OK– now you've got me feeling nostalgic. Just for fun, I did a bit of research to see what was going on at the same time I was planning to start Chestnut. As I read, I was amazed at how some of these things occurred 25 years ago, but seem to have happened not but…
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Everything Old Is New Again
Many years ago, a 5 to 10 point swing in the Dow Jones Industrial Average over the day was considered to be big movement. Now, it moves that much within seconds. The first quarter of 2013 came in like a lion, bringing with it above average quarterly gains not seen in many years. While the…
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France To Re-Introduce A Millionaire’s Tax In 2014
Just so you don't think the USA has all the tax problems of the world, consider this: France has a plan to put in place a millionaire's tax for those with over a joint income over $1.3 million dollars, at a rate of 75%. Now before you laugh because of the limits, consider these thoughts:…
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2013: One Huge Question Mark
The fourth quarter of 2012 was a quarter filled with worldwide events that had a profound effect on the markets and beyond. Global growth continued to disappoint and remain below trend, as it has been for some time now. Of primary drivers were a sharp slowdown of growth in Japan, and the continued problems…
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