13th September 2021

  • Fed Seen on Track for 2021 Taper Start Even as Covid-19 Swirls

Policy makers watching data ahead of Sept. 21-22 meeting

Taper unlikely this month but Fed may give a November signal

https://blinks.bloomberg.com/news/stories/QZ7VNQDWRGGN

  • Capex Booms as Companies Prepare for a Post-Pandemic World

Capital spending seen higher across all regions and sectors

Expenditure especially strong in semiconductors and software

https://blinks.bloomberg.com/news/stories/QZCIGNT0AFBQ

  • House Democrats Set to Propose Corporate Tax Rate of 26.5%

Rate and capital-gains plan would fall short of Biden ambition

Cryptocurrency, tobacco among areas targeted to raise revenue

https://blinks.bloomberg.com/news/stories/QZCIS5DWRGG0

  • Biden Team Weighs China Trade Probe in Bid to Press Beijing

Investigation would focus on China’s economic subsidies

White House said to lean toward new tariff exclusion process

https://blinks.bloomberg.com/news/stories/QZ8K5RT1UM2A

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