IRS To Virtual Currency Owners: Pay Up

Time to open up your [virtual] coin purses and pay up! The IRS is done with the warnings and is ready to collect. They’ve been collecting information and doing research since 2018. Back in March of 2018, they convinced Coinbase, one of the largest cryptocurrency exchanges, to turn over 13,000 users’ data to the IRS. According […]


Seattle Real Estate in July: Sales up 1.3% YoY, Inventory up 45% YoY from Low Levels

The Northwest Multiple Listing Service reported Northwest MLS brokers report mixed activity during July, as volume of closed sales reaches 12-month high July provided mixed messages on housing activity, noted one industry veteran when commenting on the latest report from Northwest Multiple Listing Service. The newly released MLS figures show last month’s closed sales reached […]

Real Estate

Why All the Chicken Littles Should Calm Down

The U.S. Census Bureau recently released their 2019 Q2 Homeownership Report. Some began to see the sky falling, believing the report showed Americans may be stepping back from their belief in homeownership. The national homeownership rate (Americans who owned vs. rented their primary residence) increased significantly during the housing boom, reaching its peak of 69.2% […]


Everything has changed

It’s a weird political era when the biggest battle in UK politics would appear to be between two men named Dominic. Stand aside Boris. You are but a bit-part player in this. Stand aside Jeremy as well. No one can be sure what your role might be, because you still aren’t. Instead bring on Dominic […]


Taking sustainable investing beyond box-checking

Investors today have made sustainable investing a fundamental part of their strategies. Yet sustainability and the environmental, social and governance (ESG) considerations that underlie it are still at times unclear. Company ESG ratings compiled by third-party providers are useful guideposts for investors ― but they are not without their shortcomings. I spoke with my colleague […]


Thursday: Unemployment Claims

Note: On October 23rd, I will be one of three speakers at the “2020 Economic Forecast featuring the UCI Paul Merage School of Business” in Newport Beach, California, sponsored by the Newport Beach Chamber of Commerce. UCI Finance Professor Christopher Schwarz and I will be discussing the 2020 economic outlook, and Dr. Richard Afable will […]