A cut to the headline rate of corporate tax is the cornerstone of President Trump’s tax reform policy. The US has one of the highest rates of corporation tax at 38.9% (the federal rate combined with average state and local
Mervyn King delivered a provocative and intriguing 2017 Martin Feldstein Lecture at the National Bureau of Economic Research on the subject of “Uncertainty and Large Swings in Activity”(July 19, 2017). A written version of the presentation is available in the NBER
To the middle class… Video length: 00:00:08 Before we start, don’t forget the chaos in Japan overnight… Gold remains the biggest winner in the post-Saudi-chaos world… The Dow’s 7-day win streak is broken… Trannies were worst Trannies are now down
Credit Card Debt Is Over $1 Trillion The consumer is at a crossroad. If wage growth accelerates in 2018, everything will be fine, but if the economy turns south, the consumer will be in a world of hurt. Some readers
Nvidia Corporation (NVDA – Free Report) just released its third-quarter financial results, posting earnings of $1.33 per share and revenues of $2.64 billion. Currently, NVDA is a Zacks Rank #2 (Buy) and is relatively flat in after-hours trading shortly after
ETH/USD Daily Chart Technical Outlook: Heading into the close of October we noted that the focus for Ethereum, “falls on the 275-312/20 range- look for the break for guidance with broader bullish invalidation now set to confluence support at 257.” The November opening range took shape
Sitting atop this year’s performance gainers are leveraged ETFs. These are funds that use a combination of debt and derivatives to magnify their performance. Are leveraged ETFs right for you? Before tackling this question, let’s examine key trends within this arena.
Today would have been quite interesting, had it not been for the damned buy-the-dip crowd. One area, however, that’s really starting to break down is high yield bonds. Check this out: Indeed, the HYG and SPY are diverging quite nicely: