tyb
Cognizant CEO bought $1.16m in shares-May 23
Cognizant Technology Solutions is one of the world's leading service providers in information technology. The group's activity is organized primarily around 2 areas:
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design and integration of solutions and systems: design and management of technical infrastructures, development of Internet solutions (portals, commerce sites, etc.), integration of ERP solutions, deploying decision-making applications. Moreover, the group offers technological consulting services;
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maintenance services.
Net sales break down by market as follows: financial services (38.1%), health care (28.8%), commerce and logistics (20.5%), and communication/media/technology (12.6%).
Net sales are distributed geographically as follows: North America (77.3%), Europe (16.2%), and other (6.5%).
https://www.marketscreener.com/COGNIZANT-TECHNOLOGY-SOLU-23219296/company/
https://www.secform4.com/insider-trading/1058290.htm
Quite the roller coaster here today-less so at the long-end, Bond Mkt closes in about 30 minutes.
https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx
trips confirm. we may even get something from Q+.
dunno if I believe this because of who is putting it out but….mebby it will…mebby it won't. Be worth it to buy our own stuff either way.
Latest China Tariffs Will Cost American Households $831 Per Year, Fed Says
American consumers will bear at least some of the costs of the new tariffs, though the extent will depend on how companies react to the new taxes (that is, whether they will pass it on to consumers, tolerate the gross margin hit, or decide to rejigger their supply chains).
But as analysts scramble for a 'ballpark' figure representing how much this latest round of tariff escalation (going to 25% from 10% on $200 billion in Chinese goods) will cost the average American household, a team of researchers working with the Federal Reserve Bank of New York have an answer of their own: $831.
That figure stems from an update of methodologies the team devised last year. Their calculations are based on two categories: taxes and 'dead weight' costs.
A 'dead weight' cost is incurred when tariffs push a company to find a new, less efficient source for a given product. For example: If a given Chinese import is hit with a 10% tariff, a company can either choose to pay the additional $10 per $100 in taxes, or it can find another producer of the same product that isn't subject to tariffs. Say, for example, the company switches to importing the products from a Vietnamese factory where, because the factory isn't as efficient, the same product for which the company once paid $100 will instead cost $109.
As of November 2018, the researchers calculated that American companies were paying $3 billion per month in added taxes, while shouldering another $1.4 billion in deadweight losses. Annualized, this amounts to $52.8 billion, or $414 per household.
The team plugged in the new tariff rates and came up with a new number: $831 per household per year. Though there is one other factor that they had to account for. Tariffs and deadweight costs don't rise proportionally. Rather, as tariffs increase, more companies opt to shift to cheaper producers. Oftentimes, the tax revenue collected by the government actually falls. This is ultimately a net negative for the economy because, while tax revenue can theoretically be rebated (in the form of spending like, say, a farm bailout) losses to inefficiencies are simply lost.
The Fed's estimate is hardly the most extreme: A study published late last year by ImpactECON and commissioned by Koch-supported lobbyists warned that the tariffs, as they stood before the most recent escalation, would cost households $2,000 per year.
'''this one is certainly total and complete bullshite-look who it's from- no conflicts here…
But if the researchers are correct, and the tariffs stir up more of that inflation the Fed has been waiting for, it could quickly become a self-perpetuating cycle of rising costs as the central bank confronts the fact that it has 'no choice' but to raise interest rates.
https://www.zerohedge.com/news/2019-05-23/latest-china-tariffs-will-cost-american-households-831-year-fed-says?
have been watching the daily's fren. spoke last week. Hopefully they do the trophy however the security may keep that from habbening. He may do it from the box. Wish I was there!
祝祭の残りを楽しみなさい。!
it's not a big move if you look at %'s but that market is massively larger than stock's so small moves are magnified across many things and financial products. That part closing for the holiday weekend. Enjoy anon!