Since 1970, the share of aggregate income going to the middle class has fallen from 62% to 42%. Meanwhile, high-income share has increased from 29% to 50%. No wonder so many supposedly middle-class families feel like they’re always on the brink. May 12, 2023 6:37 pm
S&P500 aggregate earnings missed estimates for the first time since 2008 financial crisis. Bank Of America WARNS! “A day of reckoning is coming for the market.” February 12, 2023 9:15 pmFebruary 10, 2023 7:43 pm
The Dynamic Linearly Detrended Aggregate Spread Signaled That A Recession Could Start Near Oct 2017, But Not Later Than 28 Mos From Jan 2017 (May 2019) April 9, 2018 4:02 pmApril 9, 2018 8:36 am