Interest Rate Differentials Increasing Financial Market Leverage To Unsustainable Levels
By EconMatters
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Which Country Punishes Productive People The Most?
Submitted by Daniel Mitchell via The Foundation for Economic Education,
Back in 2014, I shared some data from the Tax Foundation that measured the degree to which various developed nations punished high-income earners.
This measure of relative “progressivity” focused on personal income taxes. And that’s important because that levy often is the most onerous for highly productive residents of a nation.
Weekend Reading: Errant Thinking
Submitted by Lance Roberts via RealInvestmentAdvice.com,
Data Fraud At Chinese Province Suggests Local GDP Numbers As Much As 20% "Overcooked"
One month ago, in delightful, if anticipated, confirmation that much if not all of China's data has been cooked and fabricated as so many skeptics suspected, we reported that according to the People's Daily, the rust-belt province of Liaoning had admitted to fabricating fiscal numbers from 2011 to 2014.
Is This Overlooked Statistic Signaling Investor Complacency?
Via Dana Lyons' Tumblr,
The number of unchanged issues on the NYSE has spiked, often a sign of complacency among investors.