US tax reform by end of year?
US tax reform by end of year? How likely is it that US tax reforms will come to fruition by the end of 2017? I notice US treasury secretary has indicated that President Donald Trump’s tax reforms will be passed by congress. Is this elusive or likely? Originally US corporation …
Wall Street lifts on debt ceiling deal
Wall Street lifts on debt ceiling deal. US President Donald Trump agreed a deal to extend the debt ceiling with the Democrats. On 6th September congressional leaders and Donald Trump agreed to pass an extension of the debt limit until 15th December 2017. This came after Donald Trump threatened to …
Trumps tax reform agenda
Donald Trumps tax reform agenda is back in the limelight. He wants to reform the US tax system by reducing its complexity. The headline catcher is his renewed pledge to cut the US business tax (corporate rate) from 35% to 15%. Apparently no new tax plan was offered. His ‘America …
Asian stocks recover as markets appear oblivious to risk
Asian Markets. Asian stocks recover as markets appear oblivious to risk. Underlying tensions remain but markets seem unaffected by the North Korean missile launch over Japan. After falls on Tuesday, we saw a rebound on Wednesday. Japan’s NIKKEI index recovered from a four month low. South Korea KOSPI index headed …
Wall Street slides
Wall Street slides. At the bell yesterday (23/08/17) the DOW Jones Industrial Average, The S&P 500 and NASDAQ where all down. Much of the uncertainty stems from Donald Trump’s threat to ‘shut down government’ if funds are not secured to build the Mexico/US wall! Doesn’t inspire much confidence does it …
Markets fall
Markets fall Wall Street’s market fall yesterday was closely followed down by Asian stocks on Friday. A number of collective incidents have led to this current market fall. Markets were already under pressure on Thursday as news of Donald Trump’s handling of the unrest in Charlottesville became clear. Reactions to …
Has Trump damaged his reputation as a business leader and as President?
Has Trump damaged his reputation as a business leader and as President in-light of recent events? His response to nationalist rallies was questioned by business leaders over the weekend. Trump set-up business advisory groups when he became president. This was seen as a positive move by the business community even …
FTSE 100 pulls back
FTSE 100 pulls back The FTSE 100 index continued to fall today (10/08/17) after falling back yesterday to: 7498 amid increasing geopolitical tension between the US and North Korea after both sides sharpened their worrying rhetoric and after Donald Trump’s concerning and frankly upsetting ‘fire and fury’ statement made to …
Trump bump to continue?
Trump bump to continue? The DOW Jones pushed to a new intra-day high on 3rd July 2017 ahead of the holiday as the Trump bump effect continues. But just how much of this is attributable to Trump and how much higher can it go? Record highs It’s not that long …