I enjoy maps. Each tells a complex story. Here are some of my favorites to reveal realities about our country, its economy, people, prospects and nuances. Not much commentary from me. I’m letting the maps speak.
By now, you have probably heard that the yield curve has got flatten and will likely invert in 2019. What does this mean? Specifically, economists and investors look at the yield of the 10 year treasury note and subtract that rate from that of the 2 year treasury note. Rationally, investors want higher rates for […]
Just this week, we heard the good news that median household income grew by 1.8% to $61,372, a new post-recession high. Still, some 39.4 million Americans live in poverty, and that number improved. Unemployment has gone down, and the equity markets are banging on all-time highs. Still, a few things are not working. Not everyone […]
2020 census, Case-Shiller, congressional seats, Economic Sciences, Economy, electoral congress, featured, Florida, GDP, Growth, housing prices, income, Median Income, migration, personal income, Real Estate, Texas
By most conventional measures of the US economy, we are enjoying broad prosperity in the US. Unemployment is down, equity markets are up. However, salary growth is lagging for many. Analysis by the Pew Research Center shows that average real wages are essentially flat over the last 50 years. It shows that prosperity has not reached the middle class and, well, never did.
2020 census, average wages, Cas-Shiller, census, Chicago, congressional seats, DC, Economy, electoral college, featured, Florida, Growth, high speed rail, housing prices, Illinois, income, income tax, local economies, median household income, Miami, middle class, migration, Milwaukee, north, real income, Richmond, south, state taxes, Tampa, taxes, Texas, Trump, us census bureau, wages, Washington, Washington DC, wealth
Iceland: Economic and Business Lessons – Fire and Ice This summer, I had the pleasure of visiting Iceland with my family. It is an amazing country in so many ways. In addition to its unmatched natural beauty of mountains, glaciers, seashores, and active volcanoes, visiting offers some great lesson in economics and business. Iceland Has […]
66 North, Amazon, Branding, Commodities, Commodity, Digital Economy, Economic Sciences, economic trade, economics, Economy, Education, featured, Florida, Iceland, Icelandair, Icelandic, import, Lamb, Marketing, Mexico, NAFTA, North Face, Salmon, Spain, Tourism, Trade, Turkey, Unemployment, Whole Foods, World Economics
2017 New Year Outlooks With 2017 just beginning, it is worth thinking about some financial and business outcomes that are uncertain and will be consequential in the state of the economy next year. Price of Oil The Trump administration seems more supportive of the broader energy sector than was that of Obama, including coal and […]
2017 Predictions, Automobile Loans, Automobiles, Economic Outlook, Economy, featured, Federal Reserve, interest rates, Loans, Oil, Price of Oil, Risk, Technology, Technology Stocks, Tesla, United Airlines