Latest Insights on BAC
Falling Taxes Doom the U.S. Economy
August 12, 2016 Stocks
Taxes are loathsome, but they are also a measure of prosperity. The more you earn, the more you pay. So, when corporate tax receipts fall steadily, so too does the U.S. economy.Breaking the American Consumer
August 10, 2016 U.S. Economy
Every bit of economic data is dished up for consumption. A one-off snapshot that says nothing about the true state of the U.S. economy … that a consumer-driven downturn on the way.Goodbye Austerity, Hello Big Government Spending
August 9, 2016 Government & Politics
One of the rare things that Clinton and Trump both agree on is bigger government spending. Austerity is out. Infrastructure spending is in, and you’re going to pay for it. The Need for Yield in a Recession: What Does That Mean for Us?
August 5, 2016 U.S. Economy
The U.S. economy limped along in the second quarter solely on consumer strength. Will that strength return for the third quarter and avoid a recession? Don’t hold your breath. Oil’s Second Chance
August 3, 2016 Oil
There's a reason oil is called black gold. And in spite of worries of a bear market, there's a second chance to invest in oil ... and be well rewarded.