practically everything we might care abou...
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NHAI, REC cut interest rate on capital gains bonds

livemint.com - 2 Aug 2020 12:57
The lower rate will only apply to fresh bonds where payment by the concerned institution has been received after 1st August 2020
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The withdrawals from PPF, either partial or in whole are exempt from taxation
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What if you outlive the number of expected years or, if the annuity rates come down at the time when you retire.Be conservative when doing calculations for your retirement
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Gold bonds offer an annual interest rate of 2.50% to investors.Capital gains, if any, at maturity is tax-free
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Government uses Cost Inflation Index (CII) for the purpose of inflation. CII measures the rate of inflation in the economy.
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