Posts filed under “Wages & Income”

The Shrinking American Middle Class

click for interactive infographic


Source: The Upshot

Category: Data Analysis, Economy, Taxes and Policy, Wages & Income

Higher Education, Wages, and Polarization

Higher Education, Wages, and Polarization Rob Valletta FRBSF, January 12, 2015     The earnings gap between people with a college degree and those with no education beyond high school has been growing since the late 1970s. Since 2000, however, the gap has grown more for those who have earned a post-graduate degree as well….Read More

Category: Think Tank, Wages & Income

There’s Never Been a Better Time to Be Rich . . .

Source: MoJo

Category: Politics, Taxes and Policy, Wages & Income

NFIB points to upward pressure on wages

From Torsten Slok, Deutsche Bank: The next ECI will be released on Jan 30 and the NFIB data that just came out points to more upward pressure, see chart below. Also, remember that the wage data used in the Fed’s FRBUS model of the US economy is the employment cost index and not average hourly…Read More

Category: Inflation, Wages & Income

Why Is Wage Growth So Slow?

Why Is Wage Growth So Slow? Mary C. Daly and Bart Hobijn FRBSF, January 5, 2015     Despite considerable improvement in the labor market, growth in wages continues to be disappointing. One reason is that many firms were unable to reduce wages during the recession, and they must now work off a stockpile of…Read More

Category: Think Tank, Wages & Income

Revisiting Plutonomics

“The Plutonomy is here, is going to get stronger, its membership swelling. Toys for the wealthy have pricing power, and staying power.” -Ajay Kapur, global strategist at Citigroup     Today is the 8th anniversary of a fascinating set of observations via Robert Frank in the Wall Street Journal on income inequality. 8 years ago,…Read More

Category: Politics, Wages & Income, Wealth Management

The Real Wolves of Wall Street

Source: Master’s in Accounting Degrees

Category: Digital Media, Finance, Really, really bad calls, Wages & Income

Congratulations! You just signed a $325 million deal. Now what?

Congratulations! You just signed a $325 million deal. Now what? Barry Ritholtz Washington Post November 23, 2014       Last week, we learned that Giancarlo Stanton signed an enormous contract: a 13-year, $325 million deal with the Miami Marlins. Before the 25-year-old slugger starts to celebrate, there are quite a few things he needs…Read More

Category: Apprenticed Investor, Asset Allocation, Investing, Wages & Income

Govt Spending: Jobs & Education vs War & Social Security

Shocking what many people support is a function of age:   Via Vox

Category: Employment, Taxes and Policy, Wages & Income, War/Defense

BBRG TV: Breaking Down 1.5 Billion Bonus Pool at Pimco

Pimco paid its former CEO Bill Gross a bonus of about $290 million in 2013, a year in which his Total Return Fund trailed a majority of peers, according to documents provided to Bloomberg View by someone with knowledge of Pimco’s bonus policies. Bloomberg’s Bloomberg View Columnist Barry Ritholtz speaks on “Bloomberg Surveillance.” His opinions are his own.

Source: Bloomberg, Nov. 14 2014

Category: Video, Wages & Income