This stock market is like a beauty contest where the recognizable names get all the attention. So far this year Apple, Google, and Microsoft account for about a third of the return for the S&P 500. Worse yet, Apple, Google, Microsoft, Facebook and Amazon account for about two-thirds of the return for the S&P 500. […]
Archives for November 2015
SHOUT! Remembering the Isley Brothers
Marc Myers writes for the Wall Street Journal: The Isley Brothers’ “Shout” is one of the earliest and best-known party songs. Immortalized by the frat-house dance scene in the 1978 comedy film “National Lampoon’s Animal House,” “Shout” was originally conceived by Ronald Isley during a 1959 concert in Philadelphia as a way to extend the […]
Donald Trump Opposes Free Trade?
What Trump correctly opposes are free trade agreements like the Trans-Pacific Partnership. The National Interest notes this while adding that Trump favors draconian punishments for illegal immigrants, says it’s time to get tough with China and Japan on trade, supports a strong U.S. military, claims to have opposed the 2003 Iraq intervention, declares that the […]
Taxes on Dividends
Is there any doubt taxes on dividends are too high in the U.S.? This from the Tax Foundation: Another area of the U.S. tax code that has higher rates than most of the developed world is the taxation of dividends. When a corporation distributes its profits to U.S. shareholders as dividends, the shareholders are taxed […]
CNBC Gives Viewers the Full Monty
Thanks to CNBC’s bias, viewers of the 3rd Republican debate were treated to an outstanding evening in debate politics. The WSJ’s William McGurn writes, “CNBC’s Waterloo had little to do with its moderators’ questions and everything to do with the snark and contempt they came drenched in.” With the CNBC moderators consistently challenging the anti-big-government […]
How Much Economic Freedom do You Have?
Cato Institute, along with the Fraser Institute, has published the latest report on the Economic Freedom of the World. Since peaking at 2nd place in 2000, the U.S. has seen its rank fall rapidly, hitting a low of 17th in 2011. In 2012 America rebounded to 12th place, only to lose most of that again, […]
Survey: Wealthy Investors Fear Becoming a Burden
The #1 fear for wealthy investors is becoming a burden to their children according to a survey from UBS and described here by Financial Advisor magazine: Wealthy investors’ greatest fear could become their children’s worst nightmare. Investors with at least $1 million in assets worry most about becoming a burden to their children, but are […]
Are the Good Times Really Over for Good?
Pat Buchanan examines the reality of 11,000 Baby-Boomers going on Social Security each day, and what that will mean for Americans given the demographic and economic realities of today. “Are the good times really over for good?” asked Merle Haggard in his 1982 lament. Then, the good times weren’t over. In fact, they were coming […]
Southern States Strive to Keep Income and Estate Taxes Low or Nonexistent
Originally posted May 31, 2013. A dose of reality on taxation from Pat Buchanan.
Jeb Bush’s Two Hole Cards
Americans, based on Jeb’s Bobby Vee-ish last debate performance, have to wonder if Jeb’s campaign is set to tank. Well, whoever was responsible for allowing Bush to go after Marco Rubio in such sophomoric fashion needs to be history, that’s for sure. Unquestionably, the Bush campaign needs a makeover and a new focus fast. But […]
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