Posts filed under “Economy”
From National Journal:
Money is important, but it isn’t everything. The Organization for Economic Cooperation and Development created the Your Better Life Index to compare the quality of life as well as economic prowess of its 34 member countries. The index measures each country using 11 different lines, including income, employment, health, education, environmental quality, and its citizens’ opinions about life satisfaction, work-life balance, and a sense of community. Because people have different priorities, the OECD index allows them to rank countries according to their own values. The United States remains at the top for income and wealth, but it lags behind as a place to live a long and happy life.
Source: National Journal
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. Continues here
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