What Everyone Gets Wrong About the Homeless

Mark Anthony DiBello, a homeless man, tells about his experiences on the street and about the misconceptions people have about him and others like him. He said that most homeless are not there by choice, but by unfortunate circumstances. Some, like him, were once regular citizens and even have university degrees. Source: I Used to […]

After Nine Year Bull Market Pensions are Still Underfunded

A nine year stock bull market doesn’t seem to be enough to encourage CEOs to bring pension funds up to breakeven points. Instead they’ve poured record amounts into stock buybacks. — Read on www.marketwatch.com/story/5-companies-that-spent-lavishly-on-stock-buybacks-while-pension-funding-lagged-2018-10-20

Wall Street Fears 50% Stock Drop Could Reach Scary “Fair Value” Level

This October is bringing with it a lot of scary stuff, and Halloween isn’t even here yet. Wall Street is starting to issue dire warnings that a significant stock market correction of 50% could reduce equity values back down to…get this… historic “fair value” averages. Because of this, we may have a real “Trick-or-Treat” market […]

Emerging Markets’ Oil Shock is Here

Brent crude recently hit $85 a barrel on its way higher, possibly towards $100, a level some analysts expect by the end of the year. Although it is still a long way from the 2008 record of $147.50, prices in emerging market currencies, which have strongly devalued against the US dollar, are already exceeding the […]

BANK OF AMERICA: The most important segment of the housing market has peaked

The top is in for existing-home sales, which make up 90% of transactions in the US, according to economists at Bank of America Merrill Lynch. The largest segment of the housing market has peaked and will no longer contribute to the US economy’s growth, according to US economists at Bank of America — Read on […]

Argentina Falls Further into Crisis

BUENOS AIRES, Argentina (AP) — Soup kitchens are over capacity and barter markets have sprung up throughout communities as Argentines try to cope with a worsening economy and a currency that won’t stop spiraling down against the US dollar. Source: Argentines seek soup kitchens, barter markets amid crisis

Is the U.S. in an “Everything Bubble?”

The U.S. is experiencing one of the greatest wealth booms in history, but data is making it more clear that it is founded on unsustainable economic bubbles that appear ready to burst in the near future. Source: U.S. Household Wealth Is Experiencing An Unsustainable Bubble

Making Family Health and Wellness a Routine

The most effective way to impact your family’s health for the longterm is to establish healthy routines and habits. A great way to do this is to give yourself regular reminders to stay on course. I’ll be the first to admit that I’m not great at scheduling reminders on my calendar. I prefer physical, analog […]

What Happened to America’s Middle-class?

Alissa Quart, author of the new book, Squeezed: Why Our Families Can’t Afford America, suggests that America’s middle class is being wiped out by a cost of living that far outpaces salary increases.   A couple earning nearly $140,000 can’t make ends meet without taking after hours jobs? Tiny starter houses cost $680,000 and up? Highly educated […]

Community Rallies Behind Teen’s Hot Dog Stand for School Clothes

Minneapolis Officials Help Teen Get Permits for Hot Dog Stand How many times have we read about a story in which children tried to experiment with a lemon aid or hot dog stand that was closed down quickly and emotionlessly by cranky neighbors and overzealous city authorities? Sadly, it seems to happen a lot, making […]