Latest Insights on PD
The Global Economy: Drunk on Debt
August 30, 2016 Global Economy
The European economy is supposed to be wracked by doubt and anxiety over Brexit, negative interest rates and terror attacks. So why are markets rising? Government spending, and lots of it. Prepare for Brain-Dead Corporate Tax Reform
August 29, 2016 Taxes
“Pass-through” companies — LLCs, partnerships, S corporations, etc. — comprise 95% of all U.S. businesses, and they’re about to be smacked with brain-dead corporate tax reform.The Stock Market’s One Simple Truth
August 26, 2016 Trading Strategies
It hasn’t happened yet, but this market bubble will end up the same as the last. History repeats itself. Understanding this simple truth can lead you to an epiphany on the stock market. Basic Income Will Kill the Economy
August 24, 2016 U.S. Economy
In a world where machines can make perfect burgers, there’s no need for $15-an-hour burger flippers. But the solution, basic income, is more science fiction than fact. Obama’s Market Meltdown
August 19, 2016 U.S. Economy
Since 1920, only six presidents have served a full two terms, or eight years. Obama is about to make it seven, resulting in a rare market cycle with an ominous outlook.