Stock

“Mortgage Rates’ Week Goes From Bad to Worse”

From Matthew Graham at MortgageNewsDaily: Mortgage Rates’ Week Goes From Bad to Worse Mortgage rates were already having their worst week since 2016 as of yesterday afternoon. Rather than help to heal some of the damage, today’s bond market momentum only made things worse. Whether we’re looking at 10yr Treasury yields a broad indicator of […]

Tax

Is Your WordPress Website Up to Date?

If you’ve got a website, we’re willing to bet it was built on WordPress (ours is). As one of the most popular content management systems on the market, WordPress is relatively user friendly with lots of great themes and plugins for optimizing. Here’s the thing. WordPress is not a build it and forget it kind […]

Stock

Q3 GDP Forecasts: Around 1.5% to 2.0%

From Merrill Lynch: 3Q and 2Q GDP tracking remain at 2.0% qoq saar. [Sept 13 estimate]emphasis added From Goldman Sachs: Following this morning’s data, we boosted our Q3 GDP tracking estimate by one tenth to +2.0% (qoq ar). [Sept 13 estimate] From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at […]

Investing

SteelPath September MLP update and news

MLP market overview Midstream MLPs, as measured by the Alerian MLP Index (AMZ), ended August down 6.7% on a price basis and down 5.5% once distributions were considered. The AMZ results underperformed the S&P 500 Index’s 1.6% total return loss for the month. The best performing midstream subsector for August was the Petroleum Pipeline group, […]

Stock

Retail Sales increased 0.4% in August

On a monthly basis, retail sales increased 0.4 percent from July to August (seasonally adjusted), and sales were up 4.1 percent from August 2018. From the Census Bureau report: Advance estimates of U.S. retail and food services sales for August 2019, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, […]

Tax

The Fair Tax Mark is going international

I share this blog published by the Fair Tax Mark, of which I am a director, this morning: Research funding from Luminate to enable Fair Tax Mark to explore what ‘Fair Tax’ looks like outside the UK, and the scope for new standards that would enable Companyes across the globe to be certified for the […]

Investing

The Ultimate Father’s Day Present

Every Mother’s Day, my wife and her girlfriends have a tradition: They book a fancy restaurant and get all dressed up, looking a million bucks … And then? They offload the kids onto their husbands and spend the rest of the day drinking champers together! So for Father’s Day this year, I figured “if it’s […]