Secure Your Wealth
Is Lady Gaga a Recession Indicator?
The TikTok generation’s search for signs of economic strain has expanded to include, well, just about everything.
To the extremely online, the portents of doom also include serif fonts, the popularity of press-on nails, messy buns, Lena Dunham’s latest public departure from New York and Gwyneth Paltrow’s decision to start eating cheese again. Responding to a seemingly innocuous social-media post with the phrase “recession indicator” has become a meme all its own.
It's showing up in actual data. The share of working Americans holding down multiple jobs rose to between 5.3% and 5.5% during the first five months of the year.
QSBS- Coming Back Into Fashion? (H/t Neil Bass)
The Senate and House versions of the budget continue to converge. If the QSBS development goes through, this will add fuel to an already powerful planning tool.
https://www.linkedin.com/posts/frazerrice_qsbs-qualifiedsmallbusinessstock-taxstrategy-activity-7341496288040927234-VOiS
We're #2!
Most people would guess that China has the largest trade surplus with the United State. Less obvious is the country that ranks number 2: Ireland. A combination of factors including weight-loss drug manufacturing, Tech IP tax situs structuring, and tariff disorder are the main contributors.