A Broken Society – The American Middle Class Has Disappeared Into The Sunset

| October 21, 2015

Credit Suisse estimates that there are now 25% of Americans that are in the situation of having a negative net-worth. And…the Social Security Administration just released some stunning facts. The following are some of the numbers that really stood out! -38 percent of all American workers made less than $20,000 last year. -51 percent of […]

I’m Smarter, That’s Why I’m Richer Than You – Is The Rich War Cry…Uh, Maybe, Then Again Maybe Not!… But Either Way Governments Are Getting A Little More Desperate Now, And The Rich Are Making Themselves Into Very Colorful Feathered Targets For New Mega Wealth Taxes!

| November 5, 2013

The easy target with colorful feathers spread wide are the rich and the super rich.  Ice Cap Asset Management explains and the IMF builds the case…..Absent economic growth, higher taxes are the only perceived option. Be prepared. Ice Cap in summary….”Meanwhile, our analysis of the global economy continues to show a lack of any acceleration. Instead growth remains […]

This Review Of Personal Earnings And Savings Goes Hand In Hand With Rising Entitlements. It’s Called The New Normal And It’s A Rut.

| September 25, 2012

Savings….The average American says, what savings? The main reason for the recent surge in consumer “confidence” in September was the near record surge in sentiment for those making $15,000-$25,000, which soared from 43.5 to 62.4 in the month, the most since April 2009. And whether this was due to their forecast of the future, and expectation […]

U.S. Houshold Net Worth Jumps….

| June 7, 2012

It sounds like things are really rolling, but are they really? Since reaching a five-year low of $51.3 trillion in the first quarter of 2009, net worth has improved by $11.6 trillion. That leaves it $4.6 trillion below the record high of $67.5 trillion reached in the quarter ended September 2007, three months before the […]

Some Food For Thought On Consumer Net Worth

| February 16, 2012

It looks like we’ve seen the bounce in consumer net worth and now as we head back the other way, reality may set in! Or… maybe not, it being an election year and all. www.frontlinethoughts.com

U.S. Household Worth Increases By $943 Billion…Has Recouped 53% Of Losses Off Highs In 2007

| June 9, 2011

Household wealth in the U.S. climbed by $943 billion in the first quarter of 2011 according to the Federal Reserve’s flow of funds report out of Washington,  as rising stock market share prices outstripped declines in home values.  From the peak in June 2007 to the low in 2009 the losses from all asset groups combined were -24.9% of assets.  As of […]

The Seeds Of Discontent

| March 31, 2011

To see the real story, just look at the charts….. The top 1 percent  control 42 percent of all financial wealth. Growing Inequality…the middle class vs. the rich Growing Inequality…in income Source:  Social Security Does this look like a recovery to you?   More and More Food Stamps……and no end in sight And Real Estate values are […]

2001-2010: Ten Year Prelude To The Keynesian End Game

| March 19, 2011

Notice if you will, the house in the chart below is upside down…..how appropriate! One hundred years of the government’s attempts to mute the natural business cycle are slowly and painfully coming to an end.  A period where the government proactively encouraged consumption until it became 70% of the economy, we produced very little, and […]

Global Wealth Pyramid

| October 12, 2010

3 Billion Individuals or more than two thirds of the global adult population have wealth below USD $10,000.  Figures for mid-2010 indicate that 24.2 million adults are above the threshold for dollar millionaires. While they make up less than 1% of the global adult population, they own more than a third of global household wealth.  […]

Household Wealth Chart

| September 20, 2010

According to calculations from the Federal Reserve, household wealth tumbled a whopping $17 trillion during the crisis – or about 27%. Since the depths of the crisis, however, Americans have recovered about $5 trillion of household wealth. Only $12 trillion to go! For perspective, $12 trillion is nearly equal to one year’s US GDP. It’s […]

Household Net Worth Statistics

| September 17, 2010

Key words here: Households managed to pare down their debts for the ninth-straight quarter, largely by defaulting on mortgages and credit-card debts. The Federal Reserve reported Friday that household net worth—stocks, bonds, homes and other assets, minus mortgages and other debts—fell 2.8% to $53.5 trillion in the second quarter, driven by a sharp decline in […]

Distribution Of Net Worth…Getting Current Using Fuzzy Logic

| September 4, 2010

Even after looking at the market’s rebound from the lows of 2009, nest eggs remain severely impaired.  As of the first quarter of 2010, net household assets—homes, 401(k) plans, pension assets and other investments minus debts—stood at $54.6 trillion, down an average of 18% from the end of 2007.   We actually think the losses are higher but we’ll […]

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