Business

For the past few weeks, Chuck Schumer and Nancy Pelosi have screamed to anyone who would listen that the GOP tax plan is nothing more than a tax break for millionaires and an attack on middle class working families.  But, as the Wall Street Journal points out this morning, America's millionaire, billionaire, private jet owners living in expensive urban areas are set to lose 'bigly' if Trump's $500,000 cap on the mortgage interest deduction survives.

Authored by Marianne Brunet via AdvisorPerspectives.com,

The conventional wisdom is that Millennials are a generation with unique needs and buying habits, but Neil Howe says that they are very similar to the Greatest Generation.

Howe, who coined the term “Millennial,” says that both generations are highly risk-averse, a characteristic brought on by their shared parenting environment.

In a talk last week, Howe explained how we can use generational patterns and historical economic trends to better understand the future of the global economy.

Authored by Michael Snyder via The American Dream blog,

Authored by Simon Black via SovereignMan.com,

About twelve years ago, at the height of the real estate boom in the United States, banks began issuing what became known as NINJA loans.

You’ve probably heard the term before– NINJA stood for No Income, Job, or Assets.

These were the famed ‘no money down’ loans at low, teaser interest rates given to borrowers with pitiful credit and little hope of being able to make the payments.

Could A Commodity Rally Help Spark Silver?

Written by Craig Hemke, Sprott Money News and TF Metals Report 

While it is widely believed that commodities are one of the few "undervalued" sectors, sustained rallies have been hard to find over the past few years. Could all that be finally beginning to change?