by wpadmin | Jul 23, 2025 | BC Posts
For the past few months, the markets have been digesting and trying to make sense of the ever-changing news flow about U.S. tariffs being imposed on trading partners by the Trump administration. So, what is a tariff? Spoiler alert: a tariff is a tax. But it’s...
by wpadmin | Jul 1, 2025 | Perspectives
Last Wednesday Congress passed legislation permitting organizations such as Walmart and Amazon to issue their own stablecoins. The implication of this is that large retailers (and others) can in effect create their own exclusive currency. Such currency would only be...
by wpadmin | May 30, 2025 | Perspectives
In the past month interest rates have been going up—a lot. Most of the action has occurred at the long end of the yield curve (10 to 30 years). A year ago, there was not a lot of difference between the yield on a 10- and 30-year US Treasury bond. As of last Friday,...
by wpadmin | Apr 29, 2025 | Perspectives
As we come to the end of the first 100 days of the Trump administration and look for clues for the remaining 1,360 days of his term, it is becoming obvious that the effort to remake world commerce by leveling tariffs on our trading partners has been less than a total...
by wpadmin | Mar 14, 2025 | Perspectives
Ever since the new administration was sworn in on January 20, there seems to be a rising tide of actions designed to obfuscate what is going on. Based on those appointed, it would appear at least some of the actions are to detract from the fact that the Heritage...
