Author Archives: John Thomas

Student Loan Debt may take a turn for the Worse

Who would have thought the day would come when a young man or woman would have more educational debt than mortgage debt in their home. For most Americans, the mortgage is still the main debt load, but in Pittsburgh, for instance, 12.6 percent of borrowers owe more for their educations than they do for their homes, according to Magnify Money. ...

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You should be Thankful for the One Percenters

The Supreme Court hearings and the mid-term elections seem to have redirected the hate away from the one percenters for the moment. The alpha to the omega to the deplorables, the rich are just as despised by the liberal left. Except those who are themselves one percenters, of course. The numbers put out by the Congressional Budget Office might have ...

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U.S. Tightens Grip on Foreign Investments

The Trump administration will broaden reviews of foreign investments in critical U.S. technologies in an attempt to protect American ingenuity from foreign powers including China.  The Foreign Investment Risk Review Modernization Act, which took effect in August, empowers the government to scrutinize and block even small minority foreign investments into sensitive technologies. The “America First” attitude brought forth by President ...

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Bond Market Braces for Mid-Term Elections

Regardless of which side of the aisle is triumphant in November, the U.S. bond market is likely to suffer either way. A democratic congress is likely to push through a GOP style trillion dollar infrastructure package.  A Republican legislature will likely advocate for tax cuts part 2. Both of which spell one word loud and clear: debt. While the Fed ...

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Brick and Mortar Vacancies Rates at 7 Year Highs

The malls of yesterday are no longer the same. Perennial anchors such as Sears, Lord & Taylor and J. Crew are vanishing. The Q3 vacancy rate in enclosed regional malls jumped to 9.1%, the highest rate since Q4 2011, according to real estate research firm Reis in a study released Wednesday, October 4th. As one would expect, the rental rates ...

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Sales of Used Cars is Booming

As much as every American would love the idea of owning a new automobile, the current market conditions are favorable to kicking a few tires on a used vehicle and making the purchase instead of going with something new off the lot. Experts agree that this trend will continue through the remainder of 2018. So what is behind the switch ...

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Is owning a National Football League Team a Good Investment?

While the article specifically speaks to about 32 people who own National Football League (NFL) teams, there are millions of interested fans and observers who are wondering how such ownership works and profits from them. As we embark upon a new football season, and a new television contract for the NFL just down the road, how exactly are today’s franchises ...

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Amazon and Big Tech Face Anti-Trust Hearings

Determining whether a company exerted monopolistic power use to be much simpler. In broad terms it was essentially based upon the welfare of the consumer, meaning that if prices were low and favorable, the company was not considered a monopoly. The crux of the argument was really about price. Monopolies can be considered an extreme result of free-market capitalism in the absence of ...

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Mandated Wage Increases Doom 40 Percent of Venezuelan Businesses

Another day, another terrible economic woe befalls the people of Venezuela at the hands of the Maduro regime. The latest in failed attempts to reduce starvation and utter poverty were to increase the minimum salary by nearly 3,500 percent in one fell swoop, according to the National Council of Commerce and Services of Venezuela. The strong-arm tactics of President Nicolas ...

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U.S. China Trade War Real or Rhetoric

The power play of threats and media coverage is on again in the U.S v. China trade war, pitting the world’s two largest economies against each other. Each nation has thrown out financial tariff numbers and has made return volleys. Experts speak all day-every day on how this will affect everything from sliced bread to nuclear missiles. The latest back-and-forth ...

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