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David Pope - S&P Capital IQ

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  • The Economic Impact Of Tax Policy [View article]
    Several sites that look at changes in tax rates and impact on GDP and find no or minimal effect on GDP:

    http://bit.ly/y13bv6
    http://mailer.fsu.edu~jgwartne/garnet-jgwar...
    http://bit.ly/yfVrFG

    While pondering your point, I disagree that the delta is more important. Consider an example. Which should be more important.

    Moving from 15% to 18% or 21%to 24%.

    or

    GDP in 15% periods compared to 24% periods.
    Feb 24 08:25 AM | Likes Like |Link to Comment
  • Biotechnology FDA Approval Catalyst Strategy [View article]
    The FDA will project the decision date initially as an estimate. AS that date draw close you can get the expect decision dates on sites such as biorunups.com. Occasionally the FDA will issue a 'surprise' decision earlier than anticipated. Hope this helps. DP
    Feb 24 08:06 AM | Likes Like |Link to Comment
  • The Economic Impact Of Tax Policy [View article]
    I admit that this is a cursory analysis, using several blunts measures: (GDP which is revised and revised and revised) and total tax receipts as a percent of GDP.

    I could have looked at lead lag relatonships. Presumably tax rates today will affect growth going forward more than growth today. But how far forward. Is that lead lag stationary through time? I would presume if it exists that the lead lad time has been shortening as the economy has evolved.

    Tax rates and the change in tax rates tend to be pretty stable and to trend. I will take a quick look at the delta in tax rates as it relates to GDP and present here. My hunch is that we draw the same conclusion: That headlines and politicians over state that impact that tax policy has on growth, earnings and market returns. Thanks for your thoughts. DP
    Feb 24 08:01 AM | Likes Like |Link to Comment
  • Biotechnology FDA Approval Catalyst Strategy [View article]
    I mean approval for market clearance.

    From the FDA web site:
    Device Approvals and Clearances
    Welcome to FDA's information about medical device approvals. The following information is available:

    New Device Approvals1 that include some of the newest medical technology available.
    Jan 13 11:19 AM | Likes Like |Link to Comment
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