The forces that have boosted the prices of blue-chip stocks over the past year are diminishing, while other factors have become increasingly uncertain.
Wealth
Should Mitt Romney Embrace His Rich-Guy Image?
Evidently feeling that our political discourse is not silly enough yet, the kind folks at National Review have given us a cover story arguing that Mitt Romney needs to fully embrace his inner Thurston Howell. And that he should …
Is the Stock Market Really Dying?
Pessimism is often most widespread when a long period of economic troubles is nearing an end. What follows can be a surprisingly strong rebound.
9 Reasons Why This Economy Feels So Bad
The recent slump has been unusually painful, and the feeble recovery has been disappointing. But today’s economy seems even worse than it actually is
Every American Is Experiencing a Different Economy
You don’t have a real economic recovery until the majority of Americans are participating — and right now they aren’t
Should All Young Americans Be Fiscal Conservatives?
Resources keep shifting to the elderly at the expense of the young, who will end up paying off a mountain of debt while their own standard of living is eroding.
Beware the Bond Bubble
Few investors in these troubled times would dream of expecting double digit returns.
Our Net Worth Is Down 39%. How Worried Should We Be?
It’s unlikely that most families will be able to make up for lost time after a 21-year period in which growth in their net worth has averaged out to less than nothing. However, some analysts are clinging to misconceptions that …
Was Nick Hanauer’s TED Talk on Income Inequality Too Rich for Rich People?
Their slogan is “ideas worth spreading.” But the folks at TED – the Technology Entertainment and Design nonprofit behind the TED Talks, beloved by geeks and others interested in novel new ideas – evidently think that some …
Romney Pal Writes an Ode to Inequality
Mitt Romney no doubt appreciates the million bucks his former Bain Capital protégé Edward Conard has donated to his election SuperPAC. He may not appreciate quite as much the shout-out he gets in the acknowledgements of …
Is Romney the Wrong Kind of Rich?
Do Americans – or at least a significant portion of them — resent success? To hear some tell it, the biggest division in the country today is between those striving for success – and those who want to tear down the …
Why We Need to Tackle the Skills Gap
I was struck this morning by two Op-Ed pieces: first, Larry Summers prescription for how to nurture the recovery in the FT, and Steven Rattner’s parsing of some new data on American inequality which found – surprise! – the …