Saturday, May 14, 2011

DailyMarkets.com - Another Sign Manufacturing Leads Recovery: Mich. Could Collect $1Billion In Extra Taxes In 2011-2012

DailyMarkets.com - Another Sign Manufacturing Leads Recovery: Mich. Could Collect $1Billion In Extra Taxes In 2011-2012


Another Sign Manufacturing Leads Recovery: Mich. Could Collect $1Billion In Extra Taxes In 2011-2012

Posted: 14 May 2011 04:41 PM PDT

LANSING — “A day after the Legislature delivered most of Gov. Rick Snyder’s business and personal income tax overhaul, state government got the best news it’s had in a decade: Tax collections are exceeding expectations again, with analysts predicting Friday that the state will take in up to $690 million more next year than had been forecast only four months ago.

Forecasts released Friday by the House and Senate Fiscal Agencies said 2012 tax collections will be between $484 million and $690 … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Inflation Expectations Are Falling In Bond Market

Posted: 14 May 2011 04:25 PM PDT

Based on the “breakeven rate,” or the difference between 10-year nominal Treasury yields and 10-year Treasury Inflation Protected Securities (TIPS) yields, the bond market’s expectation of future inflation has been falling over the last month, not rising.  After peaking at 2.65% on April 11, the breakeven rate has been gradually falling, and dropped below 2.40% yesterday (Friday) for the first time since March 23.  That’s a 25 basis point drop in the breakeven rate over the last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


The “Crazed Pursuit Of A Level Playing Field”

Posted: 14 May 2011 03:51 PM PDT

“For 30 years, [stock market] regulators have been driving themselves and the markets batty with their crazed pursuit of a “level playing field”—the weird idea that the stock market should be some kind of informational potato-sack race in which all boys and girls have an equal chance to win.

There is no level playing field. Nor does there need to be one for the stock market to be an acceptable place for the public to park its savings. The efficient-markets hypothesis may not be in the best … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


New Course!

Posted: 14 May 2011 03:20 PM PDT

Hey folks!
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My new course is packed with money-making techniques that use familiar indicators that you probably already use…but not like this!
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Identifying prime entry and exit zones
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National Bank Of Serbia Holds Rate At 12.50%

Posted: 14 May 2011 01:52 PM PDT

The National Bank of Serbia maintained its 2-week repo rate unchanged at 12.50%.  The Bank said: “The Executive Board judges that the key policy rate has reached or is very near a peak of its current cycle,” and also went on to say: “Nonetheless, as the inflationary pressures continue, the authorities must be rather cautious in reducing the degree of monetary policy restrictiveness, taking into account all instruments of monetary regulation available.”  Serbia reported annual … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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