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What are the long-term trends for multiple jobholders in the US? The Bureau of Labor Statistics has two decades of historical data to enlighten us on that topic, courtesy of Table A-16 in the monthly...
Last week CNN Money featured an article with the optimistic and intriguing title "More American teens are getting jobs. That's good for everyone." The article opens with an example of 16-year-old...
The Sentier Research monthly median household income data series is now available for May. The nominal median household income was up $614 month-over-month and up $1,734 year-over-year. That's a 1.1%...
Yesterday saw mixed results and in one particular case, quite a dramatic one – but a development I had forecast although wasn’t quite ready for it yesterday…So… while GBP/USD...
The recent parabolic leveraged speculative rise and fall of the Shanghai Composite is reminiscent of silver’s epic rise and crash during 2011. Have a look: Silver (2010-2011) Shanghai Composite...
“There are decades where nothing happens; and there are weeks where decades happen.”– Vladamir Lenin The Federal Reserve’s June monetary policy meeting was only three weeks...
This strategy works until it doesn’t. If anything, a dip buyer should reorient to start fading strength, or selling rallies, in an effort to capitalize on the renewed risk aversion capturing the...
The IMF this week recommended that the Federal Reserve delay its first hike in interest rates until we see “clear signs of wage and price inflation, and sufficiently strong economic...
The U.S. coal industry breathed a sigh of relief this week after the Supreme Court blocked President Obama’s proposed limits on mercury emissions from power plants under the Clean Air Act.The...
More than 1,300 China-listed firms call trading halts Wednesday Shanghai Composite Index opens 8% down to cap "terrible day," says Moltke-Leth Index down 30% since June 12 high as "state...
Market Movers The continued drop in Chinese stocks now adds to negative risk sentiment globally and will be the major focus in financial markets in addition to Greece. Regarding Greece, Eurogroup...
EUR/USDToday’s support: - 1.0980 (main), where correction is possible. Break would give 1.0955, where correction also may be. Then follows 1.0933. Break of the latter would result in 1.0908. If...
Forex News and EventsLater today, the Fed will release the minutes of its June 16-17 FOMC meeting. At the June 17 press conference, a dovish Yellen stated that the Committee needs to see further...
Market BriefSurprisingly, no deal has been reached between Greece and euro zone officials yet as Alexis Tsipras’ government didn’t have the time to submit a written proposal yesterday....