by Thomas Powell | Aug 2, 2017 | Economics, Uncategorized
Last month the GOP presented a plan for the budget it hopes can overhaul the tax code. Whether or not the GOP can take their measure to the House remains to be seen. The budget plan suggests hefty cuts to Medicare, Medicaid, food stamps, Federal employee pension plans...
by Thomas Powell | Jul 19, 2017 | Investing, Uncategorized
Someone calling out Wall Street and asking for the SEC to do more/less is nothing surprising, but when that someone is the person in charge of Yale’s $25 billion endowment, people listen. David Swensen, the head of the endowment, spoke out this week in a New York...
by Thomas Powell | Jul 7, 2017 | Uncategorized
Last week, the Division of Corporation Finance, which is a division of the U.S. Securities and Exchange Commission (SEC), formally announced that it would extend the benefits of confidential IPO filing to all businesses, not just the small businesses that enjoyed the...
by Thomas Powell | Jun 28, 2017 | Uncategorized
For the U.S., the Fourth of July could be the busiest driving holiday of the year. With weather across the country more stable than it was for Memorial Day, the vast majority of children out of school and prices at the pump around the lowest they’ve been all year,...
by Thomas Powell | Feb 28, 2017 | Economics
The Dow Jones Industrial Average was on a record-setting streak up until close today, February 28th, 2017. Its streak stopped at a string of 12 record-setting closes after the DJIA shed 25.2 points (.1%) today and closed at 20,812.24 (1). The incredible run seemed to...
