Early Bird Headlines 03 March 2015
Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.
This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).
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Demographic Trends in the 50-and-Older Work Force
by Doug Short, Advisor Perspectives/dshort.com
Note from dshort: I"ve updated this commentary with data from the January Employment Report for December.
In my earlier update on demographic trends in employment, I included a chart illustrating the growth (or shrinkage) in six age cohorts since the turn of the century. In this commentary we"ll zoom in on the age 50 and older Labor Force Participation Rate (LFPR).
Read more >>
Infographic Of The Day: Your Ideal Sleep Duration
A panel of experts in sleep, anatomy, physiology, pediatrics, neurology, gerontology and gynecology joined forces to create new, age-specific sleep recommendations.
Become a Public Policy Thinker in Three Easy Steps
by Ajay Shah, ajayshahblogStep 1:What"s the market failure?
Each of us tends to get unhappy at some feature of the world or the other. As an example, I don"t like rap music. But value judgements of this nature do not justify the use of State power - either to ban rap music or to encourage classical music. Such coercion by the State is just abuse of power.
Written by Phil DeAngelo, Focused Wealth Management
401(k) retirement plan fees may appear negligible at a few pennies on the dollar. However they add up to a colossal amount of money for your nest egg over the span of your entire career. The vast majority of the 53 million people who take part in an work-sponsored 401(k) plan in the U.S. don"t know how much they"re paying in annual expenses and that they could be paying a lot less. If they do know about the high fees, it"s tough to complain for fear of offending the one who signs the paychecks.
Econintersect: CoreLogic"s Home Price Index (HPI) shows that home prices in the USA are up 5.7% year-over-year year-over-year (reported up 1.1% month-over-month). There is considerable backward revision in this index which makes monthly reporting problematic. CoreLogic HPI is used in the Federal Reserves"s Flow of Funds to calculate the values of residential real estate.