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A Lesson From 1986

Yes. we all know that the Tax Reform Act of 1986 is the most recent example of comprehensive tax reform. And yes, it compressed 14 tax brackets into two (15%, 28%) with a third that has been called th…

A World Trade Snapshot

Asked to name top state imports, we might say cars. For Wisconsin though the right answer is sweaters. A second surprise? Medicine is #1 on Washington D.C.’s import list. The Ins and Outs of Tra…

Predicting the Election

Today, let’s take a look at what three markets are saying about the U.S. presidential election. A Currency Market The Mexican peso/dollar foreign exchange market says that Mexico would not be pl…