Aug 27 2016

The focus on 401ks has destroyed the retirement for millions of Americans over the last generation.

Over the last generation there has been a shift from pensions to do it yourself 401k plans.  The idea was pitched during a time when the stock market was in a bull run and Wall Street was excited to open up additional streams of revenue.  But now a generation later, the results are rather clear.  […]

Aug 20 2016

The wealthiest 10% hold 76% of the wealth: The rich continue to pull away from the rest of the crowd.

Wealth in the U.S. continues to accumulate into fewer hands.  A recent Congressional Budget Office report showed that the top 10% of U.S. families now control 76% of total wealth.  That is a massive amount considering total family wealth is at $67 trillion.  Wealth inequality continues to expand and is creating deeper divides in our […]

Aug 14 2016

Is College Worth It? The $1.4 trillion question gets harder to answer as a record number of Americans attend universities.

One of the most perplexing questions on the minds of young Americans today is whether college is worth the associated tuition cost.  It is rather humbling to see that $1.4 trillion in student debt is outstanding today.  That is more than auto debt and credit card debt.  College tuition has outpaced virtually every category that […]

Aug 6 2016

95 million Americans not in the labor force: The army of non-workers in the United States.

The United States now has 324 million people.  Of that we have a large labor force.  70 million cannot work and most of those are children.  But what about the rest?  The media largely ignores a massive contingent of people.  This group is made of those not in the labor force.  Today we have a […]

Jul 31 2016

The American Dream has imploded with the Homeownership rate hitting another low: Most Americans too broke to buy a Home.

Owning a home is symbolic with having a piece of the American Dream.  The stereotypical picket white fence with a nice lawn is easily conjured up in the minds of many.  Yet for many, this is only a dream because it will never become reality.  The American Dream has imploded with many other areas of […]

Jul 26 2016

The largest pension fund in the country CalPERs continues to underperform: Weakest return since 2008-09 financial crisis.

The two largest public pensions in the U.S. are Calstrs and Calpers and collectively they oversea $484 billion for public workers in California.  Pensions have a hard time surviving in a low return world.  For example, these pensions seek out a 7.5% annual return which is simply unrealistic to do in a market that is […]

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Jul 19 2016

Gallup Economic Confidence Index plunges while stock market near record: Stock Market decoupled from financial well being of average Americans.

Gallup releases an Economic Confidence Index which should reflect the overall sentiment of Americans as it pertains to the economy.  With the stock market near record highs and the housing bubble market soaring, you would expect average Americans to be smiling from ear to ear with glee.  But when you click on over to Gallup, […]

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