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Unread September 14th, 2016
marsean marsean is offline
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Default Markets going nuts

This is becoming a polarized political issue that most of the markets are worried over a 0.25% rate increase which would expose how fragile the "recovery" of the economy is, since those in the know already are aware it is delicate and leading to a presidential election is no time to expose that. Seems Hillary has been bashing Wall Street all during her campaign but you know that is all for show because of the heavy support she gets from so many of those companies that she runs down and threatens to go after if she gets in the White House. It's all BS. Who is fooling who? In the meantime the projection for next week is about a 15% chance that the Fed will raise rates. In the meantime Trump is throwing dirt on the Fed. All the proposed tax rates for corporations are out there for everyone to see except Hillary's is a big question mark. She has said she plans to raise corporate taxes. We are already the worlds highest. But she wont say a rate. Whoever gets is this will be hashed out with congress anyway, so it is now more of a talking point. Hillary wants it both ways. Trump says bring back the money of US companies from overseas and give them a low tax rate to bring it back and create jobs. Obama is not going to give any company a break. Now the EU has figured out this is their time to charge tax or tax penalty to any overseas companies domiciled in any of their countries, like what they are trying to do with Apple. Ireland gives Apple a really low tax rate, so they get jobs. If we don't make the play to get at least some of the US companies money repatriated, the EU and other places with find a way to tax it that is not going on yet. And this all just shows how weak most of the ecomomies are in Europe too. Brexit still a factor, and the EU is worried. Today they are making statements about the EU is strong even without the UK. OK, lets see.
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