Group items tagged

Since President Obama took office we've seen a total change in the monetary and fiscal stability in the United States. With a record number of American's on food stamps (More than 44.5 million Americans received SNAP benefits in March, an 11 percent increase from one year ago and nearly 61 percent higher than the same time four years ago.)

Many investors are unaware of new tax that will be levied as part of the Supreme Court's decision to uphold President Obama's health care reform. The investment tax, as it is being referenced, will add 3.8% to dividends, capital gains, rents, royalties, annuity income, and interest.

In the evening session we expect, precious, base metals and crude oil prices to trade on a positive note on the back of mixed market sentiments along with weakness in the DX. Hopes that the US debt ceiling might be lifted or postponed till May 2013 is also expected to add to the gains. The House of Representatives are scheduled to vote today to pass legislation suspending the government's $16.4 trillion debt limit until May 19, 2013. This might provide republicans to plan to focus on spending cuts which needs to be resolved amongst President Barack Obama and congressional Democrats.... Read Full report here- http://onlinetradingttips.blogspot.com