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Wealth Inequality Starts at the Top

The Big Picture

Source: FRED Wealth disparities get ever more lopsided the higher up the economic strata you climb; there is more disparity with the top 1% than the top 10%, but the biggest spreads are at the top 0.1% (and above). The top 0.01% of US households had at least $111 million in net worth in 2012, compared to $4 million for the 1 %.

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NAHB: Builder Confidence Decreased Further in December

Calculated Risk

Any number below 50 indicates that more builders view sales conditions as poor than good. This is the lowest confidence reading since mid-2012, with the exception of the onset of the pandemic in the spring of 2020. “In Mortgage rates are down from above 7% in recent weeks to about 6.3% emphasis added Click on graph for larger image.

Sales 246
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At the Money: Austan Goolsbee, Chicago Fed President on Tariffs, Inflation and Monetary Policy

The Big Picture

How should investors view the relationship between trade policy and inflation in the current economic environment? Gwinn Professor of Economics Masters in Business (coming soon) ~~~ Find all of the previous At the Money episodes here , and in the MiB feed on Apple Podcasts , YouTube , Spotify , and Bloomberg. I think number one.

Economy 162
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The 10 Best Financial Advisor Conferences To Attend In 2024

Nerd's Eye View

Most notable is the fact that industry associations are not the drivers of advisor conferences that they once were; while a decade ago, 75%+ of this "Best Conferences" list consisted of various events run by industry associations, now it numbers less than 25%.

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Underperforming Your Own Assets

The Big Picture

Also, given you have to turn DRIP on in most brokerage accounts, I wonder what percentage of investors reinvest as well (have looked but can’t seem to find this number anywhere).” Essentially, he was referring to the entire field of behavioral economics. The 10-year returns for equities (2012-2021) when the SPX generated 16.6%

Assets 246
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5 Unusual Economic Indicators That Can Tell You About the Economy

Trade Brains

Unusual Economic Indicators : You might have heard about indicators like the Big Mac Index (if you haven’t, you can read our previous article). Today, we’ll introduce you to some unusual economic indicators that might predict the economic conditions. Most Unusual Economic Indicators 1. What is it? What is the proof?

Economy 64
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Market Commentary: Strong Jobs Report Gets the “Good News Is Bad News” Treatment

Carson Wealth

The last two highlight the challenges of keeping up with changing markets and technology, as GM declared bankruptcy in 2009 and Kodak in 2012. Monthly numbers can be noisy and so a 3-month average is helpful. Also in the top 10 in the early 70s, several oil companies, Eastman Kodak, and General Motors. million average per year).