Christmas came early for my kids this year … Daddy finally got a job. (Well, to be accurate, 220 hours of community service as part of my Financial Counselling qualification.) On my first day, the three of them surprised me by getting up really early and having a celebratory breakfast with me (possibly with the […]
The smell of freshly baked cookies and the sight of twinkling lights throughout your neighborhood can only mean one thing – the holiday season is here. Decorating your home, opening stockings by the fire, lighting the menorah, or toasting to the New Year with friends and family are festivities many people look forward to every […]
According to the Pew Research Center, there are close to 20 million cohabitating adults in the United States as of 2019. A growing number of those are people over the age of 50. In fact, the number of cohabitating couples over age 50 grew 75 percent in just ten years. An Indianapolis estate planning attorney […]
Many people understand that they should create an estate plan, but there are many reasons why they hesitate to do so. One of the most common reasons is that it can be difficult to accept that a person will not be around one day. If you die without an estate plan in New York, however, […]
Note: I follow several house price indexes (Case-Shiller, CoreLogic, Black Knight, Zillow, FHFA and more). Note: Black Knight uses the current month closings only (not a three month average like Case-Shiller or a weighted average like CoreLogic), excludes short sales and REOs, and is not seasonally adjusted. From Black Knight: Based on the latest data […]
This comes from Public Services International, which is a Global Union Federation of more than 700 trade unions representing 30 million workers in 154 countries: The report is available here, together with more information on unitary taxation.
The October ISM Non-manufacturing index was at 53.9%, down from 54.7% in October. The employment index increased to 55.5%, from 53.7%. Note: Above 50 indicates expansion, below 50 contraction. From the Institute for Supply Management: November 2019 Non-Manufacturing ISM Report On Business® Economic activity in the non-manufacturing sector grew in November for the 118th consecutive […]
Sustainable cost accounting is the idea that I am promoting through the Corporate Accountability Network. The aim is to do what no one has yet achieved, which is to bring the impact of climate change onto corporate balance sheets. The latest guide to sustainable cost accounting is now out, incorporating feedback from recent meetings at which the issue […]
The BEA released their estimate of November vehicle sales this morning. The BEA estimated sales of 17.09 million SAAR in November 2019 (Seasonally Adjusted Annual Rate), up 3.4% from the October sales rate, and down 1.7% from November 2019. Sales in 2019 are averaging 16.92 million (average of seasonally adjusted rate), down 1.6% compared to […]
From ADP: Private sector employment increased by 67,000 jobs from October to November according to the November ADP National Employment Report®. … The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.…“In November, the labor market showed signs of slowing,” said […]
The Progressive Economy Forum, which is made up of a range of people generally thought of as heterdox economists, has published its guide to the general election manifestos, including one by me on tax: You can download it here.
Redfin releases its inaugural Bike Score ratings of Canadian cities, neighborhoods and addresses. Victoria, Vancouver and Montréal are the most bike-friendly cities in Canada. That’s according to rankings from Redfin, which for the first time ever has used its Bike Score® tool to rate Canadian cities, neighborhoods and addresses. Scores are based on several factors […]
Minneapolis, Portland, OR and Chicago are the most bikeable cities in the U.S. for the second year in a row. That’s according to updated rankings from Bike Score®, a tool by Redfin company Walk Score® that rates the bikeability of neighborhoods, cities and addresses. Scores are based on several factors including access to bike lanes […]
At this time of year, many families come together to celebrate the season. It’s also the time when many realize their homes are just not quite big enough to host all of their guests and loved ones. Are you one of those homeowners dreaming for a larger space to call home? You may have enough […]
One of the great myths of modern capitalism is that markets work. Moreover, the supposedly work on the way that economists like to think they do. The Conservative Party is built on that myth. So too is the American Dream. The myth suggests that anyone can build a Company from scratch, entering a market of […]
Donald Trump does not know Prince Andrew. Donald Trump has no interest in the NHS. Donald Trump is a liar. Only one of those statements is true.
I have been reading Prof John Weeks’ book ‘The Debt Delusion‘. I should say, upfront, that I know John, and enjoy his company: he is a fellow member of the Progressive Economy Forum. The book would be worth reading without that association. In essence, John uses the book to tackle six myths, which he identifies […]
People have little more than a week left to make up their minds in this election. If they are voting by post, it is somewhat less. The good news is patterns are emerging. The increase in Tory support has flattened as the Brexit Party ceases to play any effective role. The LibDems look to be […]
Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. • At 8:15 AM, The ADP Employment Report for November. This report is for private payrolls only (no government). The consensus is for 140,000 jobs added, up from 125,000 in October. • At 10:00 AM, […]