Remove Economy Remove Math Remove Numbers
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Surprise! California’s 40 Qs of Rising Minimum Wage & Fast Food Industry Growth (Beating USA)

The Big Picture

To prove their point, a number of friendly commentators, academics, and hired guns all wrote endless white papers, Op-Eds and commentaries. But they made one super-sized mistake: they cheated with the numbers. ” A bit of quick math: 726,600/0.987 = 736,170 (starting point). 726,600 – 736,170 = -9,570.

Food 306
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Government Spending Is Out of Control! LOL

The Big Picture

As Paul Krugman recently wrote on his excellent Substack , using a chart identical to the one immediately above (Paul used FRED ): “People may imagine that government is a bigger part of the economy than it is because of all the money we spend supporting retired Americans, covering their health bills, and so on [Chart 1].

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Q&A: Your Money Map

The Big Picture

These days, turning on the TV to get the latest news about the markets and the economy can be enough to send anyone into panic mode. The second section of your book focuses on Bad Numbers, or in other words, misleading numbers that could drive the economy, the markets and ultimately, your investments.

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Wednesday links: narrative fallacies

Abnormal Returns

Strategy On the strange math of stock returns. morningstar.com) Economy Mortgage refinancing applications are on the rise. sherwood.news) The number of existing homes for sales keeps rising. fortunesandfrictions.com) Betting on smart beta has generally not worked out well for investors. sherwood.news) CEOs are all over LinkedIn.

Math 267
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10 Weekend Reads

The Big Picture

Economy Depends More Than Ever on Rich People : The highest-earning 10% of Americans have increased their spending far beyond inflation. The ultrarich are growing in numbers, and changing wealth as we know it. ( Imagine if every sentence in a story were expected to contain the same number of alphanumeric characters.

Math 162
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15 Recession-Proof Businesses That Thrive in Any Economy

Clever Girl Finance

But while the economy slows, certain businesses remain steady, and some even thrive. Lets dive into 15 of the best recession-proof business ideas you can start today, even in a bad economy. This is because consumers become concerned about the economy or have lost their jobs and means of income.

Economy 69
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10 Monday AM Reads

The Big Picture

The Federal Reserve is struggling to cool inflation further without damaging the economy. But most of all, it was just simple maths according to Druck. My back-to-work morning train WFH reads: • The Fed Has No Good Options. The Risk of a Misstep Is Growing. The easy part is over. The easy part is over. The first was don’t lose money.

Math 288