While The Stock Market Is Reeling, President Obama Should Announce Broad Capital Gains Tax Cuts In The State Of The Union

English: U.S. President waves to the joint ses...

behind him and force Republicans to the table for a grand bargain. He should borrow from the languageof Jude Wanniski who identified the point of intersection: Ted Forstmann may well be the most successful entrepreneurial financier of our time. It was Forstmann, now a man of immense wealth who began his career with nothing more than a good education at Yale and a trust fund that provided him $500 a month, who let me in on a secret. Men of wealth, he told me, are not interested in a lower capital gains tax, because their gains are behind them.
Source: http://www.forbes.com/sites/cedricmuhammad/2014/01/26/while-the-stock-market-is-reeling-president-obama-should-announce-broad-capital-gains-tax-cuts-in-the-state-of-the-union/

Why a stock market correction should make you happy

Basically the inverse of what happened after the financial crisis, when the universe of prospective sellers dwindled. There could be a case that the recent market moves would spark new M&A, since assets are theoretically cheaper than they would have been just one month ago. But I don’t see it. Price-conscious buyers don’t want to pay discount retail today for what could be wholesale tomorrow.
Source: http://finance.fortune.cnn.com/2014/01/24/what-does-market-dip-mean-for-ma/

Stock Market Today: Futures Tumble as P&G and Honeywell Report Earnings

Pundits have been opining for months about how stocks are overbought and investors are too optimistic. Its about time stock prices turned south. Even a year without a meaningful correction is too long a stretch. Investors get comfortable; the markets proverbial wall of worry breaks down. Click to Play Esteves: Argentina is a special case Andre Esteves, CEO of BTG Pactual, tells WSJs Thorold Barker at the World Economic Forum that Argentinas problems should not infect other emerging markets.
Source: http://www.marketwatch.com/story/why-a-stock-market-correction-should-make-you-happy-2014-01-24

The Myth of a Stock-Picker’s Market

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The UK FTSE 100 also moved sharply lower, writes Sara Sjolin. The U.S. stocks are not far behind. Add a Comment Traders all over the world have been fleeing riskier assets on Friday, and emerging-markets currencies fall under the description.
Source: http://blogs.marketwatch.com/thetell/2014/01/24/stock-market-live-blog-another-triple-digit-dive-for-dow-emerging-markets-in-pain/

What does stock market dip mean for M&A?

financial crisis

It’s not that earnings and revenue have come in poorly. Pyle noted that beats on the revenue side are about 67 per cent (while) earnings were about 73 per cent in terms of beating expectations. However, he observed that it’s not good enough to prevent a correction on U.S. markets that haven’t experienced a serious setback in about 18 months and while the S&P 500 index soared 30 per cent last year.
Source: http://ca.finance.yahoo.com/news/tough-week-expected-stock-markets-emerging-market-worries-110010373.html

Tough week expected on stock markets on emerging market worries, Fed tapering

Here’s why they’re wrong. By Jan. 24, 2014 6:35 p.m. ET http://www.todayhotstocks.com Here we go again.
Source: http://online.wsj.com/news/articles/SB10001424052702304856504579338800864733042

Dow drops 318 points for worst lost since June: stock market live blog recap

Revenue rose by a surprisingly high 8% in the fourth quarter, to hit $10.4 billion, as sales improved significantly in its automation and control and performance materials and technologies divisions. The company reaffirmed its guidance for 2014, saying that it sees sales growth of between 3% and 4% driving a 10% boost in earnings this year, to $5.35 a share. That leaves the stock valued at a reasonable 16 times this year’s earnings. Honeywell shares are unchanged in premarket trading. Finally, Bristol-Myers Squibb today beat quarterly earnings and sales estimates by logging $0.44 a share in profit on $4.4 billion in revenue.
Source: http://www.fool.com/investing/general/2014/01/24/stock-market-today-futures-tumble-as-pg-and-honeyw.aspx

Could Qatar’s Stock Market Trump Dubai’s in 2014?

Dubais market is trading at a price to earnings multiple of about 16.4, according to Zawya.com, in comparison to Qatars P/E of 14.5 and a pan-GCC P/E of 14.6x. Analysts at London-based Noah Capital reckon there is an interesting opportunity for rotation. Dubai index heavyweights such as Emaar Properties have re-rated from excessively cheap, to reasonable, to overvalued, it noted. As the UAE moves out of frontier indices and portfolios and into EM mandates, I struggle to see incremental buying of Dubai at current levels, Emad Mostaque, a strategist, said in Noahs 2014 outlook, in which it rated U.A.E. as sell and had Qatar at buy.
Source: http://blogs.wsj.com/middleeast/2014/01/26/could-qatars-stock-market-trump-dubais-in-2014/

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