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Puerto Rico can prevent a costly default by implementing fiscal and structural reforms such as increasing taxes and reducing expenses, according to a report released by Centennial Group International. Puerto Rico can fix its deficit problem Jose Fajgenbaum, Jorge Guzman, […]
The Treasury reported a budget surplus of $157 billion today, about $2 billion above what analysts were expecting. Here’s a look at the Treasury budget picture (surplus or deficit) over the past 15 years. Interestingly, the Obama tax increases initially […]
Is Earth Round or Flat? The Global Hunt for Taxes by IceCap Asset Management What goes around, comes around The Global Hunt for Taxes Back in his day, Christopher Columbus was known as a swashbuckling adventurer willing to risk his life […]
The Experts Are Wrong About the Debt by Ben Strubel of Strubel Investment Management Dear Investors, June 2014 Newsletter Arguments. We’ve all had them, and they came in many different forms. I’m going to talk briefly about the classical type […]
David Rubenstein is a Co-Founder and Co-CEO of The Carlyle Group LP (NASDAQ:CG), one of the world’s largest private equity firms. David Rubenstein co-founded the firm in 1987. Since then, Carlyle has grown into a firm managing $185 billion from 34 […]
Dear Investors, Five Things I Worry About More than a few clients wonder if the stock market will inevitably head down a significant amount soon. Some even worry about a large crash like 2008. I’ve spent several newsletters talking about […]