Impact on Business Valuations Tariffs have long served as a tool for national governments to protect domestic industries, correct trade imbalances, or as leverage in international negotiations. This article explores the cascading impacts of recent U.S. tariffs and reciprocal trade barriers on U.S. goods and services. Tariffs have long served as a tool for national governments to protect domestic industries, ...

The Psychological Reasons Why People Fail to Save "Present bias"—the concept that people would rather have a smaller sum of money now than a larger sum of money in the future—is one cognitive bias that keeps people from saving, according to a new paper.  Another problem is "exponential-growth bias," which refers to a failure to understand compound interest.  Derek Thompson, senior editor at The Atlantic, ex ...

A Valuation Principal Takes Issue With Revenue Ruling 59-60:  "Does Analysis of Macroeconomic Conditions Add Credibility to My Opinion of  Privately Owned Company Value In My Region?" Rick Warner, ASA, AVA, Principal, Great Lakes Valuations writes that "Most of us as appraisers are familiar with Revenue Ruling 59-60 and its prescription for factors to be considered as part of the valuation of the stock of c ...