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.
You can read the article by clicking here: … HERE
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]
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]
eResearch is pleased to provide an insightful article authored by Scott Grannis for his Blog, Calafia Beach Pundit. [more]
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