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Day:
November 9, 2017
House tax chairman wants to bump the tax on repatriated profits to 14% from 12%
That's not good news for stocks The tax on cash would go to 14% from 12% and the tax on illiquid assets to 7% from[...]
2017-11-09 20:47:06
Crude oil futures settle at $57.17 per barrel
Higher on the day Saudi political shakeup is being cited as the reason for the rise. Of note was that the DOE reported yesterday that[...]
2017-11-09 20:47:06
Junk bonds bounce but technicals point to trouble
Junk bond ETF in focus Every once in awhile junk bonds are a driving force in markets. Generally because there is a round of worries.[...]
2017-11-09 20:47:06
NFIB now says it supports House tax bill
Small business lobby changes its tune The National Federation of Independent Business a week ago that it opposed the tax cut bill but has now[...]
2017-11-09 20:47:06
Highlights: Senate reveals Republican tax cut proposal
Leaks have been driving markets all day, here is the proposal - 1-year delay in 20% permanent corporate tax cut - Meets $1.5 trillion cost[...]
2017-11-09 20:47:06
RBNZ's Spencer says economic outlook is very positive
Reserve Bank of New Zealand acting governor Grant Spencer Speaking at the news conference following the earlier policy announcement and Monetary Policy Statement release Copyright[...]
2017-11-09 20:39:21
NZD adding a bit as the RBNZ press conference continues
Headlines from the news conference (so far) are here: RBNZ's Spencer says economic outlook is very positive The presser follows the policy announcement earlier and[...]
2017-11-09 20:39:21
RBNZ expected to keep rates unchanged
Decision due at 3 PM ET/2000 GMT The RBNZ is expected to keep the Official Cash Rate (OCR) unchanged at 1.75% when they announce at[...]
2017-11-09 20:39:21
Yellen is thinking about staying on as a Fed Governor
Yellen is also serving a separate term as Fed Governor that runs until 2024 I might not have to discard all my Janet Yellen memes[...]
2017-11-09 20:39:21
RBNZ holds rates at 1.75%, as expected
Highlights of the Reserve Bank of New Zealand interest rate decision - Prior was 1.75% - All economists polled by Bloomberg expected no change Statement:[...]
2017-11-09 20:39:21
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