The Inflation Reduction Act imposes a 15% minimum tax rate on income as reported in GAAP financial statements. It takes effect in 2023. Read More...
Bloomberg
Morgan Stanley Says Dollar Surge Tends to End in Crisis
(Bloomberg) — The US dollar’s recent rally is creating an “untenable situation” for risk assets including stocks, and in the past this kind of dollar strength has led to some kind of financial or economic crisis, according to one of Wall Street’s most vocal bears.Most Read from BloombergJohn Paulson on Frothy US Housing Market: This Time Is DifferentUK Market Selloff Slams Gilts, Pound, Piling Pressure on BOEWall Street Banks Prep for Grim China Scenarios Over TaiwanBank of England Says Paper B
