The answer to the question “what’s the difference between income and cash flow?” to any oil-company accountant and they’re likely to say income makes the headlines, cash pays the bills. There’s a nub of truth there even though it may… Read More ›
Day: November 9, 2016
Trump triumph Stuns Wall Street Elite
New York’s financial community watched in stunned dismay on Wednesday as Republican Donald Trump clinched the White House, from plush penthouse apartments on the Upper East Side to bars in midtown Manhattan, reports Reuters. As donors and supporters of Hillary… Read More ›
Impact of Trump’s proposals on the U.S economy
Trump’s win has a silver lining: If he were to follow through with his economic proposals vis-a-vis trade and immigration, they could fuel inflation and boost wages, something that the Federal Reserve has been struggling with for the last couple… Read More ›