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At the end of 2012, the United States was barreling towards the fiscal cliff, a simultaneous increase in tax rates and decrease in government spending that would have occurred on January 1, 2013 were it not for the last minute … Continue reading
The National Assessment of Educational Progress has released the results of a nationwide economic literacy test given to high school seniors. Average scores did not change significantly, but scores increased for some lower performing student groups as compared to a … Continue reading
Animated Wharton School of Business finance professor Jeremy Siegel discusses P/E ratios, macroeconomics, interest rates, stock valuations, monetary policy, and business cycles. Take note of his comments on the benefits of diversification and taxes on dividends and capital gains.