Oil Prices Unsettle Bonds

The oil price war is creating problems for finance. The fracking boom made financial sense when oil prices were over Continue reading →

Frugality Is In Fashion

Frugality is shifting middle class spending. “The recession wasn’t just a wake up call for politicians and bankers. For the Continue reading →

US Middle Class Is A Minority

As recently as 1971, the US middle class was a majority of the population: 61%. It now just hit 50% Continue reading →

US Job Recovery Unfinished

The last six years have seen impressive jobs growth in the US. Unemployment is also down. The US job market Continue reading →

Commodities Crumble

When the stock market falls it fills the news. Partly that’s because it affects people’s retirement accounts, but also because Continue reading →

US November Job Report

The good news: the US economy added about 211,000 jobs in November, better than expected. The somewhat good news: wage Continue reading →

US Wealth Inequality Update

US wealth inequality continues and has reached the level where 20 Americans are now worth as much as half the Continue reading →

Chinese Productivity Shrinking

One measure of China’s economy suggests it is shrinking. China’s GDP continues to look stronger than most countries, at 6.9%, Continue reading →