Posts filed under “Economy”
Source: Crestmont Research
Ed Easterling, president of Crestmont Holdings LLC, created the chart above comparing various economic recoveries. He selected those that followed similar annual declines in real gross domestic product.
As the chart shows, the present economic recovery is the most sluggish we have seen.
Overview Markets declined sharply towards the end of the week. Emerging markets were hit, in particular, which comes as no surprise to me – I have been bearish for quite a while. Traders blamed the declines in emerging markets to the weaker Chinese PMI data and the situation in Argentina. Quite frankly, I’m surprised that…Read More
Click for an interactive calculator. Source: Wealthometer Income inequality has been all over the news this year. Political fights about raising the minimum wage are in the near future. A related, but just as fascinating, issue is how wealth is distributed. Click through on the calculator above, and you can see where your families…Read More