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Why Middle Class Whites Are Dying Faster (In 6 Painful Charts)

Why Middle Class Whites Are Dying Faster (In 6 Painful Charts)

Authored by Julia Belluz via Vox.com,

In 2015, a blockbuster study came to a surprising conclusion: Middle-aged white Americans are dying younger for the first time in decades, despite positive life expectancy trends in other wealthy countries and other segments of the US population.

The research, by Princeton University’s Anne Case and Angus Deaton, highlighted the links between economic struggles, suicides, and alcohol and drug overdoses.

Hedge Fund CIO: "The Market Doesn’t Care About Health Care. Poor People Care About Health Care"

From Eric Peters, CIO of One River Asset Management, here is a topical anecdote, as well as a review of the key events in the past week.

Weekend Notes

“Where’s the beef?” bellowed Biggie Too. “Health care, regulation reform, tax cuts – where’s it at?” continued the Chief Global Strategist for one of those too big to fail affairs.

“You boys were always gonna face this moment,” barked Biggie, sliding into a slow groove.

America's March To Default

America's March To Default

Authored by MN Gordon via Acting-Man.com,

Style Over Substance

“May you live in interesting times,” says the ancient Chinese curse.  No doubt about it, we live in interesting times.  Hardly a day goes by that we’re not aghast and astounded by a series of grotesque caricatures of the world as at devolves towards vulgarity. Just this week, for instance, U.S. Representative Maxine Waters tweeted, “Get ready for impeachment.”

Goldman Asks "Have We Reached Peak Cash?"

Goldman Asks "Have We Reached Peak Cash?"

In several major economies it's crunch time for the future of cash. Goldman Sachs notes that this is largely policy-driven: tangible steps are being taken to wean economies off cash (e.g. India, Europe); but adds that, at the same time consumer expectations around convenience are rising and enabling technologies have proliferated in the shape of contactless cards, mobile wallets, cryptocurrencies and more.

So, they ask, does the decline in cash payments imply the demise of cash?

Not necessarily.

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