The Big Four: Real Personal Income in October
Personal Income (excluding Transfer Receipts) in October rose 0.78% and is up 2.2% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, Real Personal Income (excluding Transfer Receipts) MoM was up 0.78%. The real number is up 1.0% year-over-year.
Will growth investors have the nerve to be contrarians?
In RBA’s latest report, Rich revisits the "Earnings Expectations Life Cycle" from the perspective of growth versus value investors and outlines why growth investors need to be contrarians in 2021.
Lockdowns Test the Economic Endurance of Desperate Americans
American workers and businesses face a months-long survival test until Covid-19 vaccines become widely available as spending plunges with record daily cases prompting a sudden return to lockdowns.
New Retirement Bill Will Be Good News For Seniors
There is new reform legislation making its way through Congress which will significantly affect how many of us save for retirement and specifically how, and how much, we can contribute to our retirement accounts and at what ages. This is the most significant retirement saving reform legislation in years. I’ll break it all down for you below.