Author Archives: Gary D. Halbert

Americans Send Mixed Signals on Economy & President Trump

Several recent polls and surveys found that most Americans are feeling better about the economy, their jobs and their own fortunes. The latest Bloomberg national poll out last week found that 58% of Americans believe they’re moving closer to realizing their own career and financial aspirations. That tied for the highest level recorded in the…

Best Run States Are Low-Tax, Worst Are High-Tax

Each year the Mercatus Center at George Mason University ranks all 50 states based on their overall financial condition and ability to meet their obligations. The report is entitled “Ranking the States by Fiscal Condition” and the latest report was released on Tuesday of this week. To compile the rankings, the Mercatus Center dissects each…

Consumer Spending Hits 9-Year High, But All’s Not Well

There are lots of surveys and data on consumer spending – retail sales, personal consumption expenditures, same-store sales, etc., etc. – but Gallup has a monthly survey which asks a different question. Each night, Gallup asks 15,000 American households to report how much they spent the previous day, excluding spending on normal household bills and…

Millennial Women Surging Ahead of Male Counterparts

Millennial Women Surging Ahead of Male Counterparts In my E-Letter on Tuesday, my main topic focused on how over one-third of Millennials are living with their parents today, out of necessity. Today I want to follow up on that discussion and point out another major trend we all should be aware of regarding Millennials. But…

Millionaires Own Record 45% of World’s Wealth

According to a study released earlier this month from the Boston Consulting Group (BCG), the world’s millionaires and billionaires now own a record 45% of all global wealth – and their share is growing. Yet they make up only about 1% of the world’s population. The report from the global consulting firm found that the…