Benjamin Franklin once said, “An investment in knowledge pays the best interest.”
But nowadays, you would have to be delusional to assume that an investment in higher education will definitely pay off.
Benjamin Franklin once said, “An investment in knowledge pays the best interest.”
But nowadays, you would have to be delusional to assume that an investment in higher education will definitely pay off.
Boosting the stock market today were accommodative comments from international central banks that the printing presses won’t be turned off anytime soon.
The American Society of Civil Engineers has just released its annual Report Card for America’s Infrastructure, which grades several critical areas: water and environment, transportation, public facilities, and energy.
And that report card is nothing we’d like to take home to Mom and Dad, moving as it has from a D to a D+ over the last four years. In short, there remains a lot of room for improvement.
The Report Card suggests that the United States government will have to spend roughly $3.6 trillion on infrastructure building to get to a passing grade – at least above a “gentleman’s C.”
Apple Inc. (Nasdaq: AAPL) CEO Tim Cook was summoned to Congress last week to face outraged legislators over his company’s failure to pay corporate income taxes to any national government on more than $74 billion in overseas earnings.
If investors needed a reminder that global stock market rallies have been goosed by the Fed’s lose monetary measures, they got it.
Nothing lasts forever, apparently not even quantitative easing.
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
Turns out no one knows how Obamacare will work – not even the big-name insurers.
Wall Street woke up to grim news on Thursday morning
As I wrote yesterday, government interventions in the marketplace and out of control cronyism have decimated Argentina, one of the most prolific economies of the early 20th century.