$50 Trillion in Global Wealth Gone in 1 Year: Examining the Financial Markets...
Even after the historic stock market rally, global markets have lost $50 trillion in wealth over one year. I think people still haven’t come to terms or grasp the magnitude of wealth destruction we...
View ArticleMonetary Policy: Monetary Policy Slamming on Breaks. What do you do when...
Monetary policy is a delicate game of cat and mouse. You raise rates, you lower rates, or you jawbone a little and normally, the markets respond to the Fed like a conditioned hamster looking for a...
View ArticleWealth Evaporation of $40 Trillion: 3 Areas: Global Stock Market...
We have never seen so much global wealth destruction happen at once. Global equity markets are off in the 50 percent range and don’t seem to be letting up. We are seeing wealth destruction at an...
View ArticleThe three legged fiscal cliff: US middle and working class already facing...
To most of America the fiscal cliff is some sort of fiscal enigma. Most realize that we are spending more than we are bringing in and also that taxes are part of our system. What most have a harder...
View ArticleAre we reaching a tipping point in the stock market? 4 million fewer jobs...
As the Dow flirted with 14,000 and the S&P 500 hit 1,500 the typical American is losing their confidence and also reflects a stock market that diverges from the interests of the Americans worker....
View ArticleHow much do Americans earn? How the other half lives and examining income...
How much do Americans earn? Such an important and pivotal question is rarely examined in the mainstream press. It almost appears to be a forbidden topic of discussion. You would think that this...
View ArticleThe accelerating race to a student debt implosion: Federal student loans rose...
The Federal Reserve released an interesting report on consumer credit this week. While the mainstream spin is that it is good that consumer loans are growing, the vast majority of the growth is...
View ArticleGoing for broke: The multiple lost decades of US household income. Is it...
The recent Census data highlights a stark difference between the stock market and what families are facing across the United States. Households are struggling to keep ahead while the standard of...
View ArticleWhy is the cost of college education so ridiculously high? Is the current...
Last week I had the chance to visit a large and prestigious public university. While walking through the massive football field, one of the tour guides mentioned that they were planning on building...
View ArticleToo broke to leave home even at 35 years of age: Over 30 percent of young...
Young Americans are so broke, they can’t leave home. That might sound like the line of a really bad joke but this is the unfortunate situation in our economy. Many young Americans are saddled with...
View ArticleThe trend for part-time work sweeping the world: Part-time work dominating...
The employment statistics do a good job concealing the true nature of the workforce. The unemployment rate has dropped dramatically since the recession ended largely because millions of Americans are...
View ArticleMost Americans are too broke to afford to buy a basic home! The typical...
Most Americans still hold tightly that the American Dream involves owning a home. But that dream has come into deep questioning as banks and large investors crowd out the single family home market...
View ArticleClass of Underemployed: Nearly 50 percent of recent college graduates are...
We don’t send our young into the wilderness for a vision quest as a rite of passage. There are few things in modern society that signify a transition into adulthood. Going to college is one of them....
View ArticleThe Student Debt Bubble Implosion: $1.68 trillion in student loan debt and a...
Higher education has always held a space as a beacon of hope for our country. The great equalizer and a platform for hard working Americans to retool and come out with the skills necessary for the jobs...
View ArticleSubprime Auto Nation: American Households now Carry $1.34 Trillion in Auto...
America is literally driving itself into debt. US households now carry a stunning $1.34 trillion in automotive debt. What is troubling about this is the amount of driving taking place has plunged...
View ArticleA Record Number of Young Adults Living at Home: Levels Not Seen Since the...
The market is incredibly tilted against young Americans. $1.7 trillion in student debt is outstanding and most of that has taken a pause in the last year thanks to the pandemic. Most of that debt is in...
View ArticleMillennials Lead the Pack with Student Loan Debt: $1.71 Trillion in Student...
It should come as no surprise that Millennials continue to lead the pack in terms of student loan debt. The average debt carried by a Millennial is over $40,000. According to the US Census per capita...
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