Arnott's Firm: U.S. GDP Estimates Way Off: 1% Growth Is New Normal
Unless the U.S. makes politically difficult changes in immigration, employment and investment policies, Americans should expect a long-term “new normal” rate of growth of just 1%, says investment management firm Research Affiliates.
Housing Bulls Living in ‘Fantasyland,’ Economist Says
Don’t believe the hype. That’s the message Anthony Randazzo of the Reason Foundation delivered Thursday about the housing market.
15 Best Cities for College Grads to Find Work—and Live
More than half of employers say they plan to hire recent college grads this year, according to a survey by CareerBuilder—but where?
Top 15 Best Paying College Degrees: 2012
With the rise in college tuition showing no sign of slowing down, a new, wide-ranging paper offers a tool for grads, or those choosing a degree, to figure out what their degrees might be worth.
Bull Kiesel, Bear Shilling Clash Over Housing
"If housing goes down 20%, I will back up the truck and likely PIMCO will, too," Kiesel says. Shilling predicts "recessionary kinds of things" in the next three to four years.
Top 10 Wealth Zones With the Most Advisors
In the second slideshow on these Wealth Zones, devised by AdvisorOne research, residents also have high incomes but with a lot of advisors among them.
Top 10 Wealth Zones With Fewest Advisors
These Wealth Zones, devised by AdvisorOne research, have residents with high incomes but few advisors among them.
If Demographics Is Destiny, Economy Is Already Declining: Data Guru Short
If a picture could tell a thousand words, Advisor Perspectives’ Doug Short, speaking at the RIIA’s spring conference, probably hit the trillion mark.
CBO Report: Wealthiest Americans’ Income Growth Outpaces Middle Class
The CBO reports that the richest 1% of Americans have been getting far richer over the last three decades while the middle class and poor have seen their after-tax household income crawl up in comparison.
Hispanics Suffer Most in Wealth Decline, Pew Says
Household wealth fell far more sharply among minorities than in white households, according to data analyzed by the Pew Research Center, with Hispanics taking the brunt of losses.