Inequality and Prosperity: An Unlikely Duo

There is an interesting phenomenon occurring in 2016. For the first time in history, the top 1 percent of the population will have more wealth than the bottom 99 percent. This video posted to the Economist Facebook page shows a graph highlighting the change in position of the top 1 percent versus the bottom 99 percent over…

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The Oil Glut

Why are oil prices so low and what does that mean for the economy? As you are probably aware, oil prices have continued to fall over the last two years. Some argue that this is due to manipulations of the commodities markets. Our opinion is that it is primarily a function of supply and demand.…

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