The Author shows that the level of U.S. household debt is not high. There is no evidence of excessive borrowing. Household net worth has reached an all-time high, achieved primarily by increased savings and investments in stocks and bonds but not by home price appreciation.
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eResearch is pleased to provide an insightful article authored by Scott Grannis for his Blog, Calafia Beach Pundit. [more]
The net worth of U.S. households continues to increase while, at the same time, households’ leverage continues to decline. What this means is that U.S. households’ asset values are rising at the same time that risk aversion continues strong. This is a relatively healthy situation. [more]
There is always a lot of hype about how workers are losing out on wage gains. Right now, the workers of General Motors have been on strike since September 15, calling for higher wages which, in fact, have not risen very much over the past ten years or so. [more]
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