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Category: Macroeconomic


Capital and Risk, Macroeconomic

UK hikes corporation tax to 25% as pandemic support hits £407 billion

March 3, 2021

Via: CNBC

LONDON — British Finance Minister Rishi Sunak announced Wednesday that U.K. corporation tax will increase to 25% in April 2023 as the government looks to restore public finances in the aftermath of the Covid-19 pandemic. In his Budget statement Wednesday, […]


Capital and Risk, Macroeconomic

Weekly jobless claims drop sharply but labor market remains challenged

February 25, 2021

Via: CNBC

Jobless claims fell sharply last week despite severe winter storms that swept across Texas and other parts of the South, the Labor Department reported Thursday. First-time filings for unemployment insurance totaled 730,000 for the week ended Feb. 20, well below […]


Capital and Risk, Macroeconomic

How Wall Street Reflects the Economy Biden Inherits

January 21, 2021

Via: The New York Times

What big banks reveal about the economy America’s biggest banks have all now released their financial results for the past year, data that reflect the strange economic situation facing President Biden and his new administration. Parts of the economy are […]


Capital and Risk, Macroeconomic, Regulations

Sen. Rand Paul: ‘Monstrous Spending Bill…Is Everything Republicans Say They Don’t Believe In’

December 22, 2020

Via: CNSNews.com

Both the House and Senate on Monday passed a $2.3 trillion bill, including $900 billion in COVID relief and the rest to keep the federal government operating. The Senate vote was 92-6, with six Republicans voting against the 5,593-page bill […]


Capital and Risk, Macroeconomic

Fed raises its economic outlook slightly, sees 4.2% growth next year and 5% unemployment rate

December 16, 2020

Via: CNBC

The Federal Reserve dialed up its economic expectations slightly for the end of this year as well as for 2021, according to the central bank’s Summary of Economic Projections released on Wednesday. The central bank now expects real gross domestic […]


Capital and Risk, Macroeconomic

November jobs report: US economy adds 245,000 jobs, unemployment rate falls to 6.7%

December 4, 2020

Via: Aol

The U.S. economy added back the smallest number of jobs in seven months in November, as the labor market endured mounting pressure from the coronavirus pandemic while businesses wait for a vaccine to be distributed next year. The U.S. Department […]


Capital and Risk, Macroeconomic

China continuing to outpace the U.S. economy, CFO survey reveals

December 2, 2020

Via: CNBC

For the second straight quarter, the world’s leading chief financial officers have a more positive outlook on the Chinese economy than they do for the economy of the United States. In the Q4 CNBC Global CFO Council Survey, CFOs gave […]


Capital and Risk, Macroeconomic

JPMorgan becomes first major bank to say first quarter GDP will decline because of coronavirus surge

November 20, 2020

Via: CNBC

JPMorgan economists now see an economic contraction in the first quarter due to the spreading coronavirus and related restrictions being imposed by states and cities. The new forecast is a departure from Wall Street’s widely held view that the first […]


Capital and Risk, Macroeconomic

WH Trade Adviser Peter Navarro Warns Lockdowns Are a ‘Regressive Tax’ on the Poor

November 20, 2020

Via: CNSNews.com

White House trade adviser Peter Navarro said Friday that the top states with the highest unemployment are run by Democratic governors while those with the lowest unemployment are run by Republicans. Speaking to reporters outside the White House, Navarro noted […]


Activity, Capital and Risk, Macroeconomic, Trading

If President-elect Biden shuts down the US economy, the Dow would drop nearly 4,000 points: strategist

November 13, 2020

Via: Aol

The last thing bullish post-election season investors want to see is a nationwide lockdown to control the resurgent coronavirus under President-elect Joe Biden. “3,000 or 4,000 [Dow] points lower at least,” veteran strategist David Nelson of Belpointe Asset Management told […]