The mega Chinese stock market bubble:Â Over half of new investors only have a junior high education or less and the Shanghai Composite is up 100 percent in one year.
I still have vivid memories of Japan’s massive bull-run in stocks and real estate. For many years the consensus was that Japan had found a secret method of perma-growth and prices would only go up. Down was not in the vocabulary. We are seeing similar perceptions and narratives when it comes to China’s roaring economy. […]
Record 93.2 million Americans now not in the labor force: The not in the labor force rebound added 277,000 Americans in March alone.
In the last year alone we have added 2.1 million Americans to the “not in the labor force†category. This mysterious category continues to grow and is having a field day with the employment data. It is hard to ignore this number because it represents a large portion of our population that is simply not […]
The economically lost generation of Millennials: taking a look at net worth data, living arrangements, and student debt.
Young Americans probably missed the memo regarding the economic recovery that has been taking place since 2009. Apparently massive student debt, living at home, and a market full of low-wage jobs isn’t exactly the picture perfect ideal of a booming economy. Millennials are facing an uphill battle. The market has virtually eliminated the pension system […]
Largest for-profit sees half of its students vanish in last five years: For-profits under fire as value comes into question.
Many prospective students are starting to become savvier when it comes to looking at colleges. For-profit colleges largely rely on federal funding and market to lower income Americans. There is little oversight for the colleges in producing any sort of measurable result. Many students are simply saddled with massive debt and a degree that has […]