Equity markets tend to perform well when the economy is in expansion mode. Similarly when the economy is in recessions markets decline. While in the long-term stocks have gone up that is not the case in the short term as measured by a few months or years. For instance, US equity markets plunged substantially over …
Continue reading ‘On the Correlation between Recessions and U.S. Equity Market Performance’ »
Property taxes in modern times are taxes levied on both the land and the real property it sits on. Both of these fluctuate on an yearly basis in the US and accordingly the taxes due. Since the Covid-19 pandemic the boom in residential property prices across the country has been a windfall for local governments …
Countries are embracing nuclear power again after the 2011 Fukushima accident. With many reactors restarted in recent years the demand for Uranium has soared this year. According to a journal article earlier in September benchmark prices have jumped 30% to about $62 a pound. From the article: The World Nuclear Association, an industry group, said …
Ukraine announced this week that the much-awaited Abrams tanks from the US have arrived in the country. Other European countries have given tanks to Ukraine before but they haven’t given the success that they were hyped up. So the world’s advanced Abrams tanks will be put to the test in the battlefield. In addition to these …
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The tax treatment of Electric Vehicles(EVs) varies by state in the US. Some states give credit while others penalize consumers for purchasing EVs. Some pretend to be neutral by charging both the penalty and offering a credit. Consumers get a credit of $7,500 for qualified EV purchases from the Federal government. But at the state …