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Market News

Location American Market News for 10 October 2021
Forbes Midas Lister JP Gan Still Upbeat On China Consumer Growth Amid Policy, Taste Shifts "We continue to invest in consumers"
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China Billionaire Guo Guangchang's Fosun Adds German Private Bank To Global Network Fosun's international investments range from Club Med to Cirque du Soleil
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The Economy Has 'Recovered' - Anemic Growth To Follow The September jobs report was filled with cross-currents, some showing possible economic weakness, some showing strength. This makes the Fed's job exceedingly difficult. Is the economy strengthening or weakening?
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The High Financial Price of Burnout---and What to Do About It

Wall Street Journal - 10 Oct 2021 17:00
Overspending and exhaustion often go together. And young people are especially vulnerable.
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The Pandemic's Over for Big Banks. Now Comes the Hard Part.

Wall Street Journal - 10 Oct 2021 16:03
Bank profits are expected to plateau, exposing weak growth in banks' core businesses.
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Weak Jobs, But Stocks Higher With Debt Crisis Avoided In light of the positive close by most of the market averages technical analyst Tom Aspray reviews the key market indicators to determine how close we may be now to a correction low.
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4 things you should keep in mind while investing

livemint.com - 10 Oct 2021 18:44
4 things you should keep in mind while investing Something that is near term, that needs to be in assets that exhibits lower risk, the medium term would be slightly higher than the short term portfolio and long term portfolio can have higher risk.
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Gains from the sale of Ulip units are taxable

livemint.com - 10 Oct 2021 16:10
Gains from the sale of Ulip units are taxable The sum received under a life insurance policy which is issued on or after 1 April 2012 and where the premium payable for any of the years does not exceed 10% of the capital sum assured, is exempt from tax
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How will RBI's decision to hike IMPS limit impact customers? The decision will lead to increase in digital payments and will provide an additional facility to customers for making digital payments beyond ₹2 lakh, RBI said in its statement
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Each kind of card has advantages and disadvantages. Three financial experts offer advice on when it makes sense to use one or the other.
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Investors Watch for Rising Costs in Earnings This Week

Wall Street Journal - 10 Oct 2021 11:30
What companies reveal about the impact of any supply-chain problems, labor shortages and the continuing pandemic could determine the tone of trading,
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Maintain part of your retirement corpus in debt and equity This amount can come in handy in case you need anything beyond your monthly expenses and travel plan
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Do I need a financial adviser to invest in MFs or should I do it myself? Before venturing into DIY investing, you need to ask yourself whether you have the bandwidth as well as passion to periodically research your ideas and rebalance based on various parameters
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