Good morning. Mmmm. Election time, perhaps?
http://ritholtz.com/2016/08/occurrences-phrase-fiscal-stimulus-news-articles/
The 10% richest hold ¾ of all US wealth
http://ritholtz.com/2016/08/76-67-trillion-family-wealth-belongs-top-10/
Divergence!
http://voxeu.org/article/economic-growth-stagnating-median-incomes-new-analysis
Not impressed.
http://uk.businessinsider.com/gold-and-central-bank-balance-sheets-2016-8
What? The end of the Feds-day phenomenon…?
http://awealthofcommonsense.com/2016/08/how-to-lie-with-fed-statistics/
The beginning of a recovery, perhaps?
https://www.richmondfed.org/publications/research/econ_focus/2016/q1/cover_story
By asking the question, you will probably know what the answer is going to be: “Did household inequality amplify and propagate the Great Recession?”
http://voxeu.org/article/inequality-made-great-recession-worse-especially-poor
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