Monthly Archives: July, 2011
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Where It’s Expensive to Die
According to Forbes.com:
As of June 10, 2011, the District of Columbia and 22 states imposed estate and/or inheritance taxes. Illinois is the latest of...
Rail Stock Divergence
The Association of American Railroads (AAR) put out its weekly rail traffic report today. For the week ending July 16, total carloads fell 0.3%...
It’s the Spending, Stupid
Just in case you needed more evidence of the seriousness of the federal deficit, these two charts provide some historical perspective. The first chart...
Baby Boomers Place Their Bets
You may be surprised at how ill prepared baby boomers are for retirement. In his Wall Street Journal article “Retiring Boomers Find 401(k) Plans...
Consumer Sentiment Sinks
The Reuters/University of Michigan Survey of Consumer Sentiment plummeted to a post-recovery low of 63.8 in July. According to Bloomberg, economists were projecting a level of 72. The...