Anyone alive back in the 1970s remembers the term “stagflation” that went around a lot in those days. Stagflation was basically an amalgam of the unemployment rate, plus the inflation…
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It’s risky calling ups or downs on the stock market because, to quote Jeb Bush, stuff happens. Were one to suggest that stocks are due for an irregular recovery the…
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If you have more than $1,000 in cash in a savings account, congratulations, you’re part of a thrifty minority in America. According to a survey by GOBankingRates.com and supported by…
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There are a lot of factors that feed into wealth and poverty. There’s an unfortunate tendency to look upon poor people and think that they are poor because they’re lazy…
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The growth in America has been located primarily in the cities. With more millennials choosing not to drive cars, that has pushed rents and housing prices in America’s most popular…
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Normally stocks zoom and the bond market waffles when the Fed puts off an interest rate hike, but today we see why investment advice always contains the phrase “past results…
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The commodity in shortest supply in the world today is time. People are spending more time at work and more time sitting in traffic trying to get there and back.…
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There was a tectonic economic shift in 2015 and most of the world didn’t even notice it took place. Like any major economic shift the change started decades before. In…
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The jobs market in the U.S. is as good as it’s been in decades. Layoff notices are at lows not seen since the 1970s. The steady improvement in employment numbers…
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It’s called the “gig economy” and roughly one-third of U.S. workers fall into that category. Those are people who consider themselves independent contractors, freelancers, small business owners and temps. An…