Global Economic News and Analysis
Written by Steven Hansen A Federal Reserve data release (Z.1 Flow of Funds) for 1Q2013 provides insight into the finances of the average household – and our beloved “Joe Sixpack”. Our modeled “Joe Sixpack” – who owns a house and has a job, and essentially no other asset. We have also modeled a Joe who …
Continue reading “Joe Sixpack’s Situation: 1Q2013 View Continues to Improve”
Written by Steven Hansen A Federal Reserve data release (Z.1 Flow of Funds) for 4Q2012 provides insight into the finances of the average household – and our beloved “Joe Sixpack”. Our modeled “Joe Sixpack” – who owns a house and has a job, and essentially no other asset. You may ask why this analysis is …
Continue reading “Joe Sixpack’s Situation: 4Q2012 View Is a Little Better”
Written by Steven Hansen A Federal Reserve data release for 3Q2012 this past week provides insight into the finances of the average household – and our beloved “Joe Sixpack”. Our modeled “Joe Sixpack” – who owns a house and has a job, and essentially no other asset – situation improved – but his improvement was …
Continue reading “Joe Sixpack’s Situation: 3Q2012 View Updated”
Written by Steven Hansen I pen this while listening to the pundits talk about the terrible economy moving forward. I too think the USA economy going forward will be mediocre at best. This week ECRI has stated the recession began in July pointing to recession markers (peaks in certain significant broad measures). Has the recession …
Continue reading “Making The Economy Grow by Adding More Debt”
Written by Steven Hansen While we watch the drama over the demise of Hostess Brands, the financial media hums with the suggestion that the silly labor movement, as well as business errors have driven this company into the ground. Additionally, the American labor movement (aka Unions) and their continuing demands for more money and better …