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Market News

Location American Market News for 30 April 2022
Warren Buffett's Berkshire Hathaway reported Saturday a decline in first-quarter earnings, as the conglomerate was not immune to a slowing U.S. economy.
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The five steps to organising your personal finances in new fiscal An important element of a financial plan is to determine the required life cover and health cover. The factors that are in consideration are life stage, lifestyle, goals, assets and liabilities
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Stock Market Fear Is Overdue, So Be Ready For Its Reappearance Wall Street is waiting for investor fear to show itself, and so should we
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Warren Buffett Cautions Against Stock Market 'Casino' As Charlie Munger Slams Robinhood Buffett and his right-hand man had harsh words for Wall Street at Berkshire Hathaway's annual shareholder meeting.
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Blame It On The Fed - Part II: Inflation

Forbes - 30 Apr 2022 19:59
Blame It On The Fed - Part II: Inflation The biggest surprise of the month, a -1.4% real GDP print (preliminary) (market consensus was 1.0%) was greeted with a yawn on Thursday (April 28) because the components pushing down the GDP were not consumer spending is...
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Warren Buffett Says Markets Have Become a 'Gambling Parlor'

Wall Street Journal - 30 Apr 2022 19:37
At the Berkshire Hathaway annual meeting, the CEO shared his thoughts on the state of the markets, Berkshire's insurance business and recent investments.
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Key Bitcoin Levels To Watch

Forbes - 30 Apr 2022 17:53
Key Bitcoin Levels To Watch If you are looking for Bitcoin to reach $50,000 or $100,000 this year as some are predicting you might want to look at Tom Aspray's technical analysis of the yearly Bitcoin trend.
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Berkshire Hathaway Profits Fall

Wall Street Journal - 30 Apr 2022 16:32
Warren Buffett's company says its first-quarter earnings declined as turbulence across financial markets weighed on its giant stock portfolio.
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Investors Are Waiting for Vehicle Prices to Drop

Wall Street Journal - 30 Apr 2022 15:00
Manufacturers need to work with dealers to rationalize the retail process and limit discounting.
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How is capital gains calculated on inherited or gifted shares? A transfer of shares by an individual to the HUF in the form of gift will be tax exempt as it would be classified as 'property received from a relative' which is specifically exempt under section 56 (2)(x) of the Income ...
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Income tax calculator: Can taxpayers claim HRA exemption on rent paid to spouse? Income tax calculator:  Income tax department allows a taxpayer to claim HRA exemption under income tax act on rent paid to parents, brother or sister
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Stock Market Investors Ready To Panic Next Week Emotions are about to drive the stock market - expect fear, then panic selling in close order
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I want to gift shares held by me for last 5-10 years. Income tax rules explained The holding period in the hands of the HUF will be more than 12 months for these listed shares the profits made by HUF will be long term capital gain
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Making your cash work harder as interest rates rise

livemint.com - 30 Apr 2022 06:53
Making your cash work harder as interest rates rise It's possible to squeeze a higher return from even your safest assets. Here's how to do it.
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My mother passed away. And I am nominee of her FDs. What are income tax rules? Since there is no inheritance tax in India, the inheritance received by both of you is not to be treated as your income
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