Now that we've established what the relative purchasing power of a dollar is in each of the United States, we're going to apply that information today to solve one of the great problems of our time: how to set the minimum wage in each state in order to achieve purchasing power equality.
What if you could hack your brain to boost your IQ? Would you do it? How can you do it?
What we observe for the actual trajectory of stock prices (solid blue line) over the past week is consistent with investors continuing to primarily focus on 2015-Q2 in setting today's stock prices
In the map, the Tax Foundation has adjusted the value of $100 according to its spending power in each state, or rather, for each state's relative purchasing power parity, and in doing so, has shown that 100 U.S. dollars is not worth the same in each state in terms of how much of a defined basket of goods and services that it can buy.
Through the end of 2014, the level of earnings has dropped to a level between what investors had previously expected back on 15 August 2013 and 14 November 2013.
During the December 2007-June 2009 recession, the number of jobs at the margins of the U.S. economy increased significantly through the period of major job loss ending in December 2009, even though total employment and the number of Americans employed by non-farm establishments fell.
Part time employment started off the recession at 24,758,000, but instead of decreasing as jobs disappeared from the U.S. economy, the number of Americans employed part time increased by 2,721,000 through December 2009.
The data suggests that investors have been and are currently focused upon 2015-Q2 in setting today's stock prices, since this quarter marks the period of time at which the Federal Reserve is most likely to act to increase short term interest rates in the U.S. for the first time in several years.
The number of U.S. companies acting to cut their dividends during July 2014 remained elevated at 15, down slightly from the 16 U.S. companies that took similar actions in June 2014, as recessionary conditions continue to be present in the U.S. economy.
When laughing hysterically, it often helps to take a short time out to catch your breath before continuing on with the thing that provoked your laughter. You'll want to pause now, because the carefully selected and limited number of spooky coincidences are discussed next....
We've long been tracking how American teens, who make up the most marginal of workers in the U.S. economy, have fared with respect to older Americans in the U.S. job market since the total employment level last peaked in November 2007.
How differently would the U.S. economy have performed without the Federal Reserve's efforts to stimulate the economy through its most recent Quantitative Easing (QE) programs?
The only real randomness in how stock prices behaved was in the timing for when that shift in focus occurred.
You can bet that the political activists who mindlessly cite the IDES' data in their calls to crank up the federal government's extended unemployment benefits program will be happy to never see that data updated beyond February 2014.
We think we may finally have a decent handle on how to compensate for the echo effect in our forecasting of the S&P 500's future.
The feel-good bubble for solar power enthusiasts burst just days later when it became clear that 13-year old had made mistakes in his science work backing his invention.
The tiny community web site of the tiny town located on the northwest corner of Long Island, New York announced that a 13-year old Northport Middle School student had applied a principle found in trees that could improve the performance of solar panels...
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for September 3rd, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for September 1st, 2014 | John Ransom