Another Effort to Tax 'Extreme Wealth' in California is Launched in Legislature
A handful of Democrats in the state Legislature are pushing again for a tax on "extreme wealth" in California.
A handful of Democrats in the state Legislature are pushing again for a tax on "extreme wealth" in California.
Doomsday predictions for an economic slowdown that will drag down equity markets are fashionable, but wrong, according to strategist Mislav Matejka.
Nightmare earnings reactions have been a theme this quarter. Investors seize on concerns over slowing growth prospects for companies over wide range.
Junkiest junk bonds are holding up relatively well. A sign, for all the angst in markets, investors aren’t very worried about state of the economy.
Key to understanding our current moment is that inflation, as dicey as it can be for the average citizen, can work to the benefit of big companies.
The consensus on Wall Street has reached a roar: U.S. interest rates have nowhere to go but up.
Fund managers are at least thinking a "recession scare" could emerge in the market this year.