The Amazon (Tesla) Controversy
Nevada had to give Tesla tax concessions in order to induce them to put their mega-factory west of Sparks off of I-80. Concessions are a fact of life when it comes to attracting mega-businesses to a community. I do remember that then Governor Sandoval was criticized by some for “giving away too much” in the form of tax credits to […]
2018 Preview and Assessment
Market valuations are high. Current consumption is being financed by debt. The housing data is mildly positive, but has been impacted by “rebuild” issues in the wake of natural disasters. Corporate balance sheets are strong and laden with cash. The world’s major economies are doing well and central banks are beginning to tighten policy led […]
The Risk of Recession is Rising; So is Market Risk
Recession: This is the hardest world for any business economist to pen, especially when the equity market is on a tear. Nevertheless, that is the reality of a slow growth, deflationary world where not much negative must happen to push the 1% growth economy into negative territory. Post-election, markets initially rose on the hopes of […]
What type of IRA account is right for you?
Originally published on Tahoe Daily Tribune’s website, http://www.tahoedailytribune.com/northshore/14995245-113/tahoe-truckee-market-beat-what-type-of-ira-account-is-right If you’re thinking about funding an IRA this year, you have until April 15, or the day you file your taxes, whichever is earlier, unless you file an extension. Which type of IRA you should establish depends on several factors, and there are calculators available online to […]
It’s time again to talk about year-end tax selling
Originally published on Tahoe Daily Tribune http://www.tahoedailytribune.com/news/opinion/14263062-113/stock-tax-loss-sell As the year comes to a close, many investors may be thinking about rebalancing their portfolios or taking some profits or losses for tax purposes. If you have assets in a taxable account and are considering doing some buying or selling before the year ends, you should be […]
The European Farce: Part 2 — How to Grow GDP
First published in Minyaville.com http://www.minyanville.com/sectors/global-markets/articles/The-European-Farce-Part-3-How/6/12/2014/id/55270 Without a growing GDP, the size of the deficit must shrink. The EU economies have been in or nearly in recession since the financial crisis in 2009. Greece has had to be bailed out several times. Spain, too, and in the case of Cyprus, bank depositors bore much of the […]