I have for some time now been calling the recovery lumpy uneven, distributed based on industry education attainment and geography. For example, see this, this, this, or this; The chart above below...

My morning fjord reads: • Brexit Has Brought Britain to a Standstill (Bloomberg Businessweek) • How Good an Investment Were the Bailouts? (The Big Picture) • Unions Did Great Things for the...

I love these sorts of interactive income calculator’s:   Are you in the American middle class? Find out with our income calculator Click for the calculator. Source: Pew Research

The post

That changes our perspective on the wonderfulness of ever-expanding household wealth.
The assets of U.S. households recently topped $100 trillion, yet another sign that everything is going swimmingly in the U.S. economy. Let's take a look at the 

My midweek Nordic morning reads: • Ip: No, the Financial Crisis Didn’t Spawn Populism (Wall Street Journal) • Ten years after the financial crisis, business journalism awaits its reckoning...

Translation of an article by Hyun Song Shin, Economic Adviser and Head of Research of the BIS, in the Frankfurter Allgemeine Zeitung (FAZ), 15 September 2018.  This week marks the 10th anniversary...

He helped to design some of the very first Exchange Traded Funds (ETFs) as managing director at BGI; as co-founder of Cerulli Associates, he conducted some of the earliest research on fee-only...

My Two-for-Tuesday morning train reads: • Zombie Lehman Keeps Chalking Up Victories (Bloomberg View) see also Lehman’s Carcass Has Handed Huge Profits to Distressed Funds (Bloomberg) • Private...

When the herd thunders off the cliff, most participants are trapped in the stampede..
One of the most perverse consequences of the central banks "saving the world" (i.e. saving banks and the super-wealthy) is the destruction of low-risk...

On September 15, 2013, exactly 5 years ago, four of us took a leap into the unknown to launch RWM. Perhaps a few words on this crew, and how this all came together, is worth sharing. Take whatever...

  1. 10 Monday AM Reads
  2. Most Profitable Industry in Each U.S. State
  3. Trump won most counties with the lowest newspaper circulation rates
  4. Who Gets to Fix What’s Broken?
  5. 10 Sunday Reads
  6. National Geographic: Paris to Pittsburgh
  7. MIB: Dave Nadig, ETF.com
  8. 10 Weekend Reads
  9. Succinct Summation of Week’s Events 9.14.18
  10. Massive Deficit Spending Greenlights Waste, Fraud, Profiteering and Dysfunction
  11. BBRG: 10 Things People Still Get Wrong About the Financial Crisis
  12. 10 Friday AM Reads
  13. Porsche Taycan (formerly Porsche Mission E)
  14. Democrat and Republican Seats In Play
  15. Dunning Kruger Club
  16. 10 Thursday AM Reads
  17. Hedge Fund Performance, Pre & Post-Crisis
  18. Dalio on Debt & Depression
  19. The Next Financial Crisis Is Right on Schedule (2019)
  20. Crimes Were Committed

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