Labor

In an era where Amazon steals most of the headlines, it’s easy to forget about brick-and-mortar retailers like Walmart.

But, even though the market values the Bezos e-commerce juggernaut at about twice the sum of Walmart, Visual Capitalist's Jeff Desjardins notes that the blue big-box store is very formidable in other ways. For example, revenue and earnings are two areas where Walmart still reigns supreme, and the stock just hit all-time highs yesterday on an earnings beat.

Authored by Constantin Gurdgiev via CaymanFinancialReview.com,

Authored by Adam Taggart via PeakProsperity.com,

Frankly put: retirement is now a myth for the majority...

The Origins Of The Retirement Plan

Back during the Revolutionary War, the Continental Congress promised a monthly lifetime income to soldiers who fought and survived the conflict. This guaranteed income stream, called a "pension", was again offered to soldiers in the Civil War and every American war since.

Public pensions all around the country like to play a clever little game that allows them to drastically understate the current value of their future liabilities and therefore pretend that their ponzi schemes are something other than insolvent frauds.  Of course, we're talking about the artificially high discount rates that pension boards consistently use to understate their net underfunding levels...a topic that we've written about frequently over the years.

Authored by Lance Roberts via RealInvestmentAdvice.com,

Every day, the A-listers, those known around the world as household-name financial media royalty, are making public statements that if taken on the surface as actionable advice, are going to lead to unpleasant financial surprises.

Not for them. For you.