Market News
What are the income tax implications of selling a under-construction flat?
livemint.com - 23 Sep 2022 06:00
Can my mother save taxes by making investments in another residential house? She already owns one residential flat.
When Bad Things Happen to Good Stocks
Wall Street Journal - 23 Sep 2022 16:26
Investing in quality stocks seems like a smart move--but the bet on the blue chips hasn't paid off lately.
Credit Suisse Needs the Deal of the Decade
Wall Street Journal - 23 Sep 2022 15:54
The bank's deal-makers can prove their worth by finding a creative way to avoid raising capital with a rock-bottom stock price.
Adobe Stock Lost 23% In One Week, What's Next?
Forbes - 23 Sep 2022 15:00
Adobe's stock (NASDAQ: ADBE) dropped 22.9% in the last week, significantly underperforming the S&P 500 (down 4%).
Starbucks Stock: Starbucks' Financial Performance Under Howard Schultz
Forbes - 23 Sep 2022 13:30
Now that Mr. Schultz is retiring and has decisively stated that he will not be leading Starbucks anymore, where does this leave the company and its shareholders?
Your City's Housing Boom Could Go Bust
Wall Street Journal - 23 Sep 2022 11:30
A national decline in home prices is unlikely, but markets that have experienced outsized increases over the past few years may be hit harder than most by rising mortgage rates.
Oil Falls Below $80 a Barrel
Wall Street Journal - 23 Sep 2022 22:52
Weakening growth and a strengthening dollar are weighing on crude prices, which are near the level they started the year.
On Home Prices, Powell Forecasts A Correction, What Is He Seeing?
Forbes - 23 Sep 2022 22:32
Are real estate prices finally going to cool down? With home sales down 20% from a year ago, many potential buyers are hoping prices drop. Let's break down the latest real estate numbers.
Dow Plunges 500 Points: Bear Market Returns As Goldman Warns Recession Would Hit Stocks Harder
Forbes - 23 Sep 2022 22:02
"The outlook is unusually murky," Goldman warned as the Dow plunged to the lowest level of the year.
Bloodletting And Central Bank Pseudoscience
Forbes - 23 Sep 2022 18:01
Central Banks have finally decided that "bloodletting" in asset prices need to be brought down to control runaway inflation that their excessively stimulative policies created.
Markets Are Right to Be Shocked by Britain's Version of Reaganomics
Wall Street Journal - 23 Sep 2022 17:38
If markets lose confidence, it will make it even harder for what was already a high-risk fiscal policy to succeed.
Pattern Of Dollar Strength And Euro Weakness Is Likely To Continue
Forbes - 23 Sep 2022 17:36
Record high energy prices are forcing European officials into loose money policies that will exacerbate Euro weakness versus the Dollar.
Investing In The Clean Energy Credit Revolution
Forbes - 23 Sep 2022 16:29
New legislation earmarks billions of dollars to fight inflation, lower healthcare costs, raise IRS funding, and fund green energy technologies.
Dow Plunges 400 Points: Goldman Sachs Warns Stock Market Rout Will Only Get Worse This Year
Forbes - 23 Sep 2022 16:03
"The outlook is unusually murky," Goldman warned as it cut its S&P price target by more than 15%.
What's Happening With Starbucks Stock?
Forbes - 23 Sep 2022 16:00
Starbucks's stock (NASDAQ: SBUX), the world's leading roaster, marketer, and retailer of specialty coffee, declined by 4% in the last five trading days (one week).
Delinquencies in consumer durable and personal loans dip in FY22, says report
livemint.com - 23 Sep 2022 15:36
Delinquencies in consumer durable loans and personal loans have seen a dip between March 2021 and March 2022, as per a report by Crif High Mark
All Cap Index & Sectors: Economic Earnings Fall From Prior Record In 2Q22
Forbes - 23 Sep 2022 15:30
This report analyzes the economic earnings and GAAP earnings of the NC 2000 and its sectors.
A Slimmed-Down Oyo Looks Better Placed for an IPO
Wall Street Journal - 23 Sep 2022 15:06
The Indian startup grew at breakneck speed before the pandemic. It is now looking to list a much humbler version of itself.
Costco Still Offers Value
Wall Street Journal - 23 Sep 2022 14:00
Today's inflationary environment has turned out to be an ideal one for the company.
What's Happening With Alcoa Stock?
Forbes - 23 Sep 2022 14:00
Alcoa stock has declined by almost 22% over the past month (about 21 trading days) considerably underperforming the broader S&P 500 which remains down by about 9% over the same period.
UK's biggest tax cuts since 1972 prompt crash in Pound
livemint.com - 23 Sep 2022 13:40
The pound and UK government bonds fell after Chancellor of the Exchequer Kwasi Kwarteng scrapped the 45% the top rate of income tax, paid by only the richest earners, and cut the basic rate from 20% to 19%
Japan's Yen Intervention is a Rear-Guard Action
Wall Street Journal - 23 Sep 2022 13:29
The intervention is probably aimed at slowing, rather than halting currency depreciation--and buying time for the recovery.