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Mark Skousen

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Today, the U.S. government’s Bureau of Economic Analysis (BEA) released its latest Gross Output (GO) statistic, a broader measure of U.S. economic activity that I have been advocating for years, and it confirms little or no economic growth in the economy in 2015.

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It was billed as the Dream Debate of the Century, and it did not disappoint. More than 2,000 people poured into the Celebrity Ballroom at Planet Hollywood, Las Vegas, for the explosive debate between Paul Krugman and Steve Moore.

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Now that Greece officially has defaulted on its 1.6 billion euro ($1.1 billion) debt payment to the International Monetary Fund (IMF) and Greek voters voted “no” to the budget cuts the creditors had demanded in return for additional rescue loans, will Greece be the first country to exit the euro zone?

[European Central Bank]
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The biggest threat to your portfolio is “fear” — fear of the next bear market that might force you to sell prematurely when a temporary crisis hits. The Greek debt crisis is a case in point. On Monday, the markets worldwide sold off hard on news of a potential default by Greece on its sovereign […]

[IRS Building]
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“Trying to minimize taxes too much is one of the great causes of really dumb mistakes in investing.” –Charlie Munger Whenever I speak at the MoneyShows or other investment conferences, I frequently get asked about the tax implications of master limited partnerships, long-term vs. short-term capital gains, etc. Generally speaking, I try not to let […]

[U.S. flag in shape of U.S.]
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Here are three charts that paint a depressing picture of the U.S. economy.

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"...It's worse than you think."
—Dr. Mark Skousen