Latest Insights on SC
Worse Than the Great Recession?
September 2, 2016 U.S. Economy
As another earnings season comes to an end, one thing immediately jumps out: Stock prices are out of whack from their core value — earnings. And the implications are dire.Wall Street Is Destroying the Economic Recovery
August 31, 2016 U.S. Economy
Despite the Fed’s blather, America’s chemistry is off. An ingredient necessary for a vibrant economy is missing. One look at the data will show you exactly what’s missing and why. 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. 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.