Economy to Drive Small-Business Owners’ Vote: Principal Financial Survey
A just-released survey by The Principal Financial Group has found that the top concern among small-business owners today is managing health care costs.
Ex-CIA Official Sees ‘Supersonic Boom’ in Global Growth: RIIA Confab
Ex-intelligence official Herb Meyer predicted a “supersonic boom” in the world economy in coming decades, resulting from heightened consumer demand from a “global middle class” including potentially billions of people recently emerged from poverty.
MLPs Come into Sharp Focus
The young, tax-advantaged asset class of master limited partnerships, with its unique structure and method of return, has been picking up steam for the past several years.
Dithering Deepens, Spreads Eurozone Crisis
Calls for action seem to be everywhere throughout the eurozone with the exception of Germany, where Chancellor Angela Merkel’s insistence on adhering to austerity is increasingly isolating her from the rest of the region.
U.S. Unemployment Rate Barely Changed in April as Economy Added Only 115,000 Jobs
The U.S. unemployment rate was little changed in April, at 8.1% versus 8.2% in March, as the economy gained only 115,000 jobs, the Labor Department reported Friday.
An unusual — and stunning — thing happened on the way out of the financial crisis: In 2009, the United States became the world’s largest producer of natural gas.
If Demographics Is Destiny, Economy Is Already Declining: Data Guru Short
If a picture could tell a thousand words, Advisor Perspectives’ Doug Short, speaking at the RIIA’s spring conference, probably hit the trillion mark.
Valliere at SSG: Economy Is ‘Healing’ but Watch Out for Iran
Chief political strategist at Potomac Research Group optimistic on economy and markets, but warns of fallout from possible Iran attack and of increased ‘paralysis’ in Congress after elections.
Have We Turned the Confidence Corner? Millionaires Think So
Spectrem Millionaire Confidence Index hits nine-month high; consumer confidence, Chicago PMI—even Ben Bernanke—points to a possible resurgence, but Spectrem’s Wolper warns about negative effect of rising gas prices.
Tax Hike Needed
We’re conditioned to regard taxation as bad for the economy.