by Leif Jensen | Mar 9, 2020 | Banking |
Banks always had an unusual way of doing things. Especially growth under the control of Glass-Stegall. The Glass–Steagall Act was a 1933 law that separated investment banking from retail banking. Investment banks organized the initial sales of stocks, called...
by Leif Jensen | Mar 4, 2020 | Banking |
A venture capitalist (VC) is a private equity investor that provides capital to companies exhibiting high growth potential in exchange for an equity stake. This could be funding startup ventures or supporting small companies that wish to expand but do not have access...
by Leif Jensen | Mar 3, 2020 | General, Rant |
First Industrial Revolution, was a time of transition for new manufacturing processes in Europe and the United States, in the period from about 1760 to sometime between 1820 and 1840. The First Industrial Revolution, which ended in the middle of 19th century, was...
by Leif Jensen | Mar 2, 2020 | General |
The current state of unemployment is not quite the rosy picture that everyone wants us to believe. I like looking at the U-6 rate and not the U-3 or official rate, because U6 is the whole picture. Not a fractional picture. U-6 is the total unemployed, plus all...
by Leif Jensen | Feb 26, 2020 | Rant |
As you can probably tell by my writings that I fall on the conservative side of the world. Like most CPA’s I know. But I have had many a lively conversation with clients who fall into the liberal camp. But now I have proof or what I suspected all along. Being a...
