Earlier this week, House Democrats proposed an increase in the top corporate tax rate from the current 21% to 26.5%, along with a sharp increase in the ‘minimum tax’ on foreign income from 10.5% to 16.6%.…
Category: Common Cents Archive
Would you consider yourself an optimist or a pessimist? Do you see the glass as half-full or half-empty? Are unforeseen setbacks problems or opportunities? Do you find silver linings or dark clouds? Or do you just…
If you are of a certain age, or like listening to the moldy oldie channel, you might recall a song by Herman’s Hermits called “I’m Henery the Eighth, I am.” If so, you know it is…
There has been a lot of red ink in the global stock markets over the last five trading sessions. However, no one will remember this week because of what the S&P 500 did or how the…
Presumably due to the stock market’s strong performance during these bizarre times, people have increasingly been asking me when ‘we’ are going to have a correction. After all, the market can’t just keep going up forever,…
This morning, the Bureau of Labor Statistics (BLS) released “The Employment Situation – July 2021.” I won’t mince words, it was a good report, and better than many were expecting after the somewhat disappointing ADP Employment…
On this week’s Trading Perspectives podcast, Sam Clement and I discussed the recent upsurge in COVID-19 cases due to the Delta Variant. Would this lead to another shutdown of local economies and schools? Usher in new…
The Tokyo Olympics have finally gotten underway. Since the Japanese authorities have banned spectators, these games will probably be pretty boring to watch on the television. You don’t realize how much a raucous, engaged crowd can…
After the stellar ‘run’ the stock market has had over the last couple of years, albeit with a few hiccups along the way, a lot of investors are wondering: “is now a good time to buy?”…
Unless you really follow the markets, and I mean really follow them, you might have missed the relatively sharp drop in longer-term interest rates over the last couple of months, especially for US Treasury securities. This…