Want to Fix the Deficit? How About a 100% Tax Rate? + MORE

If you’re still licking your wounds from a big tax bill you sent to the IRS a month or so ago, take heart.
It could be worse. You could live in France.
According to the business newspaper Les Echos, more than 8,000 ultra-rich French households saw their 2012 tax bill eat up more than they earned in annual income…

As investors realized Congress would fail to avoid the foolish threat of “sequestration,” all eyes turned toward the defense sector. After all, there’s no better synonym for perverse government spending than “military contractor.”
Most investors are convinced the defense sector will lag as Uncle Sam cuts his spending…

Filed under: Investing

Liberty Global to Present at the Barclays Global Technology, Media and Telecommunications Conference
ENGLEWOOD, Colo.–(BUSINESS WIRE)– Liberty Global, Inc. (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK) will be presenting at the Barclays Global Technology, Media and Telecommunications Conference on Wednesday, May 22, 2013 at 2:10 p…

grok87 wrote:Re your being puzzled that if long corporate have some "equity like risk", then how can their standard deviation be so low, i think it may come down to the fact that equities and treasuries are often (but not always) negatively correlated, at least in times of stress. If two asset classes are negatively correlated then constructing a portfolio out of them can lead to a reduction in standard deviation…

May 20 (Bloomberg) — Peter Saleh, an analyst at Telsey
Advisory Group, and Bloomberg News reporter Leslie Patton,
discuss menu changes at McDonald’s Corp. restaurants. Saleh and
Patton talk with Bloomberg’s Pimm Fox and Carol Massar on
Bloomberg Radio’s “Taking Stock.”

The office-supply retailer reports on Wednesday and aims to demonstrate its dominance over its rivals.    

Exchange-traded funds (ETFs) have revolutionized the way investors approach the financial markets.
No longer are multiple accounts required to access the majority of indexes, currencies and commodities. Now, with a stock brokerage account, the self-directed investor can trade nearly every popular financial instrument with the click of a mouse…