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Many Middle-Class Americans Are Living Paycheck to Paycheck

Many Middle-Class Americans Are Living Paycheck to Paycheck
theatlantic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theatlantic.com Daily Mail and Mail on Sunday newspapers.

New-york , United-states , Creighton-university , Nebraska , Brooklyn , Washington , New-york-university , China , Omaha , Little-italy , East-hampton , Michigan

Federal Reserve: 75% of PPP Went to the Wealthy or Other Unintended People

The PPP intended to save jobs after our so-called leaders shut down the government sent most of the money to the wrong people.

United-states , Williamr-emmons , Waukesha-freeman , Federal-reserve-bank , Paycheck-protection-program , Central-city-concern-employment-access-center , Supervision-division , Drew-dahl , Central-city-concern , Employment-access-center ,

Mile-High Prices: Denver Leads U.S. Metros In Rising Housing Valuations In Past 30 Years

Mile-High Prices: Denver Leads U.S. Metros In Rising Housing Valuations In Past 30 Years
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.

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A Key Housing Market Metric Hits Uncharted Territory

The nationwide house price-to-rent ratio has hit its highest level since 1975.

Williamr-emmons , Federal-reserve-bank , Great-recession , Housing , United-states , Housing-market , Ationwide-house-price-to-rent-ratio , Ousing-prices , Oronavirus-and-urbanism , Andemic-depression , கூட்டாட்சியின்-இருப்பு-வங்கி

House Prices Exceed Bubble Peak on Key Valuation

An index measuring the ratio of house price to rent has risen to its highest level since 1975. The previous peak occurred during the housing bubble.

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Mortgage Distress During The Great Recession

Mortgage Distress During The Great Recession
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.

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How Many People Doubled Up After Losing Housing In Aftermath Of Past Recessions?

from the St Louis FedHard economic times often cause many to lose housing through rental evictions and mortgage foreclosures. How have downturns affected the size of American families in past recessions?

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Americans Born After 1985 Bear The Brunt Of Lower Employment

Americans Born After 1985 Bear The Brunt Of Lower Employment
econintersect.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from econintersect.com Daily Mail and Mail on Sunday newspapers.

Williamr-emmons , Age-group , Federal-reserve-bank , Bureau-of-labor-statistics , Facebook , Young , Lead-economist , Ep-ratios , Life-cycle-perspective , Employed-men , Birth-cohorts

11Feb2021 Pre-Market Commentary: Market Appears On Its Way To Open Flat

Global markets are mixed this morning with only small movements up or down. Gold is trending up, oil is mixed, and bitcoin is also trending up.
Here is the current market situation from CNN Money
European markets are mixed today. The DAX is up 0.52% while the FTSE 100 gains 0.06%. The CAC 40 is off 0.36%.
What Is Moving the Markets
Here are the headlines moving the markets.
How Much Higher Can Oil Prices Go?
Oil prices have rallied back to the point they are almost ready to match pre-Covid levels. There are two key drivers for this miracle, which no one predicted early on as being possible in this period of time. The first is the production curbs by U.S. producers and of course, the millions of barrels of oil per day withheld by the OPEC+ cartel. The second is recovering demand, putting-so far, slight pressure on supplies, and creating a market condition known as Backwardation. A market condition where the future price of a commodity

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Do College Degrees Mean More Wealth?

from the St Louis Fed
College degrees usually indicate higher income and wealth over those without. But this premium for those born more recently is getting smaller.
During a recent Dialogue with the Fed event, Assistant Vice President and Economist William R. Emmons discussed trends in income and wealth premiums for those with bachelor’s degrees and those with postgraduate degrees. His discussion was based on recently published research on the returns to college education, done with Ana Kent and Lowell Ricketts, both with the St. Louis Fed’s Center for Household Financial Stability.
Their research grouped families by birth year of the head of household, then further segmented the groups by race and ethnicity. They found that income and wealth premiums for those who graduated college have been generally trending down for subsequent birth decades. This was especially true for the wealth premium.

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