We examine stock price responses to the 2018 increase in the long‐term capital gains tax rate in India, a market where individual stock ownership is only 18.5%. Overall, the evidence provides strong support for the continued relevance of long‐term capital gains taxes for stock prices despite ...
We examine stock price responses to the 2018 increase in the long‐term capital gains tax rate in India, a market where individual stock ownership is only 18.5%. Overall, the evidence provides strong support for the continued relevance of long‐term capital gains taxes for stock prices despite ...
U.S. Treasury Secretary Steven Mnuchin confirmed on Wednesday that the administration proposes to cut the corporate tax rate to 15 percent from 35 percent in its long-awaited tax plan. China's JF-17B dual-seat fighter trainer makes maiden flight The dual-seat fighter trainer plane JF-17B deve...
The table below summarizes the Fund's exposure to interest rate risks by remaining term to maturity. Less than ($) 1 year 1-3 years 3-5 years 5-10 years H10 years Total Interest Rate Exposure . . . . . . . . 654,857 1,689,836 7,397,282 7,046,274 0 16,788,249 E. Credit...
We are assuming little structural reform and slightly lower profit margins, with a slightly higher tax regime vs. the current environment. For the US, we assume ~0.5%/year contraction in P/E multiple, with core inflation close to long-term average of...
expressed in USD. But its holdings of EUR-denominated assets are translated into USD at the EUR-to-USD exchange rate at the time. So the magnitude of Japan’s holdings of EUR-assets, expressed in USD, fluctuates with the EUR-to-USD exchange rate, even if Jap...
The Bank of Japan hasn’t budged off its negative interest rate policy for short-term interest rates and it still maintains its rate peg of the 10-year yield at under 0.25% that it threatens to enforce with “unlimited” buying...
The globally increasing trend of fossil fuel consumption has culminated in a historical degradation of the environment and the rising threat of global warm
inflation and the resulting monetary policy of the Bank of Canada, several tax increases instituted by the federal government between 1989 and 1991, the high value of the Canadian dollar, a high unemployment rate, the lowest level of short-term interest rates, and a deficit increase (Wilson et...