If there is anything that we have learned from the development of the British economy since the Brexit referendum is that doomsayers were wrong. Continue reading Brexit. May’s Way Is Not The Only Way
Catching a falling knife is never a good idea. Continue reading US dollar strength. Causes and opportunities
In the past week, emerging markets have seen the highest outflows since September 2015. Additionally, the Chinese market and its currency have completely roundtripped from the January highs. Continue reading Trade War? No. Saturation of Monetary Excess
It happened again. Tax receipts soared in the US after the recent tax cuts.
U.S. state and local government tax revenue climbed to $350.2 billion in the first quarter of 2018, a rise of 5.8 percent compared with the same time period in 2017. Individual income tax collections had big gains for a second-straight quarter with a 12.8 percent increase to $107.4 billion in 2018’s first quarter. Continue reading Tax Cuts Work. The Evidence Is Here