Adrian Day: Tax-Loss Selling May Hit Gold Stocks Soon

After a big spike up and an overdue correction in the gold price, Adrian Day, chairman and CEO of Adrian Day Asset Management, says that the king of metals is settling back into the steady rise in price that we’ve grown accustomed to over the past several years. He expects that to continue because . . . → Read More: Adrian Day: Tax-Loss Selling May Hit Gold Stocks Soon

The Blame Game: Braddock

National Journal online has a focus on the failure that is Braddock. See: The Left-Behinds, subtitled: How three decades of flawed economic thinking have helped to create record numbers of long-term unemployed and undermine America’s middle class.

The whole meme of the piece comes down to this quote:

Braddock’s plight came from the structural decline . . . → Read More: The Blame Game: Braddock

The Cost and Benefits of Tax Complexity

I wrote a while ago about how GE had managed to avoid paying corporate taxes, and now there’s a story relating the complexity of GE’s corporate tax return:

General Electric, one of the largest corporations in America, filed a whopping 57,000-page federal tax return earlier this year but didn’t pay taxes on $14 billion . . . → Read More: The Cost and Benefits of Tax Complexity

Economic Events on November 25, 2011

At 4:30 PM Eastern time, the Federal Reserve will release its Money Supply report, showing the amount of liquidity available in the U.S. economy.

Also at 4:30 PM Eastern time, the Federal Reserve will release its Balance Sheet report, showing the amount of liquidity the Fed has injected into the economy by adding or . . . → Read More: Economic Events on November 25, 2011