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Wow! The U.S. economy added 467,000 jobs last month, keeping the unemployment rate in the 4.0% area. Also impressive is that there were large upward revisions from previous months. We say 'wow' because there was such negative sentiment prior to the release of the jobs number.Read full articlefree membership required to read articleSubscription required to read articleSubscription required to read article
The $1.2 trillion Bipartisan Infrastructure Framework, which has garnered the support of the Biden Administration, calls for billions in funding for traditional infrastructure.Read full articlefree membership required to read articleSubscription required to read articleSubscription required to read article
In truth, high-tax blue states are net "receivers" of federal funds, New York foremost among them, according to Matthew Schoenfeld, a Chicago-based municipal bond portfolio manager. He gored one of the sacred cows of New Yorkers (and many municipal analysts). What's more, Mr. Schoenfeld did it publicly — in the Wall Street Journal's Opinion Page on July 22, 2020. Governor Andrew Cuomo, (D.NY) has repeatedly flouted a list of "donor states" topped by New York, which "gives" $29 bln. a year more than it "got" from 2015 through 2018. The source of the Governor's claim is the Rockefeller Institute's "Giving or Getting" which was published in 2017.Read full articlefree membership required to read articleSubscription required to read articleSubscription required to read article
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