KMAN: Finally, the new iraqi budget for 2016. The only probem is that they whited out the activation date……..http://www.bayancenter.org/en/wp-content/uploads/2015/12/Final-Iraq-Budget-2016.compressed.pdf
DeeMoney: Kman- I just looked at the budget and without understanding most of what I was reading, but at the very end it says activation date January 1, 2016. That’s now right?? What am I missing
OkRocks: Article 53: This Code shall be published in the Official Gazette and put into effect as of January 1st 2016. Reasons: This Code has been legislated to approve The Federal Budget of the Republic of Iraq for the Fiscal Year 2016.
Tidalwave: Page 23 of the budget says that the tariffs law will be activated – good news
by Patrick Gillespie @CNNMoneyInvest December 31, 2015: 4:46 PM ET
The new year couldn’t come soon enough for many investors.
U.S. markets finished 2015 mostly in the red: The Dow was down 2.2%. The S&P 500 ended the year down 0.7%. It was the worst year for those two indexes since markets collapsed in 2008.
The Nasdaq finished 2015 up 5.7%. However, it had double digit gains in the three years prior.
Greece’s debt crisis, the European Central Bank’s stimulus plan and fears of a broader slowdown in emerging markets kept investors on their toes too.
It was a good year for investors on opposite sides of the spectrum. Investors who put extra cash on the sidelines avoided all the negative returns in stocks and bonds. Bank of America declared that “cash is king” in 2015 in a research note in September.
But investors who were bullish on certain tech stocks are ending the year way up. Stocks for Amazon (AMZN, Tech30) and Netflix (NFLX, Tech30) both soared over 115%. Google
(GOOG) and Expedia (EXPE) each finished 2015 up over 45%. Facebook gained 34%.