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Unfortunately, The Stock Market IS A Leading Indicator
The Stock Market will Drop Further.
We Need A Better Income Tax System
Let’s have a tax code that looks like it was developed on purpose!
DOW 36,000 OR 6,000???
The market is very “pricey” when old-fashioned measures of stock market valuation are examined.
The Wealth Effect
When (not if) the Federal Reserve Board increases interest rates, this will bring the stock-market party to an end as higher interest will cause both stocks and bonds to fall in value.
Privatize Social Security (January 1999 NAPFA Journal)
The major mistake was in not indexing the age of retirement to life expectancy.
Global Financial Crisis (November 1998 Newsletter)
Periodically, investors should review their portfolios with a view toward rebalancing the assets.
Tax Freedom Day is May 10th for 1998
Big Government has become a vast machine to redistribute income from those who earn it to those who yearn for it.
It is Time to “Scrap the Tax Code”
Anyone of us could design a better system, but 500 congress people cannot resist the pressure groups who want to twist the code to benefit their particular constituencies.
Is the Era of Big Government Really Over?
In 1996, President Clinton said that “the era of big government is over?”