Manufacturing doesn’t command the same presence it once did, but it supports a healthy middle class and the overall economy, and a new body in the Oval Office isn’t going to stop the collapse.
The job market remains ugly. We’re not creating enough high-paying jobs to support the middle class, and we’re replacing low-paying jobs with robots. Where does that leave us?
Do you want to follow how often the U.S. economy fails to live up to expectations? Well … there’s an app for that. And what is says about gross domestic product (GDP) isn’t pretty.
Can you inflate a balloon by taking out the air? The answer is obvious. And, yet, Wall Street is rising (to rarefied levels) even as money is flowing out. How can this be?
As another earnings season comes to an end, one thing immediately jumps out: Stock prices are out of whack from their core value — earnings. And the implications are dire.
Director of VIP Services
Chief Investment Strategist of Money & Markets
Financial Analyst
Editor of Alpha Investor
Founder of Sovereign Man
Research Analyst
Editor of Strategic Fortunes and three elite services
Founder, Agora
Early in his career, Shad cut his teeth in the world of music marketing [...]