Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/speculative trading

Wyden’s Proposal for taxing oil and gas speculators

…to purchase those commodities and treat any profits on related trading as ordinary. But speculators pay lower capital gains rates on trading profits, which may well mean that their trading

Shrill

…faire. Before moving on to discuss Cowen’s effort to dodge data by redefining terms, I note that it does *not* become a statement about asset prices and trading volume for…

"Price Revelation" is mysticism.

…is efficient, the best trading strategy is to buy and hold the market. If it is inefficient, then CDS prices are not probabilities. The trading strategies which brought down the…

General Equilibrium theory and Finance

…Pareto improvement. In fact, for an open set of economies (definition after the jump) banning trading in a security causes a Pareto improvement. Generically, if markets are incomplete, there is…

Currency and regional partnerships

…our trading partner countries” — an apparent reference to China.Malaysian had insisted previously that it is not working with China on changes to their currency exchange rates, although it had…

Multinationals and National Income Accounting

…Hence, most of the value added accrues to the trading company. Tax can be avoided if the trading subsidiary is able to pay a lower effective tax rate than the…