Day: November 29, 2017

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  Senate tax bill growth trigger will hit corporate tax rate

  If growth falls short, corporate taxes will go up Republicans have been debating a trigger in the tax bill that would ensure deficits don't go[...]
  2017-11-29 20:47:06

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  Bitcoin spills back below $10,000

  Wild volatility in Bitcoin today I'm not surprised that some of the people who had been waiting for $10,000 for a long time are taking[...]
  2017-11-29 20:47:06

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  Bitcoin exchange websites crash as prices fall 20% from the highs

  Wild volatility in Bitcoin Bitcoin is down more than 20% from today's intraday high in a plunge below $9000 from as high as $11,434. Coinbase,[...]
  2017-11-29 20:47:06

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  6-months, 9-months, whatever

  Iran oil minister says they will go along with the majority Two years ago, Iran was a big stickler in the quota negotiations but now[...]
  2017-11-29 20:47:06

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  Mexico econ minister says US-specific auto content proposal in NAFTA not viable

  Mexico gives thumbs down to proposal - Three year transition to lift regional automotive content requirements is unrealistic It's not all bad news for NAFTA[...]
  2017-11-29 20:47:06

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  Fed's Powell: Case for December rate hike is coming together

  Powell Q&A continues - Financial rules are 'tough enough' - I do support a rewrite of the Volcker rule - Strong growth now warrants gradual[...]
  2017-11-29 20:39:14

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  Powell: In long run, cryptocurrencies could matter but don't today

  Powell on cryptocurrencies - No question cypto valuations have gone up a lot - Labor force growth is really slow these days Nothing groundbreaking on[...]
  2017-11-29 20:39:14

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  Poloz: It's too soon for us to have a reading on recent rate hikes

  Poloz Q&A - It takes six to eight quarters for the full impact of rate hikes to work through economy - No surprised by resiliency[...]
  2017-11-29 20:39:14

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  Powell: There is no indication in wages that labor market is even hot

  Powell on the jobs market - Some indicators suggest US at or near full employment - We are looking at unemployment going below 4% -[...]
  2017-11-29 20:39:14

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  BOC's Wilkins: We started to raise rates at exactly the right time

  Wilkins gives herself a pat on the back - We started to raise rates at exactly the right time to achieve our inflation target -[...]
  2017-11-29 20:39:14

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