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via upfina: The December retail sales report was so terrible that it implies a recession is coming soon if the data is accurate. There’s always a chance the data is incorrect … Read more
a person working at minimum wage of $7.50 working 40 hrs has a take home (net) pay of 1172.22 per month. A) That -247.78, that’s in the hole after paying … Read more
by howmuch The 2018 tax season is off to a slow start. According to the IRS, refunds are 8% lower than last year, and taxpayers appear to be taking their time filing their … Read more
by confoundedinterest MarketWatch has the tantalizing headline of “The Average Adjustable-rate Mortgage Is Nearly $700,000.” True, the average loan size for ARMs (adjustable-rate mortgages) is substantially higher than for FRMs (fixed-rate mortgages). … Read more
by howmuch Lots of people make New Year’s resolutions to get their personal financial situation in order, and paying off credit card debt is usually a high priority. Credit card … Read more
by Kimble Charting The Value Line Geometric Index tends to give investors a good idea of the health of the overall market. It is an equal-weighted index with a broad swath of stocks that … Read more
by Michael Snyder Can you imagine a society where there are no phones, no televisions and no computers at all? America was once such a place, but now everything has … Read more
Via Marketwatch Even if the economy is on a roll, many Americans aren’t feeling the benefit. Real wages effectively declined in 2018, according to figures from the PayScale Index, a formula … Read more
by Kimble Charting The stock market has been in a corrective sideways move for the better part of 2018. Is it ready to decline even lower? Well if the “average stock” is … Read more
via americanadvisorsgroup: While the definition of the word retirement means actually leaving your job, we at American Advisors Group know that word means so much more. We have firsthand experience with … Read more
via eyeball1234: Here’s the output for Sofia, using the same assumptions from the chart. Interested to hear your thoughts. imgur.com/a/BDW9nbd
via upfina: The September CoreLogic Case-Shiller index wasn’t terrible, which is encouraging since many housing related indexes have shown weakness recently. The problem with this report is it’s from September. Therefore, … Read more
Bitterly Cold Thanksgiving, Black Friday Will Be Among the Coldest on Record in Parts of the Northeast At a Glance An arctic air mass will engulf the Northeast in time … Read more
by howmuch If you are trying to save money, take a look at your electrical usage. That’s the message from a new report detailing average utility costs across five different … Read more
The markets are down again today after another wild session. Crude oil was volatile as well as the spreads begin to widen between US and Canadian crude. Apple got hammered … Read more
via studyfinds.org: LOS ANGELES — Love it or hate it, about half of all Americans are gearing up for Black Friday deals, and they’re planning on spending some serious cash, according to … Read more