How America’s Short Sightedness Hampers Long-Term Growth!

Four Graphs Showing A Nation in Decline, an Unnecessary and Easily Fixed Decline. by Fabius Maximus, FabiusMaximus.com Summary: We mock China for their over investment in infrastructure. Gleaming new factories, high-speed trains, subways. Foolish ants. Exceptional America does it better. As a third in this series, we look at some pictures of how much America …

Nasty Surprise: Third Estimate 1Q2013 GDP Revised Down to1.8%

Written by Doug Short and Steven Hansen The third estimate of first quarter 2013 Real Gross Domestic Product (GDP) is now a positive 1.8%. The market expected the third estimate 1Q2013 GDP at +2.4%. The If one wants to pick a single reason for decline of GDP between the second and third estimate – lower …

Corporate Profits: An Elusive and Problematic Tax Base

Written by Elliott Morss, Morss Global Finance Introduction There are frequent reports of corporations paying 10% tax rates (or less) on profits – legally. And it certainly pays for large corporations to employ teams of lawyers to find ways to minimize their global profit tax liabilities. And predictably, politicians are angry and have called hearings …

Second Estimate 1Q2013 GDP Revised Down to 2.4%, Corporate Profits Down

Written by Doug Short and Steven Hansen The second estimate of first quarter 2013 Real Gross Domestic Product (GDP) is now a positive 2.4%. The market expected the second estimate 1Q2013 GDP at +2.5% to 2.7%. If one wants to pick a single reason for decline of GDP between the advance and second estimate – …