Mar 3 2010
The Middle Class Financial Compact Being Washed Away – Income Dilution and the Saving Disparity. 57 Million Households Live on $52,000 Per Year or Less.
The middle class is finding itself struggling to keep what was once seen as staples of a burgeoning working class in our country. Part of this battle has come from a system that has rewarded easy finance on the backs of the working class. Take for example residential real estate. For decades, this was probably [...]
Feb 2 2010
Stock Market Casino Royale – S&P 500 is overvalued by 100 Percent – Earnings do not Justify Current S&P 500 Levels. Financial Markets setting up for Another Correction.
When I look at the S&P 500 like most people do, you would expect that this wide cross-section of companies in the U.S. would reflect an accurate measure of the true health of industries in our economy. Yet the S&P 500 is fully disconnected from any historical measures of valuations. It is startling to see [...]
