Stocks were listless today after a pair of economic releases indicated a manufacturing slowdown in the U.S. and China.
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Americans punch the clock on the Time Use Survey
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Category Archives: Short Sales
Should we spend money on experiences or things?
What was the first concert you ever went to? I’ll bet you don’t have to think very long – and neither do I. I went to see James Taylor play at a theater in Pittsburgh with my best friend Susan Rosenberg. Yes, I was one of those girls – and so was she – who at 14 or 15 not only knew every word to You’ve Got A Friend
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A tax or not a tax, that is the question
~ Under the Affordable Care Act (ACA), individuals who choose not to buy health insurance in 2014 or after will need to make a “shared responsibility payment,” which is called a “penalty” in the ACA.
~ While I agree with most of the Court’s holdings, I do not agree with the finding that the penalty is a tax and is therefore constitutional.
~ In my opinion, the Supreme Court’s ruling on the ACA is unfortunate, as it could legitimize less transparency in legislating rather than more…. Continue at source:
Purchasing Managers Index contracts on weak new orders
Pessimism about the future is feeding into a slowdown today. Failure by politicians and bureaucrats to deal with pressing problems in Europe and the impending fiscal cliff in the U.S. is the biggest threat to the economy and the markets…. Link to article:
Health care reform and the impact for the municipal investor
On Thursday, the Supreme Court voted to uphold the 2010 legislation for health care reform signed by President Obama. Many other news outlets are weighing in on the impact of the law on society and politics, but we thought it may be useful to provide a high level update for what it means to a municipal bond investor.
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Health care reform and the impact for the municipal investor