Scary new trends in American employment…
Another sad story of how our pension dollars are being given to Wall Street by 1%-subsidized politicians.
I’m one of those people who gets nervous when the market hits new highs amidst what looks like a deteriorating economy for the middle class…but I’ll try not to be a Debbie Downer so, “Happy New Record for the Dow Day!”
The plot thickens… Anybody want to hedge their bets about whether the SEC will have any teeth in this situation? By the way, Standard and Poor’s is at an all-time high today.
Feeling bad for anyone who went long on Whole Foods recently…quite a pullback today.
Herding the incomes of the young into deteriorating assets like housing is a dangerous misallocation of capital and investment. Investing heavily in housing means those incomes are not being invested in productive opportunities in other sectors of the economy, whether that is investment in the stocks of other companies, or individuals starting their own businesses.
Interesting dynamic here!