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Market News

Location American Market News for 24 July 2021
Singapore's PropertyGuru To List Via $1.8 Billion Deal With SPAC Backed By Billionaires Richard Li, Peter Thiel PropertyGuru agreed to merge with Nasdaq-listed Bridgetown 2 Holdings--a blank-check company controlled by billionaires Richard Li and Peter Thiel--as the Singapore-based online real estate marketplace seeks to tap boomi...
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FICO Score's Hold on the Credit Market Is Slipping

Wall Street Journal - 24 Jul 2021 11:30
For decades, the three-digit FICO number has been the linchpin of consumer-credit decisions. But banks are increasingly relying on their own bespoke scores.
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Biden's Stock Markets Have Not Crashed As Trump Predicted Biden's stock markets have not crashed as Trump predicted. In fact, they have outperformed Trump's since their respective election victories and inaugurations.
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Growth Will Slow Faster Than Expected...Say The Data The systemic "inflation" and "labor shortage" myths persist in the financial media despite data to the contrary: layoffs remain at recessionary levels, wage growth is slowing, and bond yields are falling.
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Student Loan Cancellation Won't Stimulate The Economy, According To New Research Student loan cancellation isn't a financial stimulus.
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China's attempts to support specific industries have been a mixed bag--and when they succeed it often isn't for the reasons many observers, both critics and supporters, tend to think.
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This 7% Dividend ETF Has Huge Risks

Forbes - 24 Jul 2021 14:30
This 7% Dividend ETF Has Huge Risks A dividend that big will get you a lot of income on a relatively small investment...
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Bharat Bond Fund has interest rate risk

livemint.com - 24 Jul 2021 13:20
Bharat Bond Fund has interest rate risk In debt investing, longer the maturity of portfolio, higher is the interest rate risk. Hence, the funds with an average maturity period of 2 to 4 years may work better
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Got a message on high value transaction from tax department? Know how to respond As per the Income Tax Act, 1961, interest income received from fixed deposits and savings bank account is chargeable and required to be disclosed in the ITR
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Know Income tax rules on gifts received on marriage

livemint.com - 24 Jul 2021 08:15
Know Income tax rules on gifts received on marriage In India we have tradition where relatives as well as the bride and groom receive gifts on the occasion of marriage
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HDFC Ltd fixed deposit: Can I avail income tax benefit on interest? Deduction is available for interest received from specified entities and since HDFC Limited does not fall in these categories, you cannot claim this deduction
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Gold price dips. Experts say 'golden opportunity' for buyers Gold price: According to commodity experts, dipping yellow metal price is an opportunity for the buyers as overall outlook for gold is still 'bullish'
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I want to invest ₹20,000 a month for up to 20 years. Where should I invest? Invest entire investible surplus in equity mutual funds as equities as an asset class beats fixed income instruments by a wide margin over the long term
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