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MiB: Gretchen Morgenson on Private Equity

The Big Picture

They also wrote the 2011 bestseller “ Reckless Endangerment: How Outsized Ambition, Greed and Corruption Led to Economic Armageddon ,” about the mortgage crisis. We discuss the Carried Interest tax loophole, a tax dodge that benefits a few 1000 people in the country but cost U.S. taxpayers 180 billion dollars per decade.

Taxes 319
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Alternative Investment Fund – Meaning, Types & Tax Benefits

Trade Brains

However, there is an expectation that these funds will also become accessible to midsize retail investors in the future. or regulators consider economically and socially viable. What are some Tax Benefits of AIFs? In simple terms, capital gains tax applies to profits or losses made from the fund.

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A Few Thoughts On Auto Parts Retail

Fortune Financial

Even Advance, generally accepted as the weakest of the large chains grew earnings per share at an above-market rate: Despite the low growth environment for auto parts retail, it is critical to point out that there is a somewhat unique tailwind to this category which is that the industry is generally cycle-agnostic.

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Weekly Economic Insight – February 27, 2023

Cornerstone Financial Advisory

FOMC Says Inflation Is Still Too High Presented by Cornerstone Financial Advisory, LLC Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. 6 This Week: Key Economic Data Monday: Durable Goods Orders. Thursday: Jobless Claims.

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Wholesale Used Car Prices Declined in February; Down 13.1% Year-over-year

Calculated Risk

Though February activity was muted as we started the month, we saw more activity in the lanes at Manheim in the second half of the month and finished the last week of February with some of the strongest weekly gains in wholesale prices for many years,” said Jeremy Robb, senior director of Economic and Industry Insights for Cox Automotive.

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Sunday links: frictions and costs

Abnormal Returns

(ft.com) How Schwab ($SCHW) plans to profit from integrating TD Ameritrade retail customers. npr.org) Social Security Raise Social Security taxes now before it becomes too painful. awealthofcommonsense.com) The economic schedule for the coming week. wired.com) Why Egyptian men are fleeing to Europe.

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10 Friday AM Reads

The Big Picture

Billions of Dollars at Stake in a Puzzling Holiday Shopping Season : It promises to be unpredictable, with retailers and consumers still figuring out how much will be spent and on what kinds of goods. ( That will cause a drop in property taxes and strain city budgets. Stanford Institute for Economic Policy Research ). •