That’s people’s retirement income - and a new and real measure of economic well-being, beyond the usual one of unemployment:
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Och-Ziff Capital Management, the publicly traded hedge-fund firm, reported a loss for the second-quarter because of costs related to last year’s public offering. But its economic income, a commonly used measure in the hedge fund ind... Read Post
Perhaps the Bureau of Economic Analysis was hoping that today's cornucopia of ugly income and spending data would be enough for those who keep track of the US government's Department of Truth shennanigans and ignore the meat behind ... Read Post
Good morning. Here's what you need to know: 1. The Wall Street Journal reports: "Across a wide range of measures -- employment growth, unemployment levels, bank lending, economic output, income growth, home prices and household expe... Read Post