Americans Spend more on Taxes than Food, Clothing and Shelter

Americans Spend more on Taxes than Food, Clothing and Shelter

Wondering why Americans are so angry with D.C. despite the headlines insisting that the employment situation is fantastic? Just look at incomes and taxes. According to a recent Pew Research Center Report shows, while median household income has shrunk by 13% from 2004, expenditures have risen by nearly 14%, driven almost entirely by the cost […]

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Economic Recovery with a Booming Job Market?

The headlines keep telling us that we are in an economic recovery with a booming job market.  It is just that Joe Consumer is too dumb to know how good he has it.  Or maybe not.  Maybe there is more to the headlines.  I spoke with Rick Amato about just how weak this recovery has […]

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With Stuart Varney on the Housing Market

With Stuart Varney on the Housing Market

I always seek to look below the headlines, assessing the underlying data in a more rigorous manner than you often see in the popular media and with a longer term perspective. Earlier this week I spoke with Stuart Varney on the Housing Market.  The topic warrants a thorough discussion as it is such an impactful part of the […]

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Unemployment Problems Persist

Unemployment Problems Persist

Perhaps the reason so few are saving is because the job situation isn’t exactly rosy, nor are income levels. According to the most recent report from the Bureau of Labor Statistic, the unemployment rate has dropped to 6.7% which looks on the surface to be good news. However, if you look a bit deeper, the […]

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