Tuesday Look Ahead: Tax Compromise is Gift to Markets as Traders Await Santa Rally
EXCERPT:
"The proposed extension of Bush era tax cuts is another gift to markets and makes a year-end Santa rally even more likely.
President Obama Monday said he would support a tentative compromise to keep in place all Bush tax cuts for two years, as well as extend unemployment benefits for 13 months. The White House also added a reduction in the Social Security tax for workers to 4.2 percent from 6.2 percent for a one-year period.
Traders and analysts, for weeks, have been predicting an extension of all of the tax cuts, including those that keep capital gains and dividend taxes at a maximum 15 percent.
Translation: Traders & Analysts have been "predicting" this? Get right out of town! They sure work behind the scenes now don't they?
All this free bounty... Kind of makes you want to go right out and shop doesn't it?
TBP Gift Guide
EXCERPT (from the "The Wall Streeter who SHOPS when he's not BLOGGING about typical recoveries")
"Okay, I’ll admit it: I am a bit of a shopper.
I enjoy finding items, gadgets, books, etc. Not just high end items, but products that are fun, well designed, interesting or unusual.
If you have people on your list who are tough to shop for, here are some suggestions from me to you. (We did a few of these last year and they were well received. I can continue to post my favorite eclectic oddities if the crowd likes.)"
That's so sweet and nice... Anybody curious as to what's on CV's "wish list" oddities (besides the perfunctory Frobisher & Gleason Raspberry flavoured ice lolly, & "whirled peas" - which I'm still trying to visualize)
Umm... How about...?
- some more nickles (bitchez)
- a lap dance from Blythe Masters (for my silver bars & rounds)
- a lap dance from Blythe Masters (for my silver bars & rounds)
- a years supply of catfood
- & a couple of 100 pound propane cylinders (to keep the electricity on in case of emergency)
- How about some Justin Beiber "snuggies"
- and a pile of wood to burn to stay warm
Of course, I don't want to cut down any trees to do that, so a stack of crappy books ought to do fine...
Fahrenheit 451 bitchez! (The "HYPE" of Audacity)...
Oh wait... Sorry to insult your sensibilities... You're right... We all should agree to be AGAINST any destruction of dissemination of thoughts & ideas (even if my only purpose was to stay warm & stay alive)...
Obama administration to WikiLeaks: Documents' release would have 'grave consequences'
Assange making arrangements to meet police, lawyer says
Goback to shopping and having a Merry Christmas folks... The "teleprompter in chief " has assigned Action Jackson to the case so as to protect you from anything harmful reaching your ears...
CV needs a little Christmas jingle himself... So today's thread was sponsored by... OMG Bank (who reminds you to)...
"Just give them your money"
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