Asset Allocation
What Corporate Cash Use Helps Stocks Most in the Pandemic?
You’d think the answer is stock buybacks. Guess again, says Goldman.
Tag: taxes
Market Moves
Dimon: Minimum Tax on Corporate Proceeds Abroad Is a Very Bad Idea
JPM chief, joined by Citi’s Fraser, says Biden plan will backfire on the US.
Market Moves
Here’s a Bullish Call: JPM Says We’re Entering ‘Market Nirvana’
The bank credits split government, a possible vaccine, Fed actions, and possible trade war abatement.
Market Moves
How a Trump or Biden Victory Might Affect the Economy
S&P Global Ratings analyzes the candidates’ differences and ‘surprising similarities.’
Market Moves
Both Trump and Biden Will Bring Higher Corporate Taxes, PwC Survey Says
A daunting 70% of execs polled think either candidate will boost business levies to help pay for the added trillions in federal relief spending.
Market Moves
Pension Demands Put Local Governments in a Jam, Moody’s Says
With virus-driven costs mounting, cities’ and towns’ financial outlook shifts to negative from neutral, agency rules.
Newsmakers
More Federal Spending Means Higher Taxes, Says Leon Cooperman
Tax breaks like those on capital gains will end, hedge fund hotshot predicts, if either Trump or Biden wins.
IRS Issues Endowment Tax Regulations
Higher education foundations finally get guidance on 2017 excise tax.
Private Investors to the Rescue for Ailing Infrastructure? Not So Fast
Government sources can’t do the job alone. But non-public funding may find a rocky road.
Apollo Is Converting to C Corp Structure
By moving from a partnership setup, the PE firm expects its stock will be bought by indexes and mutual funds.