Economy & Policy

Absolutely Nobody Can Agree on What’s Happening With the Economy Right Now

We might need an addendum to the old adage that there are decades in which nothing happens and weeks in which decades happen. Apparently, there are also weeks where nobody knows what-in-the-you-know-what has happened… last week was one of them….

New Year, New Upside

New Year, New Upside

Just over one century ago the world was suffering through the Spanish Flu, one of the deadliest pandemics in history. But once the pain subsided in the spring of 1920, a decade of social and economic opulence – now known…

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States Squabble Over Income Tax Rules

States Squabble Over Income Tax Rules

Imagine being asked to pay income taxes to a state you’ve never worked a single day in. That’s a real possibility for New Hampshire residents who started a job at a Boston company this year. Working from home has changed…

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A New Covid-19 Strain Has Europe Social Distancing from England

A New Covid-19 Strain Has Europe Social Distancing from England

Not even the $900 billion stimulus could overpower headlines from yesterday such as: “U.K. Tightens Rules As A Variant Of The COVID-19 Virus Spreads.” Sensationalism aside, here is what to know about the new strain of COVID-19 spreading in the…

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Congress Reaches A Deal on Coronavirus Stimulus

Congress Reaches A Deal on Coronavirus Stimulus

With the vaccine rollout underway and today being the Winter solstice, there is light at the end of the 2020 tunnel. Last night Democrats and Republicans agreed to a $900 billion stimulus deal to push the U.S. through the home…

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Robinhood Gets A Slap On The Wrist

Robinhood Gets A Slap On The Wrist

There is no such thing as a free trade. Robinhood, the “Commission-free Stock Trading App” has agreed to a $65 million settlement to settle claims it 1) deceived customers about how it makes money and 2) failing to deliver the…

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The UK is Still On The Hook For A Brexit Deal

The UK is Still On The Hook For A Brexit Deal

What’s the opposite of the slick “Irish Goodbye”? Cause we’re starting to think glacially-slow departures should now simply be known as “Brexits”. The latest chapter of the never-ending story sees a key policy dispute keeping England on-the-line: Fisheries. One Fish,…

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Pfizer And Moderna’s Inoculation Rake-In

Pfizer And Moderna’s Inoculation Rake-In

Yesterday was a big day. Just over three-quarters of a year since the start of the pandemic, the inoculation process began in the U.S. Wall Street analysts predict a significant haul for Pfizer and Moderna, anticipating the firms will earn…

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Housing is Humming

Housing is Humming

The mortgage market is on fire, but for some, the fervor is bringing back painful memories. Americans are on track to take more mortgages this year than even in the period leading up to the 2008 financial crisis. Mortgage Madhouse…

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The Rise Of The Super Zombie

The Rise Of The Super Zombie

You may be familiar with the term “zombie” company, or a business that doesn’t have enough cash flow to pay its interest expense. During the pandemic, there has been a growing number of what we’ll dub “super zombie” companies, or…

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The Fed vs. Steven Mnuchin

The Fed vs. Steven Mnuchin

It’s easy to be popular when you’re handing out billions in free money. But that reality also works in reverse. The Fed, along with nearly everyone else in the world of finance, is concerned the Treasury Secretary has prematurely terminated…

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