I’ve got a longer piece out at WaPo, but let me highlight a few things here re the Census Bureau’s release this AM of poverty, income, and health coverage data for 2015. Though these data are for last year and thus don’t move markets, they’re important as they provide a rare, granular look at the… Read more
Tomorrow the Census Bureau releases its annual report that allows us to drill down on how many different family types are doing in the current expansion. I’ve written up my expectations over at WaPo. As you see, I believe the combination of very low inflation last year and the tightening job market will have lowered… Read more
I know–why predict 2015 outcomes. That’s last year, right? Right. But the Census Bureau publishes estimates of household income and poverty results with a lag. This year, their results for 2015 will come out on Sept. 13. I’ll write them up that day, as is my wont, but for reasons I can’t explain, I always… Read more
There are lots of nuanced dynamics afoot in the political economy right now. I try to understand a few of them in today’s WaPo.
OTEers know I’ve long been concerned about economic security in retirement among aging Americans whose limited earnings and savings threaten to generate inadequate income replacement rates once they’ve aged out of the workforce. That’s one reason for my frequent scribblings on behalf of the new “fiduciary rule,” limiting conflicts of interest among financial advisors providing… Read more