Why Millennials Don’t Live Where You’d Expect Them To
Source: http://www.bloomberg.com/news/articles/2015-06-11/why-millennials-don-t-live-where-you-d-expect-them-to
U.S. household net worth increases to $84.9 trillion
Source: http://www.reuters.com/article/2015/06/11/us-usa-economy-wealth-idUSKBN0OR27120150611
Required Reading of The Day
Household Worth in U.S. Rose by $1.63 Trillion in First Quarter -Bloomberg EU Tells Greece It’s Time to Decide, IMF Team Leaves Brussels – Bloomberg How Do Companies Quietly Raise Prices? They Do This – WSJ Japan Battles Deflation, and a Bitter Legacy – WSJ Google’s Sidewalk Labs could ease cities’ growing pains – Fortune…
Chart Of The Day: Donuts Are Good For You…
Chart Courtesy of StockCharts.com No Position
Global Oil Demand Rising, IEA Says
Low oil prices and economic growth have helped drive up consumer demand for energy across the world in 2015, the International Energy Agency said Thursday, a phenomenon seen from U.S. gasoline stations to Chinese auto dealerships. The IEA’s closely watched oil market report lent some support to an idea pushed by the Organization of the Petroleum Exporting…
How Your Rates Will Move When the Fed Does
Source: http://www.wsj.com/articles/how-your-rates-will-move-when-the-fed-does-1433732576
Ping Pong!
We penned these words Tuesday night: “You know our stance. It is simple. While the major indices continue to be range-bound (with a little dose of downside recently), many areas of the market remain in poor shape. That has not changed…BUT THE SHORTER TERM ACTION MAY HAVE CHANGED. By the close, Tuesday’s action felt like…
World Bank Cuts 2015 Global Growth Forecast to 2.8%
The World Bank followed the OECD and the IMF by cutting its global growth forecast… Source: http://www.wsj.com/articles/world-bank-cuts-2015-global-growth-forecast-to-2-8-1433966532
Government Bonds Are Having A Tough Year
Source: http://www.wsj.com/articles/government-bond-yields-hit-2015-highs-across-globe-1433943736
One of World’s Youngest Billionaires Surfaces With Chinese Airline
http://www.bloomberg.com/news/articles/2015-06-10/juneyao-s-chairman-nephew-become-billionaires-as-shares-surge