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Market News

Location American Market News for 2 May 2021

The "Economic Boom" Illusion

Forbes - 2 May 2021 03:08
The Markets believe that as a result of the "boom" and current "inflation," interest rates will rise. And, rates may go higher, as market players, with little inflation experience, add an "inflation premium" to the yield cur...
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3 Tax-Free Ways To Infrastructure spending is back in vogue, and we've got a chance to grab a piece of it tax-free.
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3 Monthly Dividend Stocks Yielding Up To 7.7% What's better than a 6% yield paid every quarter? An 8% annual yield--paid every month--of course!
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Don't Get Caught Up In Earnings FOMO

Forbes - 2 May 2021 22:01
Don't Get Caught Up In Earnings FOMO The earning's season has been strong so far but the Viper Report's Tom Aspray warns traders and investors to not automatically buy in reaction to the strong earning's news. The market's reaction to last week's big tech e...
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A reliable way for family offices to invest in startups Family offices will play a key role in the development of entrepreneurial talent in India
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60% of sum received from NPS is tax-free

livemint.com - 2 May 2021 21:40
60% of sum received from NPS is tax-free From a tax perspective, the accumulated PF balance due and payable to the employee, i.e., balance to his credit on the date of cessation of his employment, is exempt from tax if he has rendered continuous service for a p...
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Should you go for pharma funds amid fresh spike in covid cases? While experts are bullish on healthcare from the long-term perspective, they warn of some near-term volatility
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The trading app generated $331 million in payments for order flow during the stock-trading frenzy in the first three months of 2021
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The short videos are ideal for teens and young adults. But is the advice any good?
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The share of Black homeowners in forbearance in mid-April was about 11%, more than double the overall rate.
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Why So Many Millennials Fall Prey to Impostor Syndrome

Wall Street Journal - 2 May 2021 16:00
When young adults doubt their financial success--and knowledge--it can complicate decision making.
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The conflict with Rhode Island is one of several disagreements involving hospital chains owned by private-equity firms and state and local governments.
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How credit cards affect our brains--and our spending Buying with plastic doesn't just eliminate a barrier to buying. It actively encourages purchases, a study finds
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Mistakes to avoid when taking a loan against property The interest rates on loan against property (LAP) are slightly higher than top-up loans.For LAP, your property needs to be free of encumbrances
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Flexible RDs are better than regular RDs

livemint.com - 2 May 2021 14:25
Flexible RDs are better than regular RDs If you have some additional funds or if you wanted to augment your monthly deposits, it's not possible in a traditional RD.Banks now have a flexible RD alternative that allows you to deposit additional amounts as and whe...
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Under Marc Rowan, the firm's future will become increasingly about finding ways to eke out a few percentage points more than corporate and government bonds pay.
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NFTs Are Increasingly Taking Us Into A World Of Make Believe NFT's are part of the magical world of make-believe value the blockchain is bringing us. There's opportunity cost in ignoring them.
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Americans Can't Get Enough of the Stock Market

Wall Street Journal - 2 May 2021 11:30
U.S. households are holding more stocks than ever before as major indexes surge to fresh highs.
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What are income tax rules on PPF maturity proceeds when you move abroad? The tax liability for insurance policies, NSC, PPF and equity mutual funds schemes is same whether you are a resident or a non-resident
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SBI home loan interest rate reduced; Check how much new borrowers will save SBI home loan interest rate will now start from 6.7 per cent on fresh home loans up to ₹30 lakh
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