Archive for November, 2010

The shares of semiconductors

Tuesday, November 2nd, 2010

The shares of semiconductors have increased on Friday because of the revenue of Marvell Technologies.
But the market ends flat because the investors got back from buying shares. China’s central bank
reserve requirement in the last week for the second time and raises some major indexes in the market.
The revenue of the Marvell technologies is more than the expectation and thus increases the shares
of the semiconductor companies. This company boosts the semiconductor sector and some other
companies in this field like SanDisk also rule the market. More than 6.86 million trades are taking place
in New York Stock exchange, American Stock Exchange and NASDAQ.

Marginal tax rate increasing in US

Monday, November 1st, 2010
Tax cuts on income (tax rebates) introduced in 2001 and 2003 by the Bush Administration will expire on December 31, 2010 and the Obama Administration intends not to extend to people earning more than $ 200,000 a year  and couples earning more than $ 250,000. This group accounts for 2% of American taxpayers. The tax increase includes increasing the tax rate of income tax for these taxpayers from 36% to 39.6%, higher taxes on dividends and capital gains from 15% to 20% and, lastly, stamp duty sequences re-introduced, reaching the rate of 45% for those who receive an inheritance of over $ 3.5 million. The objective is to finance the revenue increasing new fiscal stimulus plans and reduce some of the deficit. There are a number of theoretical and empirical economic literature that shows that increasing the marginal rates of income tax for higher income taxpayers can bring down consumption, reduced labor supply and even a leaking capital, which could produce a net loss of tax revenue. The controversy in the U.S. is served.

The sentiments of holidays

Monday, November 1st, 2010

The investors are in a worry about the black Friday. The market is already in a bad condition because of
the bailout of the Ireland. Americans are always serious about the tradition of celebrating holidays and
festivals. The holidays are coming on the thanks giving day which will be celebrated on next Thursday
and this will lead the stocks to be bad by next week. The investors are expecting that the retail sales
will get into a hike and will help them a little. This week is full of downs and losses and the investors are
expecting a better upcoming week. The sentiments of holidays are affecting the stock market.