5 Things You Didn’t Know About America’s Millionaires (as told through pictures)
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 line: Connecticut, Hawaii, New Jersey. All...
Is Bigger Better? Hedge Funds Get Bigger, Returns Get Smaller
Fast food? Supersize it. Coffee? Get it by the gallon. Real Estate? Better go with all the features, “so at least you’ll have them.” Getting more is something that’s been engrained in our consumer minds. However, when it comes to the world of investing, bigger might...
SEC Imposes New Regulations for Digital Currencies
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,...
Possible Tax Reform Based on Trump’s Assumption U.S. has “Highest Tax Rate Anywhere in the World”
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...
A No-No Called for Nasdaq and NYSE “Kickbacks”
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...
Confidential IPO Filings for All!
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...
Busiest Driving Holiday of the Year Approaches, Pump Prices Lowest in Decade
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,...
Dow Goes on a Win Streak in Late February
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...
Oil Rigs Make a (Modest) Return to U.S. Landscapes
The U.S. oil rig count, produced weekly by oilfield-services company Baker Hughes, provides a nice barometer for the climate of domestic oil. When the count is high, chances are oil prices have been building (or stable at profitable rates) and there are many companies...
Oil’s Greatest Hits, 2016 Edition
While this year’s “hits” for Oil & Gas may have seemed more like barely passable b-sides, 2016 did share with us some head-bobbers, even if they weren’t immediate chart toppers. Collected nicely by a two-part article launched by Forbes this week–the first taking a...