U.S. Nearing NIRP?

November 28, 2016 Historically speaking, an average economic expansion lasts 50 months, while an average recession lasts 10 months. The Great Recession ended in June 2009, putting us in the 90th month of expansion. History would suggest we’re nearing the end of this...

Real U.S. Tax Rates Near Highest in World

November 21, 2016 Donald Trump says the U.S. is one of the highest-taxed countries in the world. Hillary Clinton says the rich don’t pay enough. Who’s right? The top American rate is 39.6 percent. Those who disagree with the U.S. being a high-rate country point to...

A Path to Repatriation?

November 14, 2016 U.S. firms are holding $2.5 trillion in profits outside the country (“offshore”) and saving themselves from billions of dollars in taxes. And they refuse to bring the money home, also known as “repatriation,” because of our 35 percent...

Obamacare’s Design Flaw

November 7, 2016 It’s open enrollment season, the time when many Americans choose their health care plans for the upcoming year. Regardless of what happens in the 2016 election, one thing is certain – Barrack Obama will no longer be in charge. But that’s not true when...

Data Defies Returns

October 24, 2016 I’ve said it before – twice actually – but I must ask again. Why is the market going up and up when the hard economic data indicates that the economy should be in or near a recession? Considering the following, the returns become...