A Record Buyout Is Just the Start as Wealthy Flee Tax Hike (Bloomberg) — For 110 years, four generations of Mills family members earned their money by expanding their great-grandfather’s
ROARING 20S: Aspen Mansion Sells for Record $72.5 Million… A mansion overlooking downtown Aspen has sold for $72.5 million, according to two people familiar with the deal. Appraiser Jonathan Miller
Homeowners got $2 trillion richer during the first three months of the year Homeowners with mortgages saw their equity jump by 20% in the first quarter from a year earlier.
Traders taking excessive risk in the bitcoin market being forced to sell when the price goes down were the bigger culprits for last week’s 30% drop in bitcoin prices, according
It may take more than a much-weaker-than-expected April jobs report to kill the U.S. stock market rally, analysts said, though the popular reflation trade — bets that stocks more sensitive
by Suspicious_Tension82 Nice example of a contrarian research note from David Rosenberg here. Excerpt: The economy did collapse back then, but the government did not blow its brains out on fiscal largesse.
by Jesse Colombo As seen on Forbes by RealInvestmentAdvice.com’s Jesse Colombo: “America’s Wealth Inequality Is At Roaring Twenties Levels.” With the 2020 presidential race kicking off and the election of
Wealth concentration near ‘levels last seen during the Roaring Twenties,’ study finds The shift is eroding security from families in the lower and middle classes, who rely on their small
Corporate Debt Is Reaching Record Levels “U.S. corporate debt has climbed to roughly 46% of GDP, the highest level on record. Observers worry that highly leveraged companies could pose a
by John Rubino Google “labor shortage” or “wage hikes” and the result is a picture of an overheating economy. Some examples from August 10: 911 Emergency: Call Centers Can’t Find
by Charles Hugh-Smith The stability of America’s status quo is illusory. One of the enduring mysteries of the past decade is why inflation has remained tame while the central bank
By Dave Kranzler of Investment Research Dynamics …Only this time around they are sponsored by the U.S. Government and guaranteed explicitly by the Taxpayers. I say “explicitly” because Government agency-issued mortgages are directly
VIX at 38 Is Waterloo for the Beloved Short Volatility Trade Of all the harrowing things seen in the stock market Monday, one was a special nightmare for investors in what has
by Chris For 10 years [during the Roaring Twenties], between the destruction of World War I and the misery of the Great Depression, people in North America were actually happy.
