With price-to-sales at it highest ever for US equities, we thought the following three simple charts may provide some cynical, skeptical, fiction-peddling facts as everyone waits for payrolls this week...
Earnings expectations remain entirely decoupled from equity index price 'reality'...
And While Industrial Production in America mattered for decades... stocks are ignoring the current recession-like plunge in output...
Alan Jacobs says as far as he can tell, the Benedict Option stems from these three principles:
Authored by Michael Lebowitz via 720Global.com,
Submitted by Simon Wilson via MoneyWeek.com,
The middle class in America is in crisis, with incomes falling and life expectancy worsening. Why? And what can be done about it?
What’s it like to be a middle-class American?
It was just a matter of time: shortly after none other than "youngest ever billionaire" Elizabeth Holmes herself admitted that the technology of her "innovative" company Theranos had been effectively a fraud, when several weeks ago the company voided and restated years of test results, the valuation of the company has finally been adjusted to reflect the underlying value of the company. And Holmes' own net worth.