How Big Is America’s Middle Class In 2024?
Charted: America’s Income Distribution in 2024 This graphic visualizes the income distribution of all U.S. households in 2023, along with the range for which they would be considered middle class.Data is sourced from the Census Bureau, and all figures are inflation-adjusted.Pew Research estimates a household making between two-thirds to double the median annual income is considered […]
Rates Spark: Payrolls Friday To Settle Things
Eurozone government bond spreads tightened significantly on improving risk sentiment as Le Pen suggested a new budget could be put together in weeks. Front and centre though is the US payrolls report. Crucial as always, but this time interpretation is made tougher by returning strikers and the hurricane impact. Watch the unemployment rate this time.Image Source: Pexels […]
Stocks And Precious Metals Charts – NFP Report For November
Tomorrow will be the Non-Farm Payrolls report for November. And given that the risk markets are highly dependent on liquidity supplied by the Fed, its importance is greatly amplified.So let’s see how it goes.The Dollar fell, losing the 106 handle.It’s a bit surprising given the economic and political turmoil in Europe.The euro is the largest influence […]
Rising Inflation Threatens Annuities
Image Source: Pixabay Higher inflation threatens value of fixed annuity payments.Video Length: 00:15:52More By This Author:The Bipolar Economy China Issues Eurodollar Bonds Presidential Election Cycle And Markets
Ethereum Crosses $3,800: Is The ‘God Candle’ Nearing? Analysts Weigh In
Image Source: Pixabay Ethereum (ETH) appears to be finally waking up from its slumber as the second-largest cryptocurrency by market cap has jumped 8% in the past 24 hours, surpassing the key $3,800 price level. Is An ETH God Candle On The Horizon? Ethereum’s rise appears to align with declining Bitcoin (BTC) dominance. This important metric […]
Buy & Hold Investors To Get Wiped Out
Image Source: Pixabay Stocks are on track to end 2024 on a high note.The S&P is up roughly 27% so far, hitting new record highs all throughout the year.Will the party continue into the New Year?Or will 2025 be a less enjoyable one for investors?To find out, we’re fortunate today to talk with money manager Michael […]
The Cautionary Canary Makes An Appearance Ahead Of NFP
Image Source: Pexels MARKETSStock market operators across the major US indices hit pause overnight, steeling themselves for potential turbulence as the Labor Department prepares to release the pivotal November jobs data later on Friday. The upcoming report, the last before the Federal Reserve’s December rate decision, is poised to stir volatility, potentially amplified by “ bounce […]
Stocks Slip From Records As Crypto Steals The Show
It was a choppy day on Wall Street, with all three major indexes scoring intraday record highs but ultimately finishing lower. The Dow shed triple digits, while the S&P 500 snapped a four-day win streak. Despite Bitcoin’s (BTC) big monument, the tech-heavy Nasdaq was likely pressured lower by some profit taking, with investors content to sit tight ahead […]
When Will It End?
Image Source: Pexels (Today’s theme music: The Yardbirds, “Over Under Sideways Down”)I’ve been fielding an increasing number of questions recently that share a similar theme: “have we run too far?”, “is it time to lighten up?”, “should I sell?”, that sort of thing. And for better or worse, most of my answers are more elaborate versions […]
How BRICS, Gold Will Respond To Trump Tariff & De-Dollarization Threats
Image Source: Pixabay Donald Trump recently threatened to ostracize any BRICS nations that continue their efforts to de-dollarize. And given some of the trade and military wars currently ongoing, that creates a potentially volatile situation that could go a variety of ways.Fortunately Dr. Jim Willie is here to check in with his thoughts on the matter, […]
