Bondholders need to face reality in Puerto Rico power authority privatization plan
Investors are taking a wait-and-see attitude to Puerto Rico’s Governor Ricardo Rossello’s recent proposal to privatize parts of the bankrupt Puerto Rico Electric Power Authority (PREPA) over the next 18-months.
Why Many Small Businesses Fear the Passage of the Senate Tax Bill Into Law
An 11th-hour addition allows a deduction for pass-through entities, but these could be phased out by 2025. The largest permanent breaks would still go to corporations.
Tax Rates And Economic Growth: Is There Really A Correlation?
Regardless of where it emanates from, the basic question is pretty much the same: Do tax rates—by adding money when cut or subtracting money when raised—result in economic growth or contraction, meaning more or fewer jobs?
Five Must-Read ‘Non-Investing’ Books For Investors To Finish Before Summer Ends
Usually, investors rightly concentrate on books that offer guidance in investment strategy, asset allocation, methods of business analysis or otherwise focus specifically on investing. What those books often leave out is the overall thought process of investing.
Muni-Tech And E-Trading: Opportunities And Considerations For Investors
The growth in both equity and fixed income e-trading, also known by its more formal regulatory moniker “alternative trading system,” has been a bit of a blessing and a bit of a curse for investors.