by Thomas Powell | May 25, 2018 | Economics, Uncategorized
What is considered “wealthy” in America? Depends on who you ask … and where you live … and what you like to do … and other things. According to a recent study from Charles Schwab, to be wealthy in America means making $2.4 million a...
by Thomas Powell | Apr 27, 2018 | Economics, Uncategorized
As you’ve likely heard, China is making some mega-moves when it comes to investing in infrastructure projects, such as new ports, new cross-country roads, railways and power plants as part of President Xi Jinping’s Belt and Road project. Many of these projects are...
by Thomas Powell | Apr 20, 2018 | Economics
The public market used to be the only playground for big businesses with huge, ambitious goals. Founder’s like Facebook’s Mark Zuckerberg and Twitter’s Jack Dorsey took their somewhat unlikely businesses to the public market as recently as 2012 and 2013,...
by Thomas Powell | Apr 17, 2018 | Economics
On this tax day, some states are feeling the pinch more than others. How does your state fare in terms of state income tax rates? Here’s a quick glance at the highs and lows. For a full list of all 50 states, visit here. And understandably, since 2009, the...
by Thomas Powell | Mar 6, 2018 | Economics, Oil & Gas
In January, I wrote an article called USA: Global Oil King? In this article I briefly discussed a turnaround in U.S. oil and gas over the past few years. Not so much a turnaround helping prices again reach $100 oil, but a turnaround in which the U.S. climbs the ranks...
by Thomas Powell | Jan 30, 2018 | Economics, Investing, Oil & Gas
Picture this: It’s 2014, going into 2015. The U.S. is more than 5 years removed from The Great Recession, but we are all still feeling the squeeze. China is experiencing an economic slowdown. OPEC nations are pumping oil and gas as if they were in a race no one else...