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Botched Canadian tax reform shows how difficult it will be to make changes in Congress

October 19, 2017 Adam Button 0

Proposals mostly dropped
Over the past few months, the Canadian government floated a few ideas designed to close tax loopholes.
In short, everyone was incorporating because lower corporate tax rates and dividend rules made it easy to dodge income taxe…

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Philly Fed and initial jobless claims coming up next

October 19, 2017 Adam Button 0

The economic calendar is light
The calendar is light but I don’t think the market wants to settle down today. The dollar is under some pressure, the yen is strong as the ghosts of Black Monday haunt the market.
The post Philly Fed and initial jobless c…

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Beige Book coming up next

October 18, 2017 Adam Button 0

The Fed’s Beige Book is due at the top of the hour
Here are the of the previous Beige Book, released September 6. It saw a modest-to-moderate pace of growth with limited wage growth.
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