Dec 08, 2012 10:16 AM IST
Investors typically sell stocks to cut their losses at year end. But worries about the "fiscal cliff" - and the possibility of higher taxes in 2013 - may act as the greatest incentive to sell both winners and losers by December 31.
- Dec 06, 2012 03:13 PM IST
Jan Dehn, co-head research, Ashmore Investment Management, feels that a deal on fiscal cliff will be reached by January. He is of the view that both the Democrats and the Republicans have too much to lose if they don‘t find an agreement.
- Dec 06, 2012 12:22 PM IST
Naveen Mathur, Associate Director, Commodities & Currencies, Angel Broking spoke to CNBC-TV18 about the concerns holding the commodities today. He feels bullion on gold and silver is bearish today due to the strength in the dollar index putting pressure on the rupee.
- Dec 05, 2012 05:14 PM IST
In an interview to CNBC-TV18, Edward Pulling, managing director & chief information officer, Asia Pac Equities, JP Morgan AMC gives his predictions for the Indian economy.
- Dec 05, 2012 11:15 AM IST
Tim Ghriskey, CIO, Solaris Asset Management explains that the dilly-dallying among politicians on the resolution of the fiscal cliff is weighing down on the US corporate sector and the GDP. He forecasts the uncertainty and negative impact to the GDP to continue into the last quarter of FY13.
- Dec 05, 2012 03:00 AM IST
President Barack Obama dangled the possibility on Tuesday of lowering tax rates in 2013 with a broad US tax code revamp, but he stood firm on insisting rates for the wealthiest must rise as part of a deal to avert the "fiscal cliff," a series of budget cuts and tax increases that will begin taking effect on December 31, unless Congress acts.
- Dec 04, 2012 11:37 AM IST
Richard Gibbs, Global Head of Macquarie Securities feels as the end of the year is approaching, the markets will be more focused on the US fiscal cliff.
- Dec 04, 2012 07:42 AM IST
The White House dismissed a "fiscal cliff" proposal from congressional Republicans on Monday that included tax reforms and spending cuts, saying it did not meet President Barack Obama's pledge to raise taxes on the wealthiest Americans.
- Dec 04, 2012 04:36 AM IST
The long, bumpy road to America's "fiscal cliff" has been traveled over many years by Congress and a series of US presidents, including Barack Obama.
- Dec 03, 2012 12:02 PM IST
With December's onset bringing Christmas sharply into focus, the pace of fiscal cliff negotiations between Democrats and Republicans will pick up starting this week, according to lawmakers and their aides.
- Dec 03, 2012 10:10 AM IST
The Sensex gained over 68 points to trade at 19,408 in early trade today. The index has gained nearly 835 points in the previous four sessions. Meanwhile, the Nifty, moved up by 13.15 points to 5,893.
- Dec 03, 2012 08:26 AM IST
The global economy is on edge - and that's without the US "fiscal cliff."
- Dec 01, 2012 10:30 AM IST
President Barack Obama turned up the pressure in "fiscal cliff" talks on Friday, hitting the road to drum up support for his drive to raise taxes on the wealthy and warning Americans that Republicans were offering them "a lump of coal" for Christmas.
- Dec 01, 2012 10:16 AM IST
In normal times, next week's slew of US economic data could be a springboard for a December rally in the stock market.
- Nov 30, 2012 03:55 PM IST
In an interview to CNBC-TV18, Sarah Hewin of Standard Chartered articulated her expectation on fiscal cliff. She said it is possible that at the last minute there will be a compromise agreement. She also said she is expecting a fiscal tightening in the first quarter.
- Nov 30, 2012 02:10 PM IST
As markets continue to wait with bated breath over the outcome of "fiscal cliff" talks, one fund manager said, the worst case scenario may not be so bad.
- Nov 30, 2012 09:29 AM IST
The White House is seeking USD 1.6 trillion in tax increases up front, as well as USD 50 billion in additional stimulus spending, as part of any "fiscal cliff" deal, Republican aides said Thursday as talks aimed at averting the economy-rattling cliff turned testy.
- Nov 29, 2012 10:42 PM IST
Top Republican lawmaker John Boehner said on Thursday that no substantive progress has been made to avoid the "fiscal cliff" of spending cuts and tax hikes that will start to go into effect early next year if Washington does not act.
- Nov 29, 2012 08:22 PM IST
Financial major Goldman Sachs today raised the Indian stocks to "overweight" from "market-weight" and said the NSE Nifty will scale the 6,600 level by December 2013, on the back of growth recovery and moderation in inflation going forward.
- Nov 29, 2012 05:00 PM IST
World shares hit a three-week high and commodities gained on Thursday on optimism that U.S. political leaders would eventually reach a deal to avoid a fiscal crisis which threatens to derail growth in the world's biggest economy.
- Nov 29, 2012 03:50 PM IST
Goldman Sachs CEO Lloyd Blankfein described President Barack Obama's plan for Washington to reach an agreement on the "fiscal cliff" as detailed and "very credible." However, he cautioned that marginal income tax rates may have to rise to seal a deal.
- Nov 29, 2012 10:28 AM IST
Warren Buffett expects Washington lawmakers will come up with a compromise on the "fiscal cliff," but he's not sure that will happen by the end of the year.
- Nov 29, 2012 09:25 AM IST
Simon Wardell, director- oil markets, IHS Global Insight, says that he expects Brent crude to touch USD 105-115 in near term. However, any disturbance in the Middle East can spike price.
- Nov 29, 2012 09:04 AM IST
President Barack Obama said on Wednesday he hoped to reach an agreement with Congress before Christmas to avoid the looming "fiscal cliff" and shrink the budget deficit, and ramped up efforts to rally the public to press Republicans for action.
- Nov 29, 2012 08:57 AM IST
President Barack Obama opened a new front on Wednesday in the battle between Democrats and Republicans over the best way to avoid the year-end "fiscal cliff" - Twitter.