infrastructurebill
Crypto exchanges in the U.S. will be shunned by investors and the Biden administration will force the multi-trillion dollar sector of the future of money away from America, affirms the boss of one of the world’s largest independent financial advisory, asset management and fintech organisations. Q3 2021 hedge fund letters, conferences and more The comments from deVere Group’s CEO and founder Nigel Green follow the U.S. government signing the $1.2 trillion infrastructure bill into law, weighing on the shares of publicly owned, U.S.-based exchanges. Increased Crypto TaxationWhy? Because within th...
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In hisDaily Market Notes report to investors, while commenting on Ford entering the semiconductor chip business, Louis Navellier wrote: Infrastructure Bill Will Increase InflationOur survey this week revealed that 85% of retail investors believe that the recently passed infrastructure bill will increase inflation. One respondent called it “throwing gas on a fire.” The poor and middle class are increasingly frustrated every time they go to the gas station or the grocery store. Due to a turkey shortage, many Americans are going to be eating chicken for Thanksgiving, but the price of chicken has ...
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In hisDaily Market Notes report to investors, while commenting on Sinic Holdings (Group) Co Ltd (HKG:2103) being downgraded by the S&P Global Ratings, Louis Navellier wrote: Q3 2021 hedge fund letters, conferences and more Bullish Retail InvestorsOur recent survey indicates retail investors are bullish heading into the fourth quarter. While there are many crosscurrents in the markets which could provoke concern, the survey results and associated commentary suggests that investors are buoyed by the prospect of a robust earnings season. That more investors were uncertain about the direction of t...
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In hisDaily Market Notes report to investors, while commenting on Facebook, Inc. (NASDAQ:FB) Louis Navellier wrote: Q3 2021 hedge fund letters, conferences and more Investor DistractionsThe three major factors that are distracting investors are the U.S. budget deficit ceiling, soaring inflation, and supply chain/port bottlenecks. Regarding the U.S. budget deficit, the deficit ceiling will be lifted by Congress before October 18, but not before many politicians get to embarrass each other over the federal budget deficit. We survey our investors each week, and this week’s topic was whether or no...
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In hisDaily Market Notes report to investors, while commenting on the decelerating economic growth, Louis Navellier wrote: Q2 2021 hedge fund letters, conferences and more Investor DistractionsThree major factors are distracting investors, namely the U.S. budget deficit ceiling, soaring inflation, and supply chain/port bottlenecks. Regarding the U.S. budget deficit, I want to assure investors that the deficit ceiling will be lifted by Congress before October 18th, but not before many politicians get to embarrass each other over the federal budget deficit. The proposed infrastructure bill is no...
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Biden scaled back on his infrastructure bill. However, with all the remaining cards still in play, his economic agenda should be positive for gold. Q2 2021 hedge fund letters, conferences and more Trends In The GoldInflation, bond yields, monetary policy… that’s all interesting and crucial to understand trends in the gold markets – but, hey, what’s up in politics? A lot has happened recently on this front. In particular, last month, the world was shocked by the chaotic withdrawal of US troops from Afghanistan. The messy pullover and the quick takeover of the country by the Taliban is not only ...
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The U.S. Senate has blocked an amendment to limit a proposal to increase federal regulation of cryptocurrencies, during the bipartisan infrastructure vote on Monday. [soros] Q2 2021 hedge fund letters, conferences and more Crypto Compromise Amendment BlockedAs informed by CNBC, Sens. Pat Toomey, R-Pa., Cynthia Lummis, R-Wyo., Kyrsten Sinema, D-Ariz., and Rob Portman, R-Ohio, presented the crypto compromise amendment that “would have clarified the definition of a ‘broker,’ who under the current provision text, will be required to report crypto gains in a type of 1099 form.” The definition of a ...
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In hisDaily Market Notes report to investors, while commenting on the Biden administration ignoring Tesla Inc (NASDAQ:TSLA) from the big EV announcement, Louis Navellier wrote: Q2 2021 hedge fund letters, conferences and more We are now in the dog days of summer. That means that when news hits, there's a big yawn often. Obviously, last week was very strong for us. And the fact that we're treading water now on light volume I think is very good, but there are some significant news events out there I should address. Treasury Cracks 1.3%The first one is that the 10-year Treasury yield has cracked ...
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In a Tuesday session of the U.S. Senate, senators from both sides of the aisle voted on amendments to the bipartisan infrastructure bill. The bill, officially called the Infrastructure Investment and Jobs Act, is 2,702 pages long, and supporters believe the measure could be approved by the end of the week by a wide margin. “We are proud this evening to announce this legislation, and we look forward very much to working with our colleagues in a collaborative and open way over the coming days to work through this historic investment in infrastructure,” said Sen. Krysten Sinema (D-Arizona), who l...
uPolitics.com
PHILADELPHIA – Nationally syndicated host and biblical investing authority Dan Celia analyzed the current financial trends, as well as the fate of recent infrastructure bill in the Senate. Q2 2021 hedge fund letters, conferences and more The Fate Of Recent Infrastructure Bill“Markets looked very good on Wednesday, not just because things were positive," stated Celia. “Everything was up about three quarters of 1%. The NASDAQ almost up a full 1%. The Dow is back to where it was before the open on Monday, and Russell 2000 had a very good day. This is a little bit of an index or gauge of small cap...
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