by Thomas Powell | Aug 30, 2017 | Economics, Uncategorized
This spring there was a city in North America where the average price for a detached house was $1.2 million, and that was in … Canada? Last month, the insane housing prices in Toronto slowed, which had Canadian national news outlets leading with headlines such...
by Thomas Powell | Aug 21, 2017 | Economics, Uncategorized
Last week, Time.com published a fantastic article called “5 Things You Didn’t Know About America’s Millionaires.” In this post, I’ve added my two cents and made the “things” even easier to digest with pictures. Next in...
by Thomas Powell | Aug 7, 2017 | Uncategorized
In the digital age of crowdfunding, entrepreneurs are always looking for new and innovative ways to connect with investors and raise capital. While popular platforms like Kickstarter have helped launch many startups, some companies have turned to unregulated markets,...
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...