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The Fed on "Possible Macroeconomic Effects of a Temporary Federal Debt Default"

Calculated Risk

Although other countries have defaulted on their sovereign debt, these defaults occurred in situations where the government could not feasibly continue to service its debt. federal debt ceiling, in contrast, would be a voluntary decision to stop meeting the government’s obligations even though it has no problems doing so.

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The Ultimate Guide to Taxes on Secondaries

Harness Wealth

As dynamic as the secondary market may be, secondaries come with complex tax implications that can significantly impact returns if not properly managed. Table of Contents What is the secondary market? Table of Contents What is the secondary market? What are the tax implications of secondary transactions?

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Financial Market Round-Up – Apr’24

Truemind Capital

Here are some of the popular themes and the risks associated with them: Falling Interest Rates : There has been earnest demand by market participants to cut interest rates in the US and other developed economies on the back of falling inflation rates. Central Governments have given hope of meaningful rate cuts within this year.

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Secretary Yellen to Speaker McCarthy: "unable to continue to satisfy all of the government’s obligations by early June"

Calculated Risk

From Treasury Secretary Janet Yellen to Speaker McCarthy : "After reviewing recent federal tax receipts, our best estimate is that we will be unable to continue to satisfy all of the government's obligations by early June, and potentially as early as June 1, if Congress does not raise or suspend the debt limit before that time."

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What is a BOI Report and How Do You File One?

Harness Wealth

The federal government has appealed this second injunction, indicating its intention to reinstate CTA requirements. Many shell companies are often used to shield illicit activities such as money laundering, tax evasion, and terrorist financing. Harness makes it easy to find tax and financial advisors best suited to your needs.

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Government Debt and Stock Returns

ClearMoney

Exhibit 1 shows that roughly half the Organization of Economic Co-operation and Development (OECD) member countries have general government debt-to-gross domestic product2 (debt/GDP) ratios above 70%, with 10 countries—including the US, Japan, and the United Kingdom (UK)—exceeding 100%. Turning to the Data.

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Financial Market Round-Up – July’24

Truemind Capital

On June 4, the election results showed that the ruling BJP did not achieve a majority on its own, although it remained the largest party in a coalition government. This unexpected result led to a sharp market correction. However, the market began to recover shortly after the initial shock.