News Stocks 

GE stock is a ‘screaming buy,’ a ‘spectacular opportunity,’ strategist says

“Bottom line: McDonald says General Electric stock is a buy at these levels given the risk-reward he sees, and how far the stock has tumbled” writes unknown author for cnbc.com. This doesn’t surprise McDonald, who said the credit markets are rather unconcerned with the company’s credit quality. • “It’s really an intermediate story.Over the next six months the risk-reward on GE is fantastic, and it’s really a screaming buy here,” he said. • The stock has fallen nearly 11 percent in the last week.Here’s why. • “I’m watching GE because…

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News 

Senate Republicans Added A Tax Break For Companies Already Offering Paid Leave

“There is consensus on what would work, Shabo, Bravo and McCloskey pointed out: enacting a policy that gives American workers paid time off” writes Senior Reporter for huffingtonpost.com. There are a few problems with the tax credit itself, said Vicki Shabo, a vice-president at the National Partnership for Women and Families.The reality is that no one knows whether tax incentives would translate into more paid leave, Abby M. McCloskey wrote in the right-wing National Review. Source: huffingtonpost.com Share This:

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There could be a multi-trillion dollar opportunity waiting in India, Morgan Stanley says

“India’s push to digitize has seen its economy undergo massive changes, but that presents a multi-trillion dollar investment opportunity as both tax compliance and access to credit increase, according to Morgan Stanley” writes Sri Jegarajah for cnbc.com. Still, as the Indian economy returns to a sense of normalcy, the country could be set to reap the benefits of those reforms.”The good thing with digitization, apart from bringing more cash into the economy … is credit,” Anil Agarwal, head of Asian financial research at Morgan Stanley, told CNBC on the sidelines…

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Markets News 

Goldman’s top trades for 2018 go heavy on emerging markets

“Goldman Sachs top trade recommendations for 2018 are heavily concentrated on bets around growth in emerging markets and shorting U.S. assets” writes Anora M for marketwatch.com. To get more regional exposure in emerging markets, Goldman recommends betting on growth in specific Asian countries and non-oil commodities.The trade recommendations are derived from key market themes: strong and synchronous global expansion, especially in emerging markets, and relatively low recession risk.Goldman said the two most prominent risks to markets in 2018 are a dent to profit margins—and thus to earnings growth—due to higher…

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As U.S. Debates Ending Electric Car Tax Credit, China Aims to Expand Sales

“The Senate tax bill, which faces increasingly uncertain prospects, does not call for repeal of the electric vehicle tax credit” writes Keith Bradsher for nytimes.com. The country will require each carmaker that year to sell cars with an overall average fuel economy of 47 miles per gallon.There are some differences between the American and Chinese fuel economy tests that make them not strictly comparable, however: The Chinese tests tend to show a slightly higher fuel economy for the same cars. Source: nytimes.com Share This:

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8 smart tax moves to make before the end of the year

“Possible tax reform: The Senate tax reform bill would leave both credits in place under the existing rules” writes Bill Bischoff for marketwatch.com. It’s time to think about making some moves to lower your personal 2017 federal income tax bill while also positioning yourself for tax savings in future years.Possible tax reform: Both the House and Senate tax reform bills would eliminate this option for 2018 and beyond, so use it this year or maybe lose it.With those thoughts in mind, here’s part 2 of our list of the best…

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The 1% now own a staggering amount of the world’s wealth — and it’s proof inequality is worsening

“Measured overall, Credit Suisse found that total global wealth rose 6.4% from mid-2016 to mid-2017 to $280.3 trillion” writes Pedro Nicolaci Da for businessinsider.my. The world’s richest 1% of families and individuals hold over half of global wealth, according to a new report from Credit Suisse.Stock market gains helped add $8.5 trillion to US household wealth during that period, a 10.1% rise.The report suggests inequality is still worsening some eight years after the worst global recession in decades. Source: businessinsider.my Share This:

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News Regulators 

Auto lending is vigorous even as high-risk delinquencies build

“In all, there were $1.2 trillion in auto loans outstanding in the U.S., up $23 million from the previous quarter” writes Rachel Koning Beals for marketwatch.com. Only about one-third of all outstanding subprime auto debt, that carried by the lowest-rated borrowers, was originated by banks and credit unions.That’s more than double the 4.4% delinquency rate for subprime loans made by traditional banks, a number that’s largely improved since the end of the financial crisis.Auto loans have grown for 26 straight quarters, drawing more scrutiny of the expansion of the riskiest…

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Markets News 

Get tokenized with fiat. Guarda wallet announces the option to buy tokens with a credit card.

“Thus, the Guarda wallet became the multi-currency wallet with easy access to all of the tokens seamlessly” reports newsbtc.com. The Guarda app combines all the necessary solutions inside: crypto-currency purchasing, token purchasing and currency transferring directly to smart contracts.Guarda wallet came to the market with a simple yet innovative idea to make crypto-funds safe and secure.Guarda app allows to manage multiple digital currencies all in one place.The tokens can be bought, transferred and stored in just a single app while facilitating the need to purchase tokens. Source: newsbtc.com Share This:

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