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Newsfeed: New 2020 IRS migration data reveals Florida is the biggest winner, New York is the biggest loser, in the competition for people and their wealth – A Wirepoints 50-state survey

Newsfeed: New 2020 IRS migration data reveals Florida is the biggest winner, New York is the biggest loser, in the competition for people and their wealth

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Every year, states across the country compete with each other for people and their wealth as millions of Americans move between states. The stakes are large. A growing population for the winners means an increasing tax base, economic growth and investment. For the biggest losers, it means more difficulties in paying down debts, higher taxes and fewer investments for the future.

Newsfeed: New 2020 IRS migration data reveals Florida is the biggest winner, New York is the biggest loser, in the competition for people and their wealth Read More »

Newsfeed: US Middle Class Is Shutting Down As Spending By The Rich Remains Robust

Newsfeed: US Middle Class Is Shutting Down As Spending By The Rich Remains Robust

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After dismal earnings by such mammoth retailers as Walmart, Targets and this morning’s “horror report” by Abercrombie and Fitch, on Tuesday afternoon we actually got a solid report by Nordstrom, which not only printed strong earnings but also hiked guidance sending the stock higher as much as 12%.

Newsfeed: US Middle Class Is Shutting Down As Spending By The Rich Remains Robust Read More »

Newsfeed: Dow, S&P 500 head for worst start to a year since 1970 — for tech it’s the worst in history

Newsfeed: Dow, S&P 500 head for worst start to a year since 1970 — for tech it’s the worst in history

All Posts, Featured, Newsfeed /

Wednesday will mark the 100th trading day of 2022, a year that will likely be remembered for its historic market turbulence as the megacap tech stocks that had dominated the market for so long collapsed in what has been the most punishing retrenchment since the dot-com bust.  

Newsfeed: Dow, S&P 500 head for worst start to a year since 1970 — for tech it’s the worst in history Read More »

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