How strong is the US fiscal stimulus? More than 100 million households “paid zero taxes” last year

How strong is the US fiscal stimulus? More than 100 million people paid zero taxes last year According to a recent survey, more than 100 million households in the US, equivalent to 61% of all taxpayers, paid zero federal income tax in 2020. The coronavirus pandemic and federal stimulus policies have led to a surge in the number of Americans not owning federal income taxes or receiving tax credits from the government. According to this report by the American City-Brookings Tax Policy Center (Urban-Brookings Tax Policy Center), 107 million households did not owe personal income tax in 2020, compared to 76 in 2019

新浪財經Aug 19, 2021 07:14

Hedge funds' short positions in junk bonds are the largest since the Lehman crisis.

Original title: hedge fund junk short positions reached the largest since the Lehman crisis a month ago, zero hedging analysts warned that the Fed's continuous intervention has let some troubled investors out of difficulties, after the Fed cut interest rates several times last year, even the lowest quality junk bonds (CCC bonds) prices have risen sharply, the original "high yield bonds" have become "low yield" It also provides time for zombie companies everywhere to survive. Moreover, as long as more people come in and central banks continue to inject hundreds of billions of dollars into the market every month, then horse racing and dancing will lead to a junk debt spree.

金十數據May 11, 2021 19:04

Rising wages, superimposed shortage of raw materials, inflation is brewing in American companies.

The latest report from the Labor Department shows the biggest quarterly increase in employee pay since 2003. Companies say raw material shortages and supply chain challenges are likely to continue to brew inflation in the US industrial circle until 2022, as more and more raw material shortages lead to longer delivery times and manufacturers are unable to keep up with the pace of the economic rebound. Wage growth also began to have an impact when manufacturers tried to deal with commodity supply chain problems. According to the latest report from the Labor Department, corporate pay has seen its biggest quarterly increase since 2003. At a time when monetary and fiscal policies are conducive to faster economic growth, the labor force

新浪財經May 11, 2021 00:36

Fed survey: Americans expect a record rise in house prices and rents

Americans are predicting an all-time increase in house prices and rents in the coming year, according to the latest monthly consumer survey by the New York Fed. The median expected rise in house prices is 5.5%, according to a survey of consumer expectations released on Monday. At the beginning of the epidemic a year ago, the forecast fell to zero. The rise was strongest in the south and north-east, and house prices are expected to rise in all age groups, education levels and income groups. Rents are expected to rise for the fifth month in a row, and consumers expect rents to rise by 9.5% in the coming year. It is not only up from 9.3% in March, but also about twice as high as it was a year ago. Overall consumer inflation in the coming year

新浪財經May 11, 2021 00:32

NIO Auto's net loss in revenue of 6.6 billion yuan in the fourth quarter narrowed 48.4% year-on-year

On the morning of March 2, Beijing time, NIO Auto (NYSE: NIO) today released the company's financial results for the fourth quarter and full year of 2020 ending December 31. According to the report, NIO Auto's total revenue for the fourth quarter was RMB 6,641.1 billion (US$1,017.8 billion), up 133.2% from the same period last year and up 46.7% compared to the previous quarter; net loss was RMB 1,388.6 million (about US$212.8 million), a decrease of 51.5% compared to the same period last year, an increase of 32.6% over the previous quarter; attributable to the company's common shareholders

新浪科技Mar 2, 2021 06:15

Veteran Wall Street Trader: Fasten Your Seatbelts and the Stock Market Will Suffer More

Art Cashin, a senior Wall Street trader, said on Friday that investors should prepare for stock market fluctuations as Wall Street digests rising US bond yields. Cashin said, “You have to be very careful. (Good or bad) There's only a line between them. If the market begins to believe that the Federal Reserve has lost control over the direction of the bond market, then all thoughts of an “taper tantrum (taper tantrum)” will surface. “If the market starts to believe that the Federal Reserve is out of control, and the Fed feels this, then the Fed may backfire,” Cashin explained

新浪財經Feb 27, 2021 01:10