The potential for government leaders (of any country) holding conflicts of interest has always been there. In fact, while mainly a secret that few will admit, this is a big reason why many people pursue public office. Unfortunately the allure of greed leads many to leverage newly-granted powers for personal gain. It
The Labor Department official jobs report issued today, showing that 287,000 jobs were created in June (http://www.bls.gov/news.release/empsit.nr0.htm). Fortunately, this report shows that the size of government did not increase in June. This blog covers government jobs in addition to the private sector. For the Labor Department to mention both sectors at
See attachment which shows long term outperformance at lower risk.
Geneva Group presentation – one-pager
If interested in learning more or in creating an investment account with us as your Financial Advisor, please reply to this blog or visit our “Contact Us” page.
The Labor Department just reported that the unemployment rate is at 5%. The Federal Reserve considers a base unemployment rate (the U-3 rate) of 5.0 to 5.2 percent as “full employment” in the economy. Classic economic theory predicts that a tight labor market develops when “full employment” is reached. Specifically
US government authorities have tried to assure us that they are cracking down on so-called “inversions”, which allow the merging of US-owned with foreign-owned companies, followed conveniently by the combined entity paying corporate taxes in the much lower taxed foreign country. This effectively allows the formerly US-based company to pay
At the time of this writing, US market indexes are near all-time highs in spite of falling profits for S&P 500 companies. The only good news is that the fall has not been as precipitously fast as it was during the financial crisis of 2008-9. Therefore, there can be only