Contributors to keeping the middle class poorer are out-of-control college tuition and textbook costs (along with healthcare). And what's keeping the poor held down are childcare costs. https://s3-us-west-2.amazonaws.com/maven-user-photos/seanhyman/fundamentals/IOSU6hIfr0e_ddd3b0bprg/RY5EGAaWa0OC9z3hBOVTVg
4 Reasons to Consider a Pay Cut
We all want to earn more money, not less. But in some situations, the latter might actually make sense.
Jamie Dimon Breaks Promise Of Silence, Says "People Who Buy Bitcoin Are Stupid"
"Who cares about Bitcoin... it's agreat product if you're a criminal... this is the last time i'll talk about Bitcoin..." (again)
The Crash Of '87 Remembered: "It Was Clear The Acapulco Cliff-Dive Was On For Monday"
"We were tracking exponential moves in the equity market. The main one was the equity move in the 1920s, and the market in 1987 looked almost identical. The week before Black Monday, the technical and fundamentals aligned, and so we thought Monday would be the day..."
Janet Yellen expects healthy inflation to return
Federal Reserve Chair Janet Yellen gave a glimpse Sunday into what she called the most surprising thing about the American economy: the stubbornly low rate of inflation.
Since 1970, every time asset values have risen above 520% of households disposable income (the dashed line in the chart) then the US has been in a bubble and a subsequent crash has followed.