What a Non-Middle Class Economy Looks Like
“Pay to play” increasingly dominates American life.
What Americans Really Think About Taxes: Pew
One surprising finding: More than a third of taxpayers say they like doing their taxes, according to Pew Research.
Most Americans Dislike IRS: Pew Poll
In a Pew Research poll on eight big federal agencies, the IRS was the only one rated unfavorably by more than half of respondents.
Bob Doll’s 10 Predictions for 2015 on Markets, Economy
The Nuveen equities guru sees a good year for markets, though more volatility, with the highest GDP growth since 2005.
Valliere: Despite Victory, Republicans Shouldn’t Think Voters Love Them
Strategist Greg Valliere cautioned that the midterms were a referendum on Obama, not the GOP, and discussed what he said were six big political myths.
Axel Merk: Time to Take ‘Chips Off the Table’
“Instability may be the new normal,” portfolio manager Axel Merk warns. Is there anywhere safe to hide?
Andy Friedman: GOP in ‘Strong Position’ to Take Senate
But the party that wins the Senate majority is “unlikely to influence greatly” the legislation that emerges from the post-election Congress, says Friedman.
Diversification Is Futile; Economy a ‘House of Cards’: Axel Merk
Investors cannot rely on traditional investment principles at a time when government and consumers have a common interest in currency debasement, says Axel Merk.
IRS Says It Will Revise Rules on Political Nonprofit Groups
Following political uproar from many sides, agency said it will revise rules on 401(c)(4) groups before holding public hearings.
Friedman: Senate Control Within GOP’s Reach, but Tea Party Could Weaken Grasp
Republicans' prospects for retaking the Senate and White House could fade if the party tilts too far right, says Washington Update's Andy Friedman.