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Banking, Economy

“The $27 Trillion Treasury Market Is Only Getting Bigger”

“The world’s largest, most-important financial market is growing by leaps and bounds. On Wall Street, that is making people nervous. Annual issuance of U.S. Treasurys has exploded, nearly doubling since the pandemic began. The government sold a record $23 trillion worth in… Continue Reading…

Real Estate

“Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It’s not just due to high mortgage rates”

“…Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their monthly income and with a 10% down payment, according to a recent report by Zillow Group. That is no longer the… Continue Reading…

Economy

“The price of money is going up, and it’s not only because of the Fed”

“What’s the most important price in the global economy? The price of oil? The price of semiconductors? The price of a Big Mac? More important than any of these is the price of money. For more than three decades it… Continue Reading…

Stocks

“Only 2 Stocks Outperform Every Fall, Offering Rare Moneymakers”

“Just two stocks in the S&P 500, consumer staples firm Lamb Weston (LW) and financial MarketAxess Holdings (MKTX), topped the index in each of the past three fall seasons, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith…… Continue Reading…

Uncategorized

“Travel Tips to Visit Europe: The (Only) Guide You Need”

“Whether you’re a budget traveler or not, traveling solo or with friends, these travel tips for a trip to Europe will help you make the most of this experience. Obviously, I recommend that you read everything, BUT if your looking… Continue Reading…

Business, Economy

“Cash is still king: San Francisco bans credit-only stores”

“San Francisco officials voted Tuesday to require brick-and-mortar retailers to take cash as payment, joining Philadelphia and New Jersey in banning a growing paperless practice that critics say discriminates against low-income people who may not have access to credit cards… Brown said… Continue Reading…

Business

“Amazon isn’t the only company that paid $0 in federal taxes last year”

“Under President Trump’s new tax law, 60 of America’s biggest corporations paid $0 in federal taxes in 2018, despite earning billions of dollars in profits. Amazon, Netflix, General Motors, Chevron, JetBlue, IBM and U.S. Steel were all among the companies… Continue Reading…

Economy, Personal Finance

“Only 17 Percent of Americans Think They’re Benefiting From Trump’s 2017 Tax Cut”

“Despite the fact that about 80 percent of Americans are expected to receive tax cuts this year under Trump’s 2017 tax bill, only 17 percent believe they’re benefitting financially, according to a new poll cited Monday by CNBC… For most… Continue Reading…