In this article, Mr. Grannis shows why the “average” U.S. citizen has never had it so good. (BW: Some really excellent charts presented here.)
This post is a paean to progress. The average person living in the U.S. has never had it so good, by any number of measures.
The Misery Index was invented decades ago by Arthur Okum, and it originally consisted of the CPI inflation rate plus the unemployment rate. A low reading means that inflation is low and unemployment is low, and that brings a measure of stability to the life of the average working person.
You can read the entire article by clicking: … HERE
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).
Scott Grannis, the Calafia Beach Pundit, says that although the stock market is high historically, there is still considerable skepticism and caution present. Thus, if the coronavirus and certain political disquiet were to fade, he says that there still seems to be substantial room for a further advance in equity prices. [more]
