2017 QV-GDAXi-DJ-GOLD-EURUSD-JPY
historisch die nächsten 14 Tage seitwärts
ab montag kommen die big boys aus dem urlaub zurück und finden die knöpfe, die seit dem 16.12. versteckt wurden
:-)
eigentlich kein vernünftiger handel mehr möglich ist.
für Zeiten von einem V-Dax unter 17 eine schöne Lektüre
President-elect Trump keeps threatening to impose tariffs on imports to boost U.S. manufacturing.
Economists keep saying that would backfire. Trade wars would break out as other countries react with tariffs on U.S. exports.
But House Speaker Paul Ryan suggests that comprehensive tax reform with a "border adjustment tax," as proposed by House Republicans, could achieve Trump's goal minus the trade war.
A BAT would "eliminate the incentives created by our current tax system to move or locate operations outside the United States," according to the blueprint.
There's no guarantee that Trump will sign on to the idea. Nor is it clear the Senate will either. And Trump could push for both tariffs and tax reform. But political strategists believe a BAT might be included in a tax reform package.
Based on discussions with experts at the Tax Foundation, the American Action Forum, Capital Economics and EY, here's a breakdown of what a border adjustment tax is, what it's not, and how it could work.
Related: Trump taps Navarro to lead new trade council
What is a border adjustment tax?
It's not actually a tax or a tariff. It would be a fundamental change to the way the U.S. government taxes imports and exports. In a tax system with border adjustment, companies would no longer be able to deduct the cost of their imported goods, and the sales of their exports would no longer be subject to U.S. tax. That means American companies could reduce the prices for products they sell abroad.
How is a border adjustment tax different from a tariff?
A tariff affects imports. A BAT affects imports and exports.
Second, a tariff raises consumer prices. A border adjustment tax is not supposed to raise prices -- it's supposed to be neutral in its effects on trade and pricing.
Would prices go up for consumers with a BAT?
Initially, imported goods would be more expensive, and exported U.S. goods would be less expensive. But proponents of a BAT say those price changes would be fully offset by a quick rise in the value of the U.S. dollar. In other words, Americans would pay higher prices for stuff but their money would go further because the dollar would be stronger.
How would a BAT push up the value of the dollar?
When you make U.S. exports more affordable to consumers in other countries, that will drive up demand for U.S. goods. That higher demand would then make the U.S. dollar appreciate.
On the import side, a BAT makes imported goods more expensive and that reduces U.S. demand for them. That lowered demand reduces the amount of U.S. dollars available to foreign suppliers of those goods. And that scarcity of dollars would then also drive up the greenback's value.
Related: Trump mulls up to a 10% tariff on imports
Would it create more jobs in the United States?
Not necessarily. A BAT isn't intended to be a major job creator. However, the Trump team and House Republicans may sell it that way.
So why bother with a border adjustment tax?
It would make the tax system more efficient. A BAT would make it harder for U.S. companies to avoid U.S. taxes. And it would reduce the incentive to move operations abroad simply for tax purposes.
Will China and other major trading partners protest a BAT?
It's not possible to predict the political response if Congress adopts a BAT. If it's implemented in a neutral way, it would affect all imports, without regard to country or industry or type of good.
Related: Argentina tried a Trump-like tariff, and it went wrong
The case for a BAT - and its major risk
The major assumption of a BAT is that prices in America effectively would not go up because the dollar's rising value would offset the increased cost of imports.
But there is also a major risk: If the dollar does not strengthen enough as expected, the price of consumer goods would go up. And that would hurt working Americans.
CNNMoney (New York)
http://money.cnn.com/2016/12/28/news/economy/border-adjustment-tax/
http://money.cnn.com/2016/09/15/news/economy/trump-tariff-ford-mexico/
Gold
Kursstand: 1.174,48
Intraday Widerstände: 1.192+1.225
Intraday Unterstützungen: 1.155+1.124+1.088
Rückblick: Der Goldpreis bewegte sich in den vergangenen Wochen stark bis auf 1.124 USD zurück, um sich vor dem Jahreswechsel leicht zu erholen. Mit dem Beginn des neuen Jahres beginnt auch der Ausbruch über die alte Abwärtstrendlinie, was die Notierungen bereits fast wieder an die 1.192 USD führte.
Charttechnischer Ausblick: Eine Erholung ist nun erfolgt, sodass unterhalb der 1.192 USD auch die Möglichkeit gegeben ist, die Korrektur der Vorwochen wieder aufzunehmen. Verkaufssignale bieten sich aber erst bei einem Ausbruch aus dem bei 1.155 USD derzeit liegenden Aufwärtstrend. Sollte es dem Goldpreis hingegen gelingen, die 1.192 USD zu durchbrechen, könnten 1.225 USD bald erreichbar werden.
Quelle: www.godmode-trader.de
Eine Korrektur im Aktienmarkt wäre mir lieber ;-)
Das Volumen ist arg gering, hier weiß keiner mehr was er machen soll bzw. die Bigboys überlegen wo hin man den Dax jetzt pusht.
Man nagelt sich ständig am EMA 38 im Tageschart einen ab.
USA: Neugeschaffene Stellen außerhalb der Landwirtschaft Dezember 156.000. Erwartet wurden 175.000 nach 178.000 zuvor.
Eilmeldung –14:30
Quelle: www.godmode-trader.de
USA: Arbeitslosenquote Dezember 4,7 %. Erwartet wurden 4,7 % nach 4,6 % zuvor.
Quelle: www.godmode-trader.de
Ergo, Wirtschaft weiter on track, aber die 3 eingepreisten Zinserhöhungen sind nicht mehr ganz so sicher. Also, eher Tendenz weiter hoch.
Ich habe seit heute Mittag ein Lufthansa Call mitlaufen. Der dürfte dann noch ein wenig hochgezogen werden.
Quelle: www.godmode-trader.de