Stock market
Comments
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why do you hate Online Trading Academy, where unemployed boomers learn to day trade away their home equity and 401(k)?
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Market up, bonds up. Terrible!
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Actually, if you took a futures bet, you will probably do fairly well. HTHBob_C said:Ts and Ps to those who got killed on overnight stock market futures bets.
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Geo Group the private-prison company is up 21% today.
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And?UWhuskytskeet said:Geo Group the private-prison company is up 21% today.
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Is this not the topic of discussing the stock market? A 20% increase is pretty note worthy.CuntWaffle said:
And?UWhuskytskeet said:Geo Group the private-prison company is up 21% today.
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It was hard to buy into the drop last night. The country just voted in a president that wanted to lower corporate taxes and deregulate businesses, all things Wall Street loves. However, I thought it would take about 7 days to recover, instead it took about 7 hours.
Asian markets however won't recover as easily considering their cheap exports are about to get taxed.
I don't know how this works long-term but the corporate tax cut will bring a ton of money back into our country. For Instance, Apple has about $200 billion dollars sitting overseas because of the high tax rate the U.S. has, now that money is coming back and the country will get about a 10-15% cut. -
Why would Apple bring the money back when Ireland taxes them less than 1%?greenblood said:It was hard to buy into the drop last night. The country just voted in a president that wanted to lower corporate taxes and deregulate businesses, all things Wall Street loves. However, I thought it would take about 7 days to recover, instead it took about 7 hours.
Asian markets however won't recover as easily considering their cheap exports are about to get taxed.
I don't know how this works long-term but the corporate tax cut will bring a ton of money back into our country. For Instance, Apple has about $200 billion dollars sitting overseas because of the high tax rate the U.S. has, now that money is coming back and the country will get about a 10-15% cut.
Tariffs will be applied to American goods just as quick as we apply them to foreign goods. We all get fucked in the end. -
American goods in large part are already being charged tariffs. I don't believe they reciprocate the free trade we give them.UWhuskytskeet said:
Why would Apple bring the money back when Ireland taxes them less than 1%?greenblood said:It was hard to buy into the drop last night. The country just voted in a president that wanted to lower corporate taxes and deregulate businesses, all things Wall Street loves. However, I thought it would take about 7 days to recover, instead it took about 7 hours.
Asian markets however won't recover as easily considering their cheap exports are about to get taxed.
I don't know how this works long-term but the corporate tax cut will bring a ton of money back into our country. For Instance, Apple has about $200 billion dollars sitting overseas because of the high tax rate the U.S. has, now that money is coming back and the country will get about a 10-15% cut.
Tariffs will be applied to American goods just as quick as we apply them to foreign goods. We all get fucked in the end.
The tax rate is being challenged by the EU and Apple may be forced to pay 14.3 billion in back taxes.
Since Ireland is part of the EU, it's being challenged by the EU that it didn't have the authority to give Apple the tax break, so now the EU is wanting to not only raise the tax but retroactively charge Apple what they should have paid.
This is a perfect example of why the UK is leaving the EU.
http://www.nytimes.com/2016/11/10/technology/ireland-apple-tax-vestager.html
