Biz Headlines: “Dow Drops More Than 1,100 in Biggest One-Session Point Decline on Record” If President Trump sees fit to claim credit for the uptick in the economy and (especially) stock market since taking office, it stands to reason that he will take responsibility for any hiccup (or worse) in same. Yeah, right. My sentiment,...Read More
Balance Sheet vs. Income Statement Effects “It’s too soon to tell.” –Chinese premier Mao Zedong in the late 1940’s, when he was asked what he thought about The French Revolution. I know what Mao Zedong would have said about the gargantuan, $1.3 trillion tax reform bill just passed by the Republicans (zero Democrats voted in...Read More
