Category Archives: Uncategorized

GOP’s Hidden 45.6% Tax Bracket For Wealthy is For Real

I don’t want to be a broken record on the subject of the new GOP tax reform proposal, especially after devoting my entire E-Letter to it on Tuesday. Yet there is one troubling aspect of the new tax plan that has come to light this week as analysts dug deeper into the details. That revelation,…

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…

Why Consumer Spending Remains Below Normal

  We are now into the eighth year of this economic expansion. The unemployment rate is at a 16-year low (4.3%), stocks are at all-time record highs, home prices have fully recovered in most areas and wages are finally starting to rise. The question is, why aren’t consumers spending more? Consumer spending accounts for apprx….

Get Ready For Higher Inflation At Long Last

US inflation as measured by the Consumer Price Index (CPI) has been trending lower since late 2011, despite repeated efforts by the Fed to lift inflation to its 2% target. The Fed somehow believes that we need higher inflation to get the economy going. While the CPI and other inflation measures have failed to cooperate…

Retailers Brace For Disappointing Shopping Season

Retailers typically look forward to the holiday season as a time for major profits. Many retailers experience 35-40% of their annual sales during the period from Thanksgiving to Christmas. But this year, retailers could be singing the blues by the time the Christmas holiday shopping season concludes, according to several recent surveys. The National Retail…