30 March, 2017 by The TZ Newswire Staff Comments Off on Barry Bannister’s Comprehensive Macro Outlook Suggests Bear Market in 2019
Barry Bannister’s Comprehensive Macro Outlook Suggests Bear Market in 2019
The main theme of Bannister’s outlook puts a target for the S&P 500 at 2,500 in 2017, followed by a top in 2018 and a bear market the year after. His forecast is largely based on the idea that we are three years into a Fed tightening cycle when looking at the “Shadow Fed Funds rate”…
30 March, 2017 by The TZ Newswire Staff Comments Off on Is MTM required for Sched C deductions?
Is MTM required for Sched C deductions?
Hi,
I’m an active trader who fits all the requirements for filing with trading status, but have elected not to use the MTM election. Does this mean I won’t be able to take Schedule C deductions?
I’ve read many conflicting opinions about this and the IRS tax topic is confusing.
https://www.irs.gov/taxtopics/tc429.html
Specifically, it states:
30 March, 2017 by The TZ Newswire Staff Comments Off on Australia, private sector credit for February: 0.3% m/m (expected +0.5%)
Australia, private sector credit for February: 0.3% m/m (expected +0.5%)
Private sector credit, February
+0.3% m/m, missing on estimates
– expected +0.5%, prior 0.2%
And +5.0% y/y
– expected 5.3%, prior 5.4%
mmmm computer crash … grrr … this from the Reserve Bank of Australia release:
30 March, 2017 by The TZ Newswire Staff Comments Off on Flashback: Mike Flynn said immunity probably equals guilt
Flashback: Mike Flynn said immunity probably equals guilt
Past comments show that Donald Trump’s former national security adviser once associated immunity with guilt.
30 March, 2017 by The TZ Newswire Staff Comments Off on Kushner-led group buying Invesco out of Dumbo Heights
Kushner-led group buying Invesco out of Dumbo Heights
In a $600 million deal, Kushner Companies, RFR Realty and LIVWRK are buying out their partner Invesco in Dumbo Heights, The Real Deal has learned. Sources familiar with the deal, slated to close Friday, said the five-building office-and-retail development was recently appraised at $700 million. The trio are buying the majority of the complex for $600 million from the current partnership, in which Invesco has the dominant equity stake, sources said. The remaining piece of […]
30 March, 2017 by The TZ Newswire Staff Comments Off on SpaceX successfully launches a used rocket
SpaceX successfully launches a used rocket
On Thursday, SpaceX successfully re-used a rocket that was initially used on mission CRS-8 almost a year earlier. Unfortunately, the live feed cut out just as the rocket was being recovered.
30 March, 2017 by The TZ Newswire Staff Comments Off on Trump trade tweet sets tone for tense first meeting with China leader
Trump trade tweet sets tone for tense first meeting with China leader
President Trump tweeted on Thursday that the United States could no longer tolerate massive trade deficits and job losses.