Charts of the Week
Comparing State Income & Sales Taxes
April 3, 2020
A look at each state's income tax as well as sales tax rates
A look at each state's income tax as well as sales tax rates
A comparison of taxes across the globe
Select charts from our recent posts
As the full extent of the coronavirus damage becomes better understood, economic forecasts are coming down hard. Equity analysts have been the slowest to react, still forecasting a good year for earnings.
March's payroll report was historic by many different measures. Unfortunately, these records will likely be broken next month.
Today's topics include a crude oil truce?, banks still waiting for details on small business loan program, swap spreads' response to Fed regulatory easing, here comes increased Treasury issuance, ratings downgrades, the PBOC lowers bank reserve ratios, watch the pace of hiring, Fannie/Freddie's liquidity crunch, the banks now need to deploy their cash, Jim Grant on low interest rates, and junk bond fund inflows.
China needs dollars. They have $1 trillion of Treasuries to sell to generate dollars. The Fed does not want this to happen. So the Fed created a new swap line Treasuries as collateral for dollars.
Assets from stocks to bonds to commodities endured one of the craziest quarters on record from a total return basis.
Today's topics include tomorrow's payroll report - pick a number any number, initial claims hit 6.6 million, tax laws back up for debate, virus counts, crude oil prices, the case against inflation concerns, still figuring out the details of the small business loan program, and the muni market's problems.
A look at stock and bond fund flows through February 2020