Federal Proposal Would Place Audit Target on High Earners’ Backs
If you earn $400,000 a year, beware—a tax proposal now before Congress would increase your risk of an IRS audit.
Under the Radar: Congress Heads Toward Budget, Debt Confrontation
Legislative battle looms in October as Congress wrangles with budget appropriations, return of the debt ceiling and possible government shutdown.
Fed Looks To Test Recovery With Tapering Before Hiking Rates
For months, the Federal Reserve has hinted it wants to taper off its $120 billion-a-month support of the U.S. economy before raising interest rates. When will it start?
Potential Biden-Proposed Tax Changes Becoming Clearer
Consider proactive steps even though final tax policy is still uncertain.
August Inflation: Transitory, Not Transitioned
Slowing consumer price increases consistent with AMG’s view that post-pandemic reopening was responsible for spike in early 2021.
Jackson Hole: Tapering, Tightening, Timelines, and Tantrums
A taper tantrum unlikely, yet monetary policy’s path is dependent on still-evolving economic circumstances.
Housing—Past the Peak?
Residential investment fell in Q2 on easing demand for new and existing homes.
Climate Tech Is on the Rise, Creating Compelling Opportunities
American ingenuity is proving itself yet again as companies innovate cleaner, cheaper alternatives to petroleum-based products, creating new markets and changing supply chains along the way.
Guacamole May Cost More—but That’s Ok
It’s a quandary: Restaurant, hotel and other service-sector workers were laid off by the millions during the pandemic lockdown—now those businesses can’t fill their job vacancies, just when Americans are ready to spend money.
New Super-Cartel Manipulating Oil Production and Prices
Russia and Saudi Arabia team up to create OPEC+, a super-cartel that suppresses oil production, manipulates markets and drives oil prices up.