For years, atmospheric sciences professor Tim Garrett has been intensely curious — as many are — about what actually drives financial wealth.
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.
Affluent Investors Mirror Broader Economy’s Tepid Optimism
If affluent investor sentiment is a guide, the economy continues to progress at a steady but very slow pace.
Confidence in Economy Sinks to 2009 Lows
Chase's Dimon blames crisis of confidence on 9% unemployment, but Fed Governor Tarullo laments that the U.S. labor market has lost its former dynamism.
Stagnation Nation: Census Analysis
The gap in what people earn today compared to what they once earned goes far to explain the current pervasive sense of economic malaise, U.S. Census data show.
News Analysis: Are We in a Recession?
Consumer confidence plunged to two-year lows in August, stoking predictions and outright declarations that the economy has slipped into recession. The latest Consumer Confidence Index reading of 44.5 is lower than the 53.9 average for the 2007-2009 recession.
Jobless Rate Steadies but Number of Workers at Lowest Rate Since ’83
The 117,000 new jobs in July continues to fall short of the increase in working-age Americans and the workforce participation rate has declined to levels last seen in the severe early-'80s recession.
The Markets: Doomed to Repeat?
Some financial experts who know the history of U.S. markets inside and out are nonetheless oblivious to the history of stock markets around the world....