Ravenous Costs and Dubious Benefits of a College Degree by Contributor • Sep 10, 2014 • 12 Comments She’ll be 55 before her net life-time earnings equal those of an enterprising person who left school at 16.
Subprime Blows up on Retailer, CEO Warns on ALL Subprime, Hits Auto Sales by Wolf Richter • Sep 3, 2014 • 10 Comments Subprime giveth, subprime taketh away.
Consumer Spending in August Drops below a Year Ago – Gallup by Wolf Richter • Sep 2, 2014 • Comments Off on Consumer Spending in August Drops below a Year Ago – Gallup Hapless American consumers appear to have hit a limit.
What the Heck Just Happened at the San Francisco Apple Store? by Wolf Richter • Aug 29, 2014 • 9 Comments Not everyone is irrationally exuberant.
This Economy Is Ruined For Everyone by WOLF STREET Reader • Aug 21, 2014 • 72 Comments Reader speaks up: Sensible people at all income levels are altering their behavior to be ready for what may happen.
This Chart Is a True Picture of What’s Dragging on the American Economy by Wolf Richter • Aug 20, 2014 • 11 Comments Over the long run (which is now), the math of that distortion just doesn’t work out.
Investment Bank Discovers the “Redistributive Effects” of QE by Wolf Richter • Jul 28, 2014 • 2 Comments How the Fed and other central banks channel wealth and income to rich households and companies at the expense of wage earners and the young.
Ominous Signs in Consumer Sentiment by Lee Adler • Jul 18, 2014 • 1 Comment Despite surging stocks since 2012, consumer sentiment has not broken out in similar fashion: a warning sign of a big move down in the markets and economy.
Gallup Slams Lid On Hopes For US Economy by Wolf Richter • Jul 11, 2014 • 6 Comments Consumers are “straining against rising prices on daily essentials” and are cutting back on things they want to buy.
IPO Hype-Miracle Gets Crushed by Reality by Wolf Richter • Jul 9, 2014 • Comments Off on IPO Hype-Miracle Gets Crushed by Reality The wealth transfer machine: Wall Street hype meets “retail funk”
