It is extremely difficult to predict a stock market crash; a superficial analysis can lead to false hypotheses. But, having noticed that the market is overheated, you can reinsure yourself – close risky positions and increase a conservative portfolio, personal broker Otkrytie Broker Sergey Troshchenkov told the Prime agency.
“If we are talking about the concept of an efficient market, then everything that happens in the world should already be taken into account in market prices in terms of macro- and microeconomic parameters. Accordingly, based on this hypothesis, the stock market is always assessed fairly and at the moment of there is no collapse, “the specialist believes.
Also, the interlocutor of the agency draws attention to the fact that in the era of near-zero interest rates in dollars and euros, it is completely normal to assess the market at higher multiples than the one that has developed historically.
“The structure of the largest indices has changed dramatically. If earlier there were more cyclical companies in the S & P500, now it is mainly FANGMAN (Facebook, Amazon, Netflix, Alphabet, Microsoft, Apple, NVIDIA). It is clear that these companies should be valued more than the conventional Chevron, US Steel or Coca-Cola, “Troshchenkov explains.
FTS listed the advantages of a single tax payment for business
The Federal Tax Service (FTS) is preparing to introduce a single account for all taxes, fees and insurance premiums for business, RBC reports with reference to the public procurement portal.
The mechanism, which has been in effect since 2019, is planned to be extended to individual entrepreneurs and legal entities – they will be able to pay all taxes, fees and insurance premiums in one payment.
The Federal Tax Service emphasized that the upcoming innovation brings a number of advantages for payers:
- Convenience of paying taxes. To do this, legal entities and individual entrepreneurs only need a TIN and the payment of the amount of payment in one transaction.
- Elimination of errors in settlement documents.
- Mutual accounting of debts and overpayments. Now, in the presence of arrears and overpayments for various taxes and contributions, funds will be redistributed, which will avoid penalties and penalties.
- Services for business in real time. It will be possible to connect auto payment, order detailing and find unaccounted payments in the systems of the Federal Tax Service and the Federal Treasury.
- In addition, the introduction of a single tax account will reduce the burden on government information systems by reducing the number of payments and transactions.